I liked the suggestion on Reddit of making a personal account within the wallet. The act of moving coins to that account would mix them. Sending from the personal account would essentially be a "private send" without raising red flags. Not my idea, just a suggestion that I read and thought was good.
My hope is that we can incentivize the act of mixing to provide an alternative path to earning rewards in the form of interest on the unspent coins being mixed. The interest could be derived from a % of the MN and Mining rewards, or from unallocated proposal Dash instead of burning it.
I also opted for 1 single tab a long time ago when I was reviewing the core wallet. With both buttons in it. To add to Tao his idea I would remove the term mixing all together and ask the user to 'personalize' the coins. Then in that one send tab you can choose from public/non-personalized or personalizedPlease consider this a thread to discuss options when it comes to the renaming of PrivateSend.
I will reiterate my longstanding position on this. Since PS doesn't adequately represent the action of Dash Mixing, it only serves to confuse newcomers, IMO. This is my solution. The action of mixing should be aptly named, and sending becomes just sending from a mixed or non-mixed Dash balance.
Example: User receives 20 DASH. User would like to anonymize 10 DASH, and leave the other 10 DASH alone.
- User selects "MIX DASH" for the action of mixing.
- Resulting mixing session results in balances of 10 MIXED DASH and 10 DASH.
- No more PrivateSend tab, unify both sends into a SEND tab.
- Upon the action of sending, users simply select (using a checkbox) to send from their MIXED DASH or their DASH balance.
- If they don't select a checkbox, or both, the program will not continue until only one is selected.
This will take away the "in your face" promotion of the private send function as it will simply be referred to as "Mixing", and reduces it in the sending tab to a simple check box. The functionality would stay, but the problem that the regulator sees with the "PrivateSend" naming and promotion would disappear.
I welcome other viewpoints, feedback and thoughts. Let's start this conversation.
IMHO what we have now in terms of nomenclature is optimal. There is no way to improve it. Mixing means mixing and PrivateSend means sending funds privately. Only power users are going to use the QT wallet anyway.
I am curious what DCG's plans are regarding PS and the upcoming DashPay wallet.
If only power users are going to use the QT Wallet then we should name give the feature a name that doesn't draw the attention of regulators. I think a separate "Personal" account within the wallet that automixes the coins is the way to go. That personal account could also generate interest because it adds mixed coins to the pool and strengthens the feature. The interest generated could be derived from the MN and Mined earned income, or could come from the funds that aren't used / currently burned when not allocated for proposals.
Mixing is now available thru Electrum Dash and should be available on Dashpay thru them, I don't think PS is just for power users,
all users that don't like being snooped on will want it available.
I don't need websites seeing what I am buying so Google can serve up more ads.
I liked the suggestion on Reddit of making a personal account within the wallet. The act of moving coins to that account would mix them. Sending from the personal account would essentially be a "private send" without raising red flags. Not my idea, just a suggestion that I read and thought was good.
My hope is that we can incentivize the act of mixing to provide an alternative path to earning rewards in the form of interest on the unspent coins being mixed. The interest could be derived from a % of the MN and Mining rewards, or from unallocated proposal Dash instead of burning it.