The need for anonymous blockchain projects and VASP

[samdan777712]

With todays FATF declaration and the US treasury making a threat on crypto's philosophy I think people need to wake up and realize that this is why Satoshi chose to be anonymous. The real power of crypto is anonymous creation not just use. Project should consider anonymous release and modeling themselve more like linux and tor.

Sidechains, atomic swaps, non custodial wallets, integration with tor and tails, ethereum internet 3,0 stuff. There are all these DEX coming out and they require KYC. They will be mandated to identify the recipient's identity. Now think about it, how can non custodial wallet's be dictated to have KYC. They will go after wallet makers like ledger nano and electrum. They will bar non identity based wallets from connecting to these DEX. They aren't going to let 'swiss bank account' run around with VPN.

Bisq is a good example of the direction the industry needs to go in. Very little real crime is extent in crypto. Western countries simply want to dominate the global south and limit peoples freedom. It's not in the interest of a free world for Treasury department to get their way. If they had their way Satoshi would never have been allowed to anonymously release the protocol.

DEX should be much more dark net oriented, much more distributed, like onion layer, with no central server functions, no name, no address, no clear net, no business. These DEX will become inherently illegal because they don't follow FATF rejection of 'identity associated non custodial wallet'. Bare in mind that if people know how much money you have and it isn't in a bank, you will likely be targeted and harmed or killed and robbed. Identity association with crypto is deadly.

These new rules are meant to enslave people to the state and banks. 1000 dollar limit is pure peonage. And it is onerous.

The only real concern is people sending billions to some warlord to smuggle uranium or something insane. White hat developers can self police and easily put reasonable limits on single address exchanges, in any case it isn't sensible. No one moves rocket launchers and tanks and uranium around for bitcoin. This is nonsense and can be easily tracked by intelligence agencies. These laws only affect the poor. It's meant to hurt the poor and hurt the non .001% It also furthers the drug war which is unjust.

Satoshi was right. Ross Ulbricht was right. Snowden was right. Manning was right. If we allow crypto to be sanitized they will make it so that only the rich benefit from it, they will take it away from the majority and use it to maintain global capital extraction and servitude.

[squatter]

DEX should be much more dark net oriented, much more distributed, like onion layer, with no central server functions, no name, no address, no clear net, no business. These DEX will become inherently illegal because they don't follow FATF rejection of 'identity associated non custodial wallet'.

The current generation of DEX are still highly trust-based and dependent on centralized infrastructure. Order books and atomic order matching use centralized servers. The centralized DNS is often integral. With platforms like Binance DEX and CryptoBridge, you are trading proxy assets while you trust someone else to hold your real assets.

What we need is truly decentralized ways of trading. We need much faster ways to relay order book and order matching information P2P. We need decentralized internet like P2P mesh networking, decentralized domain registration, atomic swaps that are usable for traders in real time. This won't happen overnight.

[samdan777712]

What is ZeroNet?¶
ZeroNet uses Bitcoin cryptography and BitTorrent technology to build a decentralized censorship-resistant network.

Users can publish static or dynamic websites to ZeroNet and visitors can choose to also serve the site themselves. Websites will remain online as long as one peer is still online.

When a site is updated by its owner, all nodes serving that site (previous visitors) will receive only the incremental updates made to the site content.

ZeroNet comes with a built-in SQL database. This makes content-heavy site development easy. The DB is then synced to hosting nodes via incremental updates.

Why?¶
We believe in open, free, and uncensored communication.
No censorship: After something is published there is no way to remove it.
No single point of failure: Content remains online even if only one peer is serving it.
Impossible to shut down: It's nowhere because it's everywhere. Content is served by any user who wishes to.
Fast: ZeroNet uses BitTorrent technology to deliver content faster than centralised servers.
Works offline: You can access the site even if your internet is unavailable.
Secure: Content ownership is secured using the same cryptography that secures your Bitcoin wallet.
"

There is talk about full node phones sold prepackaged, meshnet full node devices, and a definite important project is Interplanetary File system ifps

[Ucy]

It honestly surprises me seeing very talented developers choosing to reveal their identity or even go to conferences. In my opinion, there is nothing wrong with revealing your identity in crypto space as long as you do not associate it with your crypto project.
Maybe they have great contingency plans like satoshi incase something bad happens to them , who knows?