Breeze Bitcoin Wallet to Deploy Production-Ready Tumblebit Anonymizer

Breeze Bitcoin Wallet to Deploy Production-Ready Tumblebit Anonymizer

As blockchain surveillance rises, the need for private financial transactions for bitcoin has become a holy grail for bitcoiners. Over the past few months, many Bitcoin proponents have been focused on the Tumblebit project, a protocol that aims to anonymize transactions. This week, the blockchain development company Stratis has announced “Breeze Wallet”, a protocol that will implement Tumblebit into a “real-world production environment.” Stratis Announces ‘Breeze Wallet’ a Tumblebit SPV Wallet in C#. Stratis is a blockchain development platform that allows developers and enterprises the....


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Quotes

Bitcoin is an interesting idea, but I think their mechanism for regulating the currency supply is fundamentally flawed. Because the Bitcoin supply doesn't increase in proportion to the growth or use of Bitcoins, there is a deflationary effect, creating an incentive for people to hoard Bitcoins rather than spend them. Gresham's Law in economics suggests that for a complementary currency to be successful, it needs to have an inflationary effect that exceeds inflation in the national currency.

Alex Zorach, Community Currency Developer, Founder of Merit Exchange LLC