Tag Archives: mimblewimble

While most crypto-assets struggled to keep their price upwards due to the crypto winter, Litecoin appeared to have been decoupling from its peers, which aided its trajectory. In fact, it has been posting gains over the past month. Despite a promising attempt at a comeback, the developer activity on the network was lagging. Data from Santiment shows that the development activity first gained traction in early September before skyrocketing in October. The figures went downhill...

Two leading South Korean cryptocurrency exchanges, UpBit and Bithumb, have issued a warning for Litecoin after the activation of MimbleWimble Extension Blocks (MWEB). Growing Concerns UpBit revealed terminating “transaction support for digital assets with technology that makes transmission records indistinguishable from the past” while pointing to Korea’s Act on the Reporting and Use of Specific Financial Transaction Information. Under this act, crypto exchanges in the...

While segregated witness ‘SegWit’ adoption dipped after mid-March, the utilization of the protocol upgrade on the Bitcoin network is on the rise. Some industry pundits say time is running out for the declining set of non-adopters to embrace SegWit.Bitcoin SegWit Utilization Now Above 65%According to data from Transactionfee, about 65% of daily Bitcoin payments utilize SegWit. This figure indicates an almost 200% increase in SegWit utilization since the release of the Bitcoin Core...

The cryptocurrency industry may soon welcome a new category of Decentralized Finance (DeFi) applications as privacy-focus coin Beam (BEAM) plans to execute its second hard fork, which would give DeFi apps a privacy layer.According to a press release shared with CryptoPotato, the system-wide upgrade dubbed Beam Eager Electron 5.0 is expected to occur today, at exactly block 777,777.Beam Settles With BeamHash IIIThe hard fork of the Mimblewimble-based privacy coin will be the last “planned...

John McAfee recently announced on an up-coming launch of a new privacy coin called GHOST, unveiling the project’s new Twitter account and accompanying website.McAfee states that the whitepaper and more details will be posted in one month on May 15th.The GHOST website reveals that the proof of stake privacy coin will help protect user’s privacy by making users “nothing but a ‘ghost’ when transacting online.”According to the official website, GHOST transactions will utilize a state-of-the-art...

Als Satoshi Nakamoto, der Erfinder von Bitcoin, die digitale Währung einführte, erläuterte er, wie das Peer-to-Peer-Netzwerk für digitale Zahlungen funktionieren würde, um schnelle, sichere und unzensurierbare Transaktionen zu ermöglichen. Im ursprünglichen Whitepaper erläuterte er das Protokoll, mit dem neue Coins im Bitcoin-Netzwerk in Umlauf gebracht werden. „Die erste Transaktion in einem Block ist eine spezielle Transaktion, die neue Coins generiert, welche dem Ersteller...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 752 gesponsert von www.Bitsonar.com – Heute geht’s um folgende Themen: ProtonMail bekennt sich zu Bitcoin, Mimblewimble Transaktionen zu 96% enttarnt & OneCoin Mitbegründer bekennt sich schuldig. 1.) ProtonMail bekennt sich zu Bitcoinhttps://www.btc-echo.de/hodler-seit-jahren-protonmail-bekennt-sich-zu-bitcoin/ 2.) Mimblewimble Transaktionen zu 96% enttarnt – Das Ende für das...

MimbleWimble, the Harry Potter inspired protocol that Litecoin is integrating to become a privacy coin, is in the spotlight but for all the wrong reasons.  Ivan Bogatyy, a venture capitalist with Dragonfly Capital, has published a report drawing attention to a security flaw in MimbleWimble’s privacy model. According to Bogatyy, the “attack traces 96% of all sender and recipient addresses in real time.” Privacy, however, is a complicated issue, especially when it comes to...