Dear bitcoin developers, trading arbitrary amounts of bitcoins makes it easier to trace who does what just by observing the amounts being traded, and where the residual money ends up: e.g. you can identify that obviously, the recurrent user of address A sent 2.5 bitcoins to the recurrent user of address B, keeping the rest of his money in A. If instead bitcoin users practice the discipline, enforced by the client software by default, of only keeping a power-of-two amount of satoshis in use-once wallets except where public donation addresses are meant, then tracing suddenly becomes much harder.
Whether this particular discipline is the best to implement or not, shouldn't bitcoin clients enforce SOME discipline that makes tracing harder? After all we know that uniformed goons are eager to watch who's trading with whom and to crack down on users. We shouldn't be making it easy for them, though this will mean slightly higher transaction cost. Merchants would then generate not one but a series of new addresses at each transaction, and the customer would send appropriately sized buckets of satoshis to each of the addresses. There should just be a standard way to specify an amount and a list of addresses as a target for payment, that merchants can communicate to customers (though that might require e.g. higher resolution QR codes). Has this idea already been considered before? Accepted or rejected? —♯ƒ • François-René ÐVB Rideau •Reflection&Cybernethics• http://fare.tunes.org Of course, Third World leaders love you. By ascribing third world ills to First World sins, you absolve them of blame for their countries' failure to advance. — John McCarthy ------------------------------------------------------------------------------ Introducing Performance Central, a new site from SourceForge and AppDynamics. Performance Central is your source for news, insights, analysis and resources for efficient Application Performance Management. Visit us today! http://pubads.g.doubleclick.net/gampad/clk?id=48897511&iu=/4140/ostg.clktrk _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
