Report: Bitcoin Wallet Providers Failing to Make Privacy a Priority
Bitcoin wallet providers haven't focused on increasing privacy to promote consumer financial independence and safety over the last year, according to the Open Bitcoin Privacy Project’s (OBPP) second edition survey. As no provider received a score of more than 50 out of 100, the OBPP suggests privacy work has stagnated within the bitcoin wallet industry and that improvements to these services are greatly needed. While new bitcoin wallet providers have begun adopting hierarchical deterministic (HD) architecture for advanced security, the OBPP contends that many privacy advances from 2014,....
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How private is your bitcoin wallet? The Open Bitcoin Privacy Project (OBPP), a global, not-for-profit organization devoted to improving financial privacy in the bitcoin ecosystem, attempts to offer some guidance with its Bitcoin Privacy Rating Report. OBPP has released its second edition of the report, scoring 20 wallets on their privacy features. The top ranking in this report goes to Ledger, which earned a score of 50 out of 100 possible points, based on usability, quality and feedback. OBPP’s goal is to make financial privacy visible so that users can make informed choices about privacy....
Bitcoin wallet providers Darkwallet and Armory performed the best in an independent test that sought to identify the strongest wallet offerings for financial privacy. Darkwallet version 0.8.0 and Armory version 0.93.1 both received top scores of 45 out of 100 from the Open Bitcoin Privacy Project (OBPP) Spring 2015 Wallet Privacy Rating Report, the first release from the open-source organisation that seeks to promote and improve privacy in the bitcoin ecosystem. Scores were based on performance in five categories that assessed the privacy the wallets offered from blockchain observers and....
Although Bitcoin has a reputation as a haven for criminals who wish to transact online in an anonymous manner, it doesn’t appear the currently available wallet options are very helpful for this potential use case of the digital cash system. In their second edition of the Bitcoin Wallet Privacy Rating Report, released Sunday, the Open Bitcoin Privacy Project (OBPP) has painted a rather dismal picture of privacy in Bitcoin wallets. The OBPP report says that many privacy-focused initiatives for Bitcoin “stalled out” in 2015. In the introduction to the report, OBPP contributor Kristov Atlas....
The Open Bitcoin Privacy Project (OBPP), has released a report on 10 leading Bitcoin wallets, setting standards for privacy that they argue are much needed in the space. The Bitcoin wallets in the report include Coinbase, Blockchain.info, Mycelium, Darkwallet, Airbitz, Armory, Electrum, Bitcoin Wallet and Multibit Classic. According to the report, Darkwallet is the most privacy-concerned wallet, while Coinbase falls on the other end of the spectrum. OBPP is a Bitcoin privacy research organization lead by prominent figures in the Bitcoin community, including Kristov Atlas, a well-known....
Sadly, there are several reasons why the blockchain community has fallen short in making privacy a tier-one priority, and that must be changed. Privacy is a complicated topic. Few would argue that privacy is not important. It’s generally more interesting to talk about things that are disputable. So, the limited arguments against privacy actually make it somewhat boring to discuss and easy to take for granted. As Edward Snowden famously said: “Arguing that you don't care about privacy because you have nothing to hide is like arguing that you don't care about free speech because you have....