Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
cryptonewb
on 15/10/2015, 19:17:32 UTC
What do these liquidity providers do exactly?

People are constantly running the mixer.  That's all.  Only A couple of weeks ago, Evan made it so that, if you're available for mixing, and you run liquidityprovider=1 in your conf file, you won't mix unless someone needs you to.  That is, you won't start mixing sessions, just join them.  This way, we don't sit around mixing with each other, and unnecessarily bloat the block chain.  But there are at least 6 people running liquidity providers according to the proposal that was approved, and that should give plenty of deviation so that mixes should be very good.  Plus there are others who just do it to be helpful.  Always do at least 2, better >5 Smiley

Hmmmm.... Isn't it dangerous to have to rely on only 6 people who are available for mixing all the time?
I guess that these people have the logs of the mixing. If they collude, they can know which mixing input is associated with a certain mixing output.


They're not necessarily the only people mixing. The fact that mixing sometimes takes quite a long time came up, so there was a DGBB proposal to provide compensation for some trusted members of the community to operate as "liquidity providers". Apparently the next version of Dash will be anonymous by default, and also faster, but it was decided that it would take some time to implement and test the new system, so the incentives for liquidity providers could serve as a temporary solution to speed up the anonymisation process a little.

ok, so basically we need the liquidity providers because the mixing in the nodes isn't very efficient? Why not just give every node the possibility to have mixing transactions pass through his node? that would make mixing faster I guess?