Topic: What will happen with bitcoin mixers, etc. if bitcoin becomes truly anonymous? - page 2. (Read 1338 times)
November 26, 2015, 12:14:08 AM
I think they would lower their fee's and become more competitive or add some kind of value added features that would not be included into zerocash. I doubt that Bitcoin would go that route, because they are already coming under fire for it's pseudo anonymity.
November 25, 2015, 11:54:39 PM
The miners will know the IP used to propagate the transaction.
And exchanges and other online services will associate your coins with your identity.
Bitcoin will never be anonymous, so Bitmixers always will be needed
If you perform a sybil attack and the user uses a SPV client, there's a good chance that you can determine which it originated from. It isn't fully accurate however, anyone can broadcast the transaction from anywhere. The transaction does not state which IP it proporgated from. And exchanges and other online services will associate your coins with your identity.
Bitcoin will never be anonymous, so Bitmixers always will be needed
Mixers can also keep logs of the IP info and coin origin, you would not be anonymous in anyway.
November 25, 2015, 11:37:21 PM
For those that think it's anonymous enough, can you explain how an employer would pay salaries or dividends etc.. in bitcoin without giving away too much information about other salaries or overall expenses. Interested in this process.
November 25, 2015, 11:33:24 PM
Bitcoin mixers are basically money laundry, so I consider them as illegal. Not sure if they keep the record of their in/out. If they don't, you are trusting them with your bitcoin and they may not return to you after mixing...
November 25, 2015, 11:25:25 PM
The miners will know the IP used to propagate the transaction.
And exchanges and other online services will associate your coins with your identity.
Bitcoin will never be anonymous, so Bitmixers always will be needed
And exchanges and other online services will associate your coins with your identity.
Bitcoin will never be anonymous, so Bitmixers always will be needed
November 25, 2015, 11:07:36 PM
It can not be truly anonymous even if dark market succeeds.
Their will always be a need for bit mixers in my opinion. They don't have nothing to fear.
Their will always be a need for bit mixers in my opinion. They don't have nothing to fear.
Why it cant be trully anonymous? There a lot of talk about confidential transactions or zero cash for bitcoin.
Backdoor where? In bitcoin? It would be difficult as it is open sourced. But mixing services are a different story. No ones really knows what they do with btc you sent to them. You can just "trust" that they do what they say, and dont log everything or are not working (or run by) with feds to track the coins. So if bitcoin becomes truly anonymous, then there is also no need to trust and worry about any third party service.
November 25, 2015, 08:27:00 PM
There is no need for bitcoin to be truly and completely anonymous. Bitcoin has enough anonymity to cover most users. People who need the extra anonymity will have to pay extra for mixing services, or buy another alt. I think mixing services will become cheaper in the future because there will be competing services which offer a lower level of anonymity free, like shared wallets and off chain settlement systems.
November 25, 2015, 08:12:20 PM
It can not be truly anonymous even if dark market succeeds.
Their will always be a need for bit mixers in my opinion. They don't have nothing to fear.
Their will always be a need for bit mixers in my opinion. They don't have nothing to fear.
Why it cant be trully anonymous? There a lot of talk about confidential transactions or zero cash for bitcoin.
), is totally secure from someone with an intent to find out what they want to know. November 25, 2015, 08:07:00 PM
It can not be truly anonymous even if dark market succeeds.
Their will always be a need for bit mixers in my opinion. They don't have nothing to fear.
Their will always be a need for bit mixers in my opinion. They don't have nothing to fear.
Why it cant be trully anonymous? There a lot of talk about confidential transactions or zero cash for bitcoin.
November 25, 2015, 08:04:01 PM
bitcoin doesnt need to change
let the darkmarket users buy up the dark wallet crap that amir taaki created. and then the legitimate users can just use bitcoin as it is. if you want to stay pseudonymous, simple stop telling the world your bitcoin address and move funds to a new address.
let the darkmarket users buy up the dark wallet crap that amir taaki created. and then the legitimate users can just use bitcoin as it is. if you want to stay pseudonymous, simple stop telling the world your bitcoin address and move funds to a new address.
November 25, 2015, 07:44:27 PM
It can not be truly anonymous even if dark market succeeds.
Their will always be a need for bit mixers in my opinion. They don't have nothing to fear.
Their will always be a need for bit mixers in my opinion. They don't have nothing to fear.
Why it cant be trully anonymous? There a lot of talk about confidential transactions or zero cash for bitcoin.
November 25, 2015, 07:39:49 PM
It can not be truly anonymous even if dark market succeeds.
Their will always be a need for bit mixers in my opinion. They don't have nothing to fear.
Their will always be a need for bit mixers in my opinion. They don't have nothing to fear.
Why it cant be trully anonymous? There a lot of talk about confidential transactions or zero cash for bitcoin.
November 25, 2015, 07:36:55 PM
It can not be truly anonymous even if dark market succeeds.
Their will always be a need for bit mixers in my opinion. They don't have nothing to fear.
Their will always be a need for bit mixers in my opinion. They don't have nothing to fear.
November 25, 2015, 07:36:45 PM
What will happen when bitcoin introduces zerocash or CT, and become truly anonymous? Will they become obsolete?
If bitcoin becomes anonymous, why would anyone other than the owners of mixing services care what happens to them? I certainly wouldn't.
They all are charging "small" fees for their services. So I'm pretty sure they wouldn't be too happy to see their income disappear out of a sudden.
November 25, 2015, 07:32:35 PM
What will happen when bitcoin introduces zerocash or CT, and become truly anonymous? Will they become obsolete?
If bitcoin becomes anonymous, why would anyone other than the owners of mixing services care what happens to them? I certainly wouldn't.
November 25, 2015, 07:30:23 PM
I was reading this new article:
Dark markets: Seeking anonymity in Bitcoin
http://www.computerworld.co.nz/article/589727/dark-markets-seeking-anonymity-bitcoin/
Few quotes:
Off course one can use mixers or jointmarket to increase ones anonymity. They all charge a "small" fee for their service. What will happen when bitcoin introduces zerocash or CT, and become truly anonymous? Will they become obsolete?
Dark markets: Seeking anonymity in Bitcoin
http://www.computerworld.co.nz/article/589727/dark-markets-seeking-anonymity-bitcoin/
Few quotes:
Quote
“True anonymity in Bitcoin is only a myth, currently,” says Vijay Michalik, Research Analyst for Digital Transformation, Frost & Sullivan.
Michalik believes that blockchain analysis, as a relatively new market sector within Bitcoin, demonstrates the weakness of pseudonymity.
For Michalik however, true financial privacy doesn't exist on the Bitcoin blockchain.
“Without a redesign, this should be a serious concern,” Michalik adds.
“In this case, Bitcoin is a worse option than traditional finance channels.”
Michalik believes that blockchain analysis, as a relatively new market sector within Bitcoin, demonstrates the weakness of pseudonymity.
For Michalik however, true financial privacy doesn't exist on the Bitcoin blockchain.
“Without a redesign, this should be a serious concern,” Michalik adds.
“In this case, Bitcoin is a worse option than traditional finance channels.”
Off course one can use mixers or jointmarket to increase ones anonymity. They all charge a "small" fee for their service. What will happen when bitcoin introduces zerocash or CT, and become truly anonymous? Will they become obsolete?
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