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Jeremy Spilman [ARCHIVE] /
npub10et…c727
2023-06-07 15:11:32
in reply to nevent1q…5s6d

Jeremy Spilman [ARCHIVE] on Nostr: 📅 Original date posted:2014-01-08 📝 Original message:> > 2) Common prefixes: ...

📅 Original date posted:2014-01-08
📝 Original message:>
> 2) Common prefixes: Generate addresses such that for a given wallet they
> all share a fixed prefix. The length of that prefix determines the
> anonymity set and associated privacy/bandwidth tradeoff, which
> remainds a fixed ratio of all transactions for the life of the
> wallet.
>

Interesting thought to make the privacy/bandwidth trade-off using
vanitygen and prefix filters.

But doesn't this effectively expand the universe of potential spies from
'the global attacker' who is watching your SPV queries, to simply 'the
globe' -- anyone with a copy of the blockchain?

Some stats on UTXO set size: (slightly stale -- as of block 270733)

7.4m unspent outputs
2.2m transactions with unspent outputs
2.1m unique unspent scriptPubKeys
Side note: the top 1,000 scriptPubKeys have 10% of all unspent outputs.

Let's say you use an 8-bit prefix (1/256) that would be ~10,000
transactions in the UTXO you would be monitoring. But if I knew a few
different days / time-periods you transacted, I could figure out your
prefix.

Of course, anyone you transact with would know your prefix outright.

Wouldn't this also allow obvious identification of spend versus change
addresses in a transaction?
Author Public Key
npub10etkvm8l0jr0jsgdx02dxnhnu5g989dnca90guj5rklwkaplnh3sgjc727