The fact that wallet IDs are visible in the blockchain breaks it completely for me. I do NOT want an immortal record of every penny I spent and to whom I gave it. Fuuuuuuuck that. Today I have a choice, but with many cryptocurrencices (ETH, BTC) that is a "feature" not a "bug".
Monero and Ravencoin have transparent and shielded entries. I believe the node is encrypted with an ECDH shared secret, so the payer and the payee know each other's wallets, but no one else does.
yes, i did mean that. also pegging it to a real currency, like USDCoin. I have not heard of Mimblewimble. Thanks for the reference, I'll add it to my list of coins to study.
Monero and Ravencoin have transparent and shielded entries. I believe the node is encrypted with an ECDH shared secret, so the payer and the payee know each other's wallets, but no one else does.