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September 22, 2015 04:00 pm

Chinese Researchers Propose Tor-Inspired Overhaul of Bitcoin

Patrick O'Neill writes: Although Bitcoin was never designed to be anonymous, many of its users have used it as if it were. Now, two prominent Chinese researchers are proposing a system that encrypts all new Bitcoin transactions layer by layer to beat network analysis that can unmask Bitcoin users. The new research is inspired by the Tor anonymity network. The researchers' paper is at arXiv. (Also covered by The Stack.)

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/WPsLBxFrsRY/chinese-researchers-propose-tor-inspired-overhaul-of-bitcoin

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