I am a new user too; so are you trying to say wallet transfers are not encrypted? Also for each chat message I have to send 0.001 SBD, and enter password? I am just trying to understand the utility...
Many thanks!
I am a new user too; so are you trying to say wallet transfers are not encrypted? Also for each chat message I have to send 0.001 SBD, and enter password? I am just trying to understand the utility...
Many thanks!
Wallet transfers are not encrypted, indeed. If you go to https://steemit.com/@cryptosharon/transfers, for example, you'll be able to read all the memos that I have sent and that people have sent to me.
And yeap, or more SBD or STEEM.
edit: Screenshots from @therealwolf's wallet
Plain text message:
Encrypted message:
Thanks; but you will still be able to see person 1 send 2.383 SBD to person 2? Is that correct?
Indeed! The amounts cannot be encrypted, only the memos. Amount exchanges from account to account are always inevitably public.