Hazard is correct. Mixing systems require a trusted entity to function. There is no possible way for a client to figure out receiving addresses, while still having them remain anonymous. The protocol we are developing aims to move some of the functions of a mixing system onto the block chain. This addresses several concerns that face mixing services, a few of which were outlined in the original post. The protocol will be in the public domain, of course. People will be able to set up their own mixing services. So it is incorrect to say that it is centralized and that I control it. The protocol can be adapted for many different types of applications. For example, it can easily be adapted for use in anonymous P2P messaging/broadcasting system. We're currently investigating all these different uses for it.

Onward to other matters - the support we've been receiving from the Chinese community has been astounding. You might be surprised to learn that the Chinese section of these forums is actually one of the biggest areas for bitcoin related discussion. The Chinese cryptocurrency community is very fragmented. A lot of discussion about bitcoin/altcoins takes place in rather obscure places and over chat programs. In light of this, we have many individuals spreading the word about StableCoin throughout these areas - an approach no other coin has even bothered to try, because they are so out of touch with the Chinese community. The results speak for themselves. We will be applying this same approach as we expand into other areas as well.

Thank you all for the support and kind words.