A+ A A-

Defense Distributed, Plans to Make Bitcoins Completely Anonymous

bitcoins

The inventor of the 3D-printed gun, Cody Wilson of Defense Distributed, is now raising money for a new crypto-anarchist venture that will help people anywhere in the world keep their wealth and finances private.

The project is called Dark Wallet, an anonymous easy-to-use Bitcoin wallet. The wallet will be a discreet browser plugin for Chrome or Firefox that will make the public Bitcoin log less traceable.

Bitcoin, a digital cryptocurrency, is already likened to digital cash because of its quasi-anonymity. When you pay for something in cash you don't typically show ID verifying who you are, but the store will have some metadata on you (what you look like, how tall you are, etc.).  While names may never be a used in a Bitcoin transaction, certain metadata is traceable through an open source log which could lead to identifying the user. Dark Wallet would eliminate the reliability of the public metadata.

Forbes wrote that "Dark Wallet would go further towards making Bitcoin a truly untraceable form of digital cash." This is because Dark Wallet will enable a "trustless mixing" of bitcoins making it nearly impossible for the public Bitcoin log to accurately trace transactions.

Wilson started his successful 3D-printed gun project through crowdfunding and donations which were eventually blocked by traditional funding avenues due to pressure from authorities. That is when Wilson learned about the benefits and potential of Bitcoin to free individuals from the clutches of the money cartel.

Wilson released all of his 3D gun designs on the Internet for free to empower individuals with information and an inexpensive form of self defense. It seems this project shares the same theme of empowering individuals against an increasingly controlling and wealth-extracting financial system.

"We love Bitcoin and the way it empowers and reorients individual and community commerce. Dark Wallet as a project will serve as a platform or starting codebase for delivery of a high quality Bitcoin wallet that serves The People over enterprise and government interests," reads their IndieGoGo page.

It is likely that the good many Bitcoin entrepreneurs who are petitioning the government for "smart regulations" to bring Bitcoin into mainstream financial markets will oppose this development because governments want more information disclosure, not more privacy.  In short, they'll probably try in vain to prevent this wallet from seeing the light of day.

Besides Wilson, the Dark Wallet founders are made up of some influential names in Bitcoin development including UK developer of Libbitcoin Amir Taaki, Vitalik Buterin - author of Pybitcointools and technical writer for Bitcoin Magazine and others.

Support this cutting-edge effort to bring financial privacy to everyone on the planet by donating at the IndieGoGo campaign.  Of course, you can also donate with Bitcoin to this address.


activist-post

Source Here

 

CrystalWind.ca is free to access and use.
Please support us with a small gift of $11.11 or $22.22 or $33.33. 
Thank you! 
ॐ Namasté - Blessings!
"Life is an echo, what you send out comes back."

© 2008-2021 crystalwind.ca. All rights reserved.

  Please buy us a coffee!
 
 
Pin It

Featured Writers

Free Reading Here!!

crystal-wind-oracle-mobile-app
 
Cut Through The Illusions!
Available On The
Apple  / Android / Amazon
NEW Expanded Version - 53 cards!

Articles: AndEl: Technology

Who is Online Now

We have 1371 guests and no members online

Featured This Month

Page:

2021 - Year of the Ox

2021 - Year of the Ox

2021 is the Year of the Metal Ox. Starting on Feb. 12 and lasting to 2022 Luna... Read more

Fox Medicine

Fox Medicine

Fox is a master at the art of camouflage. Like all members of the ... Read more

Rest & Cleansing Moon

Rest & Cleansing Moon

Otter – Quaking Aspen – Silver January 20 to February 18 The Rest and Clea... Read more

Birth Totem - Otter

Birth Totem - Otter

Birth Totem Otter Birth dates: January 20 - February 18 Birth Totem: Otter... Read more

Amethyst: A Stone for the Age of Aquarius

Amethyst: A Stone for the Age of Aquarius

Amethyst has long been thought of as a "stone of spirituality and contentmen... Read more

Amethyst

Amethyst

The Stone of Mastering Change Amethyst is primarily a stone of the mind; i... Read more

The Rowan Tree - January 21 - February 17

The Rowan Tree - January 21 - February 17

The Fire Festival Of Brigantia Celtic Symbol : The Green Dragon Zodiac Deg... Read more

Imbolc Customs

Imbolc Customs

Imbolc, (pronounced im-bolk) or Candlemass, Imbolg, Bride's Day, Oimelc, and... Read more

Imbolc - The Feast of Brighid

Imbolc - The Feast of Brighid

Image source: The Crystal Wind Oracle Myth & Magic Card Deck.Get it here... Read more

Sun in Aquarius

Sun in Aquarius

An Overview of Sun Sign Characteristics for Aquarius The ruler of Aquarius ... Read more

The Crystal Wind Oracle

The Crystal Wind Oracle

The Crystal Wind Oracle Mobile APP Check Out The USER REVIEWS! Click Here! ... Read more

Annual Blessing Of the Sacred Hearth at Imbo…

Annual Blessing Of the Sacred Hearth at Imbolc

Blessed Brigid Blessed Brigid, Flame of Delight ,  May the fires of yo... Read more

Aquarius

Aquarius

AQUARIUS Jan 20 - Feb 18 Spirit: To spread philosophical thought Ego: Aes... Read more

Imbolc and the Promise of Spring

Imbolc and the Promise of Spring

Winter’s medicine is about rest, recovery, and withdrawing inside ourselve... Read more

Imbolc Lore

Imbolc Lore

Imbolc (pronounced "IM-bulk", "IM mol'g" or "EM-bowl/k") is one of the Great... Read more

Aquarius Mythology

Aquarius Mythology

The Aquarius Myth The Aquarius myth follows the story of Ganymede, a young ... Read more

Stones, Crystals, and Metals Correspondences

Stones, Crystals, and Metals Correspondences

Stones, crystals, and metals correspondences for magick spells and rituals. ... Read more

Imbolc

Imbolc

Imbolc Ritual Celebrated February 2 Imbolc is also known as Candlemas, Imbo... Read more

© 2008-2020 CrystalWind.ca. Site Creation by CreativeInceptions.com.
X

Right Click

No right click