Post
Topic
Board Announcements (Altcoins)
Re: ⋆⋆⋆ [SDC] ShadowCash | ShadowSend v2 IS ALIVE ! ** MANDATORY WALLET UPGRADE! ⋆⋆⋆
by
child_harold
on 26/01/2015, 20:17:50 UTC
To clarify (I was incorrect before. Apologies).

Shadow>SDC transactions DO NOT reduce anon inputs/outputs in the system!

Please see the slideshow below and refer to the IRC transcript below.
Thanks

http://www.slideshare.net/shadowcash/presentation3-43827434

Quote
8:13 PM <•TrollsRoyce> well when you convert sdc>shadow>sdc the shadow stays in the system pool
8:13 PM how does that work?
8:13 PM <•TrollsRoyce> makes more sense to convert to shadow to help build up the pool but put funds back in sdc to secure the network
8:13 PM oh? it does?
8:13 PM <•TrollsRoyce> yeah theyre anonymous outputs
8:14 PM <•TrollsRoyce> they can only be redeemed with a valid ring signature
8:14 PM <•TrollsRoyce> so the pool keeps growing the more sdc>shadow
8:14 PM ⇐ allien quit (~allien@static-84-42-162-78.net.upcbroadband.cz) Quit: Leaving
8:15 PM SO the Shadow > SDC does not reduce anon I/O???
8:15 PM <•TrollsRoyce> no it doesnt
8:15 PM wow
8:15 PM OK
8:15 PM i get it
8:15 PM <•TrollsRoyce> it actually increases it because you can keep converting back and forth creating a larger pool
8:15 PM thats fucking huge
8:15 PM yeah it finally makes sesne
8:15 PM ⇐ Gritt-N-Auld quit (~gritt@unaffiliated/gritt) Read error: Connection reset by peer
8:15 PM sense*
8:16 PM <•TrollsRoyce> http://www.slideshare.net/shadowcash/presentation3-43827434
8:16 PM <•TrollsRoyce> the slides explain everything

And also this post (which I should have read properly in the first place. blame the sauce)


I have question about slide #6, from transcript:
Quote
The Shadow tokens (SDT) are sent to dual-key stealth addresses which removes the link between the parties. it is not possible to determine which tokens have been spent, so all tokens remain in the Hodrchain as spendable outputs available as members 0! ring signatures for other token spends.

Also slide 10:  
Quote
An ever increasing pool of outputs (tokens) are available in the ring signature The tokens remain in the system increasing the outputs for available ring signatures but cannot be used to create any new SDC without a traceable ring. Between 3-200 tokens of each value (ormsa member of a ring signature, which prevents anyone from knowing which token was spent or who signed the transaction.

Doesn't this mean that it would be helpful for the network if we transfer from SDC to Shadow and back to SDC many times?  The more times we go back and forth, then the more available outputs, which helps the anonymity of the network?  I believe many people tried to help the network by transferring their SDC to Shadow and leaving it in Shadow, but would it be more helpful if they transfer back and forth many times?  Also would a bot be helpful for increasing the anonymous outputs?

From my understanding of the system it would be more beneficial to create more outputs then put it back into SDC versus holding Shadow.

A) Shadow doesn't stake so the more people holding onto shadow the less people that are staking

B) It creates a larger pool of tokens for future shadowsends


Thank you, that clarifies it then.  People should then know that if they want to help the network the most, don't just leave your coins in Shadow.  Keep changing into Shadow and back to SDC and back to Shadow many times to create more anonymous outputs.

No problem, anytime.