As it stands truly anonymous and private transactions on Bitcoin are apparently impossible.
Not true. There are many, many schemes that can be built into the protocol or on top of it to make transactions anonymous. Rather than hastily choosing one, it's probably better to wait for a really good scheme to surface.
If we have to wait for a scheme to surface, that does maen that as it stands truly anonymous and private transactions on Bitcoin are currently impossible, right?
Right now, you and I and our friends could sign our transactions so that nobody can tell which outputs correspond to which inputs. What's missing is that it's not widely distributed in a major client where everyone will partake by default.
Until then, it's opt-in, a hassle, with a small pool of anonymity. But "impossible" isn't the word I'd use to describe the scenario.
There are many, many schemes that can be built into the protocol or on top of it to make transactions anonymous.
So as it stands truly anonymous transactions are impossible. The possibility to make that not true doesn't negate the fact that today bitcoin is in no way a private way of transferring money.
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Not true. There are many, many schemes that can be built into the protocol or on top of it to make transactions anonymous. Rather than hastily choosing one, it's probably better to wait for a really good scheme to surface.
https://bitcointalk.org/index.php?topic=241.0
If we have to wait for a scheme to surface, that does maen that as it stands truly anonymous and private transactions on Bitcoin are currently impossible, right?
Right now, you and I and our friends could sign our transactions so that nobody can tell which outputs correspond to which inputs. What's missing is that it's not widely distributed in a major client where everyone will partake by default.
Until then, it's opt-in, a hassle, with a small pool of anonymity. But "impossible" isn't the word I'd use to describe the scenario.
So as it stands truly anonymous transactions are impossible. The possibility to make that not true doesn't negate the fact that today bitcoin is in no way a private way of transferring money.