Post
Topic
Board Project Development
Re: colored bitcoins/distributed exchanges proof-of-concept
by
Jutarul
on 09/10/2012, 16:49:45 UTC
every single satoshi is still traceable to its generation block
is this true? are you sure?

It depends on how do you define it. For example, with my proposal https://bitcointalk.org/index.php?topic=117224.0 , it is possible to trace every satoshi. With other definition, you may conclude that a satoshi is associated with a finite number of blocks. No matter how defined, all satoshi must be linked to one or some block generation, or that means bitcoin could be generated without proof-of-work.
Similar problem is studying ancestral history by looking at genes (http://en.wikipedia.org/wiki/Genealogy). If the gene pool was not isolated, but well mixed, after a few generations you're related to everyone. The question is how many generations till the information is diluted enough to regain practical anonymity.