Over the last few years, privacy has become of great importance to digital asset enthusiasts as law enforcement has cracked down on money transmitters, seized coin shuffling services, and blockchain analysis has increased significantly. To thwart this, some bitcoiners have turned to mixing applications that utilize the Coinjoin protocol and other methods of obfuscation. However, […]
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On Jan. 24, Adam Gibson, author of Waxwing’s Joinmarket blog, wrote about an interesting Coinjoin concept called Payjoin. The protocol further obfuscates the ownership of UTXO inputs during a Coinjoin transaction mixing cycle. According to Gibson, the Payjoin technique is “another nail in the coffin of blockchain analysis.” Also read: Mystery Bitcoin Miners Are Altering Mining […]
The post Bitcoin Mixing Concept Payjoin Makes a ‘Huge Mess’ for Blockchain Surveillance appeared first on Bitcoin News.
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