Quote from: MasterMined710 on August 17, 2014, 09:25:59 AM

Quote from: DarthPiggy on August 17, 2014, 09:01:24 AM

Quote from: Ozziecoin on August 17, 2014, 08:47:18 AM

Quote from: DarthPiggy on August 17, 2014, 08:44:41 AM

Quote from: Ozziecoin on August 17, 2014, 08:29:45 AM

Quote from: DarthPiggy on August 17, 2014, 08:27:19 AM

Quote from: Ozziecoin on August 17, 2014, 08:22:16 AM

Quote from: DarthPiggy on August 17, 2014, 08:15:06 AM

Perhaps I am still misstating the math or misunderstanding the spread-sheet.
Let's say I have 1 different coin sources. 60/600 compromised nodes I choose 2 hops and make 1 transaction. Then according to the spreadsheet, that one transaction has 1% chance of being compromised.
Now lets say I have 100 different coin sources, one for each of 100 transactions. 60/600 compromized nodes at a 2-hop rate. Now each transaction itself has a 1% chance of compromise. thus in total, 63% that at least one of them is compromized.
An example: let's say I have 100 dice with each having 100 sides. So each dice has 1/100 chance of rolling a "7". Now if I roll all 100, then there is 63% chance that at least one out of the 100 gets a "7", regardless of the fact that they are different dice. It's just acumulating the independent probabilities of the unrelated events

What is being traced? You have 1% chance of traced back to the one address. But that original address has no context. The coins for that address has itself been mixed.

My original question was why are there different numbers of masternodes being chosen, in other words, 1, 2, etc.. rounds of mixing. the purpose of this question was I was wondering the speed of transaction involved. The answer was that "The several rounds are just to eliminate the possibility of a large number of masternodes colluding with each other to deanon transactions." and a spreadsheet was given with the probability of de-anoning happening. So as I understand it, the spreadsheet is telling you the chance of a de-anon'd transaction. Is this incorrect? My main point here is why do I have to do many hops if it takes a long time? If I only have to do 1 hops, why is there an option for 2 hops? why not just always do 1 hops?

I personally think anything more than 2 hops is overkill, unless the coins came from a personally identifiable source like an exchange with my real name on it. And it would just be silly to use your real name.

I see, so the main problems would be when doing darkcoin linked to other goods such as bitcoins, or things which can be traceable through the mail or something.. or personal transactions with the coin.. if you are just transferring darkcoins from wallet to wallet then not a problem?

Yes. That is my understanding.

Thx for the discussion

yeah it's like your cloakcoin but pow and not a pos rollback coin. it's trustless and your money can't be stolen by a man in the middle attack like in posa v1. also you don't have to worry about the federal gov tracking down the devs and shutting down your coin and losing all you money because people are using the onemarket thing to sell wacky tobacky. if you can't even sell weed on onemarket then what use is it? might as well just use openbazzar or darkmarket (no relation to darkcoin).

I'd rather not talk about cloak on the drk thread however since I don't want to upset people - if you want to discuss the mathematics of the anonymity of a masternode based coin vs a fully decentralized coin, I'd be happy to start a completely new thread or you can start one and send me a pm to discuss.. If you want to discuss the pros / cons of one-market probably best to post it in the cloak thread ---even better post it to cloaktalk.org