5 ms·

Why dogecoin? Why not megacoin, that's also pretty absurd.

by belluchan 13y ago

steveklabnik 13y ago
> Megacoin , Your Global Currency. Your Modern Wallet. Global, Anonymous, Secure. Sounds pretty serious business to me.
- shurcooL 13y ago
  Are there any crypto-currencies that are not anonymous? I like secure, modern, low cost transactions, but I don't like the anonymity. I want a currency where everyone knows how much I spent, what I bought, and it applies to everyone. Does that exist?
  - steveklabnik 13y ago
    Every transaction to every address is public with blockchain technology. The tricky bit is associating an address with a particular human... This would affect any attempt at making something like this. I'm not sure that you can enforce the human/address connection in software.
    - shurcooL 13y ago
      > I'm not sure that you can enforce the human/address connection in software. It's a hard challenge, but not impossible. Online banking (mostly) works because it's possible.
      - steveklabnik 13y ago
        That's not enforced by the software. And a person can have more than one bank account.
  - GeneralMayhem 13y ago
    Just Tweet your Bitcoin address. All Bitcoin transactions are inherently public in that everyone knows which addresses have sent how much to which other addresses; the only anonymity is that nobody knows who (as in which real-world person) owns/controls the address.
    - eurleif 13y ago
      Or if you really want to prove it, use your Bitcoin address to sign a message containing your Twitter ID.
    - jacalata 13y ago
      That doesn't address the stated " it applies to everyone" requirement.
  - vacri 13y ago
    I think that such a currency would have a particularly low buy-in from people, making it quite difficult to get off the ground. Simple privacy like "I don't want my friend who I'm dieting with to know I sneaked off to get a burger" is just the start of the issues...
    - shurcooL 13y ago
      I believe you that many people wouldn't want this; but I'm curious about something like that. It'd be fun to try. I don't need to keep it a secret that I'm eating a burger, for example. It's pretty fun and liberating to have as few secrets as possible. Less things to worry about keeping secret, less work (and I'm lazy).
  - atduskgreg 13y ago
    Bitcoin is not especially anonymous. Researchers have demonstrated techniques for de-anonymizing users through transactions: http://eprint.iacr.org/2012/596.pdf http://eprint.iacr.org/2012/596.pdf
  - Arc1337 13y ago
    really i might not know your name but if i tried hard enough i could trace the blockchain to where you bought it and look at the transaction, price of items, value at that time, and figure it out... but id never know it was you ;)

Why dogecoin? Why not megacoin, that's also pretty absurd.

steveklabnik 13y ago

> Megacoin , Your Global Currency. Your Modern Wallet. Global, Anonymous, Secure. Sounds pretty serious business to me.

shurcooL 13y ago
Are there any crypto-currencies that are not anonymous? I like secure, modern, low cost transactions, but I don't like the anonymity. I want a currency where everyone knows how much I spent, what I bought, and it applies to everyone. Does that exist?
- steveklabnik 13y ago
  Every transaction to every address is public with blockchain technology. The tricky bit is associating an address with a particular human... This would affect any attempt at making something like this. I'm not sure that you can enforce the human/address connection in software.
  - shurcooL 13y ago
    > I'm not sure that you can enforce the human/address connection in software. It's a hard challenge, but not impossible. Online banking (mostly) works because it's possible.
    - steveklabnik 13y ago
      That's not enforced by the software. And a person can have more than one bank account.
- GeneralMayhem 13y ago
  Just Tweet your Bitcoin address. All Bitcoin transactions are inherently public in that everyone knows which addresses have sent how much to which other addresses; the only anonymity is that nobody knows who (as in which real-world person) owns/controls the address.
  - eurleif 13y ago
    Or if you really want to prove it, use your Bitcoin address to sign a message containing your Twitter ID.
  - jacalata 13y ago
    That doesn't address the stated " it applies to everyone" requirement.
- vacri 13y ago
  I think that such a currency would have a particularly low buy-in from people, making it quite difficult to get off the ground. Simple privacy like "I don't want my friend who I'm dieting with to know I sneaked off to get a burger" is just the start of the issues...
  - shurcooL 13y ago
    I believe you that many people wouldn't want this; but I'm curious about something like that. It'd be fun to try. I don't need to keep it a secret that I'm eating a burger, for example. It's pretty fun and liberating to have as few secrets as possible. Less things to worry about keeping secret, less work (and I'm lazy).
- atduskgreg 13y ago
  Bitcoin is not especially anonymous. Researchers have demonstrated techniques for de-anonymizing users through transactions: http://eprint.iacr.org/2012/596.pdf http://eprint.iacr.org/2012/596.pdf
- Arc1337 13y ago
  really i might not know your name but if i tried hard enough i could trace the blockchain to where you bought it and look at the transaction, price of items, value at that time, and figure it out... but id never know it was you ;)