New Dandelion Proposal Aims to Anonymize Bitcoin Transaction Broadcasts
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New Dandelion Proposal Aims to Anonymize Bitcoin Transaction Broadcasts

THELOGICALINDIAN - Back in February a new aloofness white cardboard for the Bitcoin arrangement alleged Dandelion was appear and accustomed a lot of absorption from the bitcoin association Now the advisers and programmers complex with the abstraction accept submitted a Bitcoin Improvement Proposal BIP to the bitcoin developers account for acknowledgment and review

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A New Proposal Called ‘Dandelion’ Hopes to Redesign the Bitcoin Network for Anonymity

Dandelion is a abstraction advised by the Zcash adviser and developer Andrew Miller and a aggregation of University of Illinois researchers. A few months ago the aggregation released its white cardboard ‘Dandelion: Redesigning the Bitcoin Network for Anonymity.’ The activity is a new blazon of transaction broadcasting adjustment that aims to stop bodies concern and analysis Internet Protocol addresses (IP). Essentially affairs relayed to nodes go through a few hops followed by a symmetric advertisement beatific to added nodes which cannot analyze the aboriginal IP source.

According to the afresh submitted Github proposal Dandelion works in two phases.  

“[The aboriginal phase] is the “stem” phase, and again “fluff” phase,” explains the Dandelion BIP. “During the axis phase, anniversary bulge relays the transaction to a *single* peer. After a accidental cardinal of hops forth the stem, the transaction enters the boner phase, which behaves aloof like accustomed flooding/diffusion. Even back an antagonist can analyze the area of the boner phase, it is abundant added difficult to analyze the antecedent of the stem.”

A Privacy-Enhancing Modification to Bitcoin’s Transaction Propagation

In accession to appointment the BIP to Github Dandelion’s developer Andrew Miller additionally wrote a letter of absorbed to the bitcoin developers via the Linux Foundation commitment list. Miller states the aggregation has put calm the basic implementations for the Dandelion BIP and he would adulation it if developers provided them with feedback.   

Dandelion Is Currently Being Experimented With Via Bitcoin’s Testnet

New Dandelion Bitcoin Proposal Aims to Anonymize Transaction BroadcastsFurthermore, Miller capacity the Dandelion aggregation is experimenting with the cipher on the Bitcoin testnet and will address allegation to the commitment list. Additionally, in allegory to the aboriginal white paper, the accepted BIP includes several new architecture appearance says Miller. This includes a stronger antagonist archetypal and a added able-bodied advancement implementation.

The latest aloofness acceptable BIP Dandelion comes at a time back governments everywhere are attractive to accomplish austere AML and KYC regulations appear bitcoin users. Abounding bureaucrats and law administration agencies accept been blame for abounding privacy-invasive measures and blockchain surveillance tools for absolutely some time. The Dandelion BIP was already afresh well received by abounding bitcoin proponents beyond forums and amusing media on June 13.

In accession to the Dandelion news, Breeze Wallet, addition aloofness acceptable apparatus that accouterments the Tumblebit agreement is rumored to be released at the end of the month.

What do you anticipate about Dandelion proposal? Let us apperceive in the comments below.

Images via Shutterstock, Pixabay, and the Dandelion white paper.   

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