Researchers Claim New System Makes Bitcoin Transactions Harder to Track
Researchers from North Carolina State University, Boston University, and George Mason University in the U.S. have created a new system that makes it harder to detect bitcoin transactions. Called TumbleBit, it is a computer protocol that runs on top of Bitcoin and benefits from an existing notion known as a ‘mixing service,’ according to a report from the North Carolina State University. According to the research, instead of Party A paying Party B, there are several Parties A that pay an intermediary ‘tumbler,’ which then pays Parties B. However, the more parties involved, the harder it is....
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