The problem with stealth addresses are that they are HELLA long. This would be an excellent utility in the Social X enviroment. Registering Redd-ID’s to these obnoxious address makes them feasible to use. Discuss.
ReddID + stealth address implementation would open up so many more options for Reddcoins privacy end game.
@FaithInReddcoin I think since reddID will not be obligatory that these kind of feature would not make much sense… Reddcoin is going for the open way ofcourse mantaining the pseudo-anonymous way like bitcoin. Merchant adoption is not a problem since the platforms change the receiving payment adresses for you.
After all is still a private change and you want some kind of proof… Services that could be using this parallel economy but they still like to have some prof.
People will have a lot to talk about this…
Shameless bump : D Anyone else have thoughts?
This thread is too quite.
Maybe everyone is pondering how will ReddID work and what it means for socialX and i guess tipping in general as it become more widely adapted
Not everyone will adopt ReddID
It is a very cool idea, and there seems to be a lot of potential associated with it
but consider the users who dont have a large cache of Reddcoins
Having or maintaining an ID might be prohibitively expensive according to how much coin they hold
But in a broad sense, we do need to have a sense of privacy (stealth)
- 100 people decided to tip me because i wrote few different articles or provided some service that was well received
- the value of those different tips range from 1 to 100000 rdd
- the balance of my TipJar will be between 100 to 10,000,000 rdd
Do i want people to know i have been tipped generously?? most likely
Do i want people to know the balance of my receiving address?? Not particularly