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Altcoins with faster transaction times and built-in inflation formulas could change the game. I'm bullish on crypto-currency in general, but I don't think it's

by lukifer 13y ago

Altcoins with faster transaction times and built-in inflation formulas could change the game. I'm bullish on crypto-currency in general, but I don't think it's a given that BitCoin is guaranteed to be the winner, long-long-term. > BTC with very little history may become very very valuable. Unpack this? I had thought that if you sent coins to a fresh wallet ID, it becomes effectively anonymous. (I've heard of some who generate a new public key for every transaction.)

Anderkent 13y ago
> Unpack this? I had thought that if you sent coins to a fresh wallet ID, it becomes effectively anonymous. Not really, you can see where the money came from, and assume the same owner (or a relationship between the owners). To anonymize bitcoins you have to 'mix' them - take X bitcoins from N people, send them to a single address, then send X to new addresses for each of the N people. Because any persons bitcoins might end up going to someone else, you cannot assume it's the same person or a transaction any more.