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.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags internetInternet-based applications and services

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Tim Hornyak

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?