Monday, August 15, 2016

Mimblewimble: A Stripped-Down Bitcoin Version Improves Privacy, Fungibility and Scalability

A slimming down of the bitcoin protocol called Mimblewimble generates a blinding factor that can prove ownership of bitcoins, making private keys unnecessary, and offering a solution to the need to balance bitcoin privacy against fungibility while also improving scalability, according to a white paper that appeared mysteriously on a bitcoin research site authored by […]

The post Mimblewimble: A Stripped-Down Bitcoin Version Improves Privacy, Fungibility and Scalability appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

No comments:

Post a Comment