Bridges, Gateways, and... Mixers

Started by CoinHoarder, November 16, 2015, 06:59:44 PM

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kuro112

CTO @ Freebie, LLC

Brekyrself

Quote from: CoinHoarder on November 16, 2015, 07:46:04 PM
Quote from: fav on November 16, 2015, 07:27:54 PM
we don't need mixers as we got something far more superior: stealth transactions

First of all, people smarter than me have indicated BTS transactions are subject to heuristics and other analyses techniques even when using stealth addresses and confidential transactions. This is what the Cryptonote camp alleges. They argue ring signatures and stealth addresses, plus confidential transactions provides more privacy.

Second of all, I meant add mixing services for major coins like Bitcoin and Litecoin similar to the way bridges/gateways work.. integrated into the wallet. Everyone benefits from the fees associated with such as they are destroyed.

Edit: Spellchecker on my phone is a PITA sometimes, plus I elaborated a bit.

1.0 Titan is very different compared with 2.0 true stealth transactions.  Only available through the CLI for now: https://github.com/cryptonomex/graphene/wiki/StealthTransfers

CoinHoarder

#3
Quote from: fav on November 16, 2015, 07:27:54 PM
we don't need mixers as we got something far more superior: stealth transactions

First of all, people smarter than me have indicated BTS transactions are subject to heuristics and other analyses techniques even when using stealth addresses and confidential transactions. This is what the Cryptonote camp alleges. They argue ring signatures and stealth addresses, plus confidential transactions provides more privacy.

Quote
CT plus stealth addresses is not "more anonymous" than Monero. Mostly the two aren't comparable (both do something the other doesn't), although Monero is arguably somewhat more anonymous, as I will explain.

Privacy/anonymity consists of:

A. unlinkability (can't tell two transactions are to the same recipient): stealth (or just not reusing addresses)
B. untraceability (can't trace paths between tranasctions): ring signatures (or coinjoin, coinswap, though with many complications and hazards, etc.)
C. content privacy (can't see amount being spent): CT (or limited ambiguity of which outputs are change)

Bitshares with CT gives you A and C, but nothing at all for B. Monero gives you A and B, and somewhat C (via ambiguity of change outputs). Monero with ringCT will give A,B, and C, for a comprehensive solution.


Second of all, I meant add mixing services for major coins like Bitcoin and Litecoin similar to the way bridges/gateways work.. integrated into the wallet. Everyone benefits from the fees associated with such as they are destroyed.

Edit: Spellchecker on my phone is a PITA sometimes, plus I elaborated a bit.
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fav

we don't need mixers as we got something far more superior: stealth transactions
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CoinHoarder

#1
Why not add coin mixing services inside the wallet along with the gateways and bridges? Everyone benefits from the added fees. The mixers could even be set up to provide added liquidity on the smartasset markets.

Edit: I shamelessly stole this idea from Nxt.. they are integrating coin mixing services in their wallet.
[url="https://www.decentralized.tech/"]https://www.decentralized.tech/[/url] -> Market Data, Portfolios, Information, Links, Reviews, Forums, Blogs, Etc.
[url="https://www.cryptohun.ch/"]https://www.cryptohun.ch/[/url] -> Tradable Blockchain Asset PvP Card Game