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Author Topic: how does silk road's mixing system work?  (Read 1326 times)
paulie_w
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July 10, 2012, 05:41:13 PM
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has anyone researched that and/or made any informed speculation about it?
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opticbit
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July 10, 2012, 09:21:14 PM
 #2

there is some speculation on bitcointalk, i can't think of specific threads, along with the silkroad forum.

some have speculated BS&T is related.

Set up the same thing..
http://bit.ly/btcrefs
Get more bitcoins.
paulie_w
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July 10, 2012, 09:26:21 PM
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there is some speculation on bitcointalk, i can't think of specific threads, along with the silkroad forum.

some have speculated BS&T is related.

BS&T?
opticbit
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July 10, 2012, 09:56:00 PM
 #4

there is some speculation on bitcointalk, i can't think of specific threads, along with the silkroad forum.

some have speculated BS&T is related.

BS&T?

Bitcoin Savings and Trust, Pirate40 is running it.
earn upto 7% per week.

others are speculating its a ponzi.

it can't be kept up for ever but its good while it lasts.

from what pirate has said, he's doing off the books exchanges with large cash investors.

Set up the same thing..
http://bit.ly/btcrefs
Get more bitcoins.
Raoul Duke
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July 10, 2012, 10:04:42 PM
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from what pirate has said, he's doing off the books exchanges with large cash investors.

But, AFAIK, Silk Road only holds BTC... Where does the cash fits on Silk Road mixing system?

kangasbros
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July 10, 2012, 10:44:04 PM
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It is probably just standard bitcoind daemon, I see no reason for any special mixing algorithm. The standard bitcoind selects output addresses pretty randomly (however it optimizes for the transaction size, I think).

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July 11, 2012, 01:49:50 PM
 #7

there is some speculation on bitcointalk, i can't think of specific threads, along with the silkroad forum.

some have speculated BS&T is related.

BS&T?

Bitcoin Savings and Trust, Pirate40 is running it.
earn upto 7% per week.

others are speculating its a ponzi.

it can't be kept up for ever but its good while it lasts.

from what pirate has said, he's doing off the books exchanges with large cash investors.

Interesting. That's exactly what Ginko Bank in SecondLife said they did to explain paying their high interest rate.

opticbit
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July 12, 2012, 07:59:14 AM
 #8


from what pirate has said, he's doing off the books exchanges with large cash investors.

But, AFAIK, Silk Road only holds BTC... Where does the cash fits on Silk Road mixing system?

SR has some hedge system to deal with the bitcoin fluctuations.  would be nice if this feature was open sourced and brought to the surface web, I haven't seen it on any of the btc auction sites.

Set up the same thing..
http://bit.ly/btcrefs
Get more bitcoins.
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