In the era of big data, personal trading data privacy there are grey areas, most of the privacy of being bad transactions, even someone also expressed that view, although trading privacy leak and the user’s security interests conflict, but in the era of big data, there is no privacy leaks, won’t be able to enjoy the convenience brought by the large scale data.
The fact is not necessarily the case. Users have surrendered their transaction privacy, and although they have gained more relevant push, they have lost their own choice.
Similarly, in the era of cryptocurrency, even though digital currency itself means strong privacy attributes, the only way to analyze all kinds of current digital currencies is bitcoin Cash (BCH), which has both cryptographic and monetary properties.
Recent developments show just how important BCH is to privacy protection.
First, Bitcoin.com wallet users will now be able to spend money on network cables such as Walgreens. BCH wallet will integrate privacy features. On October 10th, According to AMBCrypto, Jesus Roger Ver revealed that wallet users of Bitcoin.com can now spend BCH at major US outlets such as Walgreens, Walmart, Safeway and Home Depot, and confirmed the news on Reddit. It said the next step for Bitcoin.com is to integrate privacy features into the Bitcoin.com wallet.
Bitcoin.com wallet is a staunch supporter of BCH, which is bitcoin by default. It stopped supporting BCE wallet in March of this year, and has now created more than 2.5 million wallets, playing a significant role in promoting the popularity of BCH. On the one hand, Walgreens, Walmart, Safeway, Home Depot and other major Us outlets are all offline economic ecology, covering supermarkets, Home furnishing, medicine and other fields. The disclosure of transaction privacy can directly infer the user’s health and life status. The importance of Bitcoin.com wallet for the protection of offline entity transaction privacy is self-evident.
On the other hand, it also shows that BCH is a real point-to-point electronic cash, and its transaction scope is not limited to online, and the rapid development of offline transaction volume also brings users’ demand for privacy protection.
Second, the Electron Cash wallet integrates with the Cash Shuffle plug-in. The Cash Shuffle project, which aims to keep BCH trading private by obfuscating information, was first proposed in December. The Cash Shuffle program began preliminary testing in July. After that, no relevant information was issued.
On October 11, Jonald Fyookball, lead developer of the Electron Cash Wallet, posted a new message, claiming that the Wallet integrates a crowdfunding module that allows users to raise money. He also claimed that the new features were added after the successful integration of the Cash Shuffle plug-in, indicating that the Cash Shuffle plug-in has been successfully integrated and put into use.
The crowdfunding module currently integrated with the Electron Cash Wallet allows users to create custom tokens on the Bitcoin BCH blockchain. It shows the reason why BCH is favored and the flexibility and strength of BCH network. Meanwhile, the existence of Cash Shuffle plug-in guarantees the strong privacy of all kinds of Token transactions. Therefore, BCH network not only guarantees the privacy of BCH transactions, At the same time, it also provides strong privacy protection for the entire BCH economic ecosystem.
Thanks to the community’s dedication to creating a sustainable and stable BCH blockchain, the strong privacy guarantees it brings bring endless possibilities to BCH’s economic ecosystem.