Secret Keys to Silent Bitcoin Payments

Bitcoin is one of the most pivotal hacks of the entire digital age in terms of transferring value from one person to another. No intermediaries required. It is secured by a decentralized quorum for miners and is validated by each participant on the network who chooses it in order to ensure the correctness of individual payments. The architecture of the system is designed to allow anyone from anywhere on the planet to receive money from anyone else, no matter where they are. Crowdfunding, charity or funding anything you want is instantly possible without anyone’s permission, without dealing with any guards, without any routine. It’s a great idea in theory, but in reality it suffers from a massive flaw: privacy.

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