Very nice artwork is thrown around. This should spark users to start media campaign II. I hope that DeepSend can come soon to show making a DeepSend payment in real life.
I can't find any news about Deep Send on these threads. When is it supposed to launch?
No launch date as yet. I quoted the piece of information on DeepSend from the weekly newsletter.
This week's DeepOnion feature talk: DeepSend
I know a lot of you have been asking about this feature and are very keen to learn more. Well, you asked and DeepOnion delivered! Thank you to lead Dev @monocolor for his contribution to this piece.
Last week we discussed the Tor feature and learned that it only secures the network, meaning that your IP is protected and your peers won't know your IP. However, as discussed, transactions are not protected, meaning that in the explorer/blockchain you can still see all the tx from all addresses, and can relate the tx from source to destination.
There are a few methods that can be used to hide the transaction traces. The most common one is the "mixer", where you send your coins to a pool (like an exchange) and the pool will forward the same amount of coins to your destination. Since the pool has many addresses, viewed from the blockchain, you'll not be able to determine the source and destination of the real transaction. Another method is witnessed in zerocoin or zerocash, where you can burn some coins and generate the same amount of new coins from a different addresses (minted), thus people can't connect these coins to your usual address.
The DeepSend will use a multi-signature method to hide the transaction trace. It is one of the true trustless systems that was first developed in Supercoin (you can read an extremely detailed technical explanation of this technology here:
https://bitcointalk.org/index.php?topic=1351548.0). What is important here is that we are adopting a tried and tested technology that is trusted by existing users. We will leverage this service and develop an enhanced version of it providing further anonymity, speed and trust. Thus with DeepSend, our network and tx will be both secured and efficient. Specific details on DeepOnion's implementation will be discussed at a later stage (we are currently testing and do not want to comment until it's ready and tested).
Furthermore, the Dev team are currently working on a new DeepTrust feature. The DeepTrust feature will precede DeepSend and will feature in next week's newsletter!
