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[sociallocker id="55298"] A years-old privacy solution for addressing Bitcoin’s anonymity has got a facelift last week, with one developer believing the protocol can be deployed without requiring any change to Bitcoin’s source code. Addressing Privacy Issue Chris Belcher, a computer programmer boasting hundreds of committing across Bitcoin-centric projects, says the 2013-founded CoinSwap
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The Enigma mainnet was rebranded the Secret Network after an on-chain proposal by the community unanimously passed on May 17. The new website, Twitter and blog, among other digital assets, went live Wednesday. The Secret Network, so named to describe its decentralized governance, is an open source network that protects data
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According to a claim by Harvard Business Review, blockchain will do to banks what the internet did to the media. When it comes to the banks and financial organizations of today, blockchain has the potential to solve a host of problems. Blockchain technology possesses nearly all the attractive characteristics needed by
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Fledgling Ethereum anonymization protocol Tornado.cash has launched completely immutable smart contracts — rendering the protocol “unstoppable” from May 21.While the project has extolled the virtues of immutability and declared that “code is law,” many within the Ethereum (ETH) community are advising against depositing funds into the protocol.Tornado.cash opts for complete
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Tornado Cash, a privacy coin mixing tool for the Ethereum network, is now completely permissionless. According to the company’s blog post, from now on the code that runs the service will perpetually self-execute, which means that it is completely decentralized and unstoppable.Code is Now Law at Tornado.cashPrivacy on Ethereum has
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Ethereum’s premier coin mixing service is now permissionless.Tornado Cash, a privacy tool for obfuscating the history of Ether (ETH) transactions, completed a cryptographic process known as a trusted setup ceremony on May 10 followed by a contract update on Monday to create perpetually self-executing code.“With a record 1,114 contributions this
Read MoreWhile thousands of companies and entities look to grab people's data for various reasons, the commonly stated idea that folks don't care about privacy is untrue, according to the Electric Coin Company, the entity behind privacy-focused crypto asset Zcash. Citing inconvenience and other excuses, some people claim they do not care
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A handful of big names in crypto want in on the privacy features offered by Zcash.“It is humbling and inspiring that such a strong group of builders is leaning in to push that mission forward and help guide the future of Zcash,” privacy coin co-founder Zooko Wilcox said in a
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Governments and law enforcement agencies have been alerted to the possible illicit use of the pseudonymous Bitcoin (BTC) and cryptocurrencies ever since the notorious darknet marketplace Silk Road was shut down permanently by FBI, which seized more than 144,000 BTC derived from transactions made in the marketplace. This has
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The United Kingdom’s Open University has developed a COVID-19 proof-of-immunity app that combines blockchain with a privacy-preserving data solution from web inventor Tim Berners-Lee.The prototype app, undergoing testing as of April 29, would support the proof and verification of tamper-resistant test results for COVID-19 antigen tests and vaccination coverage.The solution
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