Post
Topic
Board Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
artik123
on 29/01/2014, 19:42:02 UTC
Regarding Mixing Service. Do we need such on-chain service that mixes coins with anonymity-reliability trade-off? 30% anonymity means 70% reliability to get all the coins back. Yes, it means that with 100% anonymity u could get 0% - 200% coins back.


why not implement zerocoin's zero knowledge proof on top of NXT blockchain using AM?

James

Let's do it, we just need a simple explanation how it works.

As far as i remember zerocoin has backdoors... I could try to find in BTT if you like, someone mention it somewhere. Not sure based on what he said it.

Bitcoin will probably use Stealth Addresses:  http://www.reddit.com/r/Bitcoin/comments/1v7ayg/revolution_in_bitcoin_privacy_stealth_addresses/
to gain anonymity.