This past week has seen progress in two aspects of Bitcoin: privacy and payments. Attitudes toward blockchain technology are also showing progress as two surveys reveal. And yet, regulation does not necessarily seem to be keeping pace.
Here are some of the stories that we’ve been following at Bitcoin Magazine.
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Advances in Bitcoin Technology
The Anatomy of Anonymity: How Dandelion Could Make Bitcoin More Private[2]
Pay From Bitcoin Mainnet to Lightning and Back: Submarine Swaps Are Now Live[3]
This week, two of our top stories explored recent advancements in Bitcoin development. First, we examined a new protocol that is working toward improving privacy of Bitcoin transactions. Dandelion, a protocol developed by postdoc Giulia Fanti and other researchers from Carnegie Mellon, MIT and the University of Illinois, would effectively neutralize the peer-to-peer analysis that plays a significant role in compromising user identity.
Solving the problem of allowing users to make trustless transactions between lightning addresses and on-chain addresses in either direction, “Submarine Swaps” are now live (though still in early stages of operations). The technology could be a game changer for both Bitcoin lightning and mainnet users, as it would remove the transaction barriers between them.
Survey Says…
PwC Global Survey: Corporate Interest in Blockchain on the Rise[4]
Blockchain Courses Popular With University Students, Coinbase Study Finds[5]
Two separate studies have found that interest in blockchain technology is on the rise. A PwC global survey discovered that of the corporations surveyed, the number of companies that are using or exploring using blockchain technology is growing, and that there is also an increase in trust among the companies that have heard of the
