Bytecoin is the first implementation of the CryptoNote algorithm and it is shockingly liberating technology. Cryptonote uses ring signatures. With what is happening in Privacy today, maybe it is time you read about the technology underlying some of the strongest privacy tools ever created. From wikipedia:
In cryptography, a ring signature is a type of digital signature that can be performed by any member of a group of users that each have keys. Therefore, a message signed with a ring signature is endorsed by someone in a particular group of people. One of the security properties of a ring signature is that it should be computationally infeasible to determine which of the group members' keys was used to produce the signature. Ring signatures are similar to group signatures but differ in two key ways: first, there is no way to revoke the anonymity of an individual signature, and second, any group of users can be used as a group without additional setup. Ring signatures were invented by Ron Rivest, Adi Shamir, and Yael Tauman, and introduced at ASIACRYPT in 2001. The name, ring signature, comes from the ring-like structure of the signature algorithm.
Hi, i found this tweet on twitter where this day-trader made over 400% by trading crypto in the last 3 months! I found this very interesting and want to start copying his trades. Do any of you follow his trades?
So guys, what is the position of canadian government about cryptocoins, bitcoin? Someone knows is it a bad thing, i transfer bitcoin to an canadian exchange and after transfer to my account in a commom bank being an immigrant?