Author: xor 2014-08-07 13:00:11
Published on: 2014-08-07T13:00:11+00:00
In this context, Tim Ruffing raises concerns about the decentralization and security of CoinShuffle, a mixing solution for cryptocurrencies that has no third-party involvement. Ruffing questions how users can securely communicate with each other and prevent Sybil attacks, where one attacker poses as multiple users. He notes that while there are likely many mixing algorithms that work if these problems are solved, he does not see how CoinShuffle offers a solution for them. The website provided offers a technical overview of CoinShuffle but does not address Ruffing's concerns.
Updated on: 2023-06-09T01:55:02.096118+00:00