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Researcher Breaks Mimblewimble, Deanonymizing 96% of Grin Transactions - by Kai Sedgwick

Mon Nov 18, 2019 11:53 pm

Researcher Breaks Mimblewimble, Deanonymizing 96% of Grin Transactions
news.bitcoin.com
by Kai Sedgwick
November 18, 2019

Excerpt:

The Mimblewimble privacy technology used by cryptocurrencies such as Beam and Grin is broken. That’s the claim of researcher Ivan Bogatyy who has published a report documenting his findings. In it, he reveals how he was able to deanonymize 96% of all Grin transactions just by running a node at a cost of around $60. Bogatyy asserts that the flaw is fatal, effectively breaking Mimblewimble.

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Read entire article: https://news.bitcoin.com/researcher-breaks-mimblewimble-deanonymizing-96-of-grin-transactions/

About the author: https://news.bitcoin.com/author/kaisedgwick/
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