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General Discussion / Re: STEALTH Status Update
« on: April 14, 2016, 03:53:05 am »So does stealth actually work? Can anyone give an example on how to do a stealth transaction?My guess is not really unless your are some kind of super user, but instead we are getting the half as good version that conveniently was being developed as one of the specs for Steem.
Half as effective?
Or half as user friendly?
I'm not sure if any actual data has been released on the scope of the implementation of blinded transfers.
While "stealth, ""confidential," "secret" transactions bring hype among communities, the blockchain itself is a transparent ledger. No matter the implementation it appears there will always be a way to track funds eventually to user with a high degree of probability.
Am I missing something with the following questions/thoughts?
BM mentioned our account balance can be hidden, how so? If Account A has 100 bts and blind transfers to account B 100bts with the blind feature, we can still see Account A HAD 100bts and now has 0? We can easily assume Account B now has 100bts. Is the only way to gain true stealth still through a mixing service? This appears to be similar to 0.93?
Once a balance is hidden, how will it effect voting?
Can additional features be added to hide things like who we are voting for? Our white/black lists? Assets? Permissions?
Another example is when we browse a user's ID, why does the membership option even appear? Perhaps removing things like this could minimize data usage and lower latency?