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Luke-Jr [ARCHIVE] /
npub1dtr…7wrs
2023-06-07 15:06:27
in reply to nevent1q…5m0s

Luke-Jr [ARCHIVE] on Nostr: 📅 Original date posted:2013-08-21 📝 Original message:Faré, Let me start out by ...

📅 Original date posted:2013-08-21
📝 Original message:Faré,

Let me start out by noting that there are plenty of good ideas which could be
implemented, but haven't been yet, and might take a long time to get to. There
are only a couple handfuls of Bitcoin developers, and even fewer of us who are
able to work full-time on Bitcoin development. Perhaps surprisingly, even this
often isn't the bottleneck to new functionality: we have a terrible shortage
of testers, needed to make sure improvements don't break things in subtle
ways. So, while your ideas are appreciated, please keep in mind that it may
take time to add them, and you can help Bitcoin development much more by
aiding in testing currently-written-but-untested features.

With regard to your points made specifically, please note that addresses are
intended to be single-use only. Thus, the "recurrent user of address A/B" are
not using Bitcoin correctly already, which is why they are so easy to trace.
As far as keeping change amounts as powers of two, while I would personally
love to find a justification for power-of-two amounts, I don't see how this
would help privacy. I think it would actually hurt privacy, as change would
now be clearly identifiable. Furthermore, it would necessarily have to throw
away excess as a transaction fee - some users would be very upset with this.

As you suggest, it is of course already best practice for merchants (and
individuals!) to use a unique payment address for every transaction. Gavin's
payment protocol work has been making some great progress toward improving
usability for this. There is also a general consensus that Bitcoin-Qt's
"Receive coins" tab could be significantly improved to discourage address
reuse further. I don't believe it has been discussed to have merchants use
multiple addresses/coins for a single payment; that might be worth some
further discussion here as a privacy extension, but I don't think many would
consider it an urgent issue (it may help, but probably not enough to make it
worthwhile).

Luke


On Wednesday, August 21, 2013 3:39:12 AM Faré wrote:
> Dear bitcoin developers,
>
> trading arbitrary amounts of bitcoins makes it easier to trace who
> does what just by observing the amounts being traded, and where the
> residual money ends up: e.g. you can identify that obviously, the
> recurrent user of address A sent 2.5 bitcoins to the recurrent user of
> address B, keeping the rest of his money in A. If instead bitcoin
> users practice the discipline, enforced by the client software by
> default, of only keeping a power-of-two amount of satoshis in use-once
> wallets except where public donation addresses are meant, then tracing
> suddenly becomes much harder.
>
> Whether this particular discipline is the best to implement or not,
> shouldn't bitcoin clients enforce SOME discipline that makes tracing
> harder? After all we know that uniformed goons are eager to watch
> who's trading with whom and to crack down on users. We shouldn't be
> making it easy for them, though this will mean slightly higher
> transaction cost. Merchants would then generate not one but a series
> of new addresses at each transaction, and the customer would send
> appropriately sized buckets of satoshis to each of the addresses.
> There should just be a standard way to specify an amount and a list of
> addresses as a target for payment, that merchants can communicate to
> customers (though that might require e.g. higher resolution QR codes).
>
> Has this idea already been considered before? Accepted or rejected?
>
> —♯ƒ • François-René ÐVB Rideau •Reflection&Cybernethics•
> http://fare.tunes.org Of course, Third World leaders love you. By
> ascribing third world ills to First World sins, you absolve them of blame
> for their countries' failure to advance. — John McCarthy
>
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