• @[email protected]English
    8•2 months ago

    You realise that all electronic currencies will necessarily involve transaction logs stored in someone else’s computer? Even Zcash and monero, which have clever anonymous transactions, allow selective disclosure of the details of those transactions if you ever find yourself at the wrong end of a criminal investigation or tax audit. Moreover, their anonymity guarantees are not perfect (the IRS has certainly paid big bucks to chainalysis for de-anonymisation, for what that’s worth).

    Unless someone magically invents a software artefact that can’t be duplicated (don’t hold your breath, I’m serious about the magic) there’s no escape from this fundamental requirement.

    • Programmer BelchEnglish
      -4•2 months ago

      Using that logic, the US government has enough computing power to decrypt your internet traffic even if you use a VPN. I only want more protection, not complete anonymity.

      And for what it’s worth, I think that the protection an internet service can provide is only “trust that we are doing it right”, every data leak that is happening is proof of this.

      • @[email protected]English
        7•2 months ago

        the US government has enough computing power to decrypt your internet traffic even if you use a VPN

        No. Not even slightly.

        I see you are completely unfamiliar with any of the issues here. I appreciate they are complex, but I don’t have the time or patience to educate you right now, even assuming you’re willing to learn.

        • Programmer BelchEnglish
          -3•2 months ago

          Can you leave me with some reading material regarding the problems of trying to get privacy in electronic currency?

          Something like the de-anonymisation of monero, I think it’s interesting and will try to read more about it.

          • @[email protected]English
            6•2 months ago

            are you dim? you literally replied “hey can you spend some time to give me things for free” to someone who literally explicitly made it clear that they don’t have the time

            it sounds like you already have some idea of what you want to know about, maybe you should act on that curiousity! by, idunno, going to find the information? it’s not like this stuff hasn’t been well-covered spanning the space of a decade, or as though there aren’t literally companies that do this as their whole thing. nah, gonna have to be greenfields research, hard shit.

            • Programmer BelchEnglish
              -3•2 months ago

              Sorry if the message came out entitled to the research. As rook sent some news sites about crypto, I thought some research papers about the deanonymizing monero would be readily available.