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Craigslist now allows people to mark their posts as crypto-friendly. Anyone who accepts Bitcoin runs into the problem where others can know their balance by lo

Craigslist now allows people to mark their posts as crypto-friendly. Anyone who accepts Bitcoin runs into the problem where others can know their balance by looking up the address (and thus could be at risk for theft/mugging). If people want to keep their balances private and not share their transaction history (or later transactions), they should use a coin that's private by default such as Monero. Additionally, Monero has a dynamic blocksize, so as usage increases it won't experience the transaction backlog that Bitcoin faces.

njarboe 9y ago
You should create a different address for each post on Craigslist. It is pretty easy and prevents this problem. If you have a website and have an address displayed for donations, then you will get multiple donations to the same address. With any one-off just make a new address in your wallet. (I use bitcoin core wallet. Not sure how others work.)
- tehlike 9y ago
  Monero now supports multi address.
  - jameskegel 9y ago
    No, you are wrong, Monero has merged in MultiSig which is something unlike what it sounds, it basically means you can now make a wallet where several people hold a piece of a key and a majority agreement is required to spend.
    - tehlike 9y ago
      https://github.com/monero-project/monero/pull/2056 https://github.com/monero-project/monero/pull/2056 Are you sure?
      - jameskegel 9y ago
        Subaddresses have not been integrated into a tagged release yet. We can discuss hypotheticals though, if you prefer.
        tehlike 9y ago
        Isnt it the same for multisig? You didnt say it is not yet in a tagged release, just mentioned no it isnt subadress but multisig, ehich tells me you had no idea Either way, it doesnt matter.
- Casseres 9y ago
  And then later on transfer it to your main wallet and pay another fee, and trust that whomever your first address still isn't paying attention to it, or hope they didn't get their coins from a tainted source?
  - jameskegel 9y ago
    It’s all the same wallet just a different address, no transfer needed.
    - njarboe 9y ago
      That is how it works for me.
thisisit 9y ago
> Additionally, Monero has a dynamic blocksize, so as usage increases it won't experience the transaction backlog that Bitcoin faces. I am kind of confused with the block size thing. Sure, increasing the size means more transactions can be added into the problem. Bu, as far as I know bigger block size has it's own share of problems - block propagation is slower which can cause double spending and frequent orphans means the blockchain has to keep re-organising frequently too.

njarboe 9y ago

You should create a different address for each post on Craigslist. It is pretty easy and prevents this problem. If you have a website and have an address displayed for donations, then you will get multiple donations to the same address. With any one-off just make a new address in your wallet. (I use bitcoin core wallet. Not sure how others work.)

tehlike 9y ago
Monero now supports multi address.
- jameskegel 9y ago
  No, you are wrong, Monero has merged in MultiSig which is something unlike what it sounds, it basically means you can now make a wallet where several people hold a piece of a key and a majority agreement is required to spend.
  - tehlike 9y ago
    https://github.com/monero-project/monero/pull/2056 https://github.com/monero-project/monero/pull/2056 Are you sure?
    - jameskegel 9y ago
      Subaddresses have not been integrated into a tagged release yet. We can discuss hypotheticals though, if you prefer.
      - tehlike 9y ago
        Isnt it the same for multisig? You didnt say it is not yet in a tagged release, just mentioned no it isnt subadress but multisig, ehich tells me you had no idea Either way, it doesnt matter.
Casseres 9y ago
And then later on transfer it to your main wallet and pay another fee, and trust that whomever your first address still isn't paying attention to it, or hope they didn't get their coins from a tainted source?
- jameskegel 9y ago
  It’s all the same wallet just a different address, no transfer needed.
  - njarboe 9y ago
    That is how it works for me.

thisisit 9y ago

> Additionally, Monero has a dynamic blocksize, so as usage increases it won't experience the transaction backlog that Bitcoin faces. I am kind of confused with the block size thing. Sure, increasing the size means more transactions can be added into the problem. Bu, as far as I know bigger block size has it's own share of problems - block propagation is slower which can cause double spending and frequent orphans means the blockchain has to keep re-organising frequently too.