Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
darkota
on 09/07/2014, 19:31:51 UTC
...

Anonymint explained how CN bloat CANNOT be solved.

...

Where did he say this? I haven't seen that argument before.

Look through his posts, there's a recent one (about 1-2 weeks old) where he talks mainly about Zerocash, but mentions CryptoNote towards the end. There's also an older discussion in the Monero thread.

For those interested, here is Anonymint's post

https://bitcointalk.org/index.php?topic=583449.msg6662938#msg6662938

This is a positive aspect of CryptoNote that adds anonymity, but again it is not so effective without reliable IP obfuscation

Essentially Anonymint is declaring that coins that don't use I2P, don't support full anonymity., Also at the time he wrote about Cryptonote, he misinterprated the Cryptonote Whitepaper, see below

This is actually pretty easy to solve and CryptoNote already implements it: every transaction is broken up. There will always be outputs in the blockchain matching the broken-down components. Unlike CoinJoin, this is done without any participation from anyone else. The other matching amounts are not being spent at the same time; in fact they can be used as many times as needed as an ambiguity factor without actually being spent. This means the opportunity to use ring signatures isn't infrequent at all -- you can send any amount you want and it will be appropriately matched and mixed. (See section 4.5 in the white paper.)