Category: FAQ

What Is RuffCT and How Will It Affect Monero?

Achieving anonymity with cryptocurrency is not straightforward at all. It often requires either the involvement of third-party service providers or some advanced technology and cryptography. In the case of Monero, anonymity is mainly provided thanks to the use of Ring Confidential Transactions, or RingCT. It appears the developers are looking for ways to further improve upon this technology. A new proposal by Tim Ruffing dubbed “RuffCT” aims to achieve this goal. …
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What Is a Multisignature Escrow Wallet?

In the world of cryptocurrency wallet technology, multisignature solutions have been slowly becoming the new norm. A multisignature wallet requires multiple users to sign off on a given transaction. This is mainly beneficial to companies and projects working with a single wallet. However, this technology can also be used for escrow-related services. This is greatly interesting to darknet market operators, who have been looking to integrate multisignature escrow wallet solutions. The Purse of …
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What is Zerolink?

If there is one particular trait Bitcoin severely lacks, it is anonymity. Despite claims from the media about how it is impossible to track Bitcoin transfers, the cryptocurrency is far more transparent compared to some others. That situation may soon change, as several initiatives are underway to add anonymity to Bitcoin in unique ways. One of these ventures is Zerolink, which claims to have come up with a method to fully anonymize payments made …
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What is NoB2x.org?

With the potential upcoming fork prompted by supporters of SegWit2x, Bitcoin users are somewhat concerned about what the future holds. Although it seems unlikely this solution will cause any major network issues come November, one never knows how things will evolve. There is now a website titled NoB2x which lists all companies and service providers that do not support SegWit2x. The list is quite long, indicating that the chances of survival for this particular scaling …
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