Many of us in the cryptocurrency space have been waiting for the next major market contraction for several years, and it has finally arrived, in spectacular fashion. COVID-19 and government response to it are disrupting markets in a way that few could have expected, putting a massive strain on markets already leveraged to the point of malfunction. The US central bank, the Federal Reserve System (“FRS”), is running the same plays it did during the 2008 crisis to address the market contraction: a combination of reducing its target interest rate and using effectively-unlimited credit to backstop various markets directly. Since Bitcoin was released shortly after the 2008 crisis, many people have come to understand the substantial …
The Decred community considers privacy to be a fundamental human right.
Protecting the privacy of Decred users has been a core tenet of the project since it’s inception. To quote the Decred constitution:
Privacy and security are priorities and shall be balanced with the complexity of their implementations. Additional privacy and security technology shall be implemented on a continuing and incremental basis, both proactively and on-demand in response to attacks.
In late 2019, Jake Yocom-Piatt revealed a much anticipated privacy solution for Decred - CoinShuffle++ (CSPP). The introduction of CSPP enables users to anonymize their Decred by mixing with the steady stream of ticket transactions which flow through the network as part of …