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Bitcoin Magazine
2018-08-31 23:06:43

Bitcoin Magazine’s Week in Review: More Than an Academic View of Progress

This past week has seen progress in two aspects of Bitcoin: privacy and payments. Attitudes toward blockchain technology are also showing progress as two surveys reveal. And yet, regulation does not necessarily seem to be keeping pace.Here are some of the stories that we’ve been following at Bitcoin Magazine.Stay on top of the best stories in the bitcoin, blockchain and cryptocurrency industry. Subscribe to our newsletter here.Advances in Bitcoin TechnologyThe Anatomy of Anonymity: How Dandelion Could Make Bitcoin More PrivatePay From Bitcoin Mainnet to Lightning and Back: Submarine Swaps Are Now LiveThis week, two of our top stories explored recent advancements in Bitcoin development. First, we examined a new protocol that is working toward improving privacy of Bitcoin transactions. Dandelion, a protocol developed by postdoc Giulia Fanti and other researchers from Carnegie Mellon, MIT and the University of Illinois, would effectively neutralize the peer-to-peer analysis that plays a significant role in compromising user identity. Solving the problem of allowing users to make trustless transactions between lightning addresses and on-chain addresses in either direction, “Submarine Swaps” are now live (though still in early stages of operations). The technology could be a game changer for both Bitcoin lightning and mainnet users, as it would remove the transaction barriers between them.Survey Says…PwC Glo...