Is anonymity the future for bitcoin???

[Summation]

Anonymity is just one of the many uses of crypto, and anonymity does not apply to all areas. For example, in the payment process, I think that a clear payment trajectory is more conducive to the performance of the contract, and anonymity may lead to some breach of contract. The only best anonymous use I can think of is some services that require confidentiality.

[TitanGEL]

As we can see each and every transaction for bitcoin is publicly registered to the blockchain where in all of us have access, so I am just thinking if anonymity or providing privacy will be the next move for bitcoin. Just my thoughts, you can add yours here and let's discuss it.

The anonymity of the bitcoin is one of the characteristics why people are patronizing it. It is true that we can see the transaction but we can't find out who is the sender and the receiver.

[btc-room101]

As we can see each and every transaction for bitcoin is publicly registered to the blockchain where in all of us have access, so I am just thinking if anonymity or providing privacy will be the next move for bitcoin. Just my thoughts, you can add yours here and let's discuss it.

The anonymity of the bitcoin is one of the characteristics why people are patronizing it. It is true that we can see the transaction but we can't find out who is the sender and the receiver.

YOU  [ as not WE, as in U ] can't see, but you can be sure that PALANTIR, and all the NSA/CIA contractors are tracking every bitcoin address from the point of purchase to the point of sale.

Any GOV that has access to the coinbase purchase/sale, and all the exchanges and all the ingress/egress of BTC, can track every single thing that person does forever.

Lastly, any corporation/gov that's willing to spend money, can BUY this information, that's why companys like Palantir are in business.

[Babyjamz3026]

Everything that has any value can and will always be tracked by those with power. Bitcoin is unlikely to be an exception. Unfortunately it doesn't only go for fiat-to-bitcoin transactions.

[Quennlorna42]

bitcoin is called anonymous transaction because in this case it is a digital currency. and unless someone knows about a bitcoin but most having a member of it all knows about bitcoin is used mostly exchange coin into money for a better future.

[H1N1]

As we can see each and every transaction for bitcoin is publicly registered to the blockchain where in all of us have access, so I am just thinking if anonymity or providing privacy will be the next move for bitcoin. Just my thoughts, you can add yours here and let's discuss it.

I dont think so. Anonymity is one of the feature of cryptocurrency, but not in bitcoin.
You can use mixer to make your bitcoin transaction anonymous though. There are few mixer advertise in this forum.
But i think bitcoin future according to satoshi is to become a future peer to peer currency, not to become an anonymous currency.

[red023]

Bitcoin will never ever be private. And I am frankly disgusted by the fact the coins like Monero are not at #1 by now. I mean would you like to share all your Bank funds and transactions with the public. Bitcoin is almost like that. There are companies who specialize in tracking BTC and they pretty much can tell on what Exchange you bought your first BTC with Cash. Unless you made some local "private" transaction with some dude. And you did not admit it.

Yes there are "Mixing services" that glady take your money but its all just crappy patches for a flawed system. This is what especially got me angry and Craig Wright when he said he is against privacy because supposedly is only for kiddie porn people. What a Ahole this guy is. I mean I did not think he was Satoshi before but that sealed the deal for me.

I am actually not educated on what privacy things the BCH people plan or discussed to implement but there was something.

There are plenty of privacy coins out there, most have build in the ZeroCoin standard but AFAIK Monero is doing something different. And me following up in their history and stuff (not a expert at all) I think Monero is the best privacy coin right now. Serious dark markets use it for a reason. And no that is NOT a bad sign. Governments close in on  people even even in western countries now. One day we will probably all be happy do be able use private coins and say a big FU to goverments. And silly me thought that is what BTC was all about. Now its just a centralized mess controlled by a few mining pools. The sad thing is just how almost 1:1 linked all the alts are to BTC, stablecoins aside.

And what fucking coin has a shot at #1 fucking Ripple. A coin made for and by the fucking Banks. People have really learned nothing!

[Ompyon]

As we can see each and every transaction for bitcoin is publicly registered to the blockchain where in all of us have access, so I am just thinking if anonymity or providing privacy will be the next move for bitcoin. Just my thoughts, you can add yours here and let's discuss it.

I dont think so. Anonymity is one of the feature of cryptocurrency, but not in bitcoin.
You can use mixer to make your bitcoin transaction anonymous though. There are few mixer advertise in this forum.
But i think bitcoin future according to satoshi is to become a future peer to peer currency, not to become an anonymous currency.

yes, anonymity will only be misused by irresponsible parties, therefore bitcoin does not need it,
bitcoin is created with a noble purpose, so that all is transparent, so anonymity is very contrary to the purpose of  bitcoin.

[btc-room101]

As we can see each and every transaction for bitcoin is publicly registered to the blockchain where in all of us have access, so I am just thinking if anonymity or providing privacy will be the next move for bitcoin. Just my thoughts, you can add yours here and let's discuss it.

I dont think so. Anonymity is one of the feature of cryptocurrency, but not in bitcoin.
You can use mixer to make your bitcoin transaction anonymous though. There are few mixer advertise in this forum.
But i think bitcoin future according to satoshi is to become a future peer to peer currency, not to become an anonymous currency.

yes, anonymity will only be misused by irresponsible parties, therefore bitcoin does not need it,
bitcoin is created with a noble purpose, so that all is transparent, so anonymity is very contrary to the purpose of  bitcoin.

and that noble purpose is what? TO screw retarded people out of their money?

BITCOIN early on, promised AUTONOMY, and now CORE says you don't need to be anonymous

Like all things that bitcoin was said to be in 2011, now turn out to be LIES, who would have guessed?

[Wind_FURY]

The original point of blockchain is transparency which allows for decentralization. For this reason bitcoin will be the gold standard for store of value. As a coin, there are better anonymous altcoins.

Get your facts right. Bitcoin is decentralized because it is not controlled by a single "entity", not because its blockchain is transparent.

Plus it would be best to see spammers spam the right information.

[btc-room101]

Bitcoin will never ever be private. And I am frankly disgusted by the fact the coins like Monero are not at #1 by now. I mean would you like to share all your Bank funds and transactions with the public. Bitcoin is almost like that. There are companies who specialize in tracking BTC and they pretty much can tell on what Exchange you bought your first BTC with Cash. Unless you made some local "private" transaction with some dude. And you did not admit it.

Yes there are "Mixing services" that glady take your money but its all just crappy patches for a flawed system. This is what especially got me angry and Craigh write when he said he is against privacy because supposedly is only for kiddie porn people. What a Ahole this guy is. I mean I did not think he was Satoshi before but that sealed the deal for me.

I am actually now educated on what privacy things the BCH people plan or discussed to implement but there was something.

There are plenty of privacy coins out there, most have build in the ZeroCoin standard but AFAIK Monero is doing something different. And me following up in their history and stuff (not a expert at all) I think Monero is the best privacy coin right now. Serious dark markets use it for a reason. And no that is NOT a bad sign. Governments close in on  people even even in western countries now. One day we will probably all be happy do be able use private coins and say a big FU to goverments. And silly me thought that is what BTC was all about. Now its just a centralized mess controlled buy a few mining pools. The sad thing is just how almost 1:1 linked all the alts are to BTC stablecoins aside.

And what fucking coin has a shot at #1 fucking Ripple. A coin made for and by the fucking Banks. People have really learned nothing!

WOW 100% correct dude, but you are aware that MONERO is compromised right? Their encryption scheme was deliberately weakened by the NSA, so if they want, they can.

Even Zencash, (Z-family like you mention), not really 'anonymous' because if you mine, or run a server you must supply them a public address, so the z-addr(anonymous mode) are really only useful self2self, what good is that?

The problem is BITCOIN was compromised long ago by GOV(NSA,...) and that's why they will not give us real anonymity of in&out

The problem is all z-cash also has been compromised, hell even zencash is a US-NAVY-INTEL project, not unlike 4chan,

The problem here is that 100% of everything is compromised, and yet we're still told 24/7 here on this forum "You don't need to be anonymous', 'Only ppl who look at CP need anonymity'

Hell I can think of 10k reasons to be anon, one is a vindictive ex-wife, but the PC crowd that runs CORE would never let that happen, in fact they want to make it easier for vindictive wives to get 100% of a guys assets, ... blah-bah

Or like WIKILeaKS, it should be easy to give them money without your bank ( gov/irs ) knowing, but the fact is the system is wired so they know

Worst of all is the assholes on this site saying "It's ok to give up your anonymity, if you can get rich with BTC", this is like a horror movie "THEY LIVE", where people sell out other humans so they can be 'rich'.

[Fluxtorrence9]

Anonymity is for monero and other coins not bitcoin and I don't think there will be any upgrade for bitcoin that will bring anonymity in the future ,I dont think its needed for bitcoin ,many tokens are introducing use of KYC and most are just forcing it on investors ,cryptonight coins are the only ones standing out and some other algorithm as well

[btc-room101]

Anonymity is for monero and other coins not bitcoin and I don't think there will be any upgrade for bitcoin that will bring anonymity in the future ,I dont think its needed for bitcoin ,many tokens are introducing use of KYC and most are just forcing it on investors ,cryptonight coins are the only ones standing out and some other algorithm as well

THere is no plan for anonymous bitcoin addresses because CORE refuses to do it, they refuse because they have been 100% compromised by the corporations & GOV, which is the definition of FASCISM.

Since it would be optional, just like the z-model, in theory you wouldn't have to use it, but they want BTC to be the #1 coin, and they go along with all GOV KYC rules so they can 'shoot to the moon', but the trouble is in the end, once BTC becomes valuable to GOV, then all the brown-nosers that turned BTC into FASCIST-COIN, will be dumped on the streets.

[Wind_FURY]

Anonymity is for monero and other coins not bitcoin and I don't think there will be any upgrade for bitcoin that will bring anonymity in the future ,I dont think its needed for bitcoin ,many tokens are introducing use of KYC and most are just forcing it on investors ,cryptonight coins are the only ones standing out and some other algorithm as well

THere is no plan for anonymous bitcoin addresses because CORE refuses to do it, they refuse because they have been 100% compromised by the corporations & GOV, which is the definition of FASCISM.

Since it would be optional, just like the z-model, in theory you wouldn't have to use it, but they want BTC to be the #1 coin, and they go along with all GOV KYC rules so they can 'shoot to the moon', but the trouble is in the end, once BTC becomes valuable to GOV, then all the brown-nosers that turned BTC into FASCIST-COIN, will be dumped on the streets.

But what do you propose, and how should the Core developers viably, and safely add features to make Bitcoin anonymous, and private?

If you are not satisfied in how Core is handling development, who would you want to take over?

[btc-room101]

Anonymity is for monero and other coins not bitcoin and I don't think there will be any upgrade for bitcoin that will bring anonymity in the future ,I dont think its needed for bitcoin ,many tokens are introducing use of KYC and most are just forcing it on investors ,cryptonight coins are the only ones standing out and some other algorithm as well

THere is no plan for anonymous bitcoin addresses because CORE refuses to do it, they refuse because they have been 100% compromised by the corporations & GOV, which is the definition of FASCISM.

Since it would be optional, just like the z-model, in theory you wouldn't have to use it, but they want BTC to be the #1 coin, and they go along with all GOV KYC rules so they can 'shoot to the moon', but the trouble is in the end, once BTC becomes valuable to GOV, then all the brown-nosers that turned BTC into FASCIST-COIN, will be dumped on the streets.

But what do you propose, and how should the Core developers viably, and safely add features to make Bitcoin anonymous, and private?

If you are not satisfied in how Core is handling development, who would you want to take over?

You just add new services to provide addresses, but instead of the default sha-256 base-58 addresses, you use sha-512, and call them P-addresses, they'll be twice as long, so people could recognize them right away,

Could be placed in the private-msg-data-area ( the additional info ) of block-chain each transaction and have a new payment type magic-cookie indicating target address is a P-address.

Then people generate P-addresses just like normal from the client, and give P-addresses to the person they want to get funds.

It would be better to use sig-signed encryption methods on the P-addresses so only sender-receiver could decode and verify the P-Address is only available to a particular recipient,

Or have a handshake where two partys both accept to share a P-address, and both have a signed-sig to verify that only they can share

Or go back to the old public-key model, and use that code to support the new P-address, but again using SHA-512

...

or just use the z-snark code from z-cash family and slide that code into bitcoin, but again call it P-address for private as not to confuse people with bitcoin, versus zcash

I suspect that people could easily release another shitcoin called pBitcoin, but do we really need another shit-coin?

If you want BTC to survive, we must move to a real private address using sha-512, and we must move to ECDSA using a 512 bit encryption algo that isn't compromised by NSA, both SHA-256 and secp256k1 are NSA, so the current system is just plain stupid.

Probably the Sha-3 so called kecak model that used in ETH would be good, move but to the 512 bit, not the 256 which is now compromised.

Most of this stuff is just adding new cmd-lines routines to the client shell, 99% of btc users don't need to use this stuff, just people who want to do real anonymous btc transfer of funds
Adding new transfer routines to setup and deploy a P-Addr tx, thus stuff wouldn't even effect exchanges as they wouldn't even need use any of the RPC's


Core wants to keep btc weak, also the code is just a 'hack' now after 10 years of hacking crap, and add crap by various party's people are just plain 'afraid', but most of all they know that GOV will not allow a coin that NSA can't hack.

BTC has two majors problems

1.) It's easy to hack, solution move on to 512 algos that aint NSA
2.) there is no mechanism for privacy, solution create the P-address

[Pattart]

The original point of blockchain is transparency which allows for decentralization. For this reason bitcoin will be the gold standard for store of value. As a coin, there are better anonymous altcoins.

Yeah for anonymous there may be another coins that are much better in that field, but bitcoin has a higher price and has more complexity than other altcoins, I myself think that the trendmark of bitcoin in the future is not just about anonymity..

[Malamok101]

Sometimes I always think that if bitcoin's price go to100$ per 1bitcoin do you think lot of people will continuing to invest or thousands of people will not invest again in bitcoin so it's very anonynous for me what will be the future of bitcoin.

[kalel18]

It cant help the bitcoin to increase more price, its safer to use is it, but in the good way. How about if scamer, criminals they can use this anonymity to keep there profile to flee from the catcher they want to jail. This bitcoin stand #1 for all coins we need for bitcoin how to increas and to solve from this crash.

[btc-room101]

The original point of blockchain is transparency which allows for decentralization. For this reason bitcoin will be the gold standard for store of value. As a coin, there are better anonymous altcoins.

Yeah for anonymous there may be another coins that are much better in that field, but bitcoin has a higher price and has more complexity than other altcoins, I myself think that the trendmark of bitcoin in the future is not just about anonymity..

Of course that's called the 'old switcheroo'

First bitcoin told everybody it was private, anonymous, and safe, 2009->2014



But now that's its worth real money, people are willing to give up all things they were promised, ...

It will not be long that you give up the value, as well this is the way of the GOV, once your give up your freedom and privacy, then they can take anything they wish,

[red023]

Bitcoin will never ever be private. And I am frankly disgusted by the fact the coins like Monero are not at #1 by now. I mean would you like to share all your Bank funds and transactions with the public. Bitcoin is almost like that. There are companies who specialize in tracking BTC and they pretty much can tell on what Exchange you bought your first BTC with Cash. Unless you made some local "private" transaction with some dude. And you did not admit it.

Yes there are "Mixing services" that glady take your money but its all just crappy patches for a flawed system. This is what especially got me angry and Craig Wright when he said he is against privacy because supposedly is only for kiddie porn people. What a Ahole this guy is. I mean I did not think he was Satoshi before but that sealed the deal for me.

I am actually not educated on what privacy things the BCH people plan or discussed to implement but there was something.

There are plenty of privacy coins out there, most have build in the ZeroCoin standard but AFAIK Monero is doing something different. And me following up in their history and stuff (not a expert at all) I think Monero is the best privacy coin right now. Serious dark markets use it for a reason. And no that is NOT a bad sign. Governments close in on  people even even in western countries now. One day we will probably all be happy do be able use private coins and say a big FU to goverments. And silly me thought that is what BTC was all about. Now its just a centralized mess controlled by a few mining pools. The sad thing is just how almost 1:1 linked all the alts are to BTC, stablecoins aside.

And what fucking coin has a shot at #1 fucking Ripple. A coin made for and by the fucking Banks. People have really learned nothing!

WOW 100% correct dude, but you are aware that MONERO is compromised right? Their encryption scheme was deliberately weakened by the NSA, so if they want, they can.

Even Zencash, (Z-family like you mention), not really 'anonymous' because if you mine, or run a server you must supply them a public address, so the z-addr(anonymous mode) are really only useful self2self, what good is that?

The problem is BITCOIN was compromised long ago by GOV(NSA,...) and that's why they will not give us real anonymity of in&out

The problem is all z-cash also has been compromised, hell even zencash is a US-NAVY-INTEL project, not unlike 4chan,

The problem here is that 100% of everything is compromised, and yet we're still told 24/7 here on this forum "You don't need to be anonymous', 'Only ppl who look at CP need anonymity'

Hell I can think of 10k reasons to be anon, one is a vindictive ex-wife, but the PC crowd that runs CORE would never let that happen, in fact they want to make it easier for vindictive wives to get 100% of a guys assets, ... blah-bah

Or like WIKILeaKS, it should be easy to give them money without your bank ( gov/irs ) knowing, but the fact is the system is wired so they know

Worst of all is the assholes on this site saying "It's ok to give up your anonymity, if you can get rich with BTC", this is like a horror movie "THEY LIVE", where people sell out other humans so they can be 'rich'.

Damn I made so many typos in that post, corrected a few now. So if you make all this claims you should back that up with credible sources and facts. I have a conspiracy mindset as well but I came to my senses some years ago when I realized I need to stop listening to people like Alex Jones who make shit up every single day. You sound a bit like him when you list all this "this that compromised by XXX" every coin another agency lol.

I know that Monero HAD a POTENTIAL security flaw some time ago that has never been proven that someone actually used that exploit as it was still incredibly hard to do. I read articles about it that totally over-blew this. And this was long fixed of course. They are constantly at the cutting edge of privacy as far as I can tell. So again please back up your claims. Just guessing you read some conspiracy blog that just claimed NSA did this and that with Monero without any actually provable facts to back that up but I am really HAPPY to change my mind! Also I think its the case if you were compromised at the time as in transactions read by the "NSA" all you need to do know is move it to a new address. I am just kind if making this up (or not) I do not want to sound like I am a Monero expert. Happy to get educated or whatever was/is up with Monero. Just to lazy to research right now.

As for the other coins I can't really tell much but I think ZeroCoin is a bit like mixing. I seen it on some MN coin wallets there is section that is prefixed with z where you can "create/move" your public coins to so they are then anonymous. What better is if you have stealth addresses and everything build into a coin by default, by design and from scratch and that is what Monero was doing all along. And I know they had chain fork(s)? https://www.ccn.com/monero-forks-bulletproofs-integration-kicks-off-new-era-of-privacy-speed/ (not claiming this site is any good just more or less random) to improve the privacy and they never stagnate like BTC that pretty much refused to do anything groundbreaking. And Monero is also anti ASIC mining and THAT is really something. I almost forgot about this. Everyone who clains BTC is decentralized is a fool! If course you can also build a large CPU or GPU farm somewhere in China or wherever. CPU and GPU mining is not perfect but still it makes coins much more decentralized. That is why I love everything about Monero. In fact I should move all my coins into it right now but I am planning on becoming something like a weektrader and I think I just have to be more in BTC or ETH to trade alts against them. Sadly this is also the reason BTC attracts so many people because its a undeniable fact that its marketcap is simply dominating so everything is traded against it.

Again I wish a privacy coin would be #1. It has been reported that only like 800 people filed their taxes on BTC in the US in 2017 I THINK Naomi Brockwell told something like that where I got that from. You wait and they will come for you. And you guys in the US are the first so good luck! The banks are not going to give up and they already have their shitcoin on #2 so in that sense I still root for BTC to stay #1 because XRP is worse. And here I am active on this forum without a VPN or Tor on ... I guess we all are fools

Funny thing is if so many people to not care about privacy why did you not go ahead and file you taxes for BTC gains? I mean not now when its crashing I mean of those lucky guys who got in in 2016 or earlier like me I just tanked so much money in MN coins that ranged from flat out scams to failing coins and I moved into stablecoins out of fear at the wrong times. But this is still just a experiment for me overall I SHOULD be still cool with it. But I am beating my head against the wall just just selling and getting out of crypto or move everything into a stablecoin when BTC was at $19000. I stress myself out to much over crypto in this crash times. I should focus more on my job instead.