- Sep 7, 2015
I'm only about 1/3 through it - I skipped to the parts that interested me, but this seems thoroughly awesome. Very nice work.
I don't think "no fee" mixing is ever going to be practical or reliable.I love the fact that they have taken away the need for transaction fees. (The coin mixer in dark wallet for example, need transaction fees.) And it's more anonymous than Coinjoin.They write that:
There is always risk associated with having Bitcoins in a hot wallet.
This is fine. Fixing the price at zero by protocol isn't.Regardless, the competition will drive the mixing costs towards zero.