Post
Topic
Board Announcements (Altcoins)
Re: ⋆⋆⋆ [SDC] ShadowCash | ShadowSend v2 & White Paper MANDATORY WALLET UPGRADE! ⋆⋆⋆
by
Schild_
on 23/12/2014, 14:24:29 UTC


Our scheme was never going to be perfect, and we have said on a few occasions that we will only be utilising a basic nizkp until zk-snarks is fully out and trustless.

The reason we opted for anonymous tokens, instead of direct anonymous outputs to ringsigs, is because we're building towards direction we're heading in. What we're striving for... Encrypted values, with perfect nizkps, proving all values of inputs are real, without revealing any information about where they come from.

We're looking at many things, like homomorphic encryption, snarks, etc...
http://eprint.iacr.org/2014/976
snarks are advancing, along with many other ideas... We are not for limiting ourselves, but for bettering our [collective] future

Nice point, Battbott.

It's not the same. Why would had our devs bother to spend thousands hours of coding if so...  the way you say this is a bit misleading IMHO.
]

I never said it was the same. I said the anonymity uses the same underlying approach as cryptonote so the resulting anonymity is the same (or worse, if minting/destroy is used too much, but that is up to the users I suppose). I acknowledged some minor differences, but I don't believe they are particularly significant in the area of anonymity.

As for why thousands of hours were spent on it, you would have to ask them. Presumably they thought that reimplementing it all was a good idea for whatever collection of reasons. I guess the market will decide.



There are also chances that you missed some things...

I like the fact that you are tech savvy, but I cannot help myself to think your method is starting to be a bit socially inappropriate in term of behavior. You've made your point several time, and it's normal that the community is defending the work (and the thread!). Now perhaps ask SDCdev directly your questions and/or come back later maybe?

I guess he's the best one to talk with, after all, the community is only the community and the dev is the dev Smiley.

If you still wanna discuss with the community otherwise maybe  #shadowcash  would be better?