Author

Topic: [SDC] ShadowCash | Welcome to the UMBRA - page 413. (Read 1289636 times)

hero member
Activity: 812
Merit: 1000
January 04, 2015, 03:46:01 PM

snipped
Due to BCT rules regarding giveaways I will not send anymore shadow to posted addys. I'll create a page on www.shadowtalk.org and link to it later.
Apologies to any mods reading this. It was not my intention to "giveaway" coins but rather to demo the zk anon. the amounts sent represented very small nominal sums and were sent purely in the interests of education.

Thank you.
hero member
Activity: 812
Merit: 1000
January 04, 2015, 03:43:40 PM
Hello all,

Thanks for helping to spread the word about SDC but please note that giveaways are against BCT's ToS. Please move the giveway over to www.shadowtalk.org so our thread doesn't get closed!

Thanks all!

Understood.

Apologies to any mods reading this. It was not my intention to "giveaway" coins but rather to demo the zk anon. the amounts sent represented very small nominal sums and were sent purely in the interests of education.

I will move this action to www.shadowtalk.org and post a link here later.

if you feel it necessary to delete these posts I understand.

Thank you.
full member
Activity: 326
Merit: 100
January 04, 2015, 03:22:37 PM
Soepkip, days have past. Could you please share your thoughts on our PR plans. We really need your help to get the ball rolling. I can't believe im trying convince our community manager to actually reply. Theres loads of people that are willing to donate for these projects! Help us, so we can help you...
full member
Activity: 129
Merit: 100
Leave nothing but a shadow.
January 04, 2015, 01:49:00 PM
Hello all,

Thanks for helping to spread the word about SDC but please note that giveaways are against BCT's ToS. Please move the giveway over to www.shadowtalk.org so our thread doesn't get closed!

Thanks all!
full member
Activity: 126
Merit: 100
Lean into the curves.
January 04, 2015, 01:35:29 PM
Community,

I suggest we tip exclusively with shadowsend.

So those who wanna play with Shadow should create a new stealth address in their SDC wallets (v1.3.0.6, see OP) and submit those addys instead of SDC addys. Since dadon was kind enough to send me 100sdc earlier I will send these to my own stealth/shadow addy now (thus creating shadow tokens), and send Shadow to those who submit a stealth addy.

SO a Shadow>Shadow zero knowledge transaction…

Witness the power of the Shadow!



Here is my addy : smYoV2a7LHN4srLJdHJakmQysdgZzyHb6S5CAHR2t1fUAHo5kKs9x7BKZGurQU2K7Zhj6rMwuCRdGj5 sSJLDkCY3uL6wQ1tU1UeS5e  Wink

Done - a zero knowledge transaction…
http://shadow.blockexplorer.cc/tx/30bc188cc73f543148bc4f691cdb2a19f707b5ddd19b472d776b74dd26d17c9c

Welcome to Shadow

Who else wants some? Post a Shadow/Stealth addy to see the power of Shadow for yourself…

bump.
go to "receive" in ur wallet
click create new address
tick the stealth box
post the addy here
ill post the tx's.
you get some Shadow.

nobody but you will know how much…
and nobody at all will ever know from whom you received it, even you.

p.s. it's not me who will send you the shadow coins…  Cool




Here's my addy : smYiXcwqThRBuphkTsHHCGes3xvNPdmQWXqzPm9cQWiPgvVwUWecZzGvTeXxmmW7EtpFHbS6CpiFRve PoSuCnvtgpdeFeQmoNJRVCn  Grin

Presto! An anonymous zero knowledge transaction… http://shadow.blockexplorer.cc/tx/d1328f79598937b5a1b0828ab558063e06fea7c513be1d8aaa46c95274a19830

pressed suggested ring size before sending. sent with ringsize of 14. small tx fee paid Wink

WHo else wants some?

BUMP

I'll take some, please....

smYiaRksWyiKiUECD7XoXnX9eUB1hjWHEYH2pScpjQPiiVg5apYNnc4T7VVY6MmHSMZMgLHxG3kgwrS hoHXEF8Boz3pXzDi9SXK5uW

Thanks!

Ask and you shall receive… http://shadow.blockexplorer.cc/tx/b21d4928fce302d218c0f042f0dfdd8e6f0558d85ff8c75d5d97af38e8127d20 …welcome to Shadow!

AFter hitting "suggest ring size" it sent with a ring size of 27!!!

who's next? (just a couple more to complete this demo…)

Thank you!  My wallet is still syncing up Smiley
hero member
Activity: 812
Merit: 1000
January 04, 2015, 01:07:46 PM
Now that the shadow-SDC parenthesis is closed, I woul like to say this:

- I propose that if in 24 hours, no SDC official has showed up, we choose a treasurer in the community with an election. That person will open a BTC address and safeguard the community contributions.

- Also, for those that are concerned with the massive selling of SDCs: the most probable reason is that the people who were paid in SDC to work for SDC are cashing out. That's all.

- Finally, I have an idea to strengthen the SDC economy. I have realised that job boards for BTC are quite small and don't really offer great opportunities. Therefore, I am going to create a job board on shadowtalk shortly. Jobs will be paid in SDCs. If we can attract professionals and amateur freelancers from all the web in a greater scale than BTC now, we will be able to have the best crypto-job-economy in the world and attract many many people to adopt SDC ! Link to the board to follow shortly Wink

Bump !

Nice one with the job board. The whole election/treasurer thing will be unnecessary. Im sure that a Team member will address the matter of a PR donations addy now the some members of the community are calling for it. Having said that there is one which exists in shadowhangout as pointed out earlier in the thread. If that is handled by a team member then we just need a confirm it is still "working".
I heard of it, but it's in SDC. We would need a BTC fund.

not sure if i agree. sdc seems good to me
sr. member
Activity: 390
Merit: 250
January 04, 2015, 12:27:16 PM
Do we really have a community manager?

I havent seen him for a very long time, he is not active lately

Do we pay him, maybe it is the problem

Dadon and i asked couple of questions about bounty and pr, will anyone from coreteam will ever answer

Dadon, fearcoka and me.... Are we the only ones who keep on buying sdc

Who the hell sells that much sdc, what is the reason for selling and why he continues to sell

And many more questions i have

Who the fuck is selling non-stop???

i afraid we will be the bag holders, me, dadon, fearcoka haha

Dear skip60,

I don't get you; what's your problem? You're one of the loudest here, almost non-stop complaining about price dropping.. Do you honestly think, that you (3!) guys are the only ones buying SDC?

Based on how you behave, you might have a lil' too much in SDC, when you're freaking out every time the price drops. Either believe in Shadow and deal with it or sell it and find something else – there are plenty of guys who'll gladly buy your stash.

  • do you believe in SDC? Great. Keep it, be happy you can buy more really cheap AND take part in community efforts, spread the word about SDC, write an article.. I don't care. If you don't like the price, DO something about it and don't just throw nonsense accusations around..
  • don't you believe in SDC? Too bad for you. Sell what you have (or at least those excessive amounts you act like you have) and enjoy the peace of mind.

In the end, it's pretty easy.
Cheers.
hero member
Activity: 812
Merit: 1000
January 04, 2015, 12:13:44 PM
Now that the shadow-SDC parenthesis is closed, I woul like to say this:

- I propose that if in 24 hours, no SDC official has showed up, we choose a treasurer in the community with an election. That person will open a BTC address and safeguard the community contributions.

- Also, for those that are concerned with the massive selling of SDCs: the most probable reason is that the people who were paid in SDC to work for SDC are cashing out. That's all.

- Finally, I have an idea to strengthen the SDC economy. I have realised that job boards for BTC are quite small and don't really offer great opportunities. Therefore, I am going to create a job board on shadowtalk shortly. Jobs will be paid in SDCs. If we can attract professionals and amateur freelancers from all the web in a greater scale than BTC now, we will be able to have the best crypto-job-economy in the world and attract many many people to adopt SDC ! Link to the board to follow shortly Wink

Bump !

Nice one with the job board. The whole election/treasurer thing will be unnecessary. Im sure that a Team member will address the matter of a PR donations addy now the some members of the community are calling for it. Having said that there is one which exists in shadowhangout as pointed out earlier in the thread. If that is handled by a team member then we just need a confirm it is still "working".
hero member
Activity: 606
Merit: 500
January 04, 2015, 11:53:41 AM
Do we really have a community manager?

I havent seen him for a very long time, he is not active lately

Do we pay him, maybe it is the problem

Dadon and i asked couple of questions about bounty and pr, will anyone from coreteam will ever answer

Dadon, fearcoka and me.... Are we the only ones who keep on buying sdc

Who the hell sells that much sdc, what is the reason for selling and why he continues to sell

And many more questions i have

Who the fuck is selling non-stop???

i afraid we will be the bag holders, me, dadon, fearcoka haha
sell your sdc and go away
sr. member
Activity: 630
Merit: 253
January 04, 2015, 11:40:48 AM
Do we really have a community manager?

I havent seen him for a very long time, he is not active lately

Do we pay him, maybe it is the problem

Dadon and i asked couple of questions about bounty and pr, will anyone from coreteam will ever answer

Dadon, fearcoka and me.... Are we the only ones who keep on buying sdc

Who the hell sells that much sdc, what is the reason for selling and why he continues to sell

And many more questions i have

Who the fuck is selling non-stop???

i afraid we will be the bag holders, me, dadon, fearcoka haha
hero member
Activity: 812
Merit: 1000
January 04, 2015, 10:23:07 AM
Community,

I suggest we tip exclusively with shadowsend.

So those who wanna play with Shadow should create a new stealth address in their SDC wallets (v1.3.0.6, see OP) and submit those addys instead of SDC addys. Since dadon was kind enough to send me 100sdc earlier I will send these to my own stealth/shadow addy now (thus creating shadow tokens), and send Shadow to those who submit a stealth addy.

SO a Shadow>Shadow zero knowledge transaction…

Witness the power of the Shadow!



Here is my addy : smYoV2a7LHN4srLJdHJakmQysdgZzyHb6S5CAHR2t1fUAHo5kKs9x7BKZGurQU2K7Zhj6rMwuCRdGj5 sSJLDkCY3uL6wQ1tU1UeS5e  Wink

Done - a zero knowledge transaction…
http://shadow.blockexplorer.cc/tx/30bc188cc73f543148bc4f691cdb2a19f707b5ddd19b472d776b74dd26d17c9c

Welcome to Shadow

Who else wants some? Post a Shadow/Stealth addy to see the power of Shadow for yourself…

bump.
go to "receive" in ur wallet
click create new address
tick the stealth box
post the addy here
ill post the tx's.
you get some Shadow.

nobody but you will know how much…
and nobody at all will ever know from whom you received it, even you.

p.s. it's not me who will send you the shadow coins…  Cool




Here's my addy : smYiXcwqThRBuphkTsHHCGes3xvNPdmQWXqzPm9cQWiPgvVwUWecZzGvTeXxmmW7EtpFHbS6CpiFRve PoSuCnvtgpdeFeQmoNJRVCn  Grin

Presto! An anonymous zero knowledge transaction… http://shadow.blockexplorer.cc/tx/d1328f79598937b5a1b0828ab558063e06fea7c513be1d8aaa46c95274a19830

pressed suggested ring size before sending. sent with ringsize of 14. small tx fee paid Wink

WHo else wants some?

BUMP

I'll take some, please....

smYiaRksWyiKiUECD7XoXnX9eUB1hjWHEYH2pScpjQPiiVg5apYNnc4T7VVY6MmHSMZMgLHxG3kgwrS hoHXEF8Boz3pXzDi9SXK5uW

Thanks!

Ask and you shall receive… http://shadow.blockexplorer.cc/tx/b21d4928fce302d218c0f042f0dfdd8e6f0558d85ff8c75d5d97af38e8127d20 …welcome to Shadow!

AFter hitting "suggest ring size" it sent with a ring size of 27!!!

who's next? (just a couple more to complete this demo…)
full member
Activity: 126
Merit: 100
Lean into the curves.
January 04, 2015, 09:42:55 AM
Community,

I suggest we tip exclusively with shadowsend.

So those who wanna play with Shadow should create a new stealth address in their SDC wallets (v1.3.0.6, see OP) and submit those addys instead of SDC addys. Since dadon was kind enough to send me 100sdc earlier I will send these to my own stealth/shadow addy now (thus creating shadow tokens), and send Shadow to those who submit a stealth addy.

SO a Shadow>Shadow zero knowledge transaction…

Witness the power of the Shadow!



Here is my addy : smYoV2a7LHN4srLJdHJakmQysdgZzyHb6S5CAHR2t1fUAHo5kKs9x7BKZGurQU2K7Zhj6rMwuCRdGj5 sSJLDkCY3uL6wQ1tU1UeS5e  Wink

Done - a zero knowledge transaction…
http://shadow.blockexplorer.cc/tx/30bc188cc73f543148bc4f691cdb2a19f707b5ddd19b472d776b74dd26d17c9c

Welcome to Shadow

Who else wants some? Post a Shadow/Stealth addy to see the power of Shadow for yourself…

bump.
go to "receive" in ur wallet
click create new address
tick the stealth box
post the addy here
ill post the tx's.
you get some Shadow.

nobody but you will know how much…
and nobody at all will ever know from whom you received it, even you.

p.s. it's not me who will send you the shadow coins…  Cool




Here's my addy : smYiXcwqThRBuphkTsHHCGes3xvNPdmQWXqzPm9cQWiPgvVwUWecZzGvTeXxmmW7EtpFHbS6CpiFRve PoSuCnvtgpdeFeQmoNJRVCn  Grin

Presto! An anonymous zero knowledge transaction… http://shadow.blockexplorer.cc/tx/d1328f79598937b5a1b0828ab558063e06fea7c513be1d8aaa46c95274a19830

pressed suggested ring size before sending. sent with ringsize of 14. small tx fee paid Wink

WHo else wants some?

BUMP

I'll take some, please....

smYiaRksWyiKiUECD7XoXnX9eUB1hjWHEYH2pScpjQPiiVg5apYNnc4T7VVY6MmHSMZMgLHxG3kgwrS hoHXEF8Boz3pXzDi9SXK5uW

Thanks!
hero member
Activity: 812
Merit: 1000
January 04, 2015, 07:19:57 AM


No it does not make sense at all. I send you 27 coins and soon thereafter you "mint" 27 new coins. It becomes pretty clear where my 27 coins went.

This won't always happen of course. What I said above is that if it happens a lot, then anonymity is compromised. If it happens rarely or not at all, then it isn't an issue.

What if you send me 27 coins, then I send myself 3 more Shadow, then I convert 21 coins back to SDC tomorrow and 9 more next Tuesday?

I think that what's more important is that the user is in control of how often that happens. Some will screw it up for sure. Future versions of the wallet can help with that.
That's just guessing it's not proof

True

Quote
it's circumstantial could not e used as evidence would not stand up in a court of law

Well that depends. Circumstantial evidence can and is used in court, as part of a case. One little clue like this probably doesn't prove a case by itself but it could still be a relevant piece of evidence. It can be used as surveilance to start or continue an investigation to gather more direct and more damning evidence. In countries that don't quite abide by the rule of law it might make you look guilty enough to for bad things to happen even without "proof." I'm pretty sure that isn't what you want either.

Also, who's talking about court necessarily though? I thought the idea was actually keep one's transactions private, for example from competitors, employees, employers, former business partners, customers, suppliers, political opponents, repressive regimes looking to track and/or cut off funding to dissidents, ex-spouses, stalkers, etc., not just (perhaps narrowly) evade prosecution. I have no idea though, perhaps that is not the goal of SDC. It is certainly the goal of other coins I won't mention here.

Quote
and is fixed by not being careless

Not entirely. If I send coins to you, I have no control of how careless you might be with the coins I just sent you. If you transact with them in a careless manner, that creates clues that may point back to me. It also contradicts the notion of "ease of use" if the onus is on the user to "be careful" all the time, or leave a trail.

More to the point, consider the case of blockchain analysis. The goal of which is to take little pieces of information and put them together to make inferences about what types of transactions are for what purpose. That's how bitcoin tracing actually works in practice. There is no direct label on most addresses/transactions that tell exactly what they are, but by treating the blockchain as big data you can process it and make inferences.

The goal of anonymous technologies like shadow (at least as far as I know) is to remove those clues and stop the surveilance. It's more effective if you aren't incorporating transparent addresses and traceable transactions at a high frequency.

But as I said if it isn't used too much and most transactions are Shadow->Shadow, then this is nothing to worry about. So I guess its just a question of seeing how it plays out in practice.



you make some good points, but for a 3rd party to be gathering evidence like that the person they are surveling is probably very naughty and therefor very careful, yes the person they are transacting with could e careless resulting in them being exposed we need to address this good point, but for normal everyday people who like privacy or are committing minor felony's( buying some weed or avoiding tax etc) it's not really a problem imo.


As long as we a) all start converting some amounts of SDC to Shadow and b) use primarily Shadow>Shadow as a preferred means of transaction then ALL these concerns have been addressed.

The most STUPID thing a user could do with this system is to receive an SDC>Shadow tx and immediately convert ALL of it back via Shadow>SDC. Even though there is still plausible deniability even in this event it is just plain silly to do so. Perhpas some safeguards could be built in to prevent this stupidity. just like a pop-up saying "this action will weaken the anon, select a different amount"…

Once we all have 25-60% of our SDC in Shadow and principally use shadowsend (shadow>shadow) then the anon is complete. When people convert amounts of Shadow back to SDC, they are redeemed into a brand new SDC addy generated by your wallet on-the-fly.

Vis-a-vis SDC pos staking being compromised by Shadow token creation I doubt this'll be an issue. If this network is used to its ful potential that 2% interest could turn out to be a valable incentive to stake. Notwithstanding established exchanges will deal in SDC for the foreseeable future. IN fact for them its great. They dont get any heat for dealing with an anon coin (from Governments) since it is not in its anon state when they deal it.

I really look forward to seeing the available SDC supply decrease as we turn Shadow… Investors will go "hmmm"  Smiley
legendary
Activity: 1190
Merit: 1002
Pecvniate obedivnt omnia.
January 04, 2015, 04:36:23 AM


No it does not make sense at all. I send you 27 coins and soon thereafter you "mint" 27 new coins. It becomes pretty clear where my 27 coins went.

This won't always happen of course. What I said above is that if it happens a lot, then anonymity is compromised. If it happens rarely or not at all, then it isn't an issue.

What if you send me 27 coins, then I send myself 3 more Shadow, then I convert 21 coins back to SDC tomorrow and 9 more next Tuesday?

I think that what's more important is that the user is in control of how often that happens. Some will screw it up for sure. Future versions of the wallet can help with that.
That's just guessing it's not proof

True

Quote
it's circumstantial could not e used as evidence would not stand up in a court of law

Well that depends. Circumstantial evidence can and is used in court, as part of a case. One little clue like this probably doesn't prove a case by itself but it could still be a relevant piece of evidence. It can be used as surveilance to start or continue an investigation to gather more direct and more damning evidence. In countries that don't quite abide by the rule of law it might make you look guilty enough to for bad things to happen even without "proof." I'm pretty sure that isn't what you want either.

Also, who's talking about court necessarily though? I thought the idea was actually keep one's transactions private, for example from competitors, employees, employers, former business partners, customers, suppliers, political opponents, repressive regimes looking to track and/or cut off funding to dissidents, ex-spouses, stalkers, etc., not just (perhaps narrowly) evade prosecution. I have no idea though, perhaps that is not the goal of SDC. It is certainly the goal of other coins I won't mention here.

Quote
and is fixed by not being careless

Not entirely. If I send coins to you, I have no control of how careless you might be with the coins I just sent you. If you transact with them in a careless manner, that creates clues that may point back to me. It also contradicts the notion of "ease of use" if the onus is on the user to "be careful" all the time, or leave a trail.

More to the point, consider the case of blockchain analysis. The goal of which is to take little pieces of information and put them together to make inferences about what types of transactions are for what purpose. That's how bitcoin tracing actually works in practice. There is no direct label on most addresses/transactions that tell exactly what they are, but by treating the blockchain as big data you can process it and make inferences.

The goal of anonymous technologies like shadow (at least as far as I know) is to remove those clues and stop the surveilance. It's more effective if you aren't incorporating transparent addresses and traceable transactions at a high frequency.

But as I said if it isn't used too much and most transactions are Shadow->Shadow, then this is nothing to worry about. So I guess its just a question of seeing how it plays out in practice.



you make some good points, but for a 3rd party to be gathering evidence like that the person they are surveling is probably very naughty and therefor very careful, yes the person they are transacting with could e careless resulting in them being exposed we need to address this good point, but for normal everyday people who like privacy or are committing minor felony's( buying some weed or avoiding tax etc) it's not really a problem imo.
legendary
Activity: 2968
Merit: 1198
January 04, 2015, 03:51:23 AM


No it does not make sense at all. I send you 27 coins and soon thereafter you "mint" 27 new coins. It becomes pretty clear where my 27 coins went.

This won't always happen of course. What I said above is that if it happens a lot, then anonymity is compromised. If it happens rarely or not at all, then it isn't an issue.

What if you send me 27 coins, then I send myself 3 more Shadow, then I convert 21 coins back to SDC tomorrow and 9 more next Tuesday?

Then there is probably no usable link. But it all depends on timing, the amounts involved, the volume of transactions, etc.

As you say a wallet can help, and having a very successful coin with a lot of activity can help (in fact this is necessary; you simply can't hide by yourself, even with zerocash this is true).


legendary
Activity: 2968
Merit: 1198
January 04, 2015, 03:40:38 AM


No it does not make sense at all. I send you 27 coins and soon thereafter you "mint" 27 new coins. It becomes pretty clear where my 27 coins went.

This won't always happen of course. What I said above is that if it happens a lot, then anonymity is compromised. If it happens rarely or not at all, then it isn't an issue.

What if you send me 27 coins, then I send myself 3 more Shadow, then I convert 21 coins back to SDC tomorrow and 9 more next Tuesday?

I think that what's more important is that the user is in control of how often that happens. Some will screw it up for sure. Future versions of the wallet can help with that.
That's just guessing it's not proof

True

Quote
it's circumstantial could not e used as evidence would not stand up in a court of law

Well that depends. Circumstantial evidence can and is used in court, as part of a case. One little clue like this probably doesn't prove a case by itself but it could still be a relevant piece of evidence. It can be used as surveilance to start or continue an investigation to gather more direct and more damning evidence. In countries that don't quite abide by the rule of law it might make you look guilty enough to for bad things to happen even without "proof." I'm pretty sure that isn't what you want either.

Also, who's talking about court necessarily though? I thought the idea was actually keep one's transactions private, for example from competitors, employees, employers, former business partners, customers, suppliers, political opponents, repressive regimes looking to track and/or cut off funding to dissidents, ex-spouses, stalkers, etc., not just (perhaps narrowly) evade prosecution. I have no idea though, perhaps that is not the goal of SDC. It is certainly the goal of other coins I won't mention here.

Quote
and is fixed by not being careless

Not entirely. If I send coins to you, I have no control of how careless you might be with the coins I just sent you. If you transact with them in a careless manner, that creates clues that may point back to me. It also contradicts the notion of "ease of use" if the onus is on the user to "be careful" all the time, or leave a trail.

More to the point, consider the case of blockchain analysis. The goal of which is to take little pieces of information and put them together to make inferences about what types of transactions are for what purpose. That's how bitcoin tracing actually works in practice. There is no direct label on most addresses/transactions that tell exactly what they are, but by treating the blockchain as big data you can process it and make inferences.

The goal of anonymous technologies like shadow (at least as far as I know) is to remove those clues and stop the surveilance. It's more effective if you aren't incorporating transparent addresses and traceable transactions at a high frequency.

But as I said if it isn't used too much and most transactions are Shadow->Shadow, then this is nothing to worry about. So I guess its just a question of seeing how it plays out in practice.


legendary
Activity: 968
Merit: 1000
einc.io
January 04, 2015, 03:11:58 AM
I suspect coreteam has/is still trying to connect with family after months of coding.  However I do would like a active presence here.  Though I understand that IRC is the prefered place for questions/support etc.  And there is the http://shadowtalk.org/ forum that we have been encouraged to use as well.    BTCtalk has really fallen to the wayside for many coins focus, for good reason I am sure.    However I do use BTCtalk as my primary source for crypto informations.  Perhaps this is a mistake!
sr. member
Activity: 630
Merit: 253
January 04, 2015, 03:03:20 AM
Do we really have a community manager?

I havent seen him for a very long time, he is not active lately

Do we pay him, maybe it is the problem

Dadon and i asked couple of questions about bounty and pr, will anyone from coreteam will ever answer

Dadon, fearcoka and me.... Are we the only ones who keep on buying sdc

Who the hell sells that much sdc, what is the reason for selling and why he continues to sell

And many more questions i have
legendary
Activity: 1190
Merit: 1002
Pecvniate obedivnt omnia.
January 04, 2015, 02:44:01 AM


No it does not make sense at all. I send you 27 coins and soon thereafter you "mint" 27 new coins. It becomes pretty clear where my 27 coins went.

This won't always happen of course. What I said above is that if it happens a lot, then anonymity is compromised. If it happens rarely or not at all, then it isn't an issue.

What if you send me 27 coins, then I send myself 3 more Shadow, then I convert 21 coins back to SDC tomorrow and 9 more next Tuesday?

I think that what's more important is that the user is in control of how often that happens. Some will screw it up for sure. Future versions of the wallet can help with that.
That's just guessing it's not proof it's circumstantial could not e used as evidence would not stand up in a court of law, and is fixed by not being careless and almost impossible to do once the network grows, anybody who is careless enough to expose themselves like that and as i said before will be almost impossible to do when the network grows big does not care about privacy or have anything to hide, this tech is for people who do care and will be careful, but anyways won't matter soon the network will be far to big to guess, it could be done but won't be because the 3rd parties who snoop on people like that know that the intelligence they are gathering is a waste of time and resources because it's circumstantial, so it really isn't a big deal, and once the network grows you would almost have to try too expose yourself for a 3rd party to guess in example sending a very unique amount of coins, but even then the 3rd party would be guessing and it would be circumstantial so once again they can't use the intelligence gathered for anything useful so they will not bother.
hero member
Activity: 503
Merit: 500
January 04, 2015, 02:28:23 AM


No it does not make sense at all. I send you 27 coins and soon thereafter you "mint" 27 new coins. It becomes pretty clear where my 27 coins went.

This won't always happen of course. What I said above is that if it happens a lot, then anonymity is compromised. If it happens rarely or not at all, then it isn't an issue.

What if you send me 27 coins, then I send myself 3 more Shadow, then I convert 21 coins back to SDC tomorrow and 9 more next Tuesday?

I think that what's more important is that the user is in control of how often that happens. Some will screw it up for sure. Future versions of the wallet can help with that.
Jump to: