Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | RC4 Testing
by
humanitee
on 30/07/2014, 21:24:58 UTC
No seriously, why would anyone need to hide their IP address from their financial transactions?

Because we want to be... anonymous.
Total annonimity.

But if it's so important, why doesn't Litecoin hide IP addresses of people that use Litecoin?

Because it doesn't matter. To be private/anonymous you need to obfuscate BOTH, the originating IP address AND the coins in the wallet. One without the other gives you the same result - a loss of privacy.

Also it's a Bitcoin clone and doesn't offer anything besides a quicker block time and different hashing algorithm. What you are wanting is actual, tangible innovation, which is not what Litecoin offers (in my opinion).