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Do ethereum smart contracts prevent this?
by 43224gg252 9y ago
Do ethereum smart contracts prevent this?
- sigstoat 9y agohuh, that's a good question. my initial reaction is that if the point of a launderer is to move the money from public party A to secret party B, you can't really mention A and B together in a public contract without defeating the purpose. and if you don't mention them, how do you enforce anything? (the above doesn't mean i'm convinced it is impossible, just that it would be a neat trick and i'd very much like to know if anyone has given it more/sufficient thought.)
- benchaney 9y agoYou cannot write a tumbler as a smart construct, so no.
- sillysaurus3 9y agoI don't see why not. The bitcoins would just need to be converted to ETH first, which I think can be done anonymously.
- benchaney 9y agoThe execution of all smart contracts is deterministic and publicly verifiable. It would be trivial to find out how much money was sent to each participant and why.