Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield
Does NAUT actually have a full-time dev? Or is one employed as the need arises? If that's the case, perhaps a dedicated NAUT team could be assembled to pioneer and execute future developments. NAUT has been reactive to date (PoS, multipool). There are coin devs out there forging paths and optimism has carried those projects to high market caps. Maybe NAUT can build on current momentum by furthering technical developments (sms gateways, stealth address, blockchain related advancements), while BK focuses on PR and adoption.
Stealth addresses are a big no no imo if you ever want to be accepted as a wall street investable asset. This whole anonymous thing has its uses but its a passing phase in these coins cycle of innovation.
sms gateways is not a bad idea but its for the most part for societies that dont have smart phones yet and at the moment there are being some really cheap smart phones being developed so i see it as a non issue.
You cant just copy innovation , it must be created from the collective ideas of things that work and these things you mention have not proven the test of time so theres no point implementing all the "hot new stuff" in the crypto space just for a quick $ cuz it simply wont work.
wallets for smart phones are going to be worked on soon as POS is implemented
would be nice to have a road map of current and previous developments so everyone knows where the coin stands
The Vertcoin devs drew a distinction between "full anon" transactions and "privacy". Their recently released stealth address implementation is testament to that stance. Privacy is an aspect that should not be frowned upon and dismissed as catering only to evil do-ers.
http://blog.vertcoin.org
Quote
Those of you have been around a while may remember, in the early days of VTC, there was some discussion over zerocoin implementation, and we made clear that anonymous/untraceable payments were not the direction we wanted to go with VTC we are of the opinion that mainstream adoption wont come from these features, and that they will actually damage the currencies that go down that route. The fact is, people dont care about anonymity if they did, they wouldnt use social media etc.
However, we do believe in transactional privacy akin to what you expect from your legacy payment/banking systems, such that its not trivially easy for anyone to see your entire financial history.
Stealth addresses strike a good balance all the transactions are still on the blockchain to be seen, but the link between an address and an individual is obfuscated. One thing that not many people seem to consider when talking about anonymity systems in cryptocurrencies is that true anonymous payments make all the blockchain tools youre used to useless.
Stealth addresses increase privacy for a recipient by allowing you to publish a stealth address, which is like a seed which the sender then uses to generate a unique one-use Vertcoin address for the transaction. All the transactions remain public on the blockchain, but knowing the entire transactional history of your stealth address is now no-longer possible except for you, the holder of the secret key.
However, we do believe in transactional privacy akin to what you expect from your legacy payment/banking systems, such that its not trivially easy for anyone to see your entire financial history.
Stealth addresses strike a good balance all the transactions are still on the blockchain to be seen, but the link between an address and an individual is obfuscated. One thing that not many people seem to consider when talking about anonymity systems in cryptocurrencies is that true anonymous payments make all the blockchain tools youre used to useless.
Stealth addresses increase privacy for a recipient by allowing you to publish a stealth address, which is like a seed which the sender then uses to generate a unique one-use Vertcoin address for the transaction. All the transactions remain public on the blockchain, but knowing the entire transactional history of your stealth address is now no-longer possible except for you, the holder of the secret key.