Solving the user surveillance problem, Any existing BIPs or projects?

garyiskidding

newbie

Activity: 7

Merit: 0

thanks for your help.

At this point, any complementing idea that preserves user identity and data security is a great factor for my project. Would look at all of these options and check on how many of these would work into a DEX design.

Cheers
-Gaurav

Quote from: HeRetiK on June 25, 2018, 03:54:45 AM

Quote from: ?? on ??

There are another project/BIP such as

MAST : https://bitcointechtalk.com/what-is-a-bitcoin-merklized-abstract-syntax-tree-mast-33fdf2da5e2f?source=collection_home---4------6----------------
Confidential Transaction : https://eprint.iacr.org/2015/1098.pdf
Mimblewimble : https://bitcoinmagazine.com/articles/mimblewimble-how-a-stripped-down-version-of-bitcoin-could-improve-privacy-fungibility-and-scalability-all-at-once-1471038001/

MAST might be ready few years, while 2 others might never implemented on Bitcoin. LN also can improve user's privacy even though i forget the details.
But if you really need privacy/anonymity, i suggest you to use private/fungible cryptocurrency such as Monero.

Yes, from the looks of it MimbleWimble is more likely to become a cryptocurrency in its own right, rather than becoming an integral part of Bitcoin as initially hoped for:
https://www.coindesk.com/magical-realism-mimblewimble-just-launched-first-testnet/

Regardless of that MimbleWimble has a very interesting approach at preserving privacy, so it's definitely a project worth keeping an eye on.

Come to think of it, there's also Bulletproofs:
https://www.coindesk.com/aim-fire-bulletproofs-breakthrough-privacy-blockchains/
https://eprint.iacr.org/2017/1066.pdf

As far as I know it's not quite clear yet whether these kind of transactions will actually become part of Bitcoin though.

HeRetiK

legendary

Activity: 3122

Merit: 2178

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Quote from: ?? on ??

There are another project/BIP such as

MAST : https://bitcointechtalk.com/what-is-a-bitcoin-merklized-abstract-syntax-tree-mast-33fdf2da5e2f?source=collection_home---4------6----------------
Confidential Transaction : https://eprint.iacr.org/2015/1098.pdf
Mimblewimble : https://bitcoinmagazine.com/articles/mimblewimble-how-a-stripped-down-version-of-bitcoin-could-improve-privacy-fungibility-and-scalability-all-at-once-1471038001/

MAST might be ready few years, while 2 others might never implemented on Bitcoin. LN also can improve user's privacy even though i forget the details.
But if you really need privacy/anonymity, i suggest you to use private/fungible cryptocurrency such as Monero.

Yes, from the looks of it MimbleWimble is more likely to become a cryptocurrency in its own right, rather than becoming an integral part of Bitcoin as initially hoped for:
https://www.coindesk.com/magical-realism-mimblewimble-just-launched-first-testnet/

Regardless of that MimbleWimble has a very interesting approach at preserving privacy, so it's definitely a project worth keeping an eye on.

Come to think of it, there's also Bulletproofs:
https://www.coindesk.com/aim-fire-bulletproofs-breakthrough-privacy-blockchains/
https://eprint.iacr.org/2017/1066.pdf

As far as I know it's not quite clear yet whether these kind of transactions will actually become part of Bitcoin though.

garyiskidding

newbie

Activity: 7

Merit: 0

Thanks, Will take a look at these as well.

The DEX that i plan to build has to be easy to use, without compromising on data security, user privacy and/or tracking.

-Gaurav

Quote from: ?? on ??

There are another project/BIP such as

MAST : https://bitcointechtalk.com/what-is-a-bitcoin-merklized-abstract-syntax-tree-mast-33fdf2da5e2f?source=collection_home---4------6----------------
Confidential Transaction : https://eprint.iacr.org/2015/1098.pdf
Mimblewimble : https://bitcoinmagazine.com/articles/mimblewimble-how-a-stripped-down-version-of-bitcoin-could-improve-privacy-fungibility-and-scalability-all-at-once-1471038001/

MAST might be ready few years, while 2 others might never implemented on Bitcoin.

Quote from: Kakmakr on June 25, 2018, 02:15:03 AM

Why do you need to use first layer solutions if you could just use decentralized exchanges? These exchanges does not require all the KYC/AML bullshit that the regulated exchanges enforce and you can trade without any problems.

Here is a list of some of the best decentralized exchanges that you can use : < I use Bisq with no problems, it requires no name, email ID or verification.>

https://coinsutra.com/best-decentralized-exchanges-dex/

Even if you don't use centralized exchange/services, there are ways to track bitcoin users if the user isn't being careful.

garyiskidding

newbie

Activity: 7

Merit: 0

Thanks.

I am trying to do some ground work into trying to create a new DEX . I have been using, following Bisq for a while now and feel that we need a solution that brings DEX to common users, and is easier to use. I do like the core architecture and the principles on which Bisq operates tough.

-Gaurav

Quote from: Kakmakr on June 25, 2018, 02:15:03 AM

Why do you need to use first layer solutions if you could just use decentralized exchanges? These exchanges does not require all the KYC/AML bullshit that the regulated exchanges enforce and you can trade without any problems.

Here is a list of some of the best decentralized exchanges that you can use : < I use Bisq with no problems, it requires no name, email ID or verification.>

https://coinsutra.com/best-decentralized-exchanges-dex/

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

Why do you need to use first layer solutions if you could just use decentralized exchanges? These exchanges does not require all the KYC/AML bullshit that the regulated exchanges enforce and you can trade without any problems.

Here is a list of some of the best decentralized exchanges that you can use : < I use Bisq with no problems, it requires no name, email ID or verification.>

https://coinsutra.com/best-decentralized-exchanges-dex/

garyiskidding

newbie

Activity: 7

Merit: 0

Thanks a lot for your quick reply. Let me take a look at these.

Quote from: HeRetiK on June 24, 2018, 05:13:08 AM

CoinJoin in conjunction with Schnorr signatures. At least as far as I'm aware of it, CoinJoin doesn't require any additional protocol layers on top of Bitcoin. Be aware that Schnorr signatures still seem to be a couple of years out though.

Schnorr signatures:
https://bitcointechtalk.com/scaling-bitcoin-schnorr-signatures-abe3b5c275d1

CoinJoin:
https://bitcointalksearch.org/topic/coinjoin-bitcoin-privacy-for-the-real-world-279249

HeRetiK

legendary

Activity: 3122

Merit: 2178

Playgram - The Telegram Casino

CoinJoin in conjunction with Schnorr signatures. At least as far as I'm aware of it, CoinJoin doesn't require any additional protocol layers on top of Bitcoin. Be aware that Schnorr signatures still seem to be a couple of years out though.

Schnorr signatures:
https://bitcointechtalk.com/scaling-bitcoin-schnorr-signatures-abe3b5c275d1

CoinJoin:
https://bitcointalksearch.org/topic/coinjoin-bitcoin-privacy-for-the-real-world-279249

garyiskidding

newbie

Activity: 7

Merit: 0

Greetings,

Given that most new users use Bitcoin/altcoin centralized exchanges, and as a result, have to give into the regulatory requirements that are imposed by the local governments on those exchanges by the means of KYC etc - Are there are first layer solutions that are in the works or any existing/proposed Bitcoin Improvement Proposals that solve for this user surveillance problem at the first layer itself?

I am a crypto entrepreneur who has some ideas on solving these on the first "application" layer (like wallets/exchanges etc), but want to understand if there are any existing projects or Bitcoin improvement proposals that aim to solve it "natively" within Bitcoin's first layer itself.

Cheers.
Gaurav

Topic: Solving the user surveillance problem, Any existing BIPs or projects? (Read 196 times)