I'm used to CryptoNote coins and understand quite well how they function. I've tried using Shadow to compare, but the knowledge base in the internet is quite scattered. Could you answer my questions or point me to the place where I can get more info?
1. Are all transactions anonymous by default in Shadow? Is there anonymity level setting in the wallet?
2. Are there any faucets?
Thank you.
Shadow is quite different in the way CN functions.
1. To make an anonymous transaction, you use tokens called "SDT" .. you can convert your SDC to SDT and once you have these you can further send SDT to SDT or SDT back to SDC. <--- anything that involves a SDT is a anonymous transaction. You can set the anonymity level you want in the wallet during the transaction.
Please take a look here for an explanation :
http://shadowcash.info/display/shadow/Transact+Anonymously2. There used to be, but it seems they are dry or offline now. I will see if we can fire one up.
So basically when i withdraw sdc from exchanges it's not anonymous at all because only sdc are used not tokens ?
the point in this is to switch more and more to sdt as time passes i guess ? But exchanges will always use sdc right ?
Yes, exchanges use only SDC (
yet).
With every SDT transaction (to and from it), more anonymous outputs are created - you can check that under
Chain Data in your Wallet. So yes, you're right. The point is also not to convert all SDT received directly to SDC in the same amount, as that transaction could be "matched" (not for sure, but it's a slight link). So it's good to gradually convert SDC to SDT (even if you don't necessarily need SDTs), to create some more chaos. And when receiving SDT, which you want to convert back to SDC, it's good to do that in smaller chunks as time passes.. or, ideally, leave it in SDT for future use.
Btw it's worth noting that your
SDT aren't staking. You can stake only SDC.
