CoinSwap, an old privacy trick created by Greg Maxwell, is back with a new design that could solve Bitcoin’s privacy problem for good.
An old Bitcoin privacy protocol has found new relevance with a new design implementation by Chris Belcher.
CoinSwap allows two or more parties to “swap” coins between each other without publishing the real recipient’s address to the blockchain.
If it works out in practice as in theory, this could make Bitcoin much more fungible and private—but, as always, there are a few catches.
ABitcoin developer just resurrected a dormant privacy protocol that could be the silver bullet for Bitcoin’s anonymity issue. And it can be put into action without changing Bitcoin’s source code.
Read more here https://decrypt.co/30756/bitcoin-privacy-coinswap-chris-belcher
