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RE: "I Got Downvoted!?! It's Not Fair! Can You Help Me???"

in #steem6 years ago

Are you essentially saying it would be better if all post values were kept secret until they pay out 7 days later?

I think that the most important thing is to have account balances hidden, since those amounts are largest and will become the most visible when Steem hit's $480 (this is a guess based upon SMT's having roughly the equivalent network effect that the ICO's had on Ethereum in 2017) sometime post 2020. The payouts of a post aren't necessarily proof of wealth so that's less problematic.

I would prefer a coin mixing strategy like coinjoin or mimblewimble or some hybrid method of separation of accounts so that account doesn't necessarily equal identity (except at the time of voting which would be known from a private hash that would sum all of the accounts). I'm at a disadvantage though when it comes to Steem because I don't know much about the differences between Steem and Bitcoin and whether this would be doable without breaking lots of legacy code. I do know the general differences between PoW and PoS and DPoS.

I've only been in this field since finishing my last project in late 2016, then after some research bought my first bitcoin on Valentines day 2017. Studied Mastering Bitcoin by AA and am in Ivan Liljeqvist's blockchain coding academy. I was interested in cryptography in the 90's but not anything financially related. I'm semi-retired now and taking care of an elderly parent.

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If privacy functionality and coin-tumbler type features were added to the Steem blockchain, I'd be all about it. At the same time, I don't think Steem is somehow broken without it at this stage. Even right now, people can move their money off and then move it back on to alt accounts (or sell it or whatever). For example, Ned recently moved a million dollars off his account. He could just as easily move it back to an account named xwerh9fsankwefin1 (or multiple accounts) and none of us would know.

Yes, and if you never post or vote with it, then that works, but it also necessitates low SP for safety in voting which isn't good for the minnows. Chain analysis of voting patterns could out your other ID's if you don't make significant changes in your interests, following, etc...

I just thought of the possibility of delegating SP from your anonymous account... also a bit problematic if a relationship can be established between the two accounts (IP address, etc).

So you recognize that STEEM can be anonymous. It sounds like you want your cake and to eat it too. If the account is going to be social, then it can't be anonymous. Now we're back to my original point that this is a social blockchain, not a privacy coin. The beauty is, you can use it however you like.

So you recognize that STEEM can be anonymous.

Of course, but it's not ideal. Even the most skilled IT security expert will eventually make a mistake and out themselves in the current environment. AA has said that we shouldn't make this mistake again and insist on base layer encryption. Now we're paying the price for not doing it in the early 90's. If we continue to make the same mistake with crypto this time, book of revelation consequences will ensue.

If the account is going to be social, then it can't be anonymous.

Back in the early to mid 90's most of us didn't feel the need to attach our real names to our online activity and this was the norm. Do you remember IRC? This idea of the current social web is a trap set up by the likes of Mark Zuckerberg who has been selling us out. This is why I don't use FB or Twitter.

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