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Your bank wire doesn't leak the balance of your account to the recipient. It is a new and unique problem with some cryptocurrencies. Of course, we have already
by throwaway84356 12y ago
Your bank wire doesn't leak the balance of your account to the recipient. It is a new and unique problem with some cryptocurrencies. Of course, we have already proposed solutions to problem this with ring signatures, stealth addresses, 'coinjoin', 'zerocash', 'TITAN', etc.
- icebraining 12y agoAs I wrote, you can simply move money around so that the final transfer doesn't reveal your original balance, e.g. if I have a balance on address A of 30 and I want to pay something that costs 4, I can just create multiple addresses where I move and subdivide the 30 until the last address only has a little over 4. The recipient has no sure way of knowing that the original address was mine - I might just have withdrawn from a service like Coinbase.
- deleted 12y ago[deleted]