Also I have a question, I didnt find anything related

Question

Also I have a question, I didnt find anything related

so I am asking, is there any way to send dgb without revealing my account balance to the receiver? Like stealth approach, private transfers like dash offers, or any privacy focused approach? I only found this thing to hide my IP address, but im thinking of hiding my wallet balance or my wallet history to the receiver.

#cryptocurrency #digibyte #english

0

03.11.2023

12 ответов

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P҉A҉S҉︵ Автор вопроса

Matthew Cornelisse🇨🇦 (I will not PM you, don't PM me)
Usually you don't keep all your DigiByte in one ad...

This doesn't solve the issue that the receiver sees how many dgb I have on my wallet and all my transaction history. Its also implying that I have to use a CEX or other tools to split up my balances which usually require kyc and track my IP etc. I was talking about an on-chain feature regarding my privacy.

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03.11.2023

Matthew Cornelisse🇨🇦 (I will not PM you, don't PM me)

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This doesn't solve the issue that the receiver see...

Why would you use a cex? Also no by default wallets don't store your funds on 1 address. They split up over many that are not linked so people would not see how much you have just how much is in 1 address. Sure it is possible to try and guess what addresses may be yours and the farther back in time you go the easier that gets. But that only let's someone know how much you once had not how much you have now which is only a risk if trying to avoid taxs. Anyways no there are no on chain privacy technics. The ones that exist either don't work or cause governments to want to ban the chain since they facilitate money laundering.

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03.11.2023

Leroy Gerrits

DigiByte doesn't have any privacy features like that. Your best bet would be to trade it on an exchange for other crypto, trade back to DigiByte and then transfer to whatever DigiByte wallet you'd originally need to pay to. The entire purpose of a blockchain is there being an open ledger and everything being transparent.

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03.11.2023

P҉A҉S҉︵ Автор вопроса

Matthew Cornelisse🇨🇦 (I will not PM you, don't PM me)
Why would you use a cex? Also no by default walle...

Ok let's say I got 1 million dgb on my wallet on one address I got as payment for my work. Now I need to use a cex to hide it, split on many wallets and if I send to some receiver I dont want them to know my wallet balance and history I'll use again a CEX to deposit all and repeat the process. I guess thats what you sign up for. On btc I use wasabi coinjoin for this reason. On monero and dash I have privacy by default. All btc forks. Now only dgb got this disadvantage in my eyes. Anyways maybe I should just speculate with dgb just not use it to pay someone etc if I have all that concerns. Basic concerns in my eyes. My history and balance shouldn't be knows by the person I'm sending funds to.

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03.11.2023

Matthew Cornelisse🇨🇦 (I will not PM you, don't PM me)

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Ok let's say I got 1 million dgb on my wallet on o...

Why would you use a cex for this?

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03.11.2023

P҉A҉S҉︵ Автор вопроса

Matthew Cornelisse🇨🇦 (I will not PM you, don't PM me)
Why would you use a cex for this?

How else would I split up the funds amongst many wallets without linking them.

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03.11.2023

Matthew Cornelisse🇨🇦 (I will not PM you, don't PM me)

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How else would I split up the funds amongst many w...

Just send the funds to a new address in chunks. Cex will keep a record of every address you send to. I publicly list: dgb1qwmtvxhtfclksswyg63jhqan9f3dhqtw5c2dlk9 as the donate address for DigiAsset Core work. You don't know how much DigiByte I have from this. You can see I currently have 30k dgb in the address and since it is a donate address you can see how much has been donated in the past(something you can't do with normal one use addresses)

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03.11.2023

Oliver.dgb (NO PM/DM FIRST) Krilov 🇸🇪 👽

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Ok let's say I got 1 million dgb on my wallet on o...

Don’t take this as me trying to reject your idea, but then you should not use an open ledger. You don’t buy milk and then write the farmer it should be orange juice. Like Leroy says, the open ledger is the entire point of Bitcoin (and DigiByte).

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03.11.2023

P҉A҉S҉︵ Автор вопроса

Oliver.dgb (NO PM/DM FIRST) Krilov 🇸🇪 👽
Don’t take this as me trying to reject your idea, ...

Yeah I get you but how is open a good thing that shoudnt be amended with some privacy features , because I dont think anybody likes to disclose their balance and history when doing a payment. Only because things are how they are it doesn't mean it shoudnt be changed. Just my opinion.

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03.11.2023

P҉A҉S҉︵ Автор вопроса

Matthew Cornelisse🇨🇦 (I will not PM you, don't PM me)
Just send the funds to a new address in chunks. ...

I get you, I haven't seen it that way, learned something. But its just a very "dump" way of obfuscating it because as you know anyone can click and see where it came from before and before and have a simple guess or trace/link structure. I'm talking about zero proofs , ring signatures something which has become a standard in many other chains as an added on feature for privacy freaks like me.

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03.11.2023

Rose

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I get you, I haven't seen it that way, learned som...

Please join DigiByte Price & Speculations 💭🔮📈📉 for price talk.

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03.11.2023

Matthew Cornelisse🇨🇦 (I will not PM you, don't PM me) · Accepted Answer

Matthew Cornelisse🇨🇦 (I will not PM you, don't PM me)

Usually you don't keep all your DigiByte in one address.

0

03.11.2023

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