Using bitcoin for anonymous transactions isn’t easy. This article aims to answer the burning question: How to keep my bitcoin transaction untraceable?
It’s an established fact that a person’s identity could potentially be exposed by their Bitcoin transactions. The fact that Bitcoin is not really anonymous is becoming more of an issue, so what can we do to stay untraceable?
Hope everyone’s been having a sweet 2020 so far. Here’s what we’ve been up to:
1. Development grant received from Binance to… keep doing what we’re doing
Our tech team has received the Binance X fellowship to keep building killer software for the world. This grant will fund the development of Portal — a completely decentralized universal bridge that will enable incognito mode for any cryptocurrency from any blockchain.
How important will blockchain be for Generation Z? On the one hand, many experts say we’re still years away from buying coffee with Bitcoin. On the other, China continues full steam ahead on their national cryptocurrency. While there’s still uncertainty about when blockchain will enter our daily routine, there is little doubt that it will.
The next question is, how should K-12 teachers introduce blockchain to their students in 2020?
3 January 2020 – Incognito, an open-source project focused on building privacy for the crypto space, has teamed up with the high-throughput, high-security blockchain protocol Zilliqa to deliver reliable privacy solutions for its users, developers and traders. Incognito is a blockchain-agnostic platform that enables complete anonymity for today’s most promising crypto assets.
Binance’s fully regulated USD stablecoin, BUSD, seamlessly integrates crypto into world commerce, loans, payments and more.
Now, BUSD holders can spend their digital dollars on Autonomous, a beloved e-commerce retailer of smart gadgets and workplace products.
It’s classic crypto-commerce… with an important twist.
In conjunction with privacy blockchain Incognito, Autonomous customers will be able to choose privacy BUSD (pBUSD) as a payment option. Any BUSD holder will be able to seamlessly convert their BUSD to pBUSD via the Incognito Wallet, to take advantage of the very first privacy-focused crypto-commerce experience.
Incognito has been awarded the Binance X fellowship, to create “free and open-source software that will enable new innovations and businesses in the crypto economy.” Incognito will facilitate Binance’s goal of crypto adoption on a global scale by ensuring our fundamental right to privacy is protected in this borderless, digital world.
The Binance X fellowship stipend will fund development of the Incognito Portal – a fully decentralized, universal bridge to Binance Chain and beyond. Portal will allow the user to anonymously transact any amount of BNB and BEP2 tokens without relying on a trusted third party.