7 years ago
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New Dandelion Proposal Aims to Anonymize Bitcoin Transaction Broadcasts
Dandelion is a concept designed by the Zcash advisor and developer Andrew Miller and a team of University of Illinois researchers. A few months ago the team released its white paper ‘Dandelion: Redesigning the Bitcoin Network for Anonymity.’ The project is a new type of transaction broadcasting method that aims to stop people snooping and locating Internet Protocol addresses (IP). Essentially transactions relayed to nodes go through a few hops followed by a symmetric broadcast sent to other nodes which cannot identify the original IP source.
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So is this not basically a proxy or VPN tunnel for transactions? If so why not just use a VPN while conducting business with the bitcoin wallet.