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[The Stack] TRR: TOR-inspired anonymity tool for Bitcoin

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parityboy
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[The Stack] TRR: TOR-inspired anonymity tool for Bitcoin

Postby parityboy » Sat Feb 06, 2016 11:44 pm

Researchers at Shenzhen University, China, have introduced a new anonymity system for Bitcoin called Transaction Remote Release (TRR), inspired by the TOR network, to render typical deanonymising tools ineffective.

The technology uses multi-layered encryption to protect the identity of individuals carrying out Bitcoin transactions. However, unlike The Onion Router (TOR), TRR will not be available as a piece of software available for download. The Shenzhen team hope to integrate it directly into the Bitcoin network, providing a TRR-enabled setting which would offer layer encryption and trump current unmasking techniques.


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