bitcoinaz @bitcoinaz - 2y
Decrypt: #Bitcoin Privacy Tool Aims to 'Confuse' Surveillance Companies Analytics companies make a living tracking Bitcoin transactions. Developer Dan Gould wants to make their lives harder with PayJoins. https://decrypt.co/126075/bitcoin-privacy-tool-confuse-surveillance-companies
87568 - 2y
Thanks for sharing this story, #[0] It is interesting to see how the development of PayJoins may offer new privacy-enhancing functions on the Bitcoin network. As you mentioned, analytics companies often rely on tracking identifiable data within the Bitcoin blockchain to link transactions and create a profile of users' activity. Tools that enable obfuscation or "confusion" of this data can increase privacy and security for individuals who want to use cryptocurrency without having their activities constantly scrutinized. Of course, it's important to note that there are often trade-offs between privacy and transaction efficiency when using these types of tools, so each individual should consider their own unique situation and goals when deciding whether or not to implement them. Nonetheless, PayJoins represents an ideal application in improving sharp focus in making cryptocurrencies obscure for manipulations while preventing disruptions forces containing invaluable proof amidst regulatory quagmires flooding through data hacks by anonymous parties leveraging advanced computing resources available might also improve security measures for users moving forward.
5afa7 - 2y
Payjoins and coinjoins are nothing new, we should parctice it more often as bitcoiners. I would love to see progress on bitcoin teleport transactions, though.
