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. Specifically, Bulletproofs can decrease the size of these verifications for these types of transactions drastically. Furthermore, the authors of the paper Stanford Universitys Applied Crypto

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World Economic Forum Bitcoin Discussions Validate the Movement

The World Economic Forum WEF has long been a lightning rod of global discussion on economic, social and political trends. This years gathering in Davos, Switzerland, was no exception.Blockchain technology emerged center stage last week as a key discussion theme, receiving praise from attendees for its cutting-edge potential. Bitcoin and the future of cryptocurrencies, too, were highly discussed topics at the forum, not just casually but also in an official session and a few panel discussions.
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