Post
Topic
Board Altcoin Discussion
Re: CryptoNote technical discussion and Boolberry vs Monero Chess Challenge
by
TPTB_need_war
on 18/01/2016, 21:08:07 UTC
There is a way though to get perfect compliance which I am using in my design because I use one-time Lamport/Winternitz signatures

Forcing perfect compliance through cryptography sounds great. Unfortunately I cannot pretend to understand the math and cryptography behind everything you say except on a conceptual basis.

It doesn't gain anything from an anonymity perspective (and is arguably retrogressive), if that is what you were thinking. We pay to a name instead of an address. The address can change and the name remains the same. For security it helps, and my greater motivation is eliminating lost payments (payments to addresses for which no one knows the private key) and overhead for microtransactions (and potentially IoT).

Edit: it is a usability feature for targeting the masses, and I think ShadowCoin has a similar feature but maybe not for the same motivations.