Bitcoin Privacy: "Confidential Transactions" Feature Can Fix Some of …

Bitcoin Watch Shop

Andrew
Poelstra

is a mathematician at
Blockstream

and was recently partial of a row row on improvements for
Bitcoin during the
2016 MIT
Bitcoin Expo

. During a panel, Poelstra discussed
Confidential Transactions

, that is a privacy-enhancing underline he has been operative on with
Blockstream co-founders and
Bitcoin Core

contributors
Greg
Maxwell

and
Pieter
Wuille

.

One of a categorical reasons Blockstream is operative on Confidential
Transactions is to safety a censorship-resistant properties of
Bitcoin and other blockchains.

Scalability Is Not a Only Problem with Bitcoin

Although

scalability

solutions have been a vital area of row lately, Poelstra
understands this is not a usually genuine problem. During his recent
appearance during a MIT Bitcoin Expo, Poelstra forked out a issues
related to a open inlet of Bitcoin transactions:

“Lately, we’ve been articulate about scaling and centralization,
but that’s not a usually problem with Bitcoin. This one might be a bit
attractable, that is that all exchange are open and all of
the information in all a exchange are public. This allows a
lot of research to occur . . . [People] can infer a lot about
transactions only from a amounts and


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