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RE: The Joy of flashing the STEEM account-value!!

in #serious-security7 years ago (edited)

I don't think you understand, first bitcoin mixers only work for bitcoin... obviously... but the main problem with Steemit that we're talking about concerns using Steem Power. That steem has to come from somewhere, so how could you cover that up? Unlike Steemit, Bitcoin doesn't have a Steem Power-like function where holding it somewhere serves a function.

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Well explained, that sort of centralization could turn out to be one of the major pitfalls of the community if we can't figure something out. Hadn't thought about it a lot personally since i'm a newer member. To the drawing board we go.

If you are gonna properly launder crypto then you are gonna have to use different altcoins. You get mixers for things other than bitcoin, you said: "first bitcoin mixers only work for bitcoin... obviously" that is not true. There has been some writing on mixers using smart contracts with ethereum. I don't see why one couldn't launder steem.