How CoinJoin brings privacy to Bitcoin

Published: Feb. 7, 2020, 10:26 a.m.

b'In this episode, Alessandro Chac\\xf3n, Backend Engineer at Crypto Broker AG, takes up the recurring topic of privacy and gives an introduction to CoinJoin, its implementations and the related privacy aspects for bitcoin.\\n\\nAs the bitcoin blockchain is fully transparent and transaction records are publicly accessible to everyone, approaches to protecting transaction privacy are becoming increasingly important for anyone interested in financial privacy.\\n\\nIn general, CoinJoin can be viewed as a tool to enhance the privacy and fungibility of bitcoin. It involves a trustless approach, introduced by the bitcoin core developer Gregory Maxwell, to combine multiple bitcoin payments from multiple parties into a single transaction. This makes it more difficult for outside parties, such as blockchain analysis companies, to determine who paid whom.\\n\\nFor this internal knowledge session, our team experts \\u2013 all with various backgrounds - discuss both the technical aspects of CoinJoin, and the concerns arising at the intersection of financial privacy, compliance, and regulation.\\n\\nWe hope you enjoy this lively episode.'