Anonymization Arms Race: Vertcoin first to incorporate Stealth Addresses
Anyone with even the slightest interest in the privacy concerns of Bitcoin and other cryptocurrencies would have little trouble finding a venue to watch and listen to the debate. Currently there are three positions on the issue. The first are the full bore Libertarians, like the Cypherpunks of years past whose motto was: “Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn’t want the whole world to know, but a secret matter is something one doesn’t want anybody to know. Privacy is the power to selectively reveal....
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If you didn’t know already, Vertcoin is an ASIC-resistant coin, one of the first coins I found out about andwrote about. Vertcoin with has been slowly dropping in market cap over the last few days, but that hasn’t discouraged the community with releases such as the Stealth Address, and now the POW change to Lyra2. Below is a short video explaining stealth addresses more in-depth. Vertcoin aims to be the cryptocurrency of choice for personal and business use. We were the first to offer Stealth Addresses protecting everyone’s right to privacy on the blockchain. We believe this to be a much....
Source: Reddit.com. The developers of Vertcoin, the ASIC-resistant alternative cryptocurrency, answered questions Sunday in an 'Ask Me Anything' thread on the currency's dedicated Reddit page, revealing improvements and new developments at play in the Vertcoin world. Vertcoin developer a432511 announced a few key accomplishments and developments in progress that he hopes will improve Vertcoin value and combat price drops: -PR/marketing campaign - A new PR and marketing campaign is under way that involves "a multi-channel advertising campaign starting with Facebook and ending with a press....
Execoin (http://execoin.net), the fast ASIC-resistant crypto currency, proudly presents the first open-source Electrum wallet with stealth addresses technology! After months of intensive development, the Execoin team has released its own open-source implementation of stealth addresses technology based on the Electrum-EXE wallet (http://electrum-exe.org/stealth). Unlike proprietary closed-source stealth payment solutions currently available on the market, the Electrum-EXE code can be audited in order to make sure that there are no security vulnerabilities or intentional backdoors .....
The Black Chamber, a development team that produces Blackcoin features, has announced a new addition to Blackcoin’s Wallet Obsidian. Users will now be able to customize their public stealth addresses with pseudonyms, allowing them to have memorable addresses without compromising their privacy. Addresses can be customized using any language that can be typed, which opens up many possibilities. For instance, Blackcoin-using companies can utilize this feature to create an address with the company name; the ability to use any language would even allow a business or organization to have a....
"So far, [bitcoin users have] had to pick between simplicity and privacy," bitcoin core developer Mike Hearn told CoinDesk. "Stealth addresses let us have our cake and eat it." Hearn's reaction echoes others who have seen the block chain improvements proposed in a new paper by noted bitcoin developer Peter Todd, based on input from: Gregory Maxwell, Adam Back and Amir Taaki. Released via SourceForge on 6th January, the paper details the creation of a stealth address: a new type of bitcoin address that is being heralded as "revolutionary" for its ability to allow more anonymous payments on....