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Bitcoin Cash Gets Significant Privacy Boost With Cashfusion Alpha Launch

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Bitcoin Cash Gets Significant Privacy Boost With Cashfusion Alpha Launch Bitcoin Cash Gets Significant Privacy Boost With Cashfusion Alpha Launch

Bitcoin Cash Gets Significant Privacy Boost With Cashfusion Alpha Launch






On January 17, the BCH developer known as Acidsploit announced the launch of the highly anticipated Cashfusion alpha. Interested parties can reach out to the Cashfusion developers via the team’s Telegram group to become an alpha tester. The news of the launch excited the BCH community a great deal, as it means a significant privacy tool is coming to the Bitcoin Cash environment.
Also read: How to Create Custom SLP Tokens With the Bitcoin.com Mint
Bitcoin Cash Is Becoming More Fungible
During the last few months, there’s been a lot of chatter about the Cashshuffle protocol and the newest privacy-preserving concept Cashfusion. Since the inception of the original Cashshuffle project which launched on March 27, 2019, there’s been over 200,000 BCH shuffled. According to @Acidsploit’s data, that’s a total of 42,446 shuffles to date and daily recorded volumes show shuffling really picks up on the weekends. The developer’s Cashshuffle site also shows the number of Cashfusion transactions, and there are now 1,322 fusions at the time of publication. Cashshuffle leverages the Coinjoin concept, but there are still a few ways shufflers can leak data about their original addresses when they do things like spend change or consolidate funds.
Acidsploit’s Bitcoin Cash Privacy Stats website notes there’s been 1,322 fusions so far and 42,446 shuffles.
Recently, former lead Bitcoin Core developer Gavin Andresen wrote about the issues with consolidating coins and spending change after using the Coinjoin-styled ethereum wallet Tornado.cash. Cashfusion, however, goes beyond the traditional Coinjoin idea because developers claim Cashfusion-based Coinjoin transactions can be done without the equal amount requirement. Electron Cash developer Jonald Fyookball published a paper about the combinatoric math in Cashfusion. A quote in Fyookball’s paper from software developer Mark Lundeberg states: In Cashfusion, we have opted to abandon the equal-amount concept altogether. While this is at first glance no different than the old naive schemes, mathematical analysis shows it in fact becomes highly private by simply increasing the numbers of inputs and outputs. For example, with hundreds of inputs and outputs, it is not just computationally impractical to iterate through all partitions, but even with infinite computing power, one would find a large number of valid partitions.
The creator of the BCH-centric blogging website read.cash wrote a comprehensive article about Cashfusion and how it works.
The Bitcoin Privacy Game-Changer Cashfusion Is Here
Additionally, the privacy-centric Wasabi wallet developer recently complimented the Cashfusion project and said that if the math works it could benefit Bitcoin privacy significantly. “I am not convinced if this is true, but if it is, it’s a game-changer in Bitcoin privacy,” the Wasabi engineer tweeted. Then on January 17, after the Cashfusion developers teased th...
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Bitcoin Cash Gets Significant Privacy Boost With Cashfusion Alpha Launch Bitcoin Cash Gets Significant Privacy Boost With Cashfusion Alpha Launch
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Fuente de la noticia: news-bitcoin
Fecha de publicación: 21-01-2020 21:17
visto: 8

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