Why is Anonymity not the Problem with Crypto Currencies ...

06-29 00:04 - 'If you want anonymity use Monero. CoinJoin still has a lot of problems and doesn't provide strong anonymity.' by /u/sheix3na removed from /r/Bitcoin within 416-426min

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If you want anonymity use Monero. CoinJoin still has a lot of problems and doesn't provide strong anonymity.
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Author: sheix3na
submitted by removalbot to removalbot [link] [comments]

Why do I believe it was BCN destiny to be born in 2012?

Why do I believe it was BCN destiny to be born in 2012? Just look at this and see yourself:
1983 - Blind signatures were invented by David Chaum link 1997 - HashCash (proof of work system) was invented by Adam Back link
2001 - Ring signatures were invented by Ron Rivest, Adi Shamir, and Yael Tauman link
2003 - Mart n Abadi, Michael Burrows, and Ted Wobber presented "Moderately hard, memory-bound functions"link
2004 - Patrick P. Tsang and Victor K. Wei presented their paper "Short linkable ring signatures for e-voting, e-cash and attestation" link
2005 - Matthew Franklin and Haibin Zhang with "Unique Group Signatures" study link
2005 - Exponential memory-bound functions for proof of work protocols by Fabien Coelho link +2006 - "Traceable Ring Signature" by Fujisaki and Suzuki link
2008 - Bitcoin whitepaper by Satoshi Nakamoto link
2009 - Stronger key derivation via sequential memory-hard functions by Colin Percival link
2009 - First Bitcoin block was generated
2010 -2012 - Bitcoin Anonymity Problem Discussions link
2011 - An Analysis of Anonymity in the Bitcoin System, Fergal Reid and Martin Harrigwere link
5/15/2012 - Dorit Ron and Adi Shamir made Quantitative Analysis of the Full Bitcoin Transaction Graph link
6/8/2012 - Bytecoin Wiki started link
6/30/2012 - Bytecoin launch announcement link- first news
7/4/2012 - First BCN block was generated link
8/6/2012 - Destination Address Anonymization in Bitcoin (one-time addresses in BCN) link
10/19/2012 - Evaluating User Privacy in Bitcoin by Elli Androulaki, Ghassan O. Karame, Marc Roeschlin, Tobias Scherer, Srdjan Capkun. link
12/12/2012 -CryptoNote whitepaper v 1.0 link
12/13/2012 - Analysis of hashrate-based double-spending, Meni Rosenfeld link
10/17/2013 - CryptoNote whitepaper v 2.0 link
Here we see how the technology logically came to the advent of cryptocurrencies with ring signature and memory-bound function PoW implementation. Soon after Bitcoin's release the community started to raise concerns about its anonymity with multiple solutions and propositions. High concentration of theoretical papers on these topics in 2009-2011 most probably spurred the brightest minds to make attempts of practical e-cash with ring signatures realization. Therefore, BCN couldn't but appear in 2012.
Based on https://bitcointalk.org/index.php?topic=512747.msg7093354#msg7093354
submitted by joethejudge77 to BytecoinBCN [link] [comments]

Anonymity problem of Bitcoin. Anonymous cryptocurrencies win the battle. Your bet?

We all know that Bitcoin is pseudonymous, and unfortunately, it can leak your IP address and by transaction history can lead interested parties to your email address, phone number, name and even your birthday. Bitcoin has become the digital gold, and can't fully compete with altcoins that provide faster transaction speeds, lower fees, and in-built anonymity.

How do you think, will such cryptocurrencies like Monero become No1 and Bitcoin goes down?
submitted by RiseXit to btc [link] [comments]

James D'Angelo: Bitcoin Nodes & Noses - A New Crypto Axiom For Bitcoin's Scaling & Centralization Problem -- ("The block-size debate is a proxy war between centralization and anonymity. This needs to be solved before we end up with something worse than MasterCard.")

James D'Angelo: Bitcoin Nodes & Noses - A New Crypto Axiom For Bitcoin's Scaling & Centralization Problem -- ( submitted by eragmus to btc [link] [comments]

Does Lightning network almost solve the anonymity problem in Bitcoin?

Why is this feature of the Lightning network getting so little attention? Am I missing something?
The Lightning network is built using the onion Tor-like routing which essentially means that nodes have just one hop information so transactions are not possible to trace.
And the good news is that if you have two wallets, in wallet "A" you have the Bitcoin coming from the exchange where you provided your data so those are associated to you, if you create a wallet "B" and transfer the funds through Lightning, when you settle the transaction on the blockchain it is not traceable.
Am I missing something or this is HUGE?
submitted by lazarus_free to Bitcoin [link] [comments]

Does Lightning network almost solve the anonymity problem in Bitcoin? /r/Bitcoin

Does Lightning network almost solve the anonymity problem in Bitcoin? /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

11-29 08:22 - 'Isn't there an inherent flaw in anonymity that will eventually take us back to the same problem?' (self.Bitcoin) by /u/niggerfaggotfuckers removed from /r/Bitcoin within 60-70min

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Even fiat currency the inherent lack of accountability has promoted crime and scams. Bitcoin/Crypto opens up even more ways for people who don't follow the rules to exploit others. So what you'll end up realizing is you can't just rely on others to do the right thing, you need a mixture of both. You take the accounting and security advantages of things like Bitcoin while adding some form of central authority in its midst. Now you're back to where you started, because those central authorities are not immune to corruption. They will develop networks and alliances that will oppose the minority who have opinions they don't agree with. Such as the endless disputes humans have with each other that may require voting/consensus. So ultimately, this is not the answer to anything. To prove my theory correct, because I'm talking to investors you have an interest to squashing an opposing viewpoint, this will never make it to the front page of Bitcoin where it belongs. Corruption remains in society. Bitcoin solves nothing.
'''
Isn't there an inherent flaw in anonymity that will eventually take us back to the same problem?
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Author: niggerfaggotfuckers
submitted by removalbot to removalbot [link] [comments]

Isn't there an inherent flaw in anonymity that will eventually take us back to the same problem? /r/Bitcoin

Isn't there an inherent flaw in anonymity that will eventually take us back to the same problem? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[uncensored-r/Bitcoin] Isn't there an inherent flaw in anonymity that will eventually take us back to the same problem?

The following post by niggerfaggotfuckers is being replicated because the post has been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7gbfp5
The original post's content was as follows:
Even fiat currency the inherent lack of accountability has promoted crime and scams. Bitcoin/Crypto opens up even more ways for people who don't follow the rules to exploit others. So what you'll end up realizing is you can't just rely on others to do the right thing, you need a mixture of both. You take the accounting and security advantages of things like Bitcoin while adding some form of central authority in its midst. Now you're back to where you started, because those central authorities are not immune to corruption. They will develop networks and alliances that will oppose the minority who have opinions they don't agree with. Such as the endless disputes humans have with each other that may require voting/consensus. So ultimately, this is not the answer to anything. To prove my theory correct, because I'm talking to investors you have an interest to squashing an opposing viewpoint, this will never make it to the front page of Bitcoin where it belongs. Corruption remains in society. Bitcoin solves nothing.
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

Former Fed Chair Bernanke: the real serious problem that Bitcoin has is its anonymity

Former Fed Chair Bernanke: the real serious problem that Bitcoin has is its anonymity submitted by Bitcoin_Markets to Bitcoin [link] [comments]

Former Fed Chair Bernanke: Bitcoin's Real Problem is Its Anonymity

Former Fed Chair Bernanke: Bitcoin's Real Problem is Its Anonymity submitted by Bitcoin_Markets to btc [link] [comments]

Anonymity Recognized as Serious Problem with Bitcoin

Anonymity Recognized as Serious Problem with Bitcoin submitted by mWo12 to CryptoCurrency [link] [comments]

James D'Angelo: Bitcoin Nodes & Noses - A New Crypto Axiom For Bitcoin's Scaling & Centralization Problem -- ("The block-size debate is a proxy war between centralization and anonymity. This needs to be solved before we end up with something worse than MasterCard.")

James D'Angelo: Bitcoin Nodes & Noses - A New Crypto Axiom For Bitcoin's Scaling & Centralization Problem -- ( submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Anonymity Recognized as Serious Problem with Bitcoin

Anonymity Recognized as Serious Problem with Bitcoin submitted by voyagerdoge to DogeNews [link] [comments]

James D'Angelo: Bitcoin Nodes & Noses - A New Crypto Axiom For Bitcoin's Scaling & Centralization Problem -- ("The block-size debate is a proxy war between centralization and anonymity. This needs to be solved before we end up with something worse than MasterCard.")

James D'Angelo: Bitcoin Nodes & Noses - A New Crypto Axiom For Bitcoin's Scaling & Centralization Problem -- ( submitted by eragmus to Bitcoin [link] [comments]

Politics & Society • Former Fed Chair Bernanke: Bitcoin's Real Problem is Its Anonymity

submitted by btcforumbot to BtcForum [link] [comments]

Is bitcoin's anonymity really a problem for the governments and regulations? /bitcointalk.org

submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Former Fed Chair Bernanke: Bitcoin's Real Problem is Its Anonymity

Former Fed Chair Bernanke: Bitcoin's Real Problem is Its Anonymity submitted by BitcoinAllBot to BitcoinAll [link] [comments]

@44:30 "You realize that you just described a completely decentralized, completely anonymous, completely un-censor-able version of ripple [built on bitcoin]?" - Andreas Antonopoulos on Let's Talk Bitcoin! #239 Solving Problems

@44:30 submitted by AdamBLevine to Bitcoin [link] [comments]

04-02 20:23 - 'Hello everybody! / My name is Che, I'm the founder of ANONYM NETWORK / This is an anonymous social network - where people can talk about their problems absolutely anonymously. We with the team launched the project a year ago in...' by /u/Anonym4 removed from /r/Bitcoin within 33-43min

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Hello everybody!
My name is Che, I'm the founder of ANONYM NETWORK
This is an anonymous social network - where people can talk about their problems absolutely anonymously. We with the team launched the project a year ago in Russia and we already have more than 800 thousand users around the world.
And 3 months ago we decided to hold the ICO of our project, but unfortunately our ICO failed, as we spent all our personal money for this event, and did not even collect 20 Eth. Because there are a lot of ICO scammers in the world and many have now ceased to be trusted. We tried to tell everyone about us, but in a rush of advertising ICO we just did not notice. We are very sad and we are in utter confusion and despair.
We have worked hard on our project and We sincerely desire that people could have such a place where they could reveal themselves. There everyone would be able to find the answer to all questions and, most important, find Themselves again.
I appeal to the world crypto community! We believe in your strength. And we believe in miracles.
Give a second chance of life to our project. The world and people really need a place where we can talk about what is really important for us
Where it does not matter who you are, how you look and what your social status is. Where only your thoughts and your point of view are valued. Where it is customary to be yourself, communicating without masks and social labels. Where it is possible to find like-minded people, to exercise freethinking and the most important thing is yourself.
We ask you to support our project. We are not scum or hack. This is our work. [link]1 [link]2
We are simple guys who love what they do.
We believe in the power of the crypto community and mutual assistance. Help us spread the information and save our project - this is our offspring. When your child is in danger you are ready to do everything in your power. If you do not care Be an accomplice of our movement
PS: Forgive me for my English
BTC: 1HRh7RSsYNH8fPT3vVSeZWs6QpwcMySBaN
ETH: 0xd39a8D0780877b3F7C8412d40F65c2e77c42dd41
Contract Address 0xcdA177d6a077513E8D3bcDC158795068e1b8502E
Thank you for listening, With Love and Respect, Che - the founder of the project ANONYM!
my contacts [email protected] +79141542967
'''
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Author: Anonym4
1: https://play.google.com/store/apps/details?id=com.appache.anonimka 2: https://itunes.apple.com/us/app/%D0%B0%D0%BD%D0%BE%D0%BD%D0%B8%D0%BC/id1111159950
submitted by removalbot to removalbot [link] [comments]

04-02 23:13 - 'Hello everybody! / My name is Che, I'm the founder of ANONYM NETWORK / This is an anonymous social network - where people can talk about their problems absolutely anonymously. We with the team launched the project a year ago...' by /u/cheanonym removed from /r/Bitcoin within 18-28min

'''
Hello everybody!
My name is Che, I'm the founder of ANONYM NETWORK
This is an anonymous social network - where people can talk about their problems absolutely anonymously. We with the team launched the project a year ago in Russia and we already have more than 800 thousand users around the world.
And 3 months ago we decided to hold the ICO of our project, but unfortunately our ICO failed, as we spent all our personal money for this event, and did not even collect 20 Eth. Because there are a lot of ICO scammers in the world and many have now ceased to be trusted. We tried to tell everyone about us, but in a rush of advertising ICO we just did not notice. We are very sad and we are in utter confusion and despair.
We have worked hard on our project and We sincerely desire that people could have such a place where they could reveal themselves. There everyone would be able to find the answer to all questions and, most important, find Themselves again.
I appeal to the world crypto community! We believe in your strength. And we believe in miracles.
Give a second chance of life to our project. The world and people really need a place where we can talk about what is really important for us
Where it does not matter who you are, how you look and what your social status is. Where only your thoughts and your point of view are valued. Where it is customary to be yourself, communicating without masks and social labels. Where it is possible to find like-minded people, to exercise freethinking and the most important thing is yourself.
We ask you to support our project. We are not scum or hack. This is our work. [link]1 [link]2
We are simple guys who love what they do.
'''
Context Link
Go1dfish undelete link
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Author: cheanonym
1: https://play.google.com/store/apps/details?id=com.appache.anonimka 2: https://itunes.apple.com/us/app/%D0%B0%D0%BD%D0%BE%D0%BD%D0%B8%D0%BC/id1111159950
submitted by removalbot to removalbot [link] [comments]

Countries are pushing towards going cashless, that means every street drug dealer will end up using bitcoin. Illegal drug market is valued at $360 billion. Bitcoin's market cap would need to double to handle this.

Think about it, digital dollar is coming, other countries are pushing to get rid of cash too. Some of it is to push to get tax money, other reason is to push negative interest rates, among other reasons. There way more black market transactions that just drugs, but drugs alone is valued at $360 billlion. Bitcoin would need to double to handle that. Meaning price will go up at minimum +100%

I know this isn't the best reason for bitcoin to go up, but the underlying economics of it still hold true.
submitted by dancingbearstonks to Bitcoin [link] [comments]

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6 Problems/Issues With Bitcoin as a Currency

Bitcoin is a decentralized, peer to peer, digital currency. It has been referred to as anonymous, pseudo-anonymous, pseudonymous (whatever that means), and not anonymous at all. However, with this ... As worsening government regulation strangles the growth of Bitcoin and cryptocurrencies around the world, the need for trading platforms beyond their reach h... This week on #BlockchainCentral: We talk about the concept of a #Bitcoin tumbler or Bitcoin mixer. Bitcoin is not known for its anonymity, but rather its pse... Bitcoin Anonymity Basics - Bitcoin and Cryptocurrency Technologies Part 6 - Bitcoin and Anonymity Is Bitcoin anonymous? What does that statement even mean—can we define it rigorously? I review my bad experience with a Bitcoin ATM and give you advice on whether you should use a Bitcoin ATM or not. This is Bitboy Crypto's BTC ATM Review. ️ ...

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