Post
Topic
Board Speculation
Re: 1DkyBEKt5S2GDtv7aQw6rQepAvnsRyHoYM
by
notme
on 30/07/2012, 17:18:00 UTC
I see, so you publish research without providing a baseline.  Good scienceing.

He wrote and open sourced his block parser, then published a script to calculate the taint.  That's pretty good in my opinion.  I'll run those 10 addresses you list and find a baseline from those.

28% taint on one transaction could just be somebody cashing out from pirate and spending 28% of it on drugs, could it not?  The 6% total taint is slightly more interesting, but again, we have no baseline for comparison.

The 28% means that when Silk Road decided they had too much in their hot wallet and should move a few thousand offline, 28% of the coins they moved offline were from pirate's wallet.  Kind of.  It certainly doesn't mean that a pirate lender spent 28% of his interest payment on drugs.  If the coins all came from a single pirate lender then the 28% means that the drug payment was made up 28% of coins from pirate and 72% of other unrelated coins.  Kind of, again.

Except you don't know for sure how coins move through SR, just good guesses.  However, thanks for providing a slightly clearer picture of what that means.  Kind of Wink.  Thanks for running those addresses.  I want to play around with getting the block parser running sometime, but today's not that day.