One of the most powerful use-cases for a cryptocurrency is facilitating the ability to anonymously store and transact value.
The rise of Bitcoin was due in part to the utility it brought to darknet marketplaces via “pseudonymous” wallet addresses. Initially, this allowed Bitcoin’s users to transact value anonymously.
As Bitcoin became more popular, more resources were dedicated to understanding patterns of transactions between pseudonymous wallets. It is now well established that Bitcoin does not provide its users with the ability to transact anonymously. Because of this, a number of “privacy coins” have been created with the goal of solving this problem.
On Tuesday at 12p PST, ResearchHub will host a live e-Journal Club and AMA with George Kappos discussing his paper “An empirical analysis of anonymity in Zcash”
Sign up here if you are interested in how experts perform network analysis on privacy-coin blockchains and would like to learn exactly how anonymous Zcash transactions are: https://ama.researchhub.com/georgekappos