Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Altcoin Discussion
Re: Stratis is implementing anonymous bitcoin transactions??
by
Sebastien256
on 15/05/2017, 05:22:04 UTC
Quote from: Scend67 on May 15, 2017, 04:56:06 AM
Quote from: Sebastien256 on May 15, 2017, 03:16:16 AM
Quote from: overnightmillionaire on May 14, 2017, 03:00:02 PM
I've heard Stratis is creating a wallet called "breeze" that will allow you to instantly tumble your transactions right in your wallet from stratis to bitcoin and back in turn making it untraceable. If this is true, this should be the biggest thing since Monero, Dash and ZCash!

Any thoughts? Huh Huh Huh




This is already available in NXT (with BTC thumbling thru MGW) since a while and this will also be possible in Ardor for any child chain afaik. What are the difference with what stratis wish to do?


Just quickly researched NXT and ardor- it looks like they both use a shuffling approach to anonymize coins that isn't trustless. I think the difference is that Stratis employs tumblebit, which is completely trustless.

I'm new to this so please help me understand if this isn't correct.

The shuffling protocol on Nxt and Ardor are trustless, but it is true that the current gateway offered in and out of Nxt and Ardor are not 100% trustless.

I think it is possible to use secure atomic blockchain transaction to achieve a trustless scenario, which Nxt and Ardor support already (but afaik no one build application with this feature yet, even tho they are available since a long time).