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When people give reasons for various altcoins’ inability to overtake bitcoin as the dominant digital asset in the world, the conversation sometimes doesn’t move far past the network effects surrounding the world’s most dominant crypto asset. However, there are other reasons, sometimes related to bitcoin’s strong network effects, to...
In another step towards greater privacy and protocol-level advances for cryptocurrencies, a team of researchers, including Bitcoin Core developers Pieter Wuille and Greg Maxwell, have recently released a paper outlining a protocol for zero-knowledge proofs entitled “Bulletproofs: Short Proofs for Confidential Transactions and More”. Zero-knowledge proofs are an important...
While bitcoin is often referred to as an anonymous online currency that is used by criminals on the dark web, the reality is that the P2P digital cash system does not offer much privacy to its users at all. Many blockchain analytics companies have popped up over the years,...
On a recent episode of The Bitcoin Podcast, Litecoin creator and Coinbase Director of Engineering Charlie Lee spoke with co-hosts Corey Petty and Marcello Milteer about the activation of Segregated Witness (SegWit) on Litecoin. During the discussion, Lee shared his thoughts on the important role of miners in the...
At a recent presentation at the Coinbase headquarters in San Francisco, Blockstream CTO and Bitcoin Core contributor Greg Maxwell discussed the challenges of implementing privacy enhancements in Bitcoin, specifically in terms of the Confidential Transactions (CT) proposal.In short, CT is a privacy solution for Bitcoin that blinds the amounts...

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