Blockchain Surveillance is Accelerating Privacy Tool Development

[jamie.redman1]

Over the past couple of months privacy-centric solutions have been growing in importance and popularity for the nascent cryptocurrency industry.

When it comes to cryptocurrencies one treasured goal is the ability to remain private, which requires both an anonymous and fungible currency. At times, it seems fungibility is the holy grail of the ecosystem. Bitcoin definitely achieves most of the qualities of sound money, but some believe it needs a lot of work in the development of fungibility.

Privacy cannot work without the basics of a fungible asset as both fundamentals are mutually exclusive. The rise in popularity concerning both fungibility and anonymity can be seen with the latest trends in market trading and development.

https://news.bitcoin.com/blockchain-sur ... vacy-tool/