The Real Story Behind a MIT ChainAnchor Project for Bitcoin

Bitcoin Watch Shop

ChainAnchor is an MIT plan that was brought to a courtesy of a Bitcoin village final week by Bitcoin Core writer Peter Todd. In his blog post, Todd questioned either this plan might have been an try to move Anti Money Laundering (AML) and Know Your Customer (KYC) correspondence to Bitcoin.

MIT Connection Science Managing Director David L. Shrier responded to Todd’s blog post directly on Reddit, saying, “ChainAnchor was never dictated for [B]itcoin.”

When initial asked about because a preliminary chronicle of a ChainAnchor paper discussed Bitcoin, Shrier forked Bitcoin Magazine to another Reddit comment where he said, “[ChainAnchor] was never dictated to request to Bitcoin. In a march of 7 successive drafts, we have sought to explain this.”

When afterwards asked because there are pithy references to implementing ChainAnchor as an conceal on tip of a Bitcoin blockchain, Shrier told Bitcoin Magazine, “In a really early breeze of a project, a concentration on permissioned blockchains was not good explained, that is because we clarified.”

Shrier went on to indicate to a current chronicle of a ChainAnchor paper, that is some-more pithy about a use in permissioned ledgers


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