Zerocoin, a potential Bitcoin extension, aims to improve anonymity

Bitcoin is pseudonymous, but not exactly anonymous. A group of Cryptographers out of John Hopkins University are aiming to change that. The group, led by Professor Matthew Green, has been working on Zerocoin, a proposed Bitcoin extension that would increase Bitcoin’s anonymity.

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What FinCEN’s guidance could mean for Bitcoin

As you would expect the Bitcoin world is abuzz with commentary and speculation about the consequences of the FinCEN paper. Some of the more interesting theories on its implications are below…

FinCEN’s guidance may lead to Bitcoin businesses being required to obtain separate money transmitter licenses in 48 states; a difficult and very expensive task. Payment Source.

Could FinCEN’s target be Bitcoin’s anonymity? Might they target Bitcoin mixing services? The Ümlaut.

The guidance may imply that every person who has ever had any virtual currency and exchanged it for ‘real’ currency can now be considered a money transmitter.  The Bitcoin Foundation.

Voucher-Safe, a Next Generation Digital Currency – Part III

voucher-safe-icon-256Part I looks at the motivation behind Voucher-Safe, the evolution of digital currency and how Voucher-Safe transactions work.

Part II  examines the Voucher-Safe economy, trust, security and software.

This final part looks at Voucher-Safe’s interaction with Bitcoin, Issuers and OnionPay.


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Assange tells RT that the internet has become a tool for totalitarian rule

In an interview with RT’s Laura Smith conducted in Ecuador’s London embassy, Assange says that nearly everything everyone does online is permanently recorded as it is cheaper to spy on everyone rather than single people out.

“We have this position where as we know knowledge is power, and there’s a mass transfer as a result of literally billions of interceptions per day going from everyone, the average person …  all the infrastructure has been built for absolute totalitarianism It’s just the matter of turning the key.”

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