From: Peter Todd <pete@petertodd.org>
To: Peter Vessenes <peter@coinlab.com>
Cc: Bitcoin-Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] libzerocoin released, what about a zerocoin-only alt-coin with either-or mining
Date: Mon, 15 Jul 2013 05:51:07 -0400 [thread overview]
Message-ID: <20130715095107.GA8828@savin> (raw)
In-Reply-To: <CAMGNxUtnYy0qtdRw3Pz2xV9xztEg317MRs0_mNMEWGE5oAxnig@mail.gmail.com>
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On Sat, Jul 13, 2013 at 11:32:39AM -0700, Peter Vessenes wrote:
> One very real issue for alt-currencies that don't peg to Bitcoin is that
> market liquidity is a bitch. By almost all standards current global Bitcoin
> liquidity is already very, very low. Too low for many transactions that
> come across my desk at least.
>
> There are a lot of reasons for that low liquidity, but to try and float a
> new pair for which the likely initial counter-asset is going to be Bitcoin
> means minuscule liquidity.
Being able to have automated Bitcoin<->Zerocoin P2P trading without an
exchange is also significantly more desirable from a privacy standpoint.
Basically it reduces the privacy risks of doing the exchange to spending
the Zerocoins in the first place.
--
'peter'[:-1]@petertodd.org
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next prev parent reply other threads:[~2013-07-15 9:51 UTC|newest]
Thread overview: 22+ messages / expand[flat|nested] mbox.gz Atom feed top
2013-07-05 14:01 [Bitcoin-development] libzerocoin released, what about a zerocoin-only alt-coin with either-or mining Adam Back
2013-07-12 13:18 ` Peter Todd
2013-07-13 9:51 ` Jorge Timón
2013-07-13 9:53 ` Jorge Timón
2013-07-13 18:32 ` Peter Vessenes
2013-07-15 9:51 ` Peter Todd [this message]
2013-07-15 13:05 ` Jorge Timón
2013-07-15 20:29 ` Peter Todd
2013-07-16 3:54 ` Peter Vessenes
2013-07-13 18:42 ` Adam Back
2013-07-14 11:18 ` Jorge Timón
2013-07-14 19:22 ` John Dillon
2013-07-14 19:33 ` Luke-Jr
2013-07-14 19:42 ` Pieter Wuille
2013-07-14 19:52 ` John Dillon
2013-07-14 20:16 ` Luke-Jr
2013-07-15 0:12 ` Peter Todd
2013-07-15 1:51 ` Luke-Jr
2013-07-15 1:59 ` Peter Todd
2013-07-14 19:48 ` John Dillon
2013-07-15 0:14 ` Adam Back
2013-07-15 0:29 ` Peter Todd
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