Crypto

Bitcoin Cash’s Cashfusion Works as Intented, so far

The opinions on any development involved Bitcoin Cash will always be all over the place. Cashfusion, the upcoming privacy upgrade for BCH, has high expectations to live up to.

A recent comment by data analyst James Waugh only confirms the potency of Cashfusion.

The Future Looks Bright for CashFusion

James deems this option to be far more practical compared to traditional CoinJoin implementations.

This is part of the massive stress test that Cashfusion is being put through right now.

By actively looking at privacy-enabled transactions, one can often determine how well this solution works exactly.

So far, it seems as Bitcoin Cash is on the right track to give users more privacy options in the near future. 

Based on the research by James, it appears virtually impossible to crack Cashfusion in its current state.

Related Post

It is important to note that this new solution is an extension of Cashshuffle mixing.

That feature was introduced to Bitcoin Cash in 2019. 

For now, there is still plenty of testing to be done for reputable auditors.

Cashfusion is a crucial upgrade for Bitcoin Cash and will need to work as advertised right away. 

Bitcoin enthusiasts will remain divided over this topic for quite some time to come.

Many still harbor hostile feelings toward Bitcoin Cash in 2020.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Promising Meme Coins: MOONHOP, BONK & Pepe  

Insights into BONK's Future and Pepe's Price as MOONHOP's Presale Exceeds $1M in Stage 2…

3 hours ago

Tron Trails As Meme Coin Marvel Raboo Captivates Dogwifhat (WIF) Holders With Limited Time 20% Bonus

Here is a look into three major players within the crypto market, TRON, WIF and…

7 hours ago

RCO Finance Eyes 1,500% Returns That Will Eclipse MoonBag and BlockDAG’s Gains

Many crypto enthusiasts have recognized RCO Finance (RCOF) as the most lucrative token presale in…

12 hours ago

$HARRIS Memecoin Soars Over 2000%, Market Cap Surpasses $4M

In an unexpected surge, the $HARRIS memecoin, themed around Kamala Harris, the 49th Vice President…

18 hours ago

Base Surges Ahead In Layer 2 Ecosystem With Record-Breaking Activity

On July 23, 2024, Base experienced an unprecedented surge in activity, cementing its position as…

19 hours ago

Significant Whale Activity Could Signal Bearish Sentiment For $FRONT

In a notable series of transactions, three wallets, potentially belonging to a single whale or…

19 hours ago