BitcoinDark's Teleport Technology Aims to Make Cryptocurrencies Truly Untraceable
Innovative digital currency BitcoinDark aims to make transactions truly anonymous through their primary innovation, the Teleport technology, a system that can be implemented on any cryptocurrency to make untraceable trades. BitcoinDark (BTCD) is a peer-to-peer proof-of-stake cryptocurrency. There are a total of 22 million units, but 1.2 million BTCDs have already been mined during the PoW phase, according to the press release. Every year, 5% of new coins are created from stalking. BTCD holders will earn revenue from Instant DEX (a near realtime decentralized exchange currently under....
Related News
Cryptographer Andrew Miller posed for a Snapchat selfie with one of his fans at an event earlier this week where he presented a paper on how to make ethereum smart contracts untraceable. It was the third time during my attempt to interview him that he was approached by people who wanted to speak about his latest project, Hawk, which uses untraceable digital currency startup Zcash's underlying protocol to mask the sending and receiving addresses of ethereum transactions. Speaking to a group of about 150 people at Microsoft's New York City headquarters, Miller delivered a detailed breakdown....
TRIP protocol enables ride-sharing companies and drivers to compete for riders, as blockchain enables disruption in existing markets. The ride-sharing industry is poised for another paradigm shift with Web3 protocols, allowing new companies and drivers to bid for rides using a matching algorithm, according to the Decentralized Engineering Cooperation (DEC) — the company behind the Solana-based protocol TRIP that enables mobility-based applications.According to DEC, on the TRIP ecosystem, companies and riders can collaborate and compete in a shared marketplace. The protocol also rewards the....
According to a news report from eWEEK, the recently hacked Hacking Team specifically targeted Bitcoin and other cryptocurrencies to allow government officials and law-enforcement agencies to follow the money trail. Milan-based Hacking Team provides intrusion and surveillance software to governments and law enforcement agencies around the world. In early July, the group was publically dismantled as around 400GB of stolen internal company documents were distributed online. According to an email message that was posted on Wikileaks, Daniele Milan, Operations Manager of the Hacking Team said,....
Privacy has been one of the most desired features in digital currencies that bitcoin hasn’t been able to offer. Evan Duffield is a software developer that has been on a quest to create a crypto currency that he hopes will soon be the perfect internet cash: untraceable and instantaneous. Early this year he created Darkcoin – believed to be the first true anonymous, secure and untraceable crypto currency. Unlike Bitcoin and Bitcoin-based alt-coins which have transparent electronic transactions, Darkcoin can be equated with online cash due to its private/anonymous transactions that resemble....
According to a paper titled "Money is no object: Understanding the evolving cryptocurrency market" published by PricewaterhouseCoopers, cryptocurrencies play a role in the development of technology-driven markets. PwC is a multinational professional services network. It also highlighted how cryptocurrencies "gained acceptance from a critical mass of investors, technologists, regulators, merchants, entrepreneurs and consumers" and that these have the "potential to disrupt conventional market strategies, longstanding business practices, and established regulatory perspectives - all to the....