Interesting developments are coming to Bitcoin Cash in the future. It seems we may see proper fungibility as well as XOR and String Operations. All of these developments are quite intriguing, to say the least. According to Craig Wright, these changes will be introduced in May of 2018.
Making existing cryptocurrencies better is not an easy feat. Every coin out there needs a lot of work for obvious reasons. Bitcoin Cash is no exception in this regard, yet it seems things are heading in the right direction. More specifically, we may very well see some proper privacy features for BCH moving forward. That would certainly make it more private than Bitcoin or even Ethereum.
A Big Step Forward for Bitcoin Cash
Although privacy and anonymity are not one and the same, these changes sound promising. If Craig Wright is to be believed, we will see proper fungibility and mixing. However, it will not end there, as Oblivious Transfers are a bit more advanced than that. It effectively allows senders to send multiple bits of information, but no one will be the wiser which – or if any – pieces have actually been sent. It is a somewhat common practice in advanced cryptography.
Moreover, Craig Wright claims these features will be introduced in May of this year. Since it is the first most people hear about this, it will be interesting to see how the situation evolves. Bitcoin Cash users will gladly look forward to any improvements affecting their favorite currency. Considering how these features are not native to any of its main competitors, Bitcoin Cash will stand out in its own way.
With XOR and String Operations we have the ability to use Oblivious Transfers. in BCH.
Think of true fungibility and mixing and then, you take it a little further 🙂
Coming your way in May.
— Dr Craig S Wright (@ProfFaustus) March 2, 2018
It will be interesting to see how much of these features come to market in this regard. It is evident innovation matters to the Bitcoin Cash developers as of right now. That in itself is a pretty positive development. New features always keep things interesting. It will also help Bitcoin Cash in terms of fortifying its position in the cryptocurrency ecosystem.
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