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      "title": "Technologies that can increase Bitcoin privacy",
      "body": "<html>\n<p><img src=\"https://bits.media/upload/iblock/b0b/tri_tekhnologii_kotorye_povysyat_konfidentsialnost_bitkoina.jpg\" width=\"900\" height=\"506\"/></p>\n<p>The issue of confidentiality is a constant battle between those who want to increase it and those who want to minimize it. On the one hand, blockchain companies that work hand in hand with regulators and governments, and on the other hand, crypto-anarchists and developers seeking to implement protocols that will increase the confidentiality of transactions in the Bitcoin blockchain.</p>\n<p><br></p>\n<p>Implementing privacy technologies in altcoins, the development of which is more centralized than in Bitcoin, is a relatively simple task. Just last week, the Litecoin Foundation and the Beam company entered into a collaboration agreement to ensure the privacy of lightcoin. The organizations stated that they are striving to achieve compatibility of these two cryptocurrencies, as a result of which the transformation of LTC to Mimblewimble-LTC will be carried out, and transactions will be carried out under conditions of complete anonymity.</p>\n<p><br></p>\n<p>Bitcoin, on the other hand, cannot enter into such cooperation agreements, because the network has no generally recognized official representatives. Reaching a consensus on updating Bitcoin is not easy, and it does not allow an influential community member to make changes unilaterally. However, this also has a significant drawback - large updates, which have wide support, often cannot be implemented, since a relatively small proportion of those who disagree is enough to stall the process.</p>\n<p><br></p>\n<p>A number of privacy updates that have been proposed for Bitcoin fall into this category: theoretically they should work, but it may take a long time before they are implemented. Or perhaps the implementation will not take place at all.</p>\n<p><br></p>\n<p>Dandelion</p>\n<p>Dandelion is a protocol developed by Giulia Fanti along with Shailesh Bojja Venkatakrishnan, Surya Bakshi, Bradley Denby, Sruti Bhargawa, Bradley Denby, Bradley Denby, Shruti Bhargawa. Pramod Viswanath (Pramod Viswanath), researchers from the School of Computer Science at Carnegie Mellon University in Pittsburgh, the Massachusetts Institute of Technology and the University of Illinois.</p>\n<p><br></p>\n<p>Whenever a transaction is sent on the Bitcoin network, it is broadcast to several nodes before the miner picks it up and includes it in the block. During the translation process, an attacker acting as a host can track the transaction to its source, which makes it highly likely that the sender’s IP address will be determined. Dandelion is a technology that sends a transaction along a random path through a variable number of nodes before the transaction is distributed throughout the network.</p>\n<p><br></p>\n<p>The chances of introducing into Bitcoin: high</p>\n<p><br></p>\n<p>Estimated implementation period: 12-18 months</p>\n<p><br></p>\n<p>Mimblewimble</p>\n<p>The Mimblewimble protocol has recently been heard by all members of the cryptocurrency community who follow the news of the industry. First of all, since from the beginning of this year, two cryptocurrencies were launched on the basis of the protocol - Grin and Beam. The protocol was first proposed in 2016 by an anonymous cryptographer under the pseudonym Tom Elvis Jedusor, a French version of the name Tom Marvollo Riddle, better known as Lord Voldemort, one of the main characters in the Harry Potter series of books. The technology was created to solve the problem of privacy and scaling of Bitcoin.</p>\n<p><br></p>\n<p>While Dandelion must make it harder for intruders to trace the origin of a Bitcoin transaction, the protocol does nothing to improve network privacy: the sender and recipient addresses are still publicly available to the world, as well as the amount sent and a lot of other data. One of the technologies that makes all transactions confidential by default is Mimblewimble.</p>\n<p><br></p>\n<p>For technical and political reasons, Mimblewimble is unlikely to be included directly in Bitcoin to ensure privacy by default. However, there is a possibility that he will appear in the BTC as part of the sidechain. This would allow the parties to perform an anonymous transaction in the Mimblewimble sidechain without risking the security of the core network and without making it necessary to ensure full confidentiality for BTC users who do not want this.</p>\n<p><br></p>\n<p>The odds of being introduced into Bitcoin: moderate, exclusively as sidechain.</p>\n<p><br></p>\n<p>Estimated date of implementation: unknown.</p>\n<p><br></p>\n<p>Signatures Schnorr</p>\n<p>Schnorr's signatures are, first of all, not confidentiality technology, but scaling, which combines most of the input data of a Bitcoin transaction, which leads to a decrease in the blockchain size.</p>\n<p><br></p>\n<p>Schnorr signatures offer the opportunity to introduce many additional features that can improve Bitcoin privacy. For example, the Coinjoin technology, in which random transactions are mixed with each other to hide all participants in a transaction, is more effective with Schnorr signatures, as the transaction fee becomes lower, encouraging greater use of technology. This in turn increases privacy for all users.</p>\n</html>",
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