Re: How anonymous is DASH's "darksend mixing" actually?
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Well that is quite impressive. Is there any other method of doing anonymous transactions currently? (Whether its a service on top of bitcoin or another cryptocoin which implements an anonymous feature)
Also, why is it a seperate action in the protocol and not a standard (all transactions anonymous).
Well that is quite impressive. Is there any other method of doing anonymous transactions currently? (Whether its a service on top of bitcoin or another cryptocoin which implements an anonymous feature)
Also, why is it a seperate action in the protocol and not a standard (all transactions anonymous).
Yes Monero, https://getmonero.org/home, uses ring signatures to mix with existing prior transactions on the blockchain. There is no need for a separate action for mixing (Coinjoin, or a mixing server), or to wait for a period of time until mixing is completed before sending mixed funds since mixing is built right into the Monero protocol. When one sends Monero mixing is built right into the send funds transaction.
Edit: In Monero anonymity is not optional, since there is a minimum mixing level required for each transaction, currently 2 and scheduled to increase to 4. The only exceptions are certain dust clearing transactions and coinbase (generation of new coins) transactions.
I don't think it's completely correct to say that anonymity is not optional for Monero, since you could publish your view key and allow anyone to audit your txs, right?
problem is that exposes all your transactions and your whole wallet history. with monero it's either you see everything or you see nothing, that's a big problem.
here is my reply to a monero troll post in the DASH thread....
Using zero-knowledge proofs and homomorphic functions (ring signatures and stealth addresses) to give users the power to configure their own visible/invisible blockchain settings is a significant advancement in the evolution of economic sovereignty.
Except to do so (configure their own visible/invisible blockchain settings) with monero would require running multiple wallets with separate view keys last i checked. Even a small charity would have to run several monero wallets. A larger charity for say battered women would need to run a separate wallets for every person they help/sent money to. Just to comply with banking and healthcare related laws for said charity would take several wallets with separate view keys. An official GUI wallet would probably help manage all those wallets but not much! 
Or you could just use a single DASH wallet, problem solved.
ICEBREAKER, long time no see! Maybe you could help me with a little problem I'm having:
Dash De-anonymization Contest
Icebreaker and other trolleros: I have donated $1 to Monero's development team. I sent 0.25 Dash (TX ID: 59d51690d4b56ddbf1e393fa8d3a49bcfc3247f270f36be3b6ee411802666cba-000) to shapeshift.io, which converted it to Bitcoin and sent it to the official Monero donation address listed at https://getmonero.org/getting-started/donate/.
I challenge you to de-anonymize this transaction. To make it just a little easier, I only used four rounds of Darksend, so it's exponentially less private than it would be with the maximum eight rounds.
Please tell me what address this transaction originated from.
Cheers!
Icebreaker and other trolleros: I have donated $1 to Monero's development team. I sent 0.25 Dash (TX ID: 59d51690d4b56ddbf1e393fa8d3a49bcfc3247f270f36be3b6ee411802666cba-000) to shapeshift.io, which converted it to Bitcoin and sent it to the official Monero donation address listed at https://getmonero.org/getting-started/donate/.
I challenge you to de-anonymize this transaction. To make it just a little easier, I only used four rounds of Darksend, so it's exponentially less private than it would be with the maximum eight rounds.
Please tell me what address this transaction originated from.
Cheers!
i see nobody has been able to de-anonymize this 4 round transaction.