Or, retoswap orders can be created with a passphrase, so someone could contact you or OP and as long as you have the passphrase you don't need the 0.11 XMR bond to trade, and the passphrase unlocks it
No idea I also wondered this, I haven't purchased digital accounts and just grabbed an example from the site but google specifically is very annoying when you create alts so I'm pretty sure if you buy one and log-in using another device and IP they'll start firing you with captchas, maybe ask your phone number, then maybe a throaway one could work? But it could not last long until they keep asking you to verify, unless it's a very old account I think older accounts may be easier to use and not be flagged as spam
But like in the example I linked, always make sure to look in the sidebar where it says Payment so that it has an option called Multisig escrow, and if buying always pick that, because that means the funds can only be released if the seller actually delivers, while a direct payment you are sending coins straight to their wallet and they can delete the listing as if it never existed and start over, even if it has reviews since they are easy to fake and a fake review doesn't have to pay anything they can simply be made for free.
Just a heads up
[Switch.to] Monero payment gateway / Sovereign banking for everyone
Yes the benefits sound better but I mean is it something easy to integrate, easy to ship etc because most people use stripe for payments because they just want to ship things fast and everything else (btcpayserver etc) has a time consuming setup needed first
[Switch.to] Monero payment gateway / Sovereign banking for everyone
If you want a more decentralized system + with strong privacy and anonymity, we should use nostr communities instead where anyone can create throaway npubs and you can access it from any nostr website, not being stuck to a single domain:
It seems to be more like hiding coins in different addresses while obscuring it on chain & using some clever math to make the UX better.
You are accurate: you "hide" coins in different addresses which are only know to the receiver and the sender, I cannot paste a SP address in a block explorer and find what addresses belong to it, and what is the total balance of this BTC user. I can however send a payment to it and then have a "watch" on this entity, there is no obscuring happening on-chain so usual heuristics like when a coin is spent, to where, how much is change, etc still apply.
Which also means if they spend many SP payments together, they reveal to me & others all the addresses belonging to them and what the total balance was, you can think of it like if bitcoin users sent their BTC addresses to each other via DMs, but it removes the interactivity step from handling new addresses, while adding the scanning requirement so the receiver can also know which addresses were generated to them without having to ask senders each time
It is a good feature to have in general in my opinion, but definitely does not come any close to competing with Monero still
Great blog! does this have any benefit over a polyseed mnemonic where you also have a secret password? With polyseed as well as BIP39, even if your mnemonic is caught you can use that plain seed as a decoy that opens a fake wallet, while your real seed with your real funds can only be decrypted with the password, and this encrypted mnemonic by hand won't result in a valid seed so the malicious actor can assume that a valid seed still exists and it still needs to be seized or brute forced?
I think this method is better when using steganography combined since the mnemonic looks like a blob of nothing when reading the contents of the file, while if an actual seed was used it could reveal there is a Monero seed hidden in that file, but then I think a better encryption method can be used since using digital files loses the benefit of not using a computer?
thank you jeffro!