Menu
Dark Wallet promises anonymity for bitcoin transactions

Dark Wallet promises anonymity for bitcoin transactions

Coders push new Bitcoin app to keep users' identities private

Dark Wallet is a browser app that allows for anonymous bitcoin transactions.

Dark Wallet is a browser app that allows for anonymous bitcoin transactions.

A group of coders has launched a Bitcoin wallet that will make it more difficult to trace transactions using the digital currency.

Dark Wallet is a browser app for bitcoin payments that uses both encryption and CoinJoin technology.

CoinJoin essentially mixes multiple bitcoin transactions, selected at random, as one transfer of funds and conceals the original payers.

A similar technology called Shared Coin was implemented last November in the Bitcoin wallet on Blockchain.info. The site says the feature allows users to "route transactions through a shared wallet breaking the chain of transactions."

However, Dark Wallet offers anonymous transactions by default.

The political orientation of Dark Wallet's backers unSystem attracted attention to the app when it was launched on the Indiegogo crowdfunding website, where it raised more than US$52,000 last December.

"Bitcoin is the next battle ground in the fight against supranational political domination," wrote the backers, including Cody Wilson, known for creating the world's first 3D-printed gun.

On Twitter, Wilson retweeted a link to a Wired article in which he is quoted as saying about Dark Wallet: "Its just money laundering software.

Wilson was not immediately available for comment.

In a promo video for Dark Wallet, developer Amir Taaki appears with 3D-printed firearms, musing about the wallet's name. Taaki is associated with DarkMarket, a prototype decentralized online exchange that has been likened to the drug bazaar Silk Road, which the FBI dismantled in October 2013.

The Dark Wallet Alpha extension can be loaded into a Chrome browser, but developers have warned it is not stable and users should proceed with caution.


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags Internet-based applications and servicesinternet

Featured

Slideshows

Sizing up the NZ security spectrum - Where's the channel sweet spot?

Sizing up the NZ security spectrum - Where's the channel sweet spot?

From new extortion schemes, outside threats and rising cyber attacks, the art of securing the enterprise has seldom been so complex or challenging. With distance no longer a viable defence, Kiwi businesses are fighting to stay ahead of the security curve. In total, 28 per cent of local businesses faced a cyber attack last year, with the number in New Zealand set to rise in 2017. Yet amidst the sensationalism, media headlines and ongoing high profile breaches, confusion floods the channel, as partners seek strategic methods to combat rising sophistication from attackers. In sizing up the security spectrum, this Reseller News roundtable - in association with F5 Networks, Kaspersky Lab, Tech Data, Sophos and SonicWall - assessed where the channel sweet spot is within the New Zealand channel. Photos by Maria Stefina.

Sizing up the NZ security spectrum - Where's the channel sweet spot?
Kiwi channel comes together for another round of After Hours

Kiwi channel comes together for another round of After Hours

The channel came together for another round of After Hours, with a bumper crowd of distributors, vendors and partners descending on The Jefferson in Auckland. Photos by Maria Stefina.​

Kiwi channel comes together for another round of After Hours
Consegna comes to town with AWS cloud offerings launch in Auckland

Consegna comes to town with AWS cloud offerings launch in Auckland

Emerging start-up Consegna has officially launched its cloud offerings in the New Zealand market, through a kick-off event held at Seafarers Building in Auckland.​ Founded in June 2016, the Auckland-based business is backed by AWS and supported by a global team of cloud specialists, leveraging global managed services partnerships with Rackspace locally.

Consegna comes to town with AWS cloud offerings launch in Auckland
Show Comments