Re:Umbra Privacy Platform
by wyager on Tuesday September 06, 2016 @11:45AM
(#12436832)
> currency
OK, it's an altcoin scam.
Sounds like they don't even have any interesting cryptographic primitives for privacy, but they just have a mixer built into the app or something. Why would I use this over using Bitcoin with a mixer? Plus, if/when Bitcoin starts integrating ZKP/privacy cryptography like Ring signatures, it's going to be a very hard sell to use any of the miscellaneous altcoins that have some privacy-related cryptographic advancement as their only feature.
OK, it's an altcoin scam.
Sounds like they don't even have any interesting cryptographic primitives for privacy, but they just have a mixer built into the app or something. Why would I use this over using Bitcoin with a mixer? Plus, if/when Bitcoin starts integrating ZKP/privacy cryptography like Ring signatures, it's going to be a very hard sell to use any of the miscellaneous altcoins that have some privacy-related cryptographic advancement as their only feature.