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Which is probably why they have no idea that the user experience is irreparably broken to ensure privacy. The same criticisms exist as since Zerocash was just
by ringaroundthetx 9y ago
Which is probably why they have no idea that the user experience is irreparably broken to ensure privacy.
The same criticisms exist as since Zerocash was just a white paper.
I will say that there is the possibility that they can make the optional opaque transactions the more ready option, but you can look at the blockchain and see that nobody uses those addresses. Zerocash is just a bitcoin clone if you don't use the opaque addresses.
- Ar-Curunir 9y agoThere is ongoing work to speed up private transactions that should make it possible to make privacy the default. At that point Zerocash will essentially be a completely private version of Bitcoin. And Zerocash wasn't just a white paper, it was peer reviewed and analyzed by security and cryptography experts.
- ringaroundthetx 9y agoWhat are the current limitations of private transactions, are they slower than the normal ones? Not sure what you are trying to say about the papers. I saw they were academic and theoretical.
- Ar-Curunir 9y agoThe current limitations of private transactions are essentially that they are slow and that they don't support things like multisig or timelocks. All of these limitations are being worked on. The academic paper you refer to had both a theoretical construction and an implemented system.