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Title: how does silk road's mixing system work? Post by: paulie_w on July 10, 2012, 05:41:13 PM has anyone researched that and/or made any informed speculation about it?
Title: Re: how does silk road's mixing system work? Post by: opticbit on July 10, 2012, 09:21:14 PM there is some speculation on bitcointalk, i can't think of specific threads, along with the silkroad forum.
some have speculated BS&T is related. Title: Re: how does silk road's mixing system work? Post by: paulie_w on July 10, 2012, 09:26:21 PM there is some speculation on bitcointalk, i can't think of specific threads, along with the silkroad forum. some have speculated BS&T is related. BS&T? Title: Re: how does silk road's mixing system work? Post by: opticbit on July 10, 2012, 09:56:00 PM there is some speculation on bitcointalk, i can't think of specific threads, along with the silkroad forum. some have speculated BS&T is related. BS&T? Bitcoin Savings and Trust, Pirate40 is running it. earn upto 7% per week. others are speculating its a ponzi. it can't be kept up for ever but its good while it lasts. from what pirate has said, he's doing off the books exchanges with large cash investors. Title: Re: how does silk road's mixing system work? Post by: Raoul Duke on July 10, 2012, 10:04:42 PM from what pirate has said, he's doing off the books exchanges with large cash investors. But, AFAIK, Silk Road only holds BTC... Where does the cash fits on Silk Road mixing system? Title: Re: how does silk road's mixing system work? Post by: kangasbros on July 10, 2012, 10:44:04 PM It is probably just standard bitcoind daemon, I see no reason for any special mixing algorithm. The standard bitcoind selects output addresses pretty randomly (however it optimizes for the transaction size, I think).
Title: Re: how does silk road's mixing system work? Post by: Rassah on July 11, 2012, 01:49:50 PM there is some speculation on bitcointalk, i can't think of specific threads, along with the silkroad forum. some have speculated BS&T is related. BS&T? Bitcoin Savings and Trust, Pirate40 is running it. earn upto 7% per week. others are speculating its a ponzi. it can't be kept up for ever but its good while it lasts. from what pirate has said, he's doing off the books exchanges with large cash investors. Interesting. That's exactly what Ginko Bank in SecondLife said they did to explain paying their high interest rate. Title: Re: how does silk road's mixing system work? Post by: opticbit on July 12, 2012, 07:59:14 AM from what pirate has said, he's doing off the books exchanges with large cash investors. But, AFAIK, Silk Road only holds BTC... Where does the cash fits on Silk Road mixing system? SR has some hedge system to deal with the bitcoin fluctuations. would be nice if this feature was open sourced and brought to the surface web, I haven't seen it on any of the btc auction sites. |