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Quote from: unlimited_power on January 21, 2014, 04:53:28 amQuote from: bytemaster on January 20, 2014, 09:54:56 pmCoinjoin is an interesting concept, we are taking a slightly different approach: Coin-Never-Join. If 95% of all transfers have a single input and single output and no address is ever reused then you get the same effect. After many such transactions performing a single join of two of your addresses to combine 'dust' doesn't actually convey much meaning that can be tracked.Can you explain a bit more? What is different about BitShares X that allows people to use only single inputs/outputs and unique addresses 95% of the time whereas this isn't particularly common in Bitcoin?It isn't BitShares X, it is the Keyhotee Wallet which has not been implemented yet but will allow this level of security with Bitcoin as well. The key is Hierarchal wallets and multi-part 'transactions'. Imagine giving someone a single "extended public key" that allowed them to generate as many addresses for you as they require. Now when they want to send you 100 BTC, they can do so via 20 individual transactions (automatically) that your client can then recognize as being part of one 'logical' transaction.
Quote from: bytemaster on January 20, 2014, 09:54:56 pmCoinjoin is an interesting concept, we are taking a slightly different approach: Coin-Never-Join. If 95% of all transfers have a single input and single output and no address is ever reused then you get the same effect. After many such transactions performing a single join of two of your addresses to combine 'dust' doesn't actually convey much meaning that can be tracked.Can you explain a bit more? What is different about BitShares X that allows people to use only single inputs/outputs and unique addresses 95% of the time whereas this isn't particularly common in Bitcoin?
Coinjoin is an interesting concept, we are taking a slightly different approach: Coin-Never-Join. If 95% of all transfers have a single input and single output and no address is ever reused then you get the same effect. After many such transactions performing a single join of two of your addresses to combine 'dust' doesn't actually convey much meaning that can be tracked.