How to take the most out of STEALTH

[Akado]

@bytemaster

What about Dark Pools? Similar to Kraken? Stealth is all about privacy. Couldn't we introduce a dark pool system where a user could place an offer without it showing on the orderbooks? Couldn't that solve the problem of stealth accounts placing orders?

You still might not be able to use a stealth account and place orders, however, you can place orders without others knowing.

This complements this privacy component people seem to care about. I don't know about it's feasibility, maybe mask it as a standard transaction, maybe use another method, but this goes in well with stealth. That way people can still have privacy while placing orders and even facilitate users get better prices.

http://blog.kraken.com/post/121063219162/introducing-the-kraken-dark-pool

What problem of stealth accounts placing orders? How do you lose anonymity by placing orders on order books? If no one links the account to you then it's private.

I think I read that somewhere. Maybe because the amount transacted isn't supposed to be known and you need it to be known when you place an order. I might be mistaken here though

[Musewhale]

 

[luckybit]

@bytemaster

What about Dark Pools? Similar to Kraken? Stealth is all about privacy. Couldn't we introduce a dark pool system where a user could place an offer without it showing on the orderbooks? Couldn't that solve the problem of stealth accounts placing orders?

You still might not be able to use a stealth account and place orders, however, you can place orders without others knowing.

This complements this privacy component people seem to care about. I don't know about it's feasibility, maybe mask it as a standard transaction, maybe use another method, but this goes in well with stealth. That way people can still have privacy while placing orders and even facilitate users get better prices.

http://blog.kraken.com/post/121063219162/introducing-the-kraken-dark-pool

What problem of stealth accounts placing orders? How do you lose anonymity by placing orders on order books? If no one links the account to you then it's private.

[xeroc]

When will this STEALTH feature be implemented and will there be press releases and marketing so people know it exists?

20% of fees go into a "Maintenance" Account controlled by the 5 largest sharehoders of the STEALTH asset. They can vote to use some or all of these funds for marketing at any point in time. My suggestion is that they do so with at least some of the funds.

it cant pay the initial marketing though ..

Luckily, there are shareholders that benefit from the feature aswell that could run some Guerilla marketing

[onceuponatime]

When will this STEALTH feature be implemented and will there be press releases and marketing so people know it exists?

20% of fees go into a "Maintenance" Account controlled by the 5 largest sharehoders of the STEALTH asset. They can vote to use some or all of these funds for marketing at any point in time. My suggestion is that they do so with at least some of the funds.

[xeroc]

When will this STEALTH feature be implemented and will there be press releases and marketing so people know it exists?

Roadmap estimates completion by end of february IIRC .. dont know of any marketing strategies ..

[Marketorder]

When will this STEALTH feature be implemented and will there be press releases and marketing so people know it exists?

[xeroc]

much appreciate the clarification

[Akado]

Whats the use of dark pools if not taking unfair advantage in a market? Are hidden markets really part of price discovery? I for sure dont know

Well, first, it gives people more privacy which is something they care about.
Second, if you have someone manipulating a market, you can have these so it's more difficult for them.

Maybe it would make price discovery more difficult because we have low liquidity atm, but it could something to consider. I'm just throwing out ideas that could complement or be complemented by the stealth feature.

[xeroc]

Whats the use of dark pools if not taking unfair advantage in a market? Are hidden markets really part of price discovery? I for sure dont know

[Akado]

@bytemaster

What about Dark Pools? Similar to Kraken? Stealth is all about privacy. Couldn't we introduce a dark pool system where a user could place an offer without it showing on the orderbooks? Couldn't that solve the problem of stealth accounts placing orders?

You still might not be able to use a stealth account and place orders, however, you can place orders without others knowing.

This complements this privacy component people seem to care about. I don't know about it's feasibility, maybe mask it as a standard transaction, maybe use another method, but this goes in well with stealth. That way people can still have privacy while placing orders and even facilitate users get better prices.

http://blog.kraken.com/post/121063219162/introducing-the-kraken-dark-pool

[Akado]

The primary benefit of stealth is to enable the creation of new public accounts that are not tied to any other public account.

That may restrict it's usage on certain applications but at the same time there might be others that can be complemented with stealth.

I think that instead of all this late complaining with stuff, the most positive thing to make is to make the most of what we got. And we're getting stealth so we might be able to pull something off. Stealth itself is useful, but maybe there's something more we can do with it. Something that complements/ is complemented by this feature

[bytemaster]

The primary benefit of stealth is to enable the creation of new public accounts that are not tied to any other public account.

[Akado]

Since we're having STEALTH implemented, whether some agree or not, we should get the most out of it. What other features or stuff we could implement on blockchain that benefit the most from it?

The only one I can think of that makes more sense might be gambling.
Other one would be markets, but that's what bitAssets are for, we don't need to implement one here.

Maybe mixers? They seem to make a good amount of money. A service like metaexchange could use STEALTH to mix other's coins? Of course there might be some legal issues with that but at the same time there might always be someone willing to take the risk. Just brainstorming here on anything that could benefit from STEALTH

Any other ideas?