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Topic: [[[[[ REMOVE ME ]]]] <============ (Read 936 times)

legendary
Activity: 1498
Merit: 1000
October 09, 2013, 01:31:42 PM
#7
Quote
Hello gweedo,

Thanks for your answer. I'll try to add a more protective way to encrypt data sent.
30 days was ab arbitrary delay, I'll change it to 2 days after the transaction has been completed.

For now, I don't have any mechanism against tainted coins.
I got a small amount of bitcoins (less than 2BTC) on my account so, you can't get the same coins you sent me.
I've developped a solid algorythm for that.
For example

A sends 1BTC.
 * BitLaundry sends A 1BTC from the "bank".
 * Bank total amount is now 2BTC (but dillued).
B sends 0.5BTC.
 * BitLaundry sends B 0.5BTC from the "bank" (A + amount before).
 * Bank total amount is now 2BTC (but dillued).
C sends 0.3BTC.
 * BitLaundry sends C 0.3BTC from the "bank" (A + B + amount before).
 * Bank total amount is now 2BTC (but dillued).
D sends 1BTC.
 * BitLaundry sends D 1BTC from the "bank" (A + B + C + amount before).
 * Bank total amount is now 2BTC (but dillued).


Maybe show how diluted the bank is (like X BTC spreaded over X Addresses), but for mixer this requires a lot of volume, and you should have a back up plan.
legendary
Activity: 1904
Merit: 1005
PGP ID: 78B7B84D
October 09, 2013, 01:03:19 PM
#6
You would need to gain some trust before people start using this service
legendary
Activity: 1498
Merit: 1000
October 09, 2013, 12:19:35 PM
#5
Ok no ssl so I can't make sure you get my addresses. Or a PGP way to encrypt what I am sending you. You keep logs for 30 days what is the point of that? Why not keep them and a day or two after transaction is complete it is deleted.

You probably want to work on security also how do you check to make sure the coins are not tainted or even the same coins coming back to us.
full member
Activity: 145
Merit: 100
┗(°0°)┛
October 08, 2013, 05:11:09 AM
#4
To be honest, the sentence "We hope this would convict you of our serious" somehow doesn't convince me at all...
legendary
Activity: 1764
Merit: 1000
October 08, 2013, 12:06:35 AM
#3
this works much easier with inputs and that's for free.
hero member
Activity: 728
Merit: 500
October 07, 2013, 11:19:58 PM
#2
Quote
Why would I trust you ?
I have been a bitcoin user for a couple of years

Yeah, you registered for the forums today. This doesn't give us much confidence. You'll need a little more rep before people will trust you, especially will a sketchy service like this.
newbie
Activity: 4
Merit: 0
October 07, 2013, 03:19:44 PM
#1
To be removed
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