From: Troy Benjegerdes <hozer@hozed•org>
To: Justus Ranvier <justusranvier@riseup•net>
Cc: bitcoin-development@lists•sourceforge.net
Subject: Re: [Bitcoin-development] Proposal: Encrypt bitcoin messages
Date: Sat, 23 Aug 2014 12:50:38 -0500 [thread overview]
Message-ID: <20140823175038.GU22640@nl.grid.coop> (raw)
In-Reply-To: <53F8C656.6010200@riseup.net>
On Sat, Aug 23, 2014 at 04:50:30PM +0000, Justus Ranvier wrote:
> -----BEGIN PGP SIGNED MESSAGE-----
> Hash: SHA256
>
> On 08/23/2014 04:17 PM, xor wrote:
> > On Tuesday, August 19, 2014 07:40:39 PM Jeff Garzik wrote:
> >> Encryption is of little value if you may deduce the same
> >> information by observing packet sizes and timings.
> >
> > Instead of spawning a discussion whether this aspect is a reason to
> > NOT encrypt, you should do the obvious:
> >
> > Fix that as well. X being broken is not a reason for not fixing Y.
> > Pad the then encrypted packets with random bytes. The fact that
> > they are encrypted makes them look like random data already, so the
> > padding will not be distinguishable from the rest. Also, add some
> > random bias to their timing.
>
> The packet size and timing issue will become less of an issue as the
> network grows anyway.
>
> One transaction inserted into a 3 transaction-per-second encrypted
> stream is more obvious than the same transaction inserted into a 100
> or 1000 TPS stream.
The requirement for anonymity and privacy is lawyers and a Bitlicense.
If you want privacy and anonymity, then do high-frequency trading on
a centralized exchange, and if you want to go over-the-top, run some
arbitrage bots as well, and hide in the millions of transactions per
second that go on.
But make sure you get a Bitlicense and have a good securities lawyer.
Trying to solve a legal/legislative/social problem with more crypto is
only going to serve the people who created the legal/legislative/social
problem in the first place, because they can hire a hacker who will
find a misplaced (} in your crypto code, and all the work you did to
encrypt wire protocols becomes silently worthless.
next prev parent reply other threads:[~2014-08-23 17:50 UTC|newest]
Thread overview: 32+ messages / expand[flat|nested] mbox.gz Atom feed top
[not found] <CA+8=xuJ+YDTNjyDW7DvP8KPN_nrFWpE68HvLw6EokFa-B-QGKw@mail.gmail.com>
2014-08-19 9:49 ` Raúl Martínez
[not found] ` <0C0EF7F9-DBBA-4872-897D-63CFA3853726@ricmoo.com>
2014-08-19 15:11 ` Raúl Martínez
2014-08-19 15:30 ` Richard Moore
2014-08-19 16:07 ` Justus Ranvier
2014-08-19 16:38 ` Gregory Maxwell
2014-08-19 16:58 ` Angel Leon
2014-08-19 17:19 ` Christophe Biocca
2014-08-19 17:35 ` Johnathan Corgan
2014-08-19 23:38 ` J Ross Nicoll
2014-08-19 23:39 ` Justus Ranvier
2014-08-19 23:54 ` Gregory Maxwell
2014-08-19 23:40 ` Jeff Garzik
2014-08-20 0:16 ` Peter Todd
2014-08-20 0:21 ` Jeff Garzik
2014-08-20 0:41 ` Peter Todd
2014-08-20 0:59 ` William Yager
2014-08-20 1:14 ` Peter Todd
2014-08-20 1:19 ` William Yager
2014-08-20 1:27 ` Peter Todd
2014-08-20 0:49 ` Justus Ranvier
2014-08-20 0:57 ` Peter Todd
2014-08-23 16:17 ` xor
2014-08-23 16:50 ` Justus Ranvier
2014-08-23 17:50 ` Troy Benjegerdes [this message]
2014-08-23 18:22 ` William Yager
2014-08-23 18:44 ` Mike Hearn
2014-08-23 19:02 ` Luke Dashjr
2014-08-23 22:51 ` Peter Todd
[not found] <c45a638f1e1640fe84bef01d12cda4c3@hotmail.com>
2014-08-20 3:23 ` Un Ix
2014-08-20 5:40 ` Cameron Garnham
2014-08-20 14:37 ` Mike Hearn
2014-08-23 6:39 ` Troy Benjegerdes
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