Post
Topic
Board Announcements (Altcoins)
Re: Vertcoin | Scrypt N | Beat ASIC
by
jk_14
on 25/05/2014, 12:47:43 UTC

We've always been of the same view - back when Zerocoin implementation was being discussed, we decided against it (and in favour of stealth addresses) precisely because of these issues, which we feel will stand in the way of mainstream adoption of any truly anonymous cryptocurrency.

Stealth addresses are different - they give some privacy, but all the transactions are still there in public sight on the blockchain - there's a record of the transactions that have taken place, and nothing becomes truly untraceable, but they do provide decent privacy akin to what you expect from the banking system - ie. everyone else can't view all your transactions and link them easily to you.

The other benefit is, all the usual blockchain tools work, and you don't lose all those nice features as a result of anonymising a lot of transactions.


Thank you for your clarification.


And I have one thought here - so short, common story then:

There is a woman. She has a man - a right, good man...
And the only reason cause her completely unhappy - is the fact, that this man is not used to repeat ten times per day:
"I love you so much, my sweetest darling!"


And I see this syndrome here...  Wink