dr.fred on Nostr: satoshi nakamoto wrote: "The necessity to announce all transactions publicly ...
satoshi nakamoto wrote:
"The necessity to announce all transactions publicly
precludes this method, but privacy can still be maintained by breaking the flow of information in
another place: by keeping public keys anonymous. The public can see that someone is sending
an amount to someone else, but without information linking the transaction to anyone. This is
similar to the level of information released by stock exchanges, where the time and size of
individual trades, the "tape", is made public, but without telling who the parties were."
this has nothing to do with bitcoin.
it describes what monero does.
Published at
2023-06-18 21:53:24Event JSON
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"created_at": 1687125204,
"kind": 1,
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"content": "satoshi nakamoto wrote:\n\n\"The necessity to announce all transactions publicly\nprecludes this method, but privacy can still be maintained by breaking the flow of information in\nanother place: by keeping public keys anonymous. The public can see that someone is sending\nan amount to someone else, but without information linking the transaction to anyone. This is\nsimilar to the level of information released by stock exchanges, where the time and size of\nindividual trades, the \"tape\", is made public, but without telling who the parties were.\"\n\nthis has nothing to do with bitcoin.\n\nit describes what monero does.",
"sig": "1f7d7ab426ad78899a7a068ccd13677c528b7669a5f0a39ea5c9335f09088b5a298af5fba433d682497ddd15f90d468e1733f29c089f87308255475d49642327"
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