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I’m super not interested in “doing crime” on a permanent public ledger - no matter how good the math is today. It’s a gamble. A gamble that the zero knowledge

I’m super not interested in “doing crime” on a permanent public ledger - no matter how good the math is today. It’s a gamble. A gamble that the zero knowledge proof, implementation, etc. will outlive the statute of limitations for whatever crime I commit. If it’s broken before that, my only hope is that I’m a small fish in a big pond of crime. I understand that past a certain threshold of crime, the risks of moving large volumes of other assets exceed the risk of a blockchain. But I’m not here to make large scale organized crime more resilient. I’ll pay cash thank you. (As a side note, I’m surprised at how many folks use Venmo for this stuff. The social feed is hilarious. Like it’s cool I can see that some dude I haven’t talked to since grade school sent some other dude $45 for weed. Not sure I needed that feature though.)

TacticalCoder 3y ago
> A gamble that the zero knowledge proof, implementation, etc. will outlive the statute of limitations for whatever crime I commit. And that is only for the blockchains which do actually use ZK-proofs. Like, say, David Chaum's upcoming "XX network" chain (FWIW David Chaum is the author of Digicash, predating Bitcoin, and one of the seven papers cited in Bitcoin's whitepaper). Most blockchains by very far are using a public ledger and zero ZK crypto.
- vitehozonage 3y ago
  Monero uses them too of course, the one people actually use, so it's the better example rather than something obscure you're obviously trying to promote
- tromp 3y ago
  Every elliptic curve signature, used in nearly all cryptocurrencies to transfer funds, is a ZK proof of knowledge of a private key, so most blockchains do use some ZK cryptography.
hnbear 3y ago
http://www.vicemo.com/ http://www.vicemo.com/ Sadly looks like it stopped updating.
mattpallissard 3y ago
> I’ll pay cash thank you. And if that's outlawed I'd pay in cigarettes, ammunition, or my kids marble sets before reaching for Blockchain based currencies when commiting crimes.

TacticalCoder 3y ago

> A gamble that the zero knowledge proof, implementation, etc. will outlive the statute of limitations for whatever crime I commit. And that is only for the blockchains which do actually use ZK-proofs. Like, say, David Chaum's upcoming "XX network" chain (FWIW David Chaum is the author of Digicash, predating Bitcoin, and one of the seven papers cited in Bitcoin's whitepaper). Most blockchains by very far are using a public ledger and zero ZK crypto.

vitehozonage 3y ago
Monero uses them too of course, the one people actually use, so it's the better example rather than something obscure you're obviously trying to promote
tromp 3y ago
Every elliptic curve signature, used in nearly all cryptocurrencies to transfer funds, is a ZK proof of knowledge of a private key, so most blockchains do use some ZK cryptography.

hnbear 3y ago

http://www.vicemo.com/ http://www.vicemo.com/ Sadly looks like it stopped updating.

mattpallissard 3y ago

> I’ll pay cash thank you. And if that's outlawed I'd pay in cigarettes, ammunition, or my kids marble sets before reaching for Blockchain based currencies when commiting crimes.