The Bitcoin Cash community is showing its support for greater privacy by putting its money where its mouth is and donating to Cashfusion. The recently launched fundraiser has already raised more than 100 BCH and achieved over 70% of its goal. Once the total hits $50,000, Bitcoin.com will double it to $100,000.
Also Read: Raising $100K for Cashfusion’s Security Audit, Bitcoin.com Matches Donations to Improve BCH Privacy
Over 100 BCH in Donations to Help Cashfusion Bring Greater Privacy to Users
Cashfusion is an extension of the Cashshuffle coin mixing protocol for bitcoin cash and improves upon it by allowing people to fuse coins without requiring equal payment amounts. The privacy-enhancing technology is almost set to launch, but before that it will need to undergo an intensive security audit to ensure it is ready.
This complicated procedure will cost $50,000 and the bitcoin cash community has stepped up to help finance it. Users have already made more than 350 donations to the Cashfusion Security Audit Fund, raising over 100 BCH. At current prices this brings the total to more than 70% of the needed capital and the fundraiser is well on its way to reach its goal soon. Moreover, Bitcoin.com has announced that it will match the $50,000 in donations to help the team behind Cashfusion with ongoing development.
“Cashshuffle is a powerful tool for obfuscating the origin of a coin. However, after shuffling a wallet, a user will inevitably wish to consolidate several coins, and for this another tool is needed,” explained developers Jonald Fyookball and Mark B. Lundeberg. “Cashfusion provides high levels of privacy via a flexible scheme that allows an arbitrary number of
