Great write up. Got me thinking about privacy and anonymity on HIVE. I remember, at one point in the early days the STEEM roadmap had an outline for privacy features. It said something about ring signatures and how they could possibly be used, although from what I understand ring signatures are not sufficient enough for privacy anyway. We would most likely have to look at something using zero knowledge proofs if we want the best privacy...
Unfortunately as one of the most intelligent figures in the crypto space Zooko puts it "You can’t add it(privacy) without breaking existing systems and user behavior"
- who knows, maybe its possible and someone will figure it out one day. something to think about....
Hive would be interesting with a privacy feature, it's something I've been thinking off as a layer 2 token as an experiment but there's still a lot of stuff to figure out and not being a dev/technical it's hard to know the boundaries.
You and @smooth should get together to discuss as he's the privacy expert afaik. :D
One of the most interesting and promising layer 2s I have been researching is called StarkWare. They have their tech deployed in a working product on Ethereum already called dYdX exchange. Its really smooth, you should play around with it. I am not sure if this could be utilized on HIVE down the road for privacy...as you say I'm sure @smooth would know much more than me.
https://starkware.co/
https://twitter.com/StarkWareLtd
https://dydx.exchange/
Oh yeah! They're behind the immutable X development which is the first l2 to use zksnarks and made trading of gods unchained cards possible again since eth fees have made it unusable. I only know cause I'm into the game and play it every now and then and bought a bunch of genesis cards a couple years ago. I don't even know too much about zksnarks, just that vitalik always referred to them as a solution to the layer 1 fees and so far it seems to be working alright even though imx is only on the first few rollouts of the dex.
Wow, people should keep an eye on their L2 privacy solutions if it can be implemented on Hive, would be really amazing to curate content where you don't know who the author behind it is especially to compare to our current layer 1.
Heres how you do it, you create a steem account and a golos.id (golos classic) account with same keys as your hive wallet
now you change the keys on one
now the other
hhahaha
@acidyo gets where im going
you can always check the chain and link up recovery accounts and create an insane web with 3 chains steem golos and hive and you can probably add in eos and @telosnetwork
now we have to have a hive witness voted by all witnesses to be run on steem and a steem witness voted in by steemians and steem witnesses on hive and also vica vica versa with golos and even eos and telos. they run a block producer on telos ON HIVE.... in fact i think @telosnetwork or @hellotelos could get enough hive to vote in their own witness by using the telos proposal system. i tried to do that with POST upvotes i should have thought harder and done inter chain witness carnival back then
anyway yeah imagine you stack up beneficiary rewards between chains
also imagine just within hive you get a beneficiary reward that AUTOMATIOCALLY goes to @leofinance which then automatically sends you LEO, no fucking hive engine transaction needed other than a send, no market orders lol
also beneficiary rewards that can automatically go to your TOP commenter or ANy commenter i mean dude.... why dont we have THAAAAt
I think, instead of waiting when it could be possible, we should try to bring it onboard. If You and @smooth can figure out, that's great, else we should engage some expertise from @blocktrades team as well. The entire development, could be done by another team, but the first hurdle is feasibility analysis. So using these expertise, if its determined to be feasible, then we should actively try build a separate team and work on it using some funding.
This sort of thing is out of my league. I am just an investor and learner. However if someone has a viable solution one day I would be willing to fund development for it via the DHF.
Hopefully someone is thinking about privacy down the road, although like I said I am not sure if it would even be possible. Transparency does have its benefits in a social network. I am sure people much smarter than me are thinking about this. @smooth @blocktrades
It's certainly possible. Whether it is desirable or a priority is another question.
appreciate your input.
yeah we need to pay people beneficiary rewards to a @tipitbot account that then tips the users in PHIVE on telos and eos over twitter telegram discord etc