Difference between revisions of "Coin Fungibility"
(Created page with "Most digital currencies, including Bitcoin, face the problem of possible devaluation by 3rd parties. An example is the Bitcoins confiscated during the investigation of Silkro...") |
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| − | Most digital currencies, including Bitcoin, face the problem of possible devaluation by 3rd parties. | + | Most digital currencies, including Bitcoin, face the problem of unfungibility and possible devaluation by 3rd parties. |
| − | An example | + | An example are the 'marked' Bitcoins confiscated during the investigation of Silkroad. Digital currencies usually leave a trail of breadcrumbs that can be followed which might lead to loss of privacy. |
| − | Through CloakCoins transaction system [[Features|ENIGMA]] CloakCoin guarantees equality and interchangeability - also called 'FUNGIBILITY'. Devaluation is therefore impossible. | + | Through CloakCoins transaction system [[Features|ENIGMA]] CloakCoin guarantees equality and interchangeability of all coins - also called 'FUNGIBILITY'. Devaluation is therefore impossible. |
Latest revision as of 03:01, 5 November 2017
Most digital currencies, including Bitcoin, face the problem of unfungibility and possible devaluation by 3rd parties.
An example are the 'marked' Bitcoins confiscated during the investigation of Silkroad. Digital currencies usually leave a trail of breadcrumbs that can be followed which might lead to loss of privacy.
Through CloakCoins transaction system ENIGMA CloakCoin guarantees equality and interchangeability of all coins - also called 'FUNGIBILITY'. Devaluation is therefore impossible.
