You are viewing a single comment's thread from:

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

I agree with this.

You could also just create a completely anon account and fund from bittrex or elsewhere as a temporary solution.

Sort:  

Yes, true - but I hate to do that even as a temporary solution. The ideal solution would be visibility of account values and money transactions only visible to the involved accounts encrypted by the public keys and decrypted by the private keys. And an export to CSV function for whenever the autitors need an update, like we do with banks, cash and everything else when reporting to book keeping.

Absolutely agree, it is better if the steem power and account value will be hidden from the public eye and only the vote value is visible with its reputation. Sometimes, having those huge digit in steem power will somehow gives inconvenience for the account owner and so for the hackers. I hope they can device a solution on this matter.

Why are wallets open to the public to see on here...i find that kind of weird...its like showing your bank balance to the whole world all the time!

Harder for people to be shady, IMO.

I complete agree but how do we implement it?
If the wallet is hidden isn't still quite easy to find out who the whale is?
OR do you want the steem power of likes also a secret and the earnings on every article...

The solution isn't very clear for me. You say the technology exist so please enlighten us!
''Just encrypt it by public keys'' would still make it visible for bots that just involve in every post right?

Blind signatures. Develops know how and choose not to.

really good point ... By tracking the trending Posts , it would still be easy to find out who does make a lot of money , even if the Reward is hidden.

I AGREE, there is no reason to show the account value to those that aren't the encrypted account holder. You can already see ones' prestige by the number next to username, so the account value really isn't desirable for the reasons you've stated.

Loading...

I made a wrong transfer to @ speedvoter 7,640 SBD. for which i want to send 0.076 SBD to @speedvoter.
please kindly repay me my SBD. therefore SBD my work for 1 month more in steemit

can you help me @fyrstikken

To be clear, you transferred seven SBD not seven thousand, right? Some countries use a comma while others use a decimal point. In the US for example, 7,640 means seven thousand six hundred and forty SBD. I suspect you mean seven SBDs and sixty-four SB...umm...cents.

Why would anyone use a comma for that??

Probably the same reason some use the metric system and others don't or the reason that some drive on the right side while others drive on the left. Different strokes for different folks, I guess, I guess.

lol because other countries do things differently

Although not the other countries, the people of Bangladesh will do it

That is ridiculous! Numbers should have been a universal language after all--here comes people creating their own system. LOL

Agreed. Decimals are objectively correct, as used elsewhere in math.

perks of blockchain ... no refund :P

Hahahaha thats quite a big difference lol!!!

My friend, thats quite much and mistakes are bound to happen.

I advise you to visit @speedvoter blog and see if any link to discord which i believe there should be.

leave comments everywhere you spot the name and you will get help.

Otherwise, since it sounds like an upvote bot, you just get upvoted the equivalent amount and if its above maximum transfer, @speedvoter should return your sbd.

That's simple.

@bob-elr.

nice photo

Your transfer was for 7.640 SBD. Immediately after the transfer you received a vote from speedvoter. Sadly it was less than you sent. Bid-bot voting adds all bids together and pays out its voting power pro-rata to the bids received. In this case the voting power was much less than the total bids received.

I agree @swissclive. And by the way, I had to check out Merriam Webster's dictionary to take a look what the word pro rata means.

fancy talk for divided in equally averaged ratios
more or less

Set up a company, let the company own the Steem Account rather than an individual. Why not that solution?

Setting up a company will involve additional costs, compliance reporting, etc. If the account is worth a few millions, that may make sense.

Yeah but thats the only option if your account is worth millions.

But all the transactions are visible as well.

Amazing post,amazing idea good luck

Yes,
after reading your post I cannot other than fully agree!

When I came to steemit 2 months ago for the first time, I found it rather funny and "liberating" that everything is completely visible, but in fact this is obviously crazy!

But isn't this also an inherent problem of the whole underlying blockchain technique?
Everything is stuck forever in that chain which is sort of in the public domain.?

They could set up an account tree where your main account controls your puppet accounts. Those puppet accounts could have hidden wallet value and you could transfer to them in theory using blind transfer or similar.

Yes,
I'm afraid all this will be next to impossible; the whole fundamentals are what they are and probably it will prove to be impossible to change it or the whole blockchain will have to be dismantled and rebuild anew.

Because, what about:
https://steemnow.com/@dana-edwards
https://steemd.com/@dana-edwards

???

literally everything is out in the open!

That's a good idea....

that's where this electronic crypto currency is taken for me, it remains a mystery until now,

Was your picture a National Lampoon tactic? 🤙 @fyrstikken

Problem is, the whole point is that the anarchist community wants rid of central banks so its going to be like banging your head against a brick wall trying to get them to act more like a bank sadly :-(

Really the safest thing is probably to have a main account that you keep funds on and then delegate any steem power you need to your active account/s. You can probably find out who delegated it but it won't be this single point of failure, and won't be so obvious. Right now it's like my Facebook page is also my Pay Pal account.

That seems to be a good point. I guess it's not that hard to do for anyone.

what you are saying is correct but blogging is a way for bloggers to get connected with followers. the relationship between writer and followers is best when followers know about blogger they follow. An anonymous account will not give you this flexibility. Its hard to get followers with completely anonymous identity. Why somebody will follow you if they don't know anything about the author unless you are a god writer.

You the transfer of the funds would still be visible on both accounts. You could just follow the transfers until you find the real holder.

You would need multiple accounts and move over several hops.

Stealth transfers solve that. So would blind signature schemes.

You seem to have a pretty good grasp of the subject. Have you got any posts on the topic of hiding wallets?

I also would like to know more on this topic.

Look into bitcoin mixers etc. With something like bitshares it becomes very easy also to move money between different currencies and then perhaps send the money to some kind of mixer to help launder the account into different other accounts. It is very hard to follow the paper trail once you start trading the crypto into different other cryptocurrencies.

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.

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.

check out my .00000016 YO

I do not share anything like how much money or crypto coins I have... not that I have much to show right now anyway.. but even if I did I would not make it public like a lot of the people crypto holders do out there... stupid to show your complete hand..

If they can't link it to your real person, it doesn't pose much of an issue. I certainly don't share my steemit name with people I know in real life.

That solves the problem only as far as people that are fine with remaining anonymous on Steemit, which is to say it doesn't solve the problem.

ezimedia, your wallet is publicly visible on steemit. That's the glitch in this platform they're talking about.

Smart idea hahaha