Steem needs privacy

in steemit •  8 years ago 

Steem features fully public wallets, all under single key and well linked to the poster.

Even if we stay pseudonymous in principle, nearly everyone leaks enough to reveal who they are IRL in social media. This is one of the main features of social media, after all!

For example, my last post alone has enough information so that anyone could figure my full name, profession and phone number (of course, I did not post any of these). I have no issue with that, as a poster, but I do care about making my financial transactions so easily linked to me.

For the love of God, cryptocurrency wants to be private! It is a clear regression from the status quo if it is not. 

I was thinking about buying a decent amount of STEEM, as an speculative investment and to power up my votes here at steemit, but I am a bit scared of doing it in the current conditions. STEEM is clearly skyrocketing and could soon be worth a lot. I want to go to the Moon and build my citadel there; I do not want to get rubber-hose hacked in the process. 

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Im understand why do you write this post. But Steem decentralized - so it cant have a privacy i thhink.

Not true. Cryptography can help here, with zero-knowledge proofs.

So that only the owner of the private key can link the posting alias with the wallet public key. Nothing fancy, just plain Chaumian blind signatures would do it.