Privacy in Bitcoin: TumbleBit Trailer
Channel: nopara73
Date: 05/01/2017

White Paper: https://eprint.iacr.org/2016/575.pdf
Implementations:
https://github.com/BUSEC/TumbleBit
https://github.com/NTumbleBit/NTumbleBit
Paula's facebook fan page: https://facebook.com/djPLaLa/


The video discusses the various perspectives on privacy in Bitcoin. Some argue that government control should be questioned rather than blaming Bitcoin for privacy concerns. Researchers are looking into both tracking and anonymizing transactions. Fungibility, the interchangeability of currency, is seen as useful for gamblers and tax evaders. However, harmful uses exist regardless of privacy, and there is a need for improvements in Bitcoin's privacy. TumbleBit is introduced as a solution for anonymous payments that enhance privacy and fungibility without the risk of theft.