Skip to main content

A Tor-Integrated Cashfusion Build for Bitcoin Cash Is Coming

A Tor-Integrated Cashfusion Build for Bitcoin Cash Is Coming

On Monday, Electron Cash developer Jonald Fyookball updated the Bitcoin Cash (BCH) community in regards to the Cashfusion protocol. Fyookball revealed that Tor integration is currently in the works. The Tor-integrated Cashfusion build is “the big piece” the development team needs to get from alpha to beta stage, Fyookball detailed.

Also read: Privacy-Enhancing BCH Tool Cashfusion Begins Working Behind the Scenes

Tor + Cashfusion

Bitcoin Cash proponents are excited to hear that developers are relentlessly working on the Cashfusion protocol. A number of BCH users already utilize the Cashshuffle protocol, which mixes Bitcoin Cash-based UTXOs in a pool with other shuffling participants. Millions of dollars worth of BCH ($41.2M) have been shuffled since the platform’s official release in March. Cashshuffle adds a greater layer of privacy but the concept can be improved. For example, if a shuffling participant mixes their BCH and eventually consolidates the UTXOs, it’s possible the transaction can leave behind some clues for blockchain analysis. “We need a method to coordinate Coinjoin transactions with multiple inputs per user,” explains the Cashfusion specifications.

A Tor-Integrated Cashfusion Build for Bitcoin Cash Is Coming

In November, Electron Cash (EC) developer Jonald Fyookball told the BCH community that the privacy-enhancing BCH tool was working behind the scenes. That week Fyookball and independent software developer Mark Lundeberg shared a couple of mainnet Cashfusion transactions as examples. A month later on December 30, Fyookball revealed the “alpha software Cashfusion already works, and we do fusion transactions on mainnet on a daily basis.” “Axel Gembe is working on Tor integration [and] this is the big piece we need to get from alpha stage to beta stage,” Fyookball added. The EC programmer also shared an update from Gembe which said:

I had to abandon the idea of using tor as a dynamic library due to recent glibc changes. They basically disallowed loading pie executables with dlopen, even though it works well for some situations. Now I have the build system work done (except macOS, I’ll need likely need help with that). And the plan is to use stem to control tor using the control port — It should be finished in a few weeks.

A Tor-Integrated Cashfusion Build for Bitcoin Cash Is Coming

Enhanced Bitcoin Privacy

The BCH community on social media and forums enjoyed Fyookball’s update. “Bundling Tor with EC sounds great,” one person wrote on Reddit. “Once this is fully functional this will be a game changer for BCH — I wouldn’t be surprised to see more darknet markets accepting BCH alongside BTC and monero,” another individual commented. BCH fans were pleased to hear the creator of Wasabi compliment Cashfusion after he listened to Mark Lundeberg’s recent interview with Naomi Brockwell. Then on December 27, Wasabi wallet developer @nopara73 commended Cashfusion again on Twitter. “I am not convinced if this is true, but if it is, it’s a game changer in Bitcoin privacy,” the engineer tweeted.

Overall the news of Cashfusion’s progress has BCH fans excited and a number of Cashshuffle users look forward to the advanced update. Fyookball thanked Axel for this “amazing and critical work” and told the community the developer can be tipped. “If you want to send him a tip, you can do so at ichundes#102 cashaccount,” the EC programmer concluded.

What do you think about the Cashfusion progression helping bolster BCH privacy? Let us know what you think about this subject in the comments section below.


Image credits: Shutterstock, Github, Acid Sploit’s Cashshuffle Stats Twitter, and Pixabay.


You can now purchase Bitcoin without visiting a cryptocurrency exchange. Buy BTC and BCH directly from our trusted seller and, if you need a Bitcoin wallet to securely store it, you can download one from us here.

The post A Tor-Integrated Cashfusion Build for Bitcoin Cash Is Coming appeared first on Bitcoin News.



from Bitcoin News https://ift.tt/2sAoatj

Comments

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...

Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take

Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path of increased supply, additional currency creation, and central bank balance sheet expansion.” Fidelity Says Bitcoin Could Be Portfolio Insurance Fidelity Digital Assets, a subsidiary of Fidelity Investments, recently published a research study titled “The Rising Dollar and Bitcoin.” The research outlines “how bitcoin could be considered portfolio insurance” as the rising dollar impacts global currency markets. “The strengthening U.S. dollar is wreaking havoc among other countries and may put pressure on the Federal Reserve to soon reverse its tightening monetary actions, something that has precedent based on 1985’s Plaza Accord,” Fidelity explained. In addition, “more monetary debasement may be needed to ...

Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar

Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold while Russia was forced off the U.S. dollar due to sanctions imposed on the country following its invasion of Ukraine. The news outlet noted that some experts have cautioned that these moves, along with the closer relationship that has developed between Moscow and Beijing, point to the likelihood of China attempting to launch a gold-backed currency. However, neither Russia nor China has officially confirmed plans for such a currency. Craig Singleton, senior fellow at the Foundation for Defense of Democracies and a former U.S. diplomat,...