Crypto

Bitcoin Cash’s Cashfusion Works as Intented, so far

The opinions on any development involved Bitcoin Cash will always be all over the place. Cashfusion, the upcoming privacy upgrade for BCH, has high expectations to live up to.

A recent comment by data analyst James Waugh only confirms the potency of Cashfusion.

The Future Looks Bright for CashFusion

James deems this option to be far more practical compared to traditional CoinJoin implementations.

This is part of the massive stress test that Cashfusion is being put through right now.

By actively looking at privacy-enabled transactions, one can often determine how well this solution works exactly.

So far, it seems as Bitcoin Cash is on the right track to give users more privacy options in the near future. 

Based on the research by James, it appears virtually impossible to crack Cashfusion in its current state.

Related Post

It is important to note that this new solution is an extension of Cashshuffle mixing.

That feature was introduced to Bitcoin Cash in 2019. 

For now, there is still plenty of testing to be done for reputable auditors.

Cashfusion is a crucial upgrade for Bitcoin Cash and will need to work as advertised right away. 

Bitcoin enthusiasts will remain divided over this topic for quite some time to come.

Many still harbor hostile feelings toward Bitcoin Cash in 2020.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Justin Sun Pledges $SUN Buybacks With SunPerp Revenue

Justin Sun, CEO of TRON DAO, has just made one of his biggest announcements of…

2 days ago

$BNB Hits $1,000 ATH as Market Cap Reaches $145.7B

$BNB has broken through a historic milestone. The token surged past $1,000, setting a new…

3 days ago

Top 5 DeFi Tokens Less Than $1 Price Mark To Watch In September

Decentralized finance (DeFi) has continued to disrupt traditional financial systems, offering permissionless access to lending,…

3 days ago

Solana Data Insights: App Revenues Hit $193.5M in August, Up 126% YoY

Solana’s app economy posted another breakout month. Total application revenues surged to $193.5 million in…

4 days ago

Sharps Technology Aligns with Bonk for Treasury Staking and Solana Growth

Sharps Technology (NASDAQ: STSS) is making a major move in the Solana ecosystem. The company,…

4 days ago

Understand AR In the Context of LivLive’s Game Layer for Reality Ecosystem

LivLive is redefining augmented reality (AR) gaming by turning real-world actions into measurable value for…

4 days ago