Nodegate by Chainalysis draws ire of Bitcoin Community

Nodegate by Chainalysis draws ire of Bitcoin Community

Chainalysis, the new company on the block featured earlier on our site is back in news, but this time for a wrong reason. The company has been forced to defend itself after allegations of Chainalysis launching a Sybil attack on bitcoin network surfaced. Chainalysis' claims to provide financial institutions with the means to access real time transaction information from the blockchain. Their API allows users (their clients) to identify the origin of transactions for regulatory compliance. Nodegate. Chainalysis allegedly created 250 false nodes to obtain information about the origin of....


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