chaeplin May 20, 2017 21:10
I have received a feature request use a unique address when transfering ms earnings. Is there any advantage using a unique address ?
https://www.dash.org/forum/threads/dashmnb-feature-request.14958/
macrochip May 20, 2017 21:12
I see no value. Masternode rewards are newly created coins and it's well known that every Masternode gets paid every X days. So what's the privacy concern?
It adds unnecessary complexity to solve a problem that does not exist. Miners don't want their incomes privatized either because they simply have no history attached
ericsammons May 20, 2017 21:15
I don't know about a privacy advantage, but it would be nice simply as a convenience: you wouldn't have to first transfer the funds away from your MN address on your Trezor before spending them.
noobtrader May 20, 2017 21:17
im thinking about security, isnt an address which never been used to send anything more secure than address which used often ?
macrochip May 20, 2017 21:17
From the thread: _when they all keep collecting in the same place, it allows one to presume that a certain group of MNs are all owned by the same person._ <<- Hmm?? My Masternodes get paid to their own addresses. There is no association between them. Does a hardware wallet send all funds from all MNs to the same address?!
I never used a HW-wallet so I have no clue, but that sentence doesn't make sense to me
kali May 20, 2017 21:24
when you send your earnings to one place
macrochip May 20, 2017 21:27
lol explains the high volume then
@kali So you mean the manual transfer of funds to the HW-wallet?
I begin to understand. I thought the collateral is held on the HW wallet and earnings also go to it
The problem exists in sending out the funds to someplace else?
kali May 20, 2017 21:29
HD wallet works the same with your MN as your dash core wallet.
yes
when you collect tthem in one place
macrochip May 20, 2017 21:29
But that's a manual process and is independent from a hardware wallet's functionality then
kali May 20, 2017 21:30
unique addresse would be a nice idea. When you collect your fresh dashes to one place from those addresses no one know what your MN's are
macrochip May 20, 2017 21:31
Ok that makes sense. I wasn't clear on the direction of funds earlier.
Theoretically we could solve 2 problems at once here (one being only temporary though) by mixing Masternode rewards instantly and adding them to the private balance of the receiving wallet which in turn creates high mixing liquidity across the whole network
brainshutdown May 20, 2017 21:37
not for all denominations...
kali May 20, 2017 21:37
plus fresh dashes are mixed, wchich would be awesome
brainshutdown May 20, 2017 21:37
but great for the smaller ones
kali May 20, 2017 21:37
1's and 0,1's only
macrochip May 20, 2017 21:37
Yeah denoms would be problematic
kali May 20, 2017 21:38
you could do 0.001's then
brainshutdown May 20, 2017 21:38
it would cover 1, 0.1 and 0.01 that's like 90%
the whales can wait xD
macrochip May 20, 2017 21:39
Could be solved through accumulation and payouts only once a month to construct matching denominations from multiple rewards
kali May 20, 2017 21:39
but the wallet with your earnings wold have to be online I guess
I don't know how evolution is going to work
brainshutdown May 20, 2017 21:40
maybe sentinel could handle it
macrochip May 20, 2017 21:40
The Masternodes do the mixing among themselves. They have exclusive access to the new funds
It would be like receiving a standard MN reward. No online wallet needed for that either. Difference is it goes directly to your private balance instead
May 20, 2017
brainshutdown May 20, 2017 21:41
if mn payouts become governance objetcs...
kali May 20, 2017 21:42
but denominations need to go to your new created adrresses, that needs an online wallet, at least now
MN synchronises them to be created at the same time with others
brainshutdown May 20, 2017 21:44
with evolution your addresses will be managed automagically
if you choose that way
kali May 20, 2017 21:45
I think we should live it to andy, chaplin, moocowmoo and others to get a better idea
brainshutdown May 20, 2017 21:46
definitely
kali May 20, 2017 21:46
we can overcomplex it like gmaxwell likes to do
brainshutdown May 20, 2017 21:46
lol
I'm just talking wine induced stuff
not trading advice
macrochip May 20, 2017 21:58
I think it's a good breeding ground for new ideas. We had lots of great discussions like that in here.