CoinPool: A New Design To Scale Bitcoin And Improve Privacy
CoinPools could enable billions of people to claim ownership of on-chain bitcoin, allowing for Bitcoin to scale while improving privacy in the process.The below is a direct excerpt of Marty's Bent Issue #1167: "A detailed CoinPool design emerges." Sign up for the newsletter here. Source Bitcoin-dev In June of 2020 we made you freaks aware of a CoinPool design published by Antoine Riard and Gleb Naumenko that provided a high level overview of how they were thinking a CoinPool should be implemented. Fast forward almost two years and the duo has released a white paper that outlines in....
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Calling itself the "first exclusive bitcoin portal," CoinPool.com features a directory of businesses who accept bitcoin, sorted into over 100 categories and a marketplace where users can purchase items with bitcoin. Bitpay.com currently offers a bitcoin business directory, which boasts a search function and categories. Listings come with just one photo, a short blurb and a link to the merchant's website. Bitcoinyellowpages.com is another good resource. But the functionality is a bit counterintuitive. Clicking on a category takes a user to a map view instead of a listing. Bitcorati's....
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....
Silent payments improve user privacy and are similar to stealth addresses and reusable payment codes, but actually save space on the Bitcoin blockchain.
The decentralized design of the web gives it the potential to be more privacy-preserving than any other system. Yet, there are long range threats at play.
Deloitte found a way to use blockchain technology to improve product warranties at its recent three-day hackathon. The innovative product warranty demonstrates how blockchain can improve a regular task such as managing a product warranty. A summary of the application has been posted on the Deloitte website. Consumers have long found product warranties problematic since warranties are easily lost. Being recorded on paper, warranties can also become unreadable over time. One of the design problems addressed at the hackathon was to provide a service that makes activating, using and changing a....