[bitcoin-dev] A thought experiment on bitcoin for payroll privacy

2020-10-03 Thread Mr. Lee Chiffre via bitcoin-dev
Lets pretend that I have a company. I'll call it cut throat industries. We are a box cutter testing firm. HR pays the employees biweekly Fridays. In the current way. Cut throat industries pays a single transaction with the company's treasury as the input and each employee payroll as an output.

[bitcoin-dev] Lightning - Is HTLC vulnerable? And mention of Channel Factories

2020-07-14 Thread Mr. Lee Chiffre via bitcoin-dev
Sorry. Re-sending with correction to CC bitcoin-dev I am sorry if this was already brought up in previous threads. If I know lightning network correctly then HTLC is used to enforce settlements on blockchain if there is a dispute. Could a person lose money if their HTLC does not get

Re: [bitcoin-dev] Tainting, CoinJoin, PayJoin, CoinSwap

2020-06-10 Thread Mr. Lee Chiffre via bitcoin-dev
Thought provoking. In my opinion bitcoin should be designed in a way to where there is no distinction between "clean" bitcoins and "dirty" bitcoins. If one bitcoin is considered dirty then all bitcoins should be considered dirty. Fungibility is important. And bitcoin or its users should not be

[bitcoin-dev] Question about PayJoin effectiveness

2020-06-10 Thread Mr. Lee Chiffre via bitcoin-dev
I am trying to learn about payjoin. I have a couple concerns on its effectiveness. Are my concerns valid or am I missing something? concern 1 If it is known to be a payjoin transaction anyone could determine the sender the recipient and amount right? Lets assume that everyone has a single utxo

Re: [bitcoin-dev] Design for a CoinSwap implementation for massively improving Bitcoin privacy and fungibility

2020-06-09 Thread Mr. Lee Chiffre via bitcoin-dev
> > === Combining multi-transaction with routing === > > Routing and multi-transaction must be combined to get both benefits. If > Alice owns multiple UTXOs (of value 6 BTC, 8 BTC and 1 BTC) then this is > easy with this configuration: > > Alice > (6 BTC) (8 BTC) (1 BTC) >

Re: [bitcoin-dev] Design for a CoinSwap implementation for massively improving Bitcoin privacy and fungibility

2020-06-09 Thread Mr. Lee Chiffre via bitcoin-dev
> Coinjoin on Monero can be > compared to ring signatures in Monero from the view of using decoys to > help conceal the source. From this proposal is this to say that > transactions will be at least 12 times larger in size to achieve the > property of privacy that bitcoin is currently missing? >

[bitcoin-dev] v3 onion services

2019-11-16 Thread Mr. Lee Chiffre via bitcoin-dev
Right now bitcoin client core supports use of tor hidden service. It supports v2 hidden service. I am in progress of creating a new bitcoin node which will use v3 hidden service instead of v2. I am looking at bitcoin core and btcd to use. Do any of these or current node software support the v3