Topic: please delete (Read 18342 times)

Anonymity refers to interaction with internet using ways that protects a persons’ identity from being shared with a third party. Various forms of anonymity exist in the current technological field and use of internet at large. Some types of anonymity that have been in existence since time immemorial. In the past, the phenomenon of anonymity was used to hide one's real identity when transacting online and indulgence in activities that require individual to hide personal identity for security purposes entirely and to keep sensitive information out of public reach.
Initially, before Facebook and Google became significant platforms on the internet, the old web supported identity that remained separated from real life. This phenomenon is gradually disappearing from the internet computing scene. The pursuit of authenticity is crouching into the heart of social platforms and current online landscape largely shapes how people engage with others and online content plus related activities.
Facebook and Google offer platforms that offer confidence that individual is really who they say they are. This authentic identity is not anonymous since facebook profiles, and Google IDs are linked to individuals’ real names and connections. Signing up and logging onto other web platforms using this identity is aggregated version of one’s offline past, online present, and future.
When an individual purchases items or hire for services using PayPal or on eBay’s commercial website, a person is not required to disclose full information to the distributors hence this aspect hides and protects individual’s identity. There are quizzes websites such as Formspring that support asking for anonymous questions to online visitors that are known to obtain responses regarding specific issues. These sites promote asking anonymous questions and get answers to enable provision of better services and technological improvising.
Presently, there are anonymous flirting and networking online resources that enable people to tease with others without revealing their real identities. Such anonymous forcing and networking platforms include LikeALittle, Chatroulette, and Omegle. They support the connection between individuals with the disclosure of whom they are, and eliminate personal prejudices in people and encourage free interaction between people.
There is also anonymous blogging and posting in the present internet interaction. Users can interact with others on the network, blog and post ideas and sentiments anonymously. Twitter supports anonymous accounts. Other websites like BlogSpot and tumbler support anonymous blogging and posting.
It is therefore essential for people to use combination Tor browser and 4Chan since Tor offers back-end anonymity that complements 4Chan front end anonymity. Considering online transactions, it is crucial for a person to maintain a high level of anonymity so malicious users cannot obtain your real identity and relates information that can be used to fraud money and other monetary resources. Before the use of credit cards and other wire transfers dramatically exposes one integrity and do not protect a person’s sensitive information. The introduction of cryptocurrency such as Bytecoin provides an option where one can pay for goods and services using the digital currency which is untraceable and does not expose private information. This element of anonymous transaction protects individual’s identity and hinders sellers from gaining knowledge that can be used to solicit them in future.

I believe bitcoinx is part of the solution but not the entire solution. Some people are critisizing the coloring of bitcoins in large scale.
My idea: we need to create a IOUcoin in the end where bitcoinx colors the IOUcoin, the IOUcoin will always be worth zero, but the IOU contained may be worth 1 cent or 1 billion dollars depending on what the IOU states. IOUcoin will therefore be inflationary so its value always will be zero, or at least close to zero (like paper you buy to sign contracts, the paper and the ink to sign the paper might cost you a couple of cent but not more)

Could you somehow use the miners as the trust third party? They are mining and supporting the system anyway.

Cunicula, replied to you on that thread.

I think this is the best idea I've heard in a while. I hope this comes together. Could do wonders for the bitcoin world. Will be following...

I don't get it. Is this alive? Any code available?

I'm excited for you,
I'm doing my p2px research as well, trying to join forces on a viable project.
Kindly provide relevant info regarding bitcoinx internals etc.

Hi all,

I have done some research on p2p bitcoin exchanges. As far as I understand, the project of this topic does not have any code yet. There's another p2p exchange project which does have code: DarkExchange (https://bitcointalk.org/index.php?topic=27055.140). However it's running into troubles and they haven't figured out yet that coloring is the solution. Actually the bitcoinx project did find that out, AND it has code AND it has a website. I've discussed matters with user "ConceptPending" and it looks like we're joining the bitcoinx project. I'm sorry if I'm stealing away people now, but at least you should be aware of similar projects.

I would like to share some raw thoughts and get feedback.

Having read http://stackoverflow.com/questions/3469628/banking-api-protocol and cursorily examined the OFX protocol, it seems that it is possible for the seller to get confirmation from the buyer's bank that funds have been sent to the seller's account.

This way it is pure p2p transaction. Of course the buyer will not remain anonymous, since the bank transfer will be made into his account.

But then I read in the very first post

Maybe we should first think how it would be possible to secure the private key to that wallet? And where will the Trading Bot run? It can't run "on the internet", it's got to be somebody's physical machine.

Good point. I'm probably one of the few persons here who likes low interest rates as you may have noticed from my signature. Just in case, I don't like manipulated (usually by central banks) rates: that's only moving rents around instead of suppressing them.

But, for example, I get and give ripple loans to/from people I trust at zero interest using villages.cc.
Having that service decentralized would be great, but I will still want to maintain some privacy.

The creditor generally wants transparency. The borrower wants secrecy. However, accepting the transparent market as a borrower should allow you to borrow at lower interest rates. Obviously people can go out and get 'secret' loans in the real world, but just closing off secret markets in BTC loans should help to lower interest rates.

If there are two otherwise equal alternatives they'll chose to keep their secrets. I think we will use both pseudonymous-public and private transactions. But that's for credit. Bitcoin needs to be "transparent" to be cash which at the same time makes it easier to obfuscate.
I think privacy is a desirable feature for both cash and credit protocols but there's more smart property use cases that require the tokens to be publicly traceable like the smart and securely transferable bolt key (for cars and doors).
We'll definitely use both schemes.

Because you can sell the marketplace to someone else and the untarnished reputation will be worth more than all the loot. If the FEDS come, however, then take the loot and run.

Sure, businesses may not want transparency because they benefit from keeping secrets. However, this doesn't mean that the world wouldn't be better off if their secrets were revealed to the public.
This is particularly true in credit markets. More transparency -> More stability.

Do you actually think Silk Road will not simply vanish with all the loot it can some day?

There was a gold based currency on anonymous net too years ago, great reputation, worked well etc.

But when time comes to retire or whatever, why not take the loot?

-MarkM-

Thank you for running the exchange but your bid/ask columns (Sell Orders and Buy Orders) are switched bid is usually on the left and Ask is on the right.
Really confusing.

No just have the two traders create a new wallet where each has one half of the key and put the BTC in there, not in the p2coin system!

The solution to Trader A being a big jerk? Trader B *also* creates a multi-key address (in such a way that each trader only knows one of the two keys) and puts a small "guarantee fee" in it. Then after Trader A has received the funds, he will not be a jerk and fail to give Trader B the second key to the large wallet, because he'd lose out on the extra few BTC in the small guarantee wallet.

Trader B could of course be a jerk and not send Trader A the other key to the guarantee wallet, but that would be a much smaller issue that could be handled through reputation, etc. since there would be no systematic benefit to doing so. Furthermore, Trader A would not even be afraid of this very much since is still making some money on the spread.

This seems to make a p2p exchange work, as well as eliminating the need for escrow (and if escrow was ever needed, the level of trust needed for the third party could be minimized through this same "dual locked boxes" method).

Please correct if this is in error, but it seems foolproof.

EDIT: Here's a chart illustrating the incentives of each trader: https://bitcointalksearch.org/topic/proposal-a-dual-2-key-wallet-system-for-trustless-trade-118418

Your balance at the bank is still credit from the bank to you.
If it is about laws, you can link a legal contract to a cryptographic keypair. Thus colored coins could have legal value on courts.

Sure. I agree with that.

It also explains why glbse is moving away from anonymous security issuers - those days are over.

I can go and visit the bank in person. Theres a difference between that and being able to verify some anonymous internet identity.

I very rarely deposit to exchanges and only use people who are subject to fair trading legislation in my own country. People with something to lose by being dishonest such as spendbitcoins.