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What feature to add after Monetary System
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Come-from-Beyond

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What feature to add after Monetary System
« on: May 29, 2014, 09:29:29 am »

What feature to add after Monetary System?

Phasing - part of Account Control, can be used like Multisig, includes 2-phase payments.
Mixing - mixing based on CoinShuffle approach.
Service Providing - will allow to provide off-chain services for subscription payments (or for free).
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ChuckOne

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Re: What feature to add after Monetary System
« Reply #1 on: May 29, 2014, 09:33:39 am »

About phasing:

Why only 2 phases? Can it be used to cascade to n phases?
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Come-from-Beyond

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Re: What feature to add after Monetary System
« Reply #2 on: May 29, 2014, 09:35:01 am »

About phasing:

Why only 2 phases? Can it be used to cascade to n phases?

If u add more than 1 supervising account.
Yes, cascading can be used.
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ChuckOne

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Re: What feature to add after Monetary System
« Reply #3 on: May 29, 2014, 09:36:23 am »

Alright.

Supervising sounds somewhat strange in terms of trust. Would not Escrow have better associations?
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Come-from-Beyond

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Re: What feature to add after Monetary System
« Reply #4 on: May 29, 2014, 09:39:54 am »

Alright.

Supervising sounds somewhat strange in terms of trust. Would not Escrow have better associations?

Imagine that one account belongs to a kid and two other accounts belong to his parents. Depending on settings the kid needs one or both the parents to approve his transactions. Escrow assumes that an escrow agent must be trusted. In Phasing trust is not necessary.
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Fatih87SK

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Re: What feature to add after Monetary System
« Reply #5 on: May 29, 2014, 09:40:53 am »

Ehmmmm I pick Phasing.

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Jacinto

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Re: What feature to add after Monetary System
« Reply #6 on: May 29, 2014, 09:59:11 am »

Phasing FTW.
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ThomasVeil

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Re: What feature to add after Monetary System
« Reply #7 on: May 29, 2014, 09:59:59 am »

How would mixing be implemented? Automatically for the user, like the privacy setting that was described by JL111 once?
Or would one have to send the coins specifically to the service?
...or am I completely mixing up the issues? :D
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ChuckOne

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Re: What feature to add after Monetary System
« Reply #8 on: May 29, 2014, 10:01:32 am »

Privacy is multi-layered. We need the technology first, after that we can talk about possible "Privacy Levels".
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Come-from-Beyond

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Re: What feature to add after Monetary System
« Reply #9 on: May 29, 2014, 10:02:14 am »

How would mixing be implemented? Automatically for the user, like the privacy setting that was described by JL111 once?
Or would one have to send the coins specifically to the service?
...or am I completely mixing up the issues? :D

I like jl777's idea.
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cc001

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Re: What feature to add after Monetary System
« Reply #10 on: May 29, 2014, 10:25:19 am »

we should get that privacy/anonymity thing implemented as soon as possible, as deep in the core as possible. It's not a "nice-to-have"-feature, but a "must-have". The earlier we get it, the better. It must be a base functionality of the complete Nxt ecosystem
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Nxter

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Re: What feature to add after Monetary System
« Reply #11 on: May 29, 2014, 10:31:01 am »

Phasing!
Lets be the first crypto with it!  :)
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abctc

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Re: What feature to add after Monetary System
« Reply #12 on: May 29, 2014, 10:34:26 am »

we should get that privacy/anonymity thing implemented as soon as possible, as deep in the core as possible. It's not a "nice-to-have"-feature, but a "must-have".

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rdanneskjoldr

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Re: What feature to add after Monetary System
« Reply #13 on: May 29, 2014, 10:45:08 am »

+1 to mixing if thats what brings Nxt closer to the privacy levels.
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bitcoinpaul

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Re: What feature to add after Monetary System
« Reply #14 on: May 29, 2014, 10:46:01 am »

I wonder if and how this mixing is connected to the latest discussions about different privacy levels.

If our starfish is drunk and swinging his arms without any coordination, we won't move forward.
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CryptKeeper

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Re: What feature to add after Monetary System
« Reply #15 on: May 29, 2014, 10:51:27 am »

Hm, privacy vs. security...

Can I vote for both? :-)
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cc001

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Re: What feature to add after Monetary System
« Reply #16 on: May 29, 2014, 10:53:24 am »

I wonder if and how this mixing is connected to the latest discussions about different privacy levels.

I don't know the exact technical implementation, but for my understanding those two are connected
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Come-from-Beyond

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Re: What feature to add after Monetary System
« Reply #17 on: May 29, 2014, 10:54:21 am »

Guys, u should understand that mixing doesn't provide 100% anonymity. Lawyers of ur wife won't be able to take 2/3 of ur cryptowealth but NSA still will be able to track u. None of the solutions (except maybe Zerocash) provide 100% protection.
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lucky88888

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Re: What feature to add after Monetary System
« Reply #18 on: May 29, 2014, 11:00:13 am »

phasing please! mixing is yesterday's news.
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abctc

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Re: What feature to add after Monetary System
« Reply #19 on: May 29, 2014, 11:13:28 am »

but NSA still will be able to track u.
- currently we only need to be no worse than darkcoin, anoncoin, XC and so forth.

After Zerocash become open source it would be possible to implement it in Nxt.
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