Privacy Crypto Monero Celebrates Its 5th Birthday

Privacy Crypto Monero Celebrates Its 5th Birthday

One of the most popular cryptocurrencies for privacy protection, monero, celebrated five years of existence this week. Launched in April 2014, monero has, since its inception, been entirely crowdfunded. And in tune with this decentralized, grassroots structure, monero is almost entirely developed by volunteers. “Monero is very committed to its decentralized, grassroots structure meaning we took no premine. We don’t take a percentage of the block rewards. There was no [initial coin offering,]” monero contributor Diego Salazar told CoinDesk.
ING Bank Is Bringing Bitcoin ‘Bulletproofs’ to Private Blockchains

ING Bank Is Bringing Bitcoin ‘Bulletproofs’ to Private Blockchains

ING’s blockchain team is testing a privacy technology called “bulletproofs,” the latest in a series of seemingly unlikely cypherpunk experiments at the Netherlands-based global bank. Developed and refined by hardcore cryptographers at Stanford University, University College London and startup Blockstream, bulletproofs are designed to hide the amounts being transferred in bitcoin transactions, which are normally visible to anyone.
Банк ING внедряет технологию конфиденциальности Bulletproofs в закрытые блокчейны

Банк ING внедряет технологию конфиденциальности Bulletproofs в закрытые блокчейны

Технология Bulletproofs была разработана в 2017 году группой криптографов Applied Cryptography Group(ACG), базирующейся в Стэнфордском университете. Цель инструмента - скрывать суммы, передаваемые во время транзакций биткоина, которые обычно видны всем. При этом технология может быть полезна и для банков, которые также сталкиваются с проблемами конфиденциальности при работе с блокчейном, поскольку они не хотят делать общедоступными все данные своих клиентов.
Банк ING тестирует технологию приватности Bulletproofs

Банк ING тестирует технологию приватности Bulletproofs

Блокчейн-подразделение нидерландского финансового конгломерата ING тестирует технологию приватности Bulletproofs, сообщает CoinDesk. Технология разработана криптографами Стэнфордского университета, Университетского колледжа Лондона и стартапом Blockstream.

Monero Price Uptrend Materializes as Bulletproofs’ Potential Becomes Apparent

Even though it does not happen all that often, the Monero price is going through a very positive spell right now. Some of the project’s recent developments have [finally] received the attention they deserve. A reduction in transaction size combined with lower fees make XMR one of the cheaper currencies to use today. Monero Price Surges Shapes up Nicely In the altcoin industry, there are two ways to boost the value of a specific currency.
Monero Transaction Fees Reduced by 97% After Bulletproofs Upgrade

Monero Transaction Fees Reduced by 97% After Bulletproofs Upgrade

After the recent hard fork upgrade of its protocol, Monero has seen its transaction fees shrink by approximately 97 percent, dropping from 60 cents to just 2 cents. Crypto analytics firm Coinmetrics shared a tweet confirming the drop in fees and their corresponding reduction in transaction size, falling from 18.5kb pre-fork to 3kb — an 80 percent change. The upgrade, called “Monero 0.

How Bulletproofs Could Make Bitcoin Privacy Less Costly

Bulletproofs, presented in a paper titled “Bulletproofs: Short Proofs for Confidential Transactions and More,” describe a new zero-knowledge proof system. The proposal uses on-chain scaling for privacy and suggests a new, faster and more compact way to verify privacy-enhancing Confidential Transactions (CTs).
Bulletproofs сократит транзакционные сборы для монеро на 80%

Bulletproofs сократит транзакционные сборы для монеро на 80%

Ранее уже говорили о том, что Monero Research Labs пытается сократить транзакционные сборы сети. Если все получится, это хорошо отразится на популярнейшем альткойне. Но реализация Bulletproofs может принести еще больше – сократить сборы для всей сети монеро.