A Warning Against Using Taint

[WishIStartedSooner]

well, i say use the taint if you want! it is not for us to impose our sexual preferences on others.

besides you naysayers shouldnt be so narrowminded. have u ever tried letting a girl lick the taint? it feels really good!

[louong]

8 pages of this and most of it is lost in the small details instead of the big picture, which is why this thread might have been created.

Why are we focusing on the effect, instead of the cause? What is the intention of this thread? To prevent stolen coins from being effectively used, right?

Why aren't we focusing on how to prevent thefts, period? Isn't that really the goal?

Instead of talking about a system that isn't workable based on fungibility, shouldn't we be talking about a way to implement a system that uses escrow and trust? Or some sort of way to prevent theft?

Let's stop focusing on the effect, and more so on the causes.

[mesquka]

strongly disagree with OP

[virtualmaster]

You introducing a system that imposes a form of taint does nothing to prevent theft but does make using Bitcoin a hassle for those who are innocent.

Therefore I do not support this and will vigorously reject any movement towards this initiative and any like it.

+1
A tainting system could be used to deanonymize all bitcoin owner. Anybody could claim that bitcoins from an address were stolen from him and now all tainted bitcoin owner would need to authorize themselves and reveal all their transactions to the police otherwise their bitcoins would be blocked. That would lead to subsequent malicious accusations and the authorities would feel legitimized to seize the half of the bitcoin supply worldwide. Finally bitcoin would crash.

[marcus_of_augustus]

You introducing a system that imposes a form of taint does nothing to prevent theft but does make using Bitcoin a hassle for those who are innocent.

Therefore I do not support this and will vigorously reject any movement towards this initiative and any like it.

+1
A tainting system could be used to deanonymize all bitcoin owner. Anybody could claim that bitcoins from an address were stolen from him and now all tainted bitcoin owner would need to authorize themselves and reveal all their transactions to the police otherwise their bitcoins would be blocked. That would lead to subsequent malicious accusations and the authorities would feel legitimized to seize the half of the bitcoin supply worldwide. Finally bitcoin would crash.

Precisely, it is a systemic vulnerability ... call it the "taint attack".