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>Any (d)app you use will instantly know your entire transaction history >Imagine you sign up with your email on a random website and they suddenly now have acc
by kyle-rb 4y ago
>Any (d)app you use will instantly know your entire transaction history
>Imagine you sign up with your email on a random website and they suddenly now have access to your entire bank statement. Higher medical insurance premiums because they know that you transacted often in an online pharmacy. Expensive delivery charges because they know you can afford it.
Isn't this a major issue with Ethereum-SSO whether or not Tornado Cash is sanctioned? If you need to use a mixer to avoid any site you sign into gauging your net worth, isn't it kind of broken by default?
- TimJRobinson 4y agoMost people have many accounts for this reason.
- em_te 4y agoYes and this is a case where the best technology doesn't win, but the first technology to come to market or the first technology with the first killer app. But this bug can be viewed as a feature. Give a person a hammer and everything becomes a nail.
- cowtools 4y agoThere are other cryptocurrencies that use ring signatures or zero-knowlege-proofs to obscure sender history without the need for centralized mixing services.