[Bitcoin-development] questions about bitcoin-XT code fork & non-consensus hard-fork

[Sean Lynch]

On Sun, Jul 5, 2015 at 10:41 PM Juan <juan.g71 at gmail.com> wrote:

> On Mon, 06 Jul 2015 11:39:00 +1000
> "James A. Donald" <jamesd at echeque.com> wrote:
>
>
> >
> > Way back in the beginning I said an ever growing block chain would
> > cause unacceptable costs and inconvenience, and lo and behold, it is
> > causing substantial and ever growing costs and inconvenience.
> >
>
>         But look at the bright side! Every single transaction gets
>         recorded and stored, until jesus destroys the universe (it's in
>         the bible). What else can privacy advocates wish for?
>
>
Transparency is also useful, and privacy can be built on top of it through
the use of, say, Chaumian e-cash backed by a blockchain-based
cryptocurrency. It's a lot easier for the issuing organization to prove
that it has a certain amount of Bitcoin than a certain amount of gold.
E-gold and even one of the gold ETFs have been accused of double-counting.
And if you're using Tor to connect to the network and break up your
transactions, it's pretty easy to obfuscate, even without ZeroCoin, and
ZeroCoin just fixes the whole problem.
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