Bitcoin Cash and Bitcoin Transactions Privacy Protection Coming!
Both currencies are getting ways to keep transactions private right now.
STRATIS and Breeze Wallet
STRAT currency shared alpha of their new wallet that will allow you to store STRAT and BTC plus mix transactions using TumbeBit method.
Markets
I would suggest to get some STRAT before full release especially from Binance due to superb low fees there.
Cash Shuffle - Bitcoin Cash
Unlike beta from another currency there is full release of Bitcoin Cash with plugin for Electron using CoinShuffle protocol.
Unlike mixers you could been used to, here users run servers and add the plugin, then coins are shuffled between transactions in fully decentralized way. Think of it masternodes a like.
https://cashshuffle.com/ fully open source.
Bitcoin Cash Markets
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Will this functionality essentially make Dash, Zcash and Monero obsolete/useless?
Yea, reason why I never wanted to invest in Dash, Zcash, or Monero. The anonymous technology will eventually be adopted by the major coins.
The level of anonymity offered by this coin has never been done in the past. Privacy Protection at the Tor Level, Ring and Multi-Signature, Zero-Knowledge Proof, Dual-Key Stealth Address.
Bitcoin, Dash, Zcash and Monero will look amateurish.
That's a monster if they implement it. But the token sale performance and GitHub activity makes me take a step back. The project looks too good to be true and commits practically all the sins of an ICO. The bonuses are way too huge and I doubt these guys would even deliver.
The bank creation and international card issuance for ATM transactions are to me the most killer features.
Well there are projects like Monaco, Metal, TenX that gets the job done for most cryptos.
You'll have to consider multiple elements. Mainly the quality of the provided privacy and other extra features.
How good is the mixing. Is it trusted or trustless? Dash has unbroken trustless mixing at the protocol level. Dash maintains the transparency while remaining fungible. You know the inputs and outputs only.
Zcash uses zk-SNARKs which is actually a trusted setup that obscure both Tx amount and the sending/receiving parties. It's trusted encryption.
Monero (which had it's pre 2017 privacy broken) uses mixins which are like fake coins and Ring Signatures to obscure Tx.
All these methods are more than somebody doing a shuffle. These functionalities are no threat to any major privacy coin even including PIVX, XVG and ZEN.
I plan to create my own coin soon. I am still thinking of what might be the best name.
Try picking up a name from a legend or mythology. It could be Greek, Egyptian, Chinese, Japanese, European.....just take something from the myths. It'd be cool.
Yo ,
Thanks for the great content
You're welcome! Nothing comes close to what this platform has to offer in terms of privacy and security. The rest are nonsense! Not even Monero. Best thing about it is that, it is using PoS as a form of consensus algorithm.
THIS is big news for that crowd!
Thanks for sharing this update with us, we all gained from being aware of this. Namaste :)
Yep, namaste too brother! This ICO is another big news that is about to explode this coming January next year, 2018. Be sure to be on the front seat so you won't miss the next Bitcoin on steroids. Early birds enjoy coin bonuses. Don't thank me now, thank me later when you are rich!
Hope bch becomes the new bitcoin!
Interesting ... I'll have to buy more Stratis to add to my portfolio.
This alt-coin will be the next big thing in 2018. Better than Bitcoin, superior than Monero.
I just bought some Stratis on the slight dip it had today! :)
That's OK brother. Happy Steeming!
so thanks! i vote your board!
What we really need is LOW FEES.
Privacy protection can wait.
I agree! Who needs that privacy when we cannot transact penny, right?
Bitcoin is a garbage now, truth be told.
What if I told you there is an ICO going on which will provide you with LOW FEES and total privacy combined?
Don't take my words for it. Go take a look at the video presentation and read the White Paper here.
Great news thank you...
Very informative thanks for sharing..
there are so many alt coins coming these days and yet many big private corporations like starbucks , burger king etc are planning for their own coins . this is defintely going to be a game changer but which altcoins will take the next few spots after the Bitcoin is the key for this internet and digital currency and Virtual world era. by the by its a nice info man.
This ICO will be the next Bitcoin next year.