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Ideas for Privacy

2 Ideas: 1. Transaction Mixing with User identity Protection and 2. Lelantus

Ideas for Privacy

Created At

ETHGlobal Brussels

Project Description

1.0: Transaction Mixing if the system can mix transactions, which means that your transaction gets combined with others. This obscures the trail and makes it hard to determine which transaction belongs to which user. 1.1: User Identity Protection: using advanced cryptographic techniques that prevent anyone from linking transactions to the real identity. This means if someone even sees your transaction on the blockchain, they cannot tell who you are or which wallet belongs to you 1.2: One-Time Addresses - generates unique addresses for each transaction. This means each time you receive funds, a new address is created, making it difficult for anyone to track your wallet’s activity over time.

2.0: Using Lelantus: which enables private transactions. Based idea: Users can burn coins to receive anonymous receipts, allowing them to redeem or transfer coins without revealing their amounts or transaction history. This method is a kind of zero-knowledge proofs, but ensures high anonymity while maintaining efficiency..

Unfortunately, we were not be able to code this ideas.

How it's Made

When evaluating potential projects to contribute to, I found that many presented unique challenges that were beyond my current expertise. After careful consideration, I chose to work with this sponsor because their project aligns closely with my skills and interests. This alignment allows me to contribute effectively and make meaningful contributions to their goals. In our opinion, privacy is disappearing in our world. Soon, privacy will be our most valuable asset—something we used to take for granted but now essential.

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