Three Easy Ways to Improve Your Bitcoin Privacy & Security
As the world of Bitcoin becomes bigger, more lucrative and more mainstream, there are going to be more eyes on the industry. Here are three easy ways to boost your privacy and security. Spotlight On Your Security. Whether its surveillance from government agencies or hackers looking for bitcoins and information, here are three ways to improve your Bitcoin privacy that you may know, but aren’t exploiting. Using Bitcoin is not anonymous, as most current users already know. The public Bitcoin blockchain will not reveal your identity directly, but your Bitcoin transfers can be tracked with....
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Cryptocurrencies like Bitcoin can improve lives. That's an undisputable fact that we have seen evidence for over and over again. Below we have listed five ways cryptocurrency improves lives. Let us know in the comment field how you think cryptocurrencies improve lives. 1. Privacy. Many who choose Bitcoin and other cryptocurrencies as a means of exchange and storage would otherwise choose cash in daily life. Cash doesn't know anything about its holder. On the face this may sound nefarious, but in fact it's more a protective measure based on experience for most. For others, it's just a....
Silent payments improve user privacy and are similar to stealth addresses and reusable payment codes, but actually save space on the Bitcoin blockchain.
Airbitz is trying to introduce a new security protocol that doesn't rely on a central server to store sensitive data. Airbitz Edge Security presents an alternative to centralized security platforms whose nature makes them "hackable" and easy to be compromised. While the common EdgeSec protocol works on centralized devices such as routers, the Airbitz Edge Security Protocol looks to decentralise this function. Airbitz aims to bring secure, decentralized technologies to millions of new users through simple feature applications focused on making ease of use and convenient levels of security.....
The Australian government-owned Australia Post has unveiled plans that it will conduct tests through digital voting via the blockchain technology in a bid to reduce costs and improve efficiency. The plans have been met with criticism from a prominent privacy consultant. Recently a submission was presented to the Victorian Electoral Matters Committee by the Australia Post who intend to operate electronic elections utilizing the blockchain technology. According to ZDNet, the postal service thinks that with the use of digital voting it will improve on convenience, better counting, reduced....
Security is of the utmost importance when suggesting newer technologies on a large scale, and a proposal is made to present bloom filters to lightweight clients through semi-trusted oracles. Bitcoin developers are always looking to add new features and improvements to the many available wallet solutions. The introduction of committed bloom filters will be a significant milestone for privacy as the BIP37 SPV solution needs to be reworked. For Bitcoin users who have been embracing the lightweight client model, there are some issues associated with BIP37 SPV in its current implementation.....