The solution is to move away from Proof-of-Work based coins.
> Mining is moving to an industrial model, giant shipping containers
> full of gear that costs millions of dollars. Regulation by the state
> seems almost inevitable to me.
>
> So I think if the state and regulators can capture miners and force
> them to only clear transactions to registered addresses, what can a
> technology such as darkwallet do?
>
> This is a political fight, isn't it?
>
> The freedom to have an unregistered address (financial privacy) is
> either a basic human right, recognized by governments and citizens
> across the globe (and >51% of miners), or it isn't.
>
> If there is regulatory capture of the miners, my understanding is dark
> wallet could still provide obfuscation of FLOWS, even though balances
> would be transparent. So, the government could tax your bitcoin but
> they might not know where it came from. It's still more freedom than
> every flow being known and datamined.
>
>
>
>
>
>
>
>
>
> On Mon, Dec 23, 2013 at 9:58 AM, Amir Taaki <genjix@???> wrote:
>> Freezing BitCoin addresses by regulating miners, April 2011
>> https://bitcointalk.org/index.php?topic=5979.0
>>
>> "Whilst I think it's inevitable, this sort of legal framework would
>> ultimately be self regulating and so should not be feared. BitCoin is a
>> system for agreeing on a global consensus around the ordering of
>> transactions. If that consensus is truly a consensus then there will no
>> be real controversy over the freeze orders and few (or no) miners will
>> ignore them. Consider temporarily freezing the assets of Gadaffi or
>> Mubarak as examples."
>>
>> pushing blacklists from way back when.
>>
>> On 23/12/13 16:22, Thomas Hartman wrote:
>>> Short answer no, long answer barely.
>>>
>>> Node distribution of miners has some impact on centralization of power,
>>> which has implications for state and regulatory capture of bitcoin. And
>>> in the long run DW may want to lobby the miners to prioritize certain
>>> types of transactions.
>>>
>>> In the short run I think we don't need to think about mining.
>>>
>>> On Dec 22, 2013 10:02 PM, "Metatron YHVH" <metatrongone@???
>>> <mailto:metatrongone@gmail.com>> wrote:
>>>
>>> Is mining relevant here?
>>>
>>>
>>> On Sun, Dec 22, 2013 at 9:36 AM, Thomas Hartman
>>> <thomas@??? <mailto:thomas@standardcrypto.com>> wrote:
>>>
>>> Well, at least you posted some budget and a spec.
>>>
>>> You still hijacked the thread (3 threads) though. If you would at
>>> least start a new thread, it would be somewhat more socially
>>> acceptable.
>>>
>>> On Sun, Dec 22, 2013 at 8:49 AM, Metatron YHVH
>>> <metatrongone@??? <mailto:metatrongone@gmail.com>> wrote:
>>>> Bitcoins and RFID currency. I've got 7,692 USD to anyone who
>>> prove they are
>>>> different.
>>>>
>>>>
>>>> On Sun, Dec 22, 2013 at 7:47 AM, caedes <caedes@???
>>> <mailto:caedes@sindominio.net>> wrote:
>>>>>
>>>>> Hi!
>>>>>
>>>>> On 19/12/13 18:23, Mike Belshe wrote:
>>>>>> Hey Peter -
>>>>>>
>>>>>> I think this is a super list. A couple of thoughts:
>>>>>>
>>>>>> a) In the section on multi-sig and multi-factor, I think we
>>> can split
>>>>>> these apart. Multi-factor user authentication is very
>>> valuable and not
>>>>>> the same as multi-factor signing, which is a second level of
>>>>>> complexity. The multi-factor auth can be off-blockchain, e.g.
>>>>>> authenticating with SMS message to your phone or Google
>>> Authenticator
>>>>>> challenge. Given the state of malware today, I personally
>>> would
>>>>>> propose two requirements:
>>>>>> 1) wallets SHOULD use multi-factor authentication before
>>>>>> authorizing access to a wallet (e.g. view balances, addresses,
>>>>>> transactions, etc)
>>>>>> 2) wallets MUST use multi-factor auth before signing a
>>>>>> transaction. [note: I recognize that MUST might be too
>>> aggressive
>>>>>> right now, but I wouldn't use a wallet without it. this
>>> can also be
>>>>>> impractical for server-side wallets]
>>>>>
>>>>> Using multi-sig for multi-factor so the wallet needs to get some
>>>>> additional signatures (or even the keys can be somewhere
>>> else) can make
>>>>> 2factor more orthogonal to the whole thing specially since we
>>> need to
>>>>> support multisig spending, and other partial transaction
>>> fullfilling.
>>>>>
>>>>> We can still account for other 2fa schemes, but i'm thinking
>>> more of
>>>>> exploiting key signing itself and maybe bip32 wallet structure.
>>>>>
>>>>> I agee on uour requirements, but also think they might be too
>>> harsh for
>>>>> some uses I would require them myself so I could feel safe
>>> with my wallet.
>>>>>
>>>>>
>>>>>>
>>>>>> b) Multi-factor signing (e.g. P2SH) may be too early to
>>> really define.
>>>>>> But here are some issues which have come up from my own
>>> personal
>>>>>> development experience:
>>>>>> - Wallets SHOULD NOT create two keys on a single host
>>> or device
>>>>>> - Wallets SHOULD provide a way to import external
>>> public keys
>>>>>> which can be used as part of a P2SH address
>>>>>
>>>>>
>>>>> Agree on these ones. Public keys could be imported through
>>> extended
>>>>> public keys too if we agree to using those.
>>>>>
>>>>>>
>>>>>> Slightly off topic: For P2SH, address creation requires
>>> the public
>>>>>> key, not the public hash of an address. For me, this has
>>> made it
>>>>>> difficult to import keys created through out-of-band
>>> sources. Most
>>>>>> wallets/key generators/etc only provide the address and not
>>> the public
>>>>>> key, and this is a hinderance to easy P2SH creation off
>>> host. It
>>>>>> would be great if there were a way to address this, but I
>>> don't know
>>>>>> how.
>>>>>>
>>>>>
>>>>>
>>>>> We have to work on solutions... our aim is settle down on a
>>> way to
>>>>> negotiate addresses and other parameters among identities,
>>> also key
>>>>> importing can be supported to make these easier.
>>>>>
>>>>> cheers!
>>>>>
>>>>> _______________________________________________
>>>>> unSYSTEM mailing list: http://unsystem.net
>>>>> https://mailinglists.dyne.org/cgi-bin/mailman/listinfo/unsystem
>>>>
>>>>
>>>>
>>>>
>>>> --
>>>>
>>>> ॐMetatronॐ
>>>>
>>>>
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>>>>
>>> _______________________________________________
>>> unSYSTEM mailing list: http://unsystem.net
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>>>
>>>
>>>
>>>
>>> --
>>>
>>>
>>> ॐMetatronॐ
>>>
>>>
>>> _______________________________________________
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>>>
>>>
>>>
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>>>
>>
>>
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