Researchers Claim New System Makes Bitcoin Transactions Harder to Track

Researchers Claim New System Makes Bitcoin Transactions Harder to Track

Researchers from North Carolina State University, Boston University, and George Mason University in the U.S. have created a new system that makes it harder to detect bitcoin transactions. Called TumbleBit, it is a computer protocol that runs on top of Bitcoin and benefits from an existing notion known as a ‘mixing service,’ according to a report from the North Carolina State University. According to the research, instead of Party A paying Party B, there are several Parties A that pay an intermediary ‘tumbler,’ which then pays Parties B. However, the more parties involved, the harder it is....


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