Atomicity in cross-chain swaps means that two people can exchange digital assets between different blockchains in a way that ensures either both sides of the swap happen or nothing happens at all. This prevents one party from losing their assets without receiving anything in return. Atomicity is crucial for trustless trading, as it removes the…
Category: Blockchain
Token Swaps
Token swaps are transactions where one digital token is exchanged for another, usually on a blockchain network. This process can happen directly between users or through automated platforms called decentralised exchanges. Token swaps make it easy for people to trade different cryptocurrencies without the need for a central authority or traditional currency exchange.
DID Resolution
DID Resolution is the process of taking a Decentralised Identifier (DID) and finding the information connected to it, such as public keys or service endpoints. This allows systems to verify identities and interact with the correct services. The process is essential for securely connecting digital identities with their associated data in a decentralised way.
Self-Sovereign Identity
Self-Sovereign Identity (SSI) is a way for people to control and manage their own digital identities, rather than relying on companies or governments to do it for them. With SSI, you store your identity information yourself and decide who can see or use it. This helps protect your privacy and gives you more control over…
Verifiable Credentials
Verifiable Credentials are digital statements that can prove information about a person, group, or thing is true. They are shared online and can be checked by others without needing to contact the original issuer. This technology helps protect privacy and makes it easier to share trusted information securely.
Decentralized Credential Systems
Decentralised credential systems are digital methods for issuing and verifying qualifications, certificates, or proofs of identity without relying on a single central authority. Instead, these systems use distributed technologies such as blockchain to ensure credentials are secure, tamper-resistant, and easily shareable. This approach gives individuals more control over their personal information and makes it harder…
Privacy Pools
Privacy Pools are cryptographic protocols that allow users to make private transactions on blockchain networks by pooling their funds with others. This method helps hide individual transaction details while still allowing users to prove their funds are not linked to illicit activities. Privacy Pools aim to balance the need for personal privacy with compliance and…
TumbleBit
TumbleBit is a privacy protocol designed to make Bitcoin transactions more anonymous. It works as an overlay network where users can mix their coins with others, making it difficult to trace the source and destination of funds. By using cryptographic techniques, TumbleBit ensures that no one, not even the service operator, can link incoming and…
CoinJoin Transactions
CoinJoin transactions are a method used in Bitcoin and similar cryptocurrencies to improve user privacy. By combining multiple users’ transactions into a single transaction, CoinJoin makes it more difficult for outside observers to determine which coins belong to whom. This process helps prevent tracking of individual payments and enhances anonymity for participants.
Coin Mixing
Coin mixing is a process used to improve the privacy of cryptocurrency transactions. It involves combining multiple users’ coins and redistributing them so it becomes difficult to trace which coins belong to whom. This helps to obscure the transaction history and protect the identities of the users involved. Coin mixing is commonly used with cryptocurrencies…