Colored coins and assets
Colored coins are the next big thing in cryptocurrencies and is the next significant step for CryptoNote. They will allow Bytecoin users to create and distribute various CryptoNote securities and digital assets.
What's the rough ETA on this? More importantly: will the buying and selling of Assts be obfuscated on the blockchain? Would anyone be able to find out what Assets a Bytecoin holder buys and sells?
Thank you for your question. Unfortunately, we are not ready to provide you even with a rough ETA, since the work is currently in progress.
As to your question regarding obfuscating of buying and selling, transactions are going to be as anonymous as ordinary transactions, the only difference is that users will be able too see the "color" of input or output in blockchain but funds will still be untraceable. Please note that you can mix outputs that has the same "color" or no "color" at all.
In other words, the only thing you will be able to analyze with help of blockchain explorer is which "color" or asset is the most popular among Bytecoin blockchain.
Another thing worth mentioning is that "colored" coin emission cant be mixed because there is nothing you can mix it with.
Thanks for your answer. By "emission," do you mean issuing an Asset and/or trading it?