Bitcoin Messenger Explores Censorship Resistance During Coronavirus Crisis

A new bitcoin privacy technology was born this week, inspired by the politics of the “Great Lockdown.”  On Monday, software engineer John Cantrell released a messenger application called Juggernaut. It’s built entirely on top of bitcoin’s scaling layer, the Lightning Network, and offers end-to-end encrypted, onion-routed, peer-to-peer messages. In some ways, Juggernaut offers a more […]

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Researchers Surface Privacy Vulnerabilities in Bitcoin Lightning Network Payments

New research warns cryptocurrency users that the Lightning Network can expose financial information of bitcoin payments thought to be anonymous. A second financial layer, the Lightning Network was proposed in 2016 to improve the speed, affordability and privacy of bitcoin payments. In an attempt to enhance anonymity, transactions are broadcast off the bitcoin blockchain and […]

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Bitcoin’s Lightning Network Is Growing ‘Increasingly Centralized,’ Researchers Find

Bitcoin’s lightning network is growing “increasingly centralized,” making it more susceptible to attacks, asserts a new paper by security researchers. Seen as a potential solution to bitcoin’s scaling headaches, lightning is a payment network allowing for speedier and cheaper transactions. Partly to make lightning more robust, developers and researchers have been trying to spot holes […]

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