jendn
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Activity: 90
Merit: 10
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July 13, 2014, 10:38:42 AM |
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voting on m 12#
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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saffroncoin (OP)
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July 13, 2014, 11:49:02 AM |
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I am posting an update on our progress:
The client is almost ready for SFRBit, we are now the downloading the entire Bitcoin Blockchain on a separate node that processes SFRBit transactions. In the time it is taking to download the Blockchain, we thought of working on anonymity.
We could very well have our anon feature "SFRSend" alongwith SFRBit in the next wallet update. We can't confirm this yet but we are working on it.
Our implementation of anon is pretty good because we would not be needing a hardfork. The transactions will be anonymized only if you use the wallet not the rpc commands.
Your transaction will be bounced on many nodes thus making it difficult to track the sender. Your amount will also be split to multiple nodes and sent to your destination address in small parts. All this could take about 1-2 hours for your entire amount to reach the destination. It depends on the amount of cycles you choose to anonymize your transaction. The more cycles you choose, the more difficult it would be to track but would also take longer to reach your destination.
We are thinking of implementing "Stealth disposable addresses" for you to anonymize your transactions. You can use those addresses only once. It is like use and throw.
We can confirm in detail on this only after a few days after we successfully test SFRBit.
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vint
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July 13, 2014, 12:10:35 PM |
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I am posting an update on our progress:
The client is almost ready for SFRBit, we are now the downloading the entire Bitcoin Blockchain on a separate node that processes SFRBit transactions. In the time it is taking to download the Blockchain, we thought of working on anonymity.
We could very well have our anon feature "SFRSend" alongwith SFRBit in the next wallet update. We can't confirm this yet but we are working on it.
Our implementation of anon is pretty good because we would not be needing a hardfork. The transactions will be anonymized only if you use the wallet not the rpc commands.
Your transaction will be bounced on many nodes thus making it difficult to track the sender. Your amount will also be split to multiple nodes and sent to your destination address in small parts. All this could take about 1-2 hours for your entire amount to reach the destination. It depends on the amount of cycles you choose to anonymize your transaction. The more cycles you choose, the more difficult it would be to track but would also take longer to reach your destination.
We are thinking of implementing "Stealth disposable addresses" for you to anonymize your transactions. You can use those addresses only once. It is like use and throw.
We can confirm in detail on this only after a few days after we successfully test SFRBit.
Thank you! Please keep us informed!
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jendn
Member
Offline
Activity: 90
Merit: 10
Myth
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July 13, 2014, 12:39:47 PM |
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I am posting an update on our progress:
The client is almost ready for SFRBit, we are now the downloading the entire Bitcoin Blockchain on a separate node that processes SFRBit transactions. In the time it is taking to download the Blockchain, we thought of working on anonymity.
We could very well have our anon feature "SFRSend" alongwith SFRBit in the next wallet update. We can't confirm this yet but we are working on it.
Our implementation of anon is pretty good because we would not be needing a hardfork. The transactions will be anonymized only if you use the wallet not the rpc commands.
Your transaction will be bounced on many nodes thus making it difficult to track the sender. Your amount will also be split to multiple nodes and sent to your destination address in small parts. All this could take about 1-2 hours for your entire amount to reach the destination. It depends on the amount of cycles you choose to anonymize your transaction. The more cycles you choose, the more difficult it would be to track but would also take longer to reach your destination.
We are thinking of implementing "Stealth disposable addresses" for you to anonymize your transactions. You can use those addresses only once. It is like use and throw.
We can confirm in detail on this only after a few days after we successfully test SFRBit.
Time can prove the value of SFR
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TizeN85
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July 13, 2014, 01:23:13 PM |
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Continue the good work dev!
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vipin.khatri20
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July 13, 2014, 01:56:25 PM |
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Dev is it possible to send and receive money just by alias. Everybody has unique alias. Don't you think the time taken in this method is too much? If we have to make a fast payment like in a coffee shop, we can't use this method and our financial position will not be a secret anymore.
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jdebunt
Legendary
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Activity: 1596
Merit: 1010
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July 13, 2014, 02:50:05 PM |
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cryptoholic11
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July 13, 2014, 02:56:27 PM |
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Thank you devs for the updates, cant wait for the release! And thanks Jean for the article! Keep up the good work.
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saffroncoin (OP)
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July 13, 2014, 03:04:26 PM |
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Dev is it possible to send and receive money just by alias. Everybody has unique alias. Don't you think the time taken in this method is too much? If we have to make a fast payment like in a coffee shop, we can't use this method and our financial position will not be a secret anymore.
Aliases can't be embedded in the blockchain. We could provide a centralized service where you can send coins only by knowing the person's alias. But even then the transactions have to be mixed and included on the blockchain for it to reach the recipient. But providing alias could give greater anonymity but the time taken would be the same. It can be faster if you choose lesser mixing cycles like 1 or 2. That would take about 10 mins to reach. This is normal. Just the way anonymity works.
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vipin.khatri20
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July 13, 2014, 03:12:26 PM |
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Dev is it possible to send and receive money just by alias. Everybody has unique alias. Don't you think the time taken in this method is too much? If we have to make a fast payment like in a coffee shop, we can't use this method and our financial position will not be a secret anymore.
Aliases can't be embedded in the blockchain. We could provide a centralized service where you can send coins only by knowing the person's alias. But even then the transactions have to be mixed and included on the blockchain for it to reach the recipient. But providing alias could give greater anonymity but the time taken would be the same. It can be faster if you choose lesser mixing cycles like 1 or 2. That would take about 10 mins to reach. This is normal. Just the way anonymity works. I agree that it works like that but if you are able to solve these problems of anonymity ours can be best one. If you can come up with some solution for : 1. The time taken for a transaction and 2. Receiving payment without loosing financial privacy(which is possible with alias). Our anonymity feature can become number one, if it is possible.
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saffroncoin (OP)
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July 13, 2014, 03:20:14 PM |
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Dev is it possible to send and receive money just by alias. Everybody has unique alias. Don't you think the time taken in this method is too much? If we have to make a fast payment like in a coffee shop, we can't use this method and our financial position will not be a secret anymore.
Aliases can't be embedded in the blockchain. We could provide a centralized service where you can send coins only by knowing the person's alias. But even then the transactions have to be mixed and included on the blockchain for it to reach the recipient. But providing alias could give greater anonymity but the time taken would be the same. It can be faster if you choose lesser mixing cycles like 1 or 2. That would take about 10 mins to reach. This is normal. Just the way anonymity works. I agree that it works like that but if you are able to solve these problems of anonymity ours can be best one. If you can come up with some solution for : 1. The time taken for a transaction and 2. Receiving payment without loosing financial privacy(which is possible with alias). Our anonymity feature can become number one, if it is possible. Your second point can certainly be implemented. Thanks for that suggestion. But we will keep that as an option for users. Since they have to pair their SFR address with an alias which is stored on our server and routed from our server. So bit of centralization in that but it provides even more anonymity since you do not need an address to send coins. Just an alias. We will keep both options open. It can be an even more anonymous SFRSend.
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vipin.khatri20
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July 13, 2014, 03:23:03 PM |
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Thank you dev, yeah I hope option will be good and we already have unique alias for SFRMS, so we don't have to register a new one. Best of luck.
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charles33200
Newbie
Offline
Activity: 52
Merit: 0
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July 13, 2014, 05:28:38 PM |
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On a side note, I hope everybody is ready for the releases this coming week!
Charles, are you working on a MacWallet too?
Hi, I'm waiting the code to compile the mac wallet.
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saffroncoin (OP)
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July 13, 2014, 05:34:37 PM |
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On a side note, I hope everybody is ready for the releases this coming week!
Charles, are you working on a MacWallet too?
Hi, I'm waiting the code to compile the mac wallet. Now many more features from the multi-tasking wallet will be included in the classic wallet such as block statistics, SFRBit, SFRSend. Charles can you have the qmake compiled with webkit ready in a couple of days? I will send you both the wallets codes before release. The multi-tasking wallet needs qmake to be compiled with webkit support. Webkit causes a headache to many. It took me some time to first compile it a month back. I am not sure how long it could take on a MAC.
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SwedishGirl
Sr. Member
Offline
Activity: 392
Merit: 250
Looking for shmexy coins!
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July 14, 2014, 11:46:35 AM |
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I am posting an update on our progress:
The client is almost ready for SFRBit, we are now the downloading the entire Bitcoin Blockchain on a separate node that processes SFRBit transactions. In the time it is taking to download the Blockchain, we thought of working on anonymity.
We could very well have our anon feature "SFRSend" alongwith SFRBit in the next wallet update. We can't confirm this yet but we are working on it.
Our implementation of anon is pretty good because we would not be needing a hardfork. The transactions will be anonymized only if you use the wallet not the rpc commands.
Your transaction will be bounced on many nodes thus making it difficult to track the sender. Your amount will also be split to multiple nodes and sent to your destination address in small parts. All this could take about 1-2 hours for your entire amount to reach the destination. It depends on the amount of cycles you choose to anonymize your transaction. The more cycles you choose, the more difficult it would be to track but would also take longer to reach your destination.
We are thinking of implementing "Stealth disposable addresses" for you to anonymize your transactions. You can use those addresses only once. It is like use and throw.
We can confirm in detail on this only after a few days after we successfully test SFRBit.
Oh, this dev is so sexy!
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jendn
Member
Offline
Activity: 90
Merit: 10
Myth
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July 14, 2014, 12:06:19 PM |
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I am posting an update on our progress:
The client is almost ready for SFRBit, we are now the downloading the entire Bitcoin Blockchain on a separate node that processes SFRBit transactions. In the time it is taking to download the Blockchain, we thought of working on anonymity.
We could very well have our anon feature "SFRSend" alongwith SFRBit in the next wallet update. We can't confirm this yet but we are working on it.
Our implementation of anon is pretty good because we would not be needing a hardfork. The transactions will be anonymized only if you use the wallet not the rpc commands.
Your transaction will be bounced on many nodes thus making it difficult to track the sender. Your amount will also be split to multiple nodes and sent to your destination address in small parts. All this could take about 1-2 hours for your entire amount to reach the destination. It depends on the amount of cycles you choose to anonymize your transaction. The more cycles you choose, the more difficult it would be to track but would also take longer to reach your destination.
We are thinking of implementing "Stealth disposable addresses" for you to anonymize your transactions. You can use those addresses only once. It is like use and throw.
We can confirm in detail on this only after a few days after we successfully test SFRBit.
Oh, this dev is so sexy! +1111 This coin has a great value in the future, each change with devs of hard work
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saffroncoin (OP)
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July 14, 2014, 02:07:50 PM |
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Hitbtc looks like a good exchange and they have added us to their voting list. No registration reqd. All are free votes. Do vote: https://hitbtc.com/vote
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SwedishGirl
Sr. Member
Offline
Activity: 392
Merit: 250
Looking for shmexy coins!
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July 14, 2014, 02:17:26 PM |
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Hitbtc looks like a good exchange and they have added us to their voting list. No registration reqd. All are free votes. Do vote: https://hitbtc.com/voteWe are doing awesome on the Mintpal voting. If we can keep this pace it's 100% sure we will be added before the deadline (7 weeks still remaining I believe).
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saffroncoin (OP)
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July 14, 2014, 02:18:36 PM |
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Hitbtc looks like a good exchange and they have added us to their voting list. No registration reqd. All are free votes. Do vote: https://hitbtc.com/voteWe are doing awesome on the Mintpal voting. If we can keep this pace it's 100% sure we will be added before the deadline (7 weeks still remaining I believe). Haha yea but i would really like it if they add us by themselves.
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SwedishGirl
Sr. Member
Offline
Activity: 392
Merit: 250
Looking for shmexy coins!
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July 14, 2014, 02:37:41 PM |
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Hitbtc looks like a good exchange and they have added us to their voting list. No registration reqd. All are free votes. Do vote: https://hitbtc.com/voteWe are doing awesome on the Mintpal voting. If we can keep this pace it's 100% sure we will be added before the deadline (7 weeks still remaining I believe). Haha yea but i would really like it if they add us by themselves. Me too but they seam to busy adding the next P&D coin before Bittrex does it
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