#fungibility News

While NFTs Continue to Boom, Charlie Lee Shares his Thoughts on Fungibility

As NFTs Continue to Boom, Charlie Lee Shares His Thoughts on Fungibility

February 15, 2021 by Wayne Jones at Altcoins

The innovation of Non-fungible tokens (NFTs) in the world of blockchain promises to introduce a new means for authenticating ownership of digital artifacts. Understanding NFTs Non-fungibility refers to these tokens' uniqueness and indivisibility, which means that NFTs can't be exchanged for other tokens as they hold special features and valuation. ...

Bitcoin beaming in the sky as a man looks on praising the new god

The Cycle of Traditional Economic Manipulation is an Opportunity for Cryptocurrencies

September 24, 2019 by Ashwath Balakrishnan at Bitcoin

One of the primary reasons that Bitcoin bulls are so full of hope and euphoria is the constant manipulation and complexity in global economics. Central banks are constantly changing their outlook and looking for ways to either inject or withdraw liquidity from the market. According to a piece by Forbes, this poses...

Litecoin Trading Cards Bitcoin Green Grey

Litecoin Introduces Fungibility and Private Transactions

January 31, 2019 by Tokoni Uti at Altcoins, Blockchain, Development, News

According to a January 28, 2019 Tweet from Charlie Lee, Litecoin will be experiencing a soft fork this year that will bring privacy and fungibility to the coin. A Change is Coming Litecoin is set to become more fungible and private according to a January 28, 2019 tweet from Charlie...

‘Crypto Dusting’ Attack Sends Illegally Obtained Bitcoin to Random Cryptocurrency Wallets

January 10, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin, Blockchain, News, Tech

Crypto dusting attack, a hack on cryptocurrency wallets is used to distribute laundered money to the wallets of unsuspecting customers, which in turn, affects their reputation and draws the attention of law enforcement, reports DarkReading on January 8, 2019. A New Way of Distributing Laundered Money According to DarkReading, crypto dusting...

Non-Fungible Tokens: What Are They?

July 26, 2018 by Priyeshu Garg at Altcoins, Blockchain, Cryptocyclopedia, Ethereum

At a time when blockchain technology is getting an unprecedented amount of attention because of cryptocurrencies and their potential to disrupt the global financial system, a different kind of blockchain token is quietly gaining ground. Unlike their flashy exchange-traded cousins, Non-Fungible Tokens (NFTs) do not make headlines for creating and...

What is JoinMarket?: Can it Solve Bitcoin’s Fungibility Problem?

May 22, 2018 by Priyeshu Garg at Cryptocyclopedia

JoinMarket wants to solve the problem of privacy, fungibility, fees, and scalability in bitcoin. It’s an innovative kind of mixing technology which uses CoinJoin. Before a deep dive into JoinMarket, it’s important to understand the CoinJoin method which was proposed by Gregory Maxwell, ex-CTO of Blockstream who quit in January...

Privacy Cryptocurrency Matrix Spreadsheet Compares Top Privacy Projects

May 18, 2018 by Nigel Dollentas at Altcoins, Bitcoin, Ethereum, News, Tech

Cryptocurrency communities are often compared to tribes. As a result, it can be hard to objectively compare the different technologies and advantages of each cryptocurrency. To cut through the noise for privacy-focused cryptos, a Google spreadsheet has surfaced on the internet, allowing for users to see differences between different cryptocurrencies....

ValueShuffle: A Way to Improve Bitcoin’s Fungibility

December 29, 2016 by Alex Lielacher at Altcoins, Bitcoin, News, Tech

Bitcoin’s privacy concerns have been a hot topic this year. Due to the cryptocurrency's pseudonymous status, many newcomers to believe its transactions to be untraceable. However, that is not the case. As all bitcoin transactions are publicly recording on the blockchain, there are various ways in which transaction can be...