This article was posted by CrystalWind.ca.
Defense Distributed, Plans to Make Bitcoins Completely Anonymous
- Details
- Written by AndEl
The inventor of the 3D-printed gun, Cody Wilson of Defense Distributed, is now raising money for a new crypto-anarchist venture that will help people anywhere in the world keep their wealth and finances private.
The project is called Dark Wallet, an anonymous easy-to-use Bitcoin wallet. The wallet will be a discreet browser plugin for Chrome or Firefox that will make the public Bitcoin log less traceable.
Bitcoin, a digital cryptocurrency, is already likened to digital cash because of its quasi-anonymity. When you pay for something in cash you don't typically show ID verifying who you are, but the store will have some metadata on you (what you look like, how tall you are, etc.). While names may never be a used in a Bitcoin transaction, certain metadata is traceable through an open source log which could lead to identifying the user. Dark Wallet would eliminate the reliability of the public metadata.
Forbes wrote that "Dark Wallet would go further towards making Bitcoin a truly untraceable form of digital cash." This is because Dark Wallet will enable a "trustless mixing" of bitcoins making it nearly impossible for the public Bitcoin log to accurately trace transactions.
Wilson started his successful 3D-printed gun project through crowdfunding and donations which were eventually blocked by traditional funding avenues due to pressure from authorities. That is when Wilson learned about the benefits and potential of Bitcoin to free individuals from the clutches of the money cartel.
Wilson released all of his 3D gun designs on the Internet for free to empower individuals with information and an inexpensive form of self defense. It seems this project shares the same theme of empowering individuals against an increasingly controlling and wealth-extracting financial system.
"We love Bitcoin and the way it empowers and reorients individual and community commerce. Dark Wallet as a project will serve as a platform or starting codebase for delivery of a high quality Bitcoin wallet that serves The People over enterprise and government interests," reads their IndieGoGo page.
It is likely that the good many Bitcoin entrepreneurs who are petitioning the government for "smart regulations" to bring Bitcoin into mainstream financial markets will oppose this development because governments want more information disclosure, not more privacy. In short, they'll probably try in vain to prevent this wallet from seeing the light of day.
Besides Wilson, the Dark Wallet founders are made up of some influential names in Bitcoin development including UK developer of Libbitcoin Amir Taaki, Vitalik Buterin - author of Pybitcointools and technical writer for Bitcoin Magazine and others.
Support this cutting-edge effort to bring financial privacy to everyone on the planet by donating at the IndieGoGo campaign. Of course, you can also donate with Bitcoin to this address.
Source Here
© CrystalWind.ca 2025. All content (articles, imagery, fair use) & design protected. Written permission required for copying. All rights reserved.
Join the Conversation Now! Comment Below!
Spirit Animal Totem Of The Day!
Crystal Of The Day!
Latest Articles
The Crystal Wind Oracle
Myth & Magic Card Deck!
Details Here!
NEW Expanded
Printed & Boxed!
Now with 58 cards!
CrystalWind.ca is free to use because of
donations from people like you.
Donate Now »
Unlock Your Light: Join Lightworkers Worldwide on CrystalWind.ca!
Articles: AndEl: Technology
Follow Us!
Who is Online Now
We have 23427 guests and no members online
Featured This Month
The Rowan Tree - January 21 - February 17
The Fire Festival Of Brigantia Celtic Symbol : The Green Dragon Read more
Brigid, Celtic Goddess of Fire
Image From the Crystal Wind Oracle App Available on IOS, Android and Am... Read more
Imbolc Customs
Imbolc, (pronounced im-bolk) or Candlemass, Imbolg, Bride's Day, Oimelc, and... Read more
Imbolc - The Feast of Brighid
Image source: The Crystal Wind Oracle Myth & Magic Card Deck.Get it here... Read more
Amethyst: A Stone for the Age of Aquarius
Amethyst has long been thought of as a "stone of spirituality and contentmen... Read more
Aquarius Mythology
The Aquarius Myth The Tale of Aquarius: A Story of Beauty, Power, and Immorta... Read more
Rest & Cleansing Moon
Otter – Quaking Aspen – Silver January 20 to February 18 The Rest and Clea... Read more
Imbolc Lore
Imbolc (pronounced "IM-bulk", "IM mol'g" or "EM-bowl/k") is one of the Great... Read more
Imbolc and the Promise of Spring
Winter’s medicine is about rest, recovery, and withdrawing inside ourselves.... Read more
Birth Totem - Otter
Birth Totem Otter Birth dates: January 20 - February 18 Birth Totem: Otter... Read more
How to Make a Brigid's Cross
The Brigid's Cross is a traditional craft made at Imbolc and Candlemas by Pa... Read more