Bitcoin Forum

Economy => Economics => Topic started by: btcminer021 on April 25, 2013, 01:09:09 PM



Title: Introducing ZeroCoin for truly anonymous payments!
Post by: btcminer021 on April 25, 2013, 01:09:09 PM
http://www.forbes.com/sites/andygreenberg/2013/04/12/zerocoin-add-on-for-bitcoin-could-make-it-truly-anonymous-and-untraceable/

So, is BitCoin flawed?


Title: Re: Introducing ZeroCoin for truly anonymous payments!
Post by: marcus_of_augustus on April 25, 2013, 02:18:48 PM
Not really ... it just needs some patching.


Title: Re: Introducing ZeroCoin for truly anonymous payments!
Post by: Aldur1 on April 25, 2013, 03:40:35 PM
It depends on how you define flawed?

Is it 100% completely anonymous and untraceable? No
Is it a peer to peer instant transaction currency with no banking Fees? yes
 


Title: Re: Introducing ZeroCoin for truly anonymous payments!
Post by: Tekkna on April 25, 2013, 06:16:20 PM
I don't think it's flawed as it is, but I think that adding untraceability would be useful.

I heard someone comment once that Bitcoins are traceable, but anonymous. That is you can see where the bitcoins go, but you can't normally know who has what. (Although a mixing service would provide untraceability as well)


Title: Re: Introducing ZeroCoin for truly anonymous payments!
Post by: KSV on June 05, 2013, 04:00:52 PM
try tracking satoshi . . .till then its anonymous.


Title: Re: Introducing ZeroCoin for truly anonymous payments!
Post by: anaikh on June 07, 2013, 02:14:21 AM
I would like to invest in Zerocoin.
I think the it may open another blockchain.


Title: Re: Introducing ZeroCoin for truly anonymous payments!
Post by: Stefan on June 09, 2013, 09:53:29 AM
I think it is enough to register at two exchange sites anonymously. You will buy maybe LTC on the first one, send it to the second one and then trade it back to bitcoin. To discover, there is need to force both exchanges to reveal trading history and withdrawal addresses for that deposit(s). Adding third coin and third exchange may make the track process mission impossible.