Privacy Project TumbleBit Inches Closer to Release With Tor Integration and New Wallet
TumbleBit is one of the most promising privacy-enhancing technologies being built on top of Bitcoin right now. It allows users to mix their coins fully anonymously, without requiring trust in any third party. An advanced version of the technology, which requires Segregated Witness, can even be utilized as a second-layer payment hub to reduce transaction....
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As blockchain surveillance rises, the need for private financial transactions for bitcoin has become a holy grail for bitcoiners. Over the past few months, many Bitcoin proponents have been focused on the Tumblebit project, a protocol that aims to anonymize transactions. This week, the blockchain development company Stratis has announced “Breeze Wallet”,....
An innovation called TumbleBit that improves the privacy and fungibility of bitcoin transactions was presented at the Bitcoin Scaling conference in Milan, reports NASDAQ. TumbleBit builds on the CoinSwap intermediary solution with added layers of cryptography to improve both the privacy and fungibility of bitcoin transactions. The fact that the transaction history of each bitcoin is traceable puts all bitcoins’ fungibility at risk. “Tainted” bitcoins can be valued less than other bitcoins, possibly undermining bitcoin’s value proposition as money. A key problem for fungibility and privacy....
TumbleBit is probably one of the most promising technological advancements built on top of Bitcoin to date. Not only does it offer one of the best — if not the best — privacy related innovations so far, it can also provide significant scaling benefits as a payment hub. The solution is also fully compatible with the current Bitcoin protocol and, most important, it is in an advanced stage of development. “The prospect is good that before summer we will have software that regular users can safely use,” one of TumbleBit’s inventors, Ethan Heilman, told Bitcoin Magazine. NTumbleBit. TumbleBit....
The Dark Wallet Alpha 7 has been released. The new release brings big structural changes: Interface translations support. New Keyring structure, BIP44 compliant. BitcoinJS upgraded to stable version 1.2. The new release also brings some other minor features. The release is labeled "alpha," so beware that it's still considered experimental software that may have bugs and stability issues. Please read the instructions carefully before upgrading from a previous version of Dark Wallet. Dark Wallet is a project that adds layers of privacy and anonymity to Bitcoin transactions. It is designed to....
The price of Bitcoin is difficult to predict as various factors impact the value of the digital currency. However, there are six major events that could lead to a surge in the price of Bitcoin in 2017. These include the activation of Segregated Witness, hereinafter Segwit, the release of Lightning Network and Tumblebit, approval of Bitcoin ETFs, the financial crash and economic instability. Segwit, Lightning, Tumblebit. Segwit, Lightning and Tumblebit are all scalability solutions initially introduced to facilitate larger amounts of transactions primarily to deal with the increasing user....