Now You Can Try ‘Teleporting’ Bitcoin for Greater Privacy With CoinSwaps

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“Think about a future the place a person, Alice, has bitcoins and needs to ship them with maximal privateness, so she creates a particular type of transaction. For anybody trying on the blockchain her transaction seems utterly regular along with her cash seemingly going from tackle A to handle B. However in actuality her cash find yourself in tackle Z, which is fully unconnected to both A or B,” Belcher writes. In a way, the transaction is being “teleported” elsewhere, therefore the challenge’s identify “Teleport.”

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