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by Zumzoa 5439 days ago
A system could create, manage and automate a 'cloud' of several hundred wallets, all shifting small amounts of money around at random intervals. When the owner decided to make a particular payment, he could set a target sum to be accumulated by a single wallet, and within a few hours (or days), make payment from there.

Once this system had a few users, the difficulty of tracing any particular wallet 'owner' would be significant.

2 comments

If these nodes aren't shared between users then you're not really getting anything more than minor obfuscation. If they are shared then you in fact have a third party cloudbank that hopefully is trustworthy and the money cloud aspect is a distraction that doesn't provide any benefits.
all shifting small amounts of money around at random intervals

I suspect that "random" in this instance would have to be very carefully defined, as a lot of signals only become more apparent (to the human eye) when cloaked with the right type of noise.