Author

Topic: Redlist proposal is bullshit because of mixing services (Read 721 times)

sr. member
Activity: 280
Merit: 250
I have the greatest respect for Mike Hearn
That is sad. He is actively trying to destroy Bitcoin. Everybody should have lost any respect by now.
I agree, everybody should have lost their respect for him as soon as he proposed this ridiculous idea.
legendary
Activity: 1372
Merit: 1000
--------------->¿?
I have the greatest respect for Mike Hearn
That is sad. He is actively trying to destroy Bitcoin. Everybody should have lost any respect by now.

Done
full member
Activity: 148
Merit: 100
I have the greatest respect for Mike Hearn
That is sad. He is actively trying to destroy Bitcoin. Everybody should have lost any respect by now.
hero member
Activity: 714
Merit: 500
Even Mike Hearn admits that criminals can simply use a mixing service to counter-act his Redlist proposal.

Here he is talking about CryptoLocker:

Quote
The most obvious counter-move is to use a public mixing service like the one run by blockchain.info. These mixes aren't truly P2P, so the b.i server (or clients) could check and refuse to mix marked coins

His only solution is that since blockchain.info is centralized it can likely be encouraged/coerced into refusing to process any marked coins

This completely contradicts his argument that Redlisting does not impact on fungibility:

Quote
But in no circumstance would you be expected to say "I won't accept those coins".

I have the greatest respect for Mike Hearn but I strongly oppose his views here and those he has voiced on Tor hidden services
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