Decided to scrap this one. It's too long and too dry, even my wife couldn't get through it. I tried editing it down, but it's irredeemable.
I do not think a Missive is required every single week. I appreciate the effort, and I look forward to future Monero Missives, but
missing a missive isn't really a missed missive, in my mind.
Yes, essentially, to "hide who the real shooter is" - so that way the payment is untraceable. Three people signed it, but there's no way to know whose money it actually is. THere's some analogy / example out their with leaking secrets. The real world scenario is transactional privacy!
I imagine it as thus: you have a lockbox with your money in it. Your key can open it, but anyone watching would know "hey, ginger's taking money out of his lockbox". So, in order to prevent someone from seeing who's money it is, you set up the lockbox so that there are a lot of keyholes - say, 12. Now 12 keys have to be used to open the lockbox - but still only your key opens it. So anyone watching could only know that its one of the 12 keys that opens the lockbox.
"Well" you say "what if the observer sees me going back to the same lockbox?" But that is why stealth addresses are used, so each time you go to your lockbox, its like the lockbox is being painted a different color. So all it looks like to an observer is "well a bunch of keys are opening a lockbox".
And to further the privacy, each lockbox is for a different amount. So if you're sending 12.43 xmr, you could have a lockbox for the 10, the 2, the 0.4 and the 0.03.
I could be way off, but that works for me.
(edited to replace people with keys, because its not active - its passive)
Awesome explanation, GingerAle.
I think this should be "stickied" at the Monero Forum.
EDIT: and thanks dewdeded, xmr.biz is a nice addition. Sent you a PM
