gwern comments on Bitcoin Cryonics Fund - Less Wrong

7 Post author: lsparrish 14 April 2013 05:59AM

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Comment author: gwern 14 April 2013 08:17:34PM 1 point [-]

Well, good luck. I don't know a lick of C++ or real crypto coding, so as interesting as I find it all to read and watch and write essays about, don't expect any help from me. I hope you succeed in getting some of the features in more general use.

But this system (or an equivalent or superior one) isn't accepted and likely will not be for at least several years. An alternate currency could do it today.

But also risks there being some minor problem with the unpublished Zerocoin proposal which de-anonymizes everyone who ever uses the functionality. Since laundries/mixes currently seem to be working pretty well, it's better to be conservative and get it right, than push for it to be implemented right now and in 2 years, watch every transaction be de-anonymized.