Post
Topic
Board Development & Technical Discussion
Re: Taproot proposal
by
figmentofmyass
on 25/01/2020, 14:06:13 UTC
How far are we from rendering efforts like "chainanalysis" useless?

Every single wallet should be sending transactions that by default obfuscate things so no one is liable of this bullshit idea of having "tainted coins", in other words, actual fungibility.

obviously, schnorr signatures are on deck. that'll allow for cross-input aggregation to make coinjoins indistinguishable from regular transactions. that's a pretty massive development given that exchanges are beginning to target coinjoin users. estimating based on segwit's activation timeline, that could happen by early 2021 or maybe even the end of this year, optimistically.

but "useless"? that's quite a strong word. Lips sealed

confidential transactions (CT) to obfuscate transaction amounts seems like an attractive next step. but my understanding is it requires extension blocks or a hard fork. so.....probably not gonna be implemented at the consensus layer. there's always sidechains though. liquid (blockstream's sidechain) supports CT for example.