Bitcoin Cash
$320.67 -0.21%
BCH · 1w

How to Shuffle BCH and Keep Your Transactions Private With Cashshuffle - Bitcoin News

How to Shuffle BCH and Keep Your Transactions Private With Cashshuffle

As blockchain surveillance becomes more prevalent, cryptocurrency advocates have created ways to make digital currency transactions more private. Bitcoin Cash (BCH) has an application called Cashshuffle, which allows users to shuffle their BCH with other fractions of BCH to obfuscate the transaction trail. To complete a shuffle, there are a few steps you must take to utilize the Cashshuffle protocol via the Electron Cash lite wallet.

Also Read: 10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS

A Guide to Shuffling Bitcoin Cash With Cashshuffle

Keeping your business private is a sovereign right and when it comes to money, people like to keep their spending habits and transactions discreet. Bitcoin Cash (BCH) developers believe in confidential transactions, and last March the Electron Cash wallet saw the first implementation of Cashshuffle added to the client. Cashshuffle is a decentralized coin mixing scheme that shuffles your bitcoin cash with other network participants. The shuffling process makes it difficult for chain analysis entities to follow transactions. Since March 27, millions of dollars have been shuffled and the platform continues to be a top BCH application. To ensure crypto transactions are concealed from onlookers, we’ve drafted a step-by-step Cashshuffle walkthrough so you can keep your bitcoin cash transactions confidential.

You need to download the latest version of Electron Cash to use the Cashshuffle protocol. Last May, developers released a new Cashshuffle JS library which will make it easier for light clients like the Bitcoin.com Wallet to integrate the Cashshuffle protocol.

The first step is to download the latest Electron Cash wallet which is available for Linux, Windows, Mac OS, and mobile phones as well. However, Cashshuffle only ...

Continue on news.bitcoin.com
Recent news