Coinjoin Bitcoin
Coinjoin Bitcoin latest news, images, analysis about CoinJoin is a trustless method for combining multiple Bitcoin payments from multiple spenders into a single transaction to make it more difficult for outside parties to determine which spender paid which recipient or recipients. Unlike many other privacy solutions, coinjoin transactions do not require a modificati… See more
FAQs for Coinjoin Bitcoin
What is coinjoin and how does it work?
CoinJoin is an open source project allowing bitcoin users to maintain their privacy. In each CoinJoin transaction, the input bitcoins are exchanged instantly for unrelated bitcoins sent by another CoinJoin participant. No trail is left. No centralized authority can record this transaction. LOW COST WITHOUT LOG FILES COMPLETELY PRIVATE
Do coinjoin transactions require a bitcoin protocol modification?
Unlike many other privacy solutions, coinjoin transactions do not require a modification to the bitcoin protocol. This type of transaction was first described in posts [1] [2] by gmaxwell. 4.1 Don't you need tor or something to prevent everyone from learning everyone's IP? 4.2 Don't the users learn which inputs match up to which outputs?
How many transactions can be recorded with coinjoin?
With CoinJoin, only one single transaction is recorded. The ledger would show that bitcoins were paid from A, C, and E addresses to B, D, and F.
How does coinjoin obfuscate a transaction trail?
Coinjoin obfuscates a transaction trail by allowing multiple users combine inputs and outputs from several transactions into one transaction. This way, the blockchain records a single transaction but there is no definite way for an outsider to match the inputs to outputs.
Most Popular News for Coinjoin Bitcoin
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Bitcoin and Beyond: An Interview with Max Hillebrand
1:14:51 - 1 year ago
Episode 43 of The Watchman Privacy Podcast – Bitcoin and Beyond: An Interview with Max Hillebrand Gabriel Custodiet speaks ...
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Videos of Coinjoin Bitcoin
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In this video, I discuss the US government's seizure of more than 50000 Bitcoin from someone who himself stole that Bitcoin from ...
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