Newest idea for a bitcoin fork/split Anonymity

in #bitcoin7 years ago (edited)

We got bitcoin cash, bitcoin gold
bitcoin cash= increased block size
bitcoin gold= got rid of asics
My newest idea for a fork is bitcoin shadow or something like that
Basically bitcoinshadow(or something symbolizing hiding) will be anonymous form of bitcoin

It can do these thing to add anonymity can include all of them(if possible aka i have no idea about the zerocoin protocol working with my other ideas)
A. Add zerocoin protocol

Here how zerocoin worked=
The coin has two layers: Zcoin (the base layer) and Zerocoin (the anonymized layer). The base layer works similarly to Bitcoin, but it is the Zerocoin layer where the anonymizaton occurs. From the wallet, you can “mint and spend” Zerocoins. The process of minting is where your Zcoin is converted into Zerocoin. Your old Zcoin, with a long transaction history, is effectively replaced with Zerocoin. This then lets you to be able to “spend” the Zerocoin by converting it back to a clean Zcoin with no transaction history(in the blockchain). Here is a simple analogy from Zcoin:
You can think of the Zerocoin layer as a form of coin laundry where you will put in your existing ‘dirty‘ coins (that have a long transaction history) and then redeem new ‘clean‘ coins that appear to be brand new and have no prior transaction history. Unlike other coin mixing solutions, Zerocoin does not rely on trust of other people you’re mixing with and is built directly into Zcoin’s protocol.
Source= https://coinpupil.com/altcoins/zcoins-anniversary-make-unique/
Why zerocoin= The zerocoin protocol was designed to be put on the bitcoin chain and can be put on any coin(in theory)
Hence why putting the zerocoin protocol in the fork code would be easier. Just replace every word with bitcoin shadow=zcoin and bitcoin zero shadow= zerocoin
It be much easier than adding zk-SNARKs for the code to add zerocoin protocol to bitcoin was already made :)
Idk if it can work with my other ideas :)

B. zk-SNARKs
Apparently read somewhere it possible to add zk-SNARKs to bitcoin so bitcoin shadow can use it just do not make a backdoor get the reference ;)
Go read about how it works on zcash here= https://z.cash/technology/zksnarks.html

C. A masternode activated by default for that the only going for it :)
The bitcoin shadow coin will be basically be a node that holds a certain amount of coins to be mixed in a coinjoin system. Masternodes are popular and forking off bitcoin will give a lot of masternoders lowering supply :)
If made it had to be activated by default in every transaction for no InstantSend
How can node be payed um...increasing supply by 16 million and following dash distribution or nodes get paid 40-60% of the fees

D. Dandelion and Tumblebit protocol over the lighting network
What? This fork is over anonymity right?Why lightning network? The lighting network is much more it can do anything:) Do not take this literally
Read about dandelion here= https://news.bitcoin.com/dandelion-bitcoin-anonymize-transaction-broadcasts/
tumblebit= https://bitcoinmagazine.com/articles/better-bitcoin-privacy-scalability-developers-are-making-tumblebit-reality/
Since lighting network pretty much can be added to any coin it good
Lets good over what can be merged 4 ideas More :)= better

  1. zerocoin protocol :) :)
  2. zk-SNARKs+ coinjoin node+Dandelion and Tumblebit :) :) :) :)
  3. Coinjoin node+Dandelion and Tumblebit :) :) :)
  4. Dandelion and Tumblebit :)

This idea is for humor but can be done. If it done you know i won't mind you know getting some coins ;)

Resteem you liked this :)

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Corrected! The source was cited!

Well cited the source :)

Those are some interesting ideas for bitcoin. Thanks for sharing will be following you :)

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My understanding is that Monero provides complete anonimity, and there are a few others out there. But i understand there should be a bitcoin fork with the same property.

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