Chain Previews New Blockchain Privacy Tech 'Confidential Assets'
Blockchain startup Chain previewed forthcoming privacy tech for its Chain Protocol platform yesterday at CoinDesk's developer conference, Construct 2017. Held at the Innovation Hangar in San Francisco, the event saw Chain chief product officer Devon Gundry and product architect Oleg Andreev showcase how the startup, backed by the venture arms of Capital One and Nasdaq, is navigating one of the biggest industry obstacles – building a distributed ledger that ensures data is revealed only to desired parties. On stage, Andreev walked through a technology the startup terms 'Confidential....
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Monero, the fifth largest digital currency with a market cap of nearly $200 million, has successfully hardforked yesterday to add higher levels of privacy and anonymity by implementing an adapted version of Confidential Transactions. The networks’ near 650 visible full nodes have made the transition without any noticeable problem so far, with the market responding positively as indicated by an increase in Monero’s price of more than 4.5% at the time of publishing. Monero’s Price Following a Hardfork to Implement Confidential Transactions. Chat Courtesy of Poloniex The network hardforked to....
Beam, the crypto project utilizing Mimblewimble privacy tech, has announced the imminent launch of a confidential defi network called BeamX. Almost two years on from its mainnet launch, the privacy coin is moving into the defi sector to enable the creation of dApps that are user-friendly and privacy-centric, citing flaws inherent in the Ethereum ecosystem. […]
The San Diego-based cryptocurrency firm Edge has announced the launch of a confidential crypto Mastercard that doesn’t collect KYC data and doesn’t charge transaction fees. Edge’s website notes that there’s “no name or address associated with [the] Edge Mastercard” giving privacy advocates peace of mind.
Edge Reveals Privacy-Centric Crypto Mastercard
The digital currency firm Edge has announced the launch of the Edge Mastercard, a loadable crypto debit card that doesn’t collect KYC data. Edge revealed the Mastercard on Twitter and....
Andrew Poelstra is a mathematician at Blockstream and was recently part of a panel discussion on improvements for Bitcoin at the 2016 MIT Bitcoin Expo. During the panel, Poelstra discussed Confidential Transactions, which is a privacy-enhancing feature he has been working on with Blockstream co-founders and Bitcoin Core contributors Greg Maxwell and Pieter Wuille. One of the main reasons Blockstream is working on Confidential Transactions is to preserve the censorship-resistant properties of Bitcoin and other blockchains. Although scalability solutions have been a major area of contention....
Many Bitcoiners hope to one day be able to send bitcoin on-chain in a private manner: for now, Liquid can help with confidential transactions.