In at present’s roundup of crypto chatter, Jonathan Silverblood responds to Amaury Sechet’s privateness considerations with Cashaccount. Erik Voorhees defends Brian Armstrong from criticism on the latter’s 10 12 months Bitcoin anniversary tweets. Also, Nikita Zhavoronkov congratulates Bitcoin for creating 1 billion outputs on the BTC blockchain.
Amaury Sechet’s Privacy Concerns With Cashaccount
Bitcoin ABC lead developer Amaury Sechet took to Twitter not too long ago, proclaiming that the brand new BCH-powered alias-address system Cashaccount will probably be a privateness catastrophe. Surprisingly, Cashaccount creator Jonathan Silverblood agreed with Sechet, because the founder believes his undertaking will result in extra BCH customers reusing Bitcoin addresses. This could be dangerous for privateness, as reused addresses can be utilized to find monetary data that customers could not want to disclose.
I agree – it can undoubtedly enhance the variety of individuals that may reuse addresses.
Perhaps you’ll be able to spend a while and assist get these stealth keys that @ChrisPacia was engaged on extra extensively supported, or assist progress the BIP-47 help?
— Jonathan Silverblood (@monsterbitar) January 3, 2019
To resolve the potential lack of privateness, Silverblood requested Sechet to collaborate with Openbazaar developer Chris Pacia on stealth keys, or to help with the event of BIP-47.
However, different commentators like Crypto Pelé weren’t as involved with a lack of privateness. Pelé pointed out that some BCH customers are nice with the transparency that comes with reusing addresses.
Erik Voorhees Defends Brian Armstrong From Criticism
To commemorate Bitcoin’s 10th 12 months anniversary of the Genesis Block, Coinbase CEO Brian Armstrong posted a collection of tweets reminiscing how he first bought into bitcoin.
1/ Today is a huge day for Bitcoin, because it marks 10 years because the Genesis Block. Some individuals assume I don’t like to speak about Bitcoin (
), however at present I’ve a few phrases to say
— Brian Armstrong (@brian_armstrong) January 3, 2019
In the thread, Armstrong recounts studying the Bitcoin white paper in 2010 and turning into obsessed about Bitcoin for the next 6 months. He started constructing a bitcoin pockets for Android units as a facet undertaking, however then pivoted to a hosted pockets and a customized Bitcoin node. After securing funding from Ycombinator, Armstrong began engaged on his enterprise concept full time and settled on the corporate identify Coinbase. He then ended the tweet-storm on a optimistic notice, boldly proclaiming that he has “never had more conviction” on the way forward for cryptocurrencies.
Not everybody responded positively to Armstrong’s tweets. Commentator Simon Moon known as Armstrong out for being a faux libertarian, arguing that Coinbase is a government-backed monopoly.
Hah… as if their enterprise simply “appeared” and had a moat of regulation round it. The regulation isn’t their fault, and so they must stroll a very delicate line. Yet hundreds of thousands enter the ecosystem due to the instruments (read: bridge) that CoinBase has constructed.
— Erik Voorhees (@ErikVoorhees) January 4, 2019
Shapeshift CEO Erik Voorhees rapidly stepped in to defend Coinbase’s CEO. Voorhees identified that regulation was not Coinbase’s fault and that Coinbase has helped introduce hundreds of thousands of individuals to cryptocurrency.
1 Billion Outputs on the BTC Blockchain
Blockchair lead developer Nikita Zhavoronkov also took to social media to want Bitcoin a glad 10th birthday. While many congratulated Bitcoin on it’s Genesis Block, Zhavoronkov took the chance to congratulate Bitcoin for creating 1 billion outputs on the BTC blockchain.
Not solely it’s the 10th Bitcoin birthday at present, however also a new landmark has been achieved — now there are greater than 1 billion outputs created on the Bitcoin blockchain (see https://t.co/bKMI1xgYsf for stats) — what an attention-grabbing coincidence! pic.twitter.com/jeWJwLkVQ1
— Nikita Zhavoronkov (@nikzh) January 3, 2019
What do you consider privateness points surrounding the Cashaccount’s identification system? Let us know within the comments below.
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