Tag: privacy & security

This is a promoted article provided by BitMix.Biz A bitcoin mixer, also known as a bitcoin blender or tumbler, is a service designed to ensure the anonymity of Bitcoin transactions using a special mixing algorithm where bitcoin from several sources are combined and mixed to rid coins of compromising traces of past transactions to hide their origin and protect the privacy and...

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When you run your own Bitcoin node, you don’t have to rely on a third party to broadcast, propagate, validate or confirm your transactions. The post Not Your Node, Not Your Validation appeared first on Bitcoin Magazine.

Proof of Keys day was initially created as a test for exchanges and other third-party custodians — a way for individuals to ensure that third parties holding bitcoin weren’t operating as a fractional reserve. Let’s face it: It’s likely that many third-party bitcoin custodians are doing just that, and Proof of Keys day is unlikely to change anything. It’s time for this Bitcoin...

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With the growth of Bitcoin’s popularity, more businesses are starting to accept it as a mode of payment. As with any financial asset, increased acceptance is coupled with a rise in fraud attacks. Although Bitcoin was designed so that transactions are publicly verified, the Bitcoin ecosystem will always witness attempts at double spending as a primary way of committing fraud on the network....

Twelve years is the blink of an eye in historical terms, but it’s an eternity in tech. Just look at the cellphone, which went from niche accessory to absolute necessity in under a decade. Still, new technologies don’t always soar immediately: it took a quarter of a century for the humble washing machine to reach even half of U.S. homes. This Halloween marked...

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This is a promoted article provided by SatoshiLabs. To succeed, Bitcoin must be attractive and intuitive to all kinds of users. Making an ecosystem that serves everyone’s needs equally is a significant undertaking, but it’s made much easier through collaboration. There are four fundamental tiers of user that need to be defined if they are to be protected, each building on the foundations...

On November 6, 2020, the Council of...

Bitcoin is highly technically-secure as a protocol, meaning that there is only one reason why you’d ever lose your coins: human error. As with many things, people are the biggest security vulnerability in Bitcoin and, as we know, humans are far harder to fix than code. Two stories from last month showed how far we are from solving Bitcoin’s security challenge. At the...

Wasabi Wallet, a privacy-focused Bitcoin wallet, today announced Wasabi Wallet 2.0. It expects the product to release sometime in the next three to 14 months. Wasabi Wallet is a free and open-source desktop wallet that leverages CoinJoin mixing to obscure transaction history by combining multiple bitcoin payments from multiple parties into single transactions,...

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This is a promoted article provided by bitcoinmix.org. Bitcoin mixers are services that mix BTC from different sources to obscure their transaction history. Using these services, Bitcoiners can protect their privacy and keep prying eyes from assessing the history of their funds or other information about them. Bitcoin addresses are pseudonymous, and don’t inherently reveal the specific real-world identity of their owners, but...

If you’re a bitcoin trader or investor, you’ve probably traded on multiple cryptocurrency exchanges and, for the most part, trusted that those exchanges are keeping your data secure from unlawful data collection just like a bank or credit card provider would. Unfortunately, that doesn’t seem to be the case. On July 15, 2020 (Tax Day this year), New Civil Liberties Alliance (NCLA) filed...

On October 1, 2020, WikiLeaks Founder Julian Assange’s extradition hearing at the Old Bailey in London came to an end. What unfolded during 18 days of hearings was a Kafkaesque show-trial of a free press, where Assange was placed behind a glass case, unable to have access to his lawyers. This is a war against journalism, and an empire’s assaults on the rights...

This article originally appeared in our Down The Rabbit Hole newsletter. If you want our news and analysis straight to your inbox, make sure you subscribe now! “Do not go where the path may lead. Go instead where there is no path and leave a trail.” — Ralph Waldo Emerson The key feature of Bitcoin is that it is free from control...

Although it represents a revolutionary step in individuals’ ability to gain financial freedom, Bitcoin in and of itself is not enough to achieve complete sovereignty from third parties or central governments. As many adopters of the technology know, Bitcoin is not private or anonymous. For many, basic pseudonymity (as well as Bitcoin’s other advantages) is enough. But for some,...