Mark Mason
Well-known member
BitFury De-Anonymizes 1/6 of the Bitcoin Blockchain, Highlights Need for Privacy
BitFury has successfully de-anonymized over 1/6 of the entire Bitcoin blockchain, increasing privacy concerns for cryptocurrency users.
Known primarily as a mining company, BitFury has recently entered into the ream of blockchain analysis for aiding law enforcement in criminal investigations. In a Medium article to promote a new analysis whitepaper, BitFury outlines their approach to ending Bitcoin’s assumed privacy. According to the CEO of BitFury Group Valery Vavilov, the new analysis employs a technique known as clustering to trace Bitcoin transactions tot heir users.
Read more: https://www.dashforcenews.com/bitfury-de-anonymizes-1-6-bitcoin-blockchain-highlights-need-privacy/
BitFury has successfully de-anonymized over 1/6 of the entire Bitcoin blockchain, increasing privacy concerns for cryptocurrency users.
Known primarily as a mining company, BitFury has recently entered into the ream of blockchain analysis for aiding law enforcement in criminal investigations. In a Medium article to promote a new analysis whitepaper, BitFury outlines their approach to ending Bitcoin’s assumed privacy. According to the CEO of BitFury Group Valery Vavilov, the new analysis employs a technique known as clustering to trace Bitcoin transactions tot heir users.
Read more: https://www.dashforcenews.com/bitfury-de-anonymizes-1-6-bitcoin-blockchain-highlights-need-privacy/