3 ms·
It's easily to be arbitrarily anonymous with something like bitcoin. The only way the government could maintain attributability for bitcoin accounts would be to
by drcode 12y ago
It's easily to be arbitrarily anonymous with something like bitcoin. The only way the government could maintain attributability for bitcoin accounts would be to put in place extremely aggressive enforcement policies that (hopefully) would not be viable.
- walterbell 12y agoAny references on how to accomplish this? The link above says ".. for perfect anonymity, both sender and receiver have to split every complex transaction among separate pairs of throw-away identities. But at this point, transactions stop being technically atomic, in addition to the fact that the system becomes quite complicated and heavyweight." https://bitcoin.org/en/you-need-to-know https://bitcoin.org/en/you-need-to-know says "Bitcoin is not anonymous .. Some effort is required to protect your privacy with Bitcoin. All Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address. However, the identity of the user behind an address remains unknown until information is revealed during a purchase or in other circumstances. This is one reason why Bitcoin addresses should only be used once."
- drcode 12y agoCoinJoin is a technology that can be viewed as atomic in regular usage (it's a generalized way of mixing coins.) As for complicated/heavyweight, most computer technology we use today was viewed as too complicated/heavyweight a couple decades ago.
- walterbell 12y agoThanks for the pointer. Found a design thread that's been going for a year, https://bitcointalk.org/index.php?topic=279249.0 https://bitcointalk.org/index.php?topic=279249.0, but no implementations. This approach seems to have the same challenge as Tor or email encryption, i.e. convincing everyone to use it.
- drcode 12y agoSure there are implementations- See darkwallet.