Thursday, January 21, 2021

Experts: Bitcoin Upgrade Up Turut Concerns Concerns About a ‘Non-Issue’ – Coindesk

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Bitcoin privacy experts are so fascinated by the recently circulated slideshow-style privacy report that it puts Teprut, a potential upcoming upgrade of Bitcoin, in Cropshires.

The Taprut upgrade will increase Bitcoin’s privacy and scalability. The most active developers of Bitcoin have appreciated the upgrades that have been made over the years with the community. Invited It is countless times for testing and verification. Plus, in an unprecedented move of big bitcoin upgrades, the majority Bitcoin The miners are now signaling Support For upgrades.

Against this background comes a new one Report Nikita Javorankov, the main developer of Blockchain Explorer Blockchair, who has published multiple privacy-based Equipment. He argues that Toprut has introduced a new “script” with Bitcoin – indicating the conditions under which the currency can be spent – that Trirut currencies will be different from other Bitcoins.

Read more: The Future of Bitcoin: Exactly How Upcoming Upgrades Can Improve Privacy and Scaling

Ghavoronkov, who is known for his frequent criticism of Bitcoin, now seems to have a goal: Stop Upgrade

Bitcoin privacy experts, however, clearly disagree with Jhakorankov’s claim that Teprut is not wrinkled.

Bitcoin privacy expert Chris Belcher says, “I think the ‘research’ was absolutely word-of-mouth,” said Bitcoin privacy expert Chris Belcher. Coinspop And Joinmarket). In an email to Kindesk, he argued that, ironically, what Zavoronkov had proposed – stopping Taprut – would hurt Bitcoin’s privacy in the long run.

Pseudonym bitcoin educator and privacy guru “What Nikita described is a non-issue” 6102 Told Koindesk.

Veteran Bitcoin developer Greg Maxwell, who invented Taproot, was able to move forward. Reddit And Zavoronkov warned the study was an “attack”, saying “be aware and don’t let corrupt actors sow FUDs in an attempt to harm Bitcoin users.”

Criticism

I dive into the details a bit. New rules for locking toproot coins, known as scripts. Bitcoin has many types of scripts. The most common rule is that Bitcoin cannot be sent to anyone else unless the user uses a private key to sign and send. But there are others, such as the rule that two-three-specific users must sign the transaction to move the coins elsewhere.

The locked bitcoins in these different scripts look a bit different each. Remember, the Bitcoin account is open for anyone to view. Busybodies, such as blockchain analytics firms, can understand the history of Bitcoin transactions and provide information that they can pay the customer as a government. Agency, Then this information can be used to crack down on various criminals.

In short, Zavoronkov has shown that once a new trirut script is added, the Taprut currency will come out of other bitcoins.

More precisely, he sees where bitcoin transactions are sent. Bitcoins are stored in segments called Unspot Transaction Output (UTXO). Say Alice has 3 BTC locks on a UTXO but only wants to send 1 BTC to Bob. Once he sends Bitcoin to Bob, his 3 BTC UTX will also be split into two: 1 BTC will be sent to Bob, and 2 will be sent back to BTC Ellis whose name is called “Change Address”.

If the change address type of the script is the same as the sender’s address but differs from the recipient’s address, it is easier to guess where the sender sent their coins. Zavoronkov argues that this is a guess (known as “heuristic” in Priveland Lingo) that blockchain analysis firms can use (or at least guess) to determine where the funding is going.

Zavoronkov argues that adding another script to Taprut would increase the likelihood of this privacy breach. And he doesn’t think it will be a short-term problem.

Zavoronkov argues that if Teprut accepts 100%, he agrees with other Bitcoin developers that the upgrade will be “net good”. But he doesn’t think it will reach the point.

“Teprut shouldn’t be considered a‘ privacy feature ’because it’s not like Jackash’s soldered pool or Moniro’s ring signature. The benefits are reduced and only apply to the edge case, ”he added.

Gods: Anxiety does not hold water

The argument of Bitcoin developers is that this is a concern that many have already considered. This is not new information.

“The reality is that this is already a ‘problem’ and adding new types will probably have negligible effects, bringing in other significant benefits,” 6102 told Kindesk. He added that the legendary Havovornkov could easily be played.

Maxwell argued (again, in Reddy) that Taprut actually showed Zavoronkov that the problem was specifically designed.

“It’s a fact that has always been on the rise with the development of Teprut with excitement and it decided on a number of designs: for example, it should not be placed as multiple features and ensure that new extensions can be placed on pages where they do not appear, “She said.

Belcher adds that there are already many, many types of scripts, each of which can be distinguished from the other, and adding one more would not be too much of an issue, let alone a catastrophic one, as Zavoronkov describes.

“Bitcoin today is already suffering from the situation described by that PDF, and the situation is improving on the Teprut balance,” Belcher said.

Teprut: Improving privacy

Further disagreeing with Zavoronkov, the developers contacted Kindesk, overcoming Zavoronkov’s concerns about Taprut’s long-term profits.

The privacy benefits that Taprut brings are actually considered the opposite, according to Zavoronkov’s description. With Telroot, Bitcoin users will be able to use a variety of ways to lock their coins “without being able to separate from each other,” Belcher said. For example, a transaction used to set up a power channel can be made to look exactly like a bitcoin transaction.

Belcher made a post recently Thread More granular detailed search avenues on Twitter will show how in the long run Trirut Bitcoin will benefit in privacy.

“Taprut is a huge positive for privacy and it should be securely added to Bitcoin as soon as possible,” Belcher later said.

Bitcoin developer Lloyd Fernier, who also received a grant from Square Crypto earlier this year Note That grassroots transactions are less cheap (contrary to what Zavoronov said) so users will be extra motivated to accept them. “The huge unrefined person and community effort of specification and engineering in the vicinity of Taprut is seen to be improving Bitcoin over the coming years and decades.



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