•  
Support crystalwind.ca with your donation and help spread spirituality and positivity. Blessings!

This article was posted by CrystalWind.ca

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

 

Pin It

Join the Conversation Now! Comment Below! arrow down small 11

 
CrystalWind.ca is free to use because of donations from people like you. Please help support us! 
Blessings!

Follow this blog

Featured Writers

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

Spirit Animal Totem Of The Day!

CrystalWind.ca is free to use because of
donations from people like you.
Donate Now »

CrystalWind.ca Donation!

Unlock Your Light: Join Lightworkers Worldwide on CrystalWind.ca!

 

Articles: AndEl: Technology

Follow Us!

 

Who is Online Now

We have 39022 guests and no members online

Featured This Month

Page:

Eudialyte: Your Aries Power Stone Revealed!

Eudialyte: Your Aries Power Stone Revealed!

Eudialyte Birthstone: Aries Planet: Mars Element: Fire Chakra: Heart Eud... Read more

Birth Totem Falcon: Are You a Natural Leader…

Birth Totem Falcon: Are You a Natural Leader?

Birth Totem Falcon Birth dates: March 21 – April 19 Birth Totem is: Falcon... Read more

Green Aventurine

Green Aventurine

The Emotional Balancer Stone Green Aventurine is perhaps the best balancing... Read more

Bright Beltane Blessings!

Bright Beltane Blessings!

The wheel turns to Beltane, also known as Mayday, marking the beginning of S... Read more

Sun in Aries: Unleash Your Power!

Sun in Aries: Unleash Your Power!

Aries March 21 through April 20 An Overview of Sun Sign Characteristics for A... Read more

Beltane

Beltane

Beltane Ritual Celebrated May 1st Beltane is also known as May Day, Walpurg... Read more

Aries

Aries

ARIES Mar 21 - Apr 20 Spirit: Adventurous, courageous Read more

Budding Trees Moon: Medicine Wheel Insights!

Budding Trees Moon: Medicine Wheel Insights!

Red Hawk - Fire Opal - Dandelion - Yellow March 21 – April 19 The Budding Tr... Read more

The Time of No Time: Beltane!

The Time of No Time: Beltane!

Around the medicine wheel of life we go, from season to season (solstice to ... Read more

Aries Mythology: Discover the Secrets

Aries Mythology: Discover the Secrets

The Mythology of Aries First things first, when referring to the mythology ... Read more

Bloodstone

Bloodstone

The Blood Energizer Stone The combined colours of bloodstone allow it to fu... Read more

Dandelion: The Surprising Power of this Medi…

Dandelion: The Surprising Power of this Medicine Wheel Plant!

Reminds you of the abundance life holds. Gender: Masculine Planet: Jupiter E... Read more

The Crystal Wind Oracle Card Deck

The Crystal Wind Oracle Card Deck

The Crystal Wind Oracle™ The Crystal Wind Oracle Myth & Magic Card D... Read more

Diamond

Diamond

The King of all Stones The diamond symbolizes wisdom and enlightenment, pur... Read more

Hematite

Hematite

The Grounding Stone With its iron content, hematite has a strengthening inf... Read more

© 2008-2024 CrystalWind.ca. All rights reserved. Site Creation by CrystalWind.ca.
Web Hosting by Knownhost.com

 

 

X

Right Click

No right click