Other day I was talking with a friend whom I onboarded into Bitcoin Cash on Bastyon about privacy on BCH and he was surprised to learn from me that is possible to use the currency in a stealth mode without no one knowing about you spending habits.
This way, users who got their Bitcoin Cash can spend their money on things they like, help fund campaigns of their choice and much more all in "ghost" mode. But how that is possible as Bitcoin Cash has a open Blockchain and not focused in privacy at all?
Well, for Bitcoin Cash to be able to use privacy transactions users need to "fuse" their BCH on their wallets using CASHFUSION.
What's CASHFUSION and how it works?
CASHFUSION is a open-source protocol that allows users to pool their BCH together in order to increase privacy and also anonymity in every transaction users do on-chain. Users mix their Bitcoin Cash with others turning difficult to "snoopers" to track the origin of the funds.
This service is offering a privacy solution in the issue of "coin tracing" in the Bitcoin Cash ecosystem, where, for being a open network allow everyone to snoop around and check the flow of funds between addresses. With Crypto Exchanges requirements for KYC it can be possible to identify people and track their funds.
The pooling process, also known as "fusing," makes it difficult for third parties to trace the origin of a transaction, increasing the overall privacy of the Bitcoin Cash network. The open-source service protocol can be integrated into existing BCH wallets. Transactions made through CashFusion are fast and have low fees, making it a cost-effective solution for privacy-conscious users.
CASHFUSION is a privacy service that can be used for normies or even organizations holding Bitcoin Cash, this is particularly useful for those who are concerned about their financial privacy and wish to protect their financial and personal information from being exposed on-chain.
It's an easy solution service where users don't need to hassle themselves to have their coins mixed because CashFusion software can take care of the process fast,secure and without losing value of the clients. It's designed to be easy to use and accessible to anyone who wants to improve the privacy of their Bitcoin Cash transactions.
CASHFUSION operates using a unique algorithm that splits transactions into smaller amounts and blends them with others, making it difficult to determine the source of the funds. This increased privacy protects users from potential privacy breaches and enhances the overall security of the BCH network.
Note that privacy and security are two distinct things, and CashFusion focuses primarily on privacy rather than security. The service solution protocol uses industry-standard security practices and is regularly audited by third-party security experts to ensure the safety of users' funds.
CashFusion FAQs
Here you can verify Cashfusion stats
The FAQs page on the CashFusion website provides answers to common questions about the service its features. The page covers topics such as how the protocol works, its security features, the process of pooling funds, and its compatibility with different wallets.
It also provides information on the fees associated with using CashFusion, the privacy and anonymity of transactions, and the protocol's open-source nature. This page serves as a helpful resource for individuals who are interested in learning more about CashFusion and its capabilities.
Key points worth mentioning found on the FAQs page in the CashFusion website:
-
How it works: It shows how CashFusion uses its algorithm that make possible splitting transactions into smaller amounts and blends them with others, making it difficult to determine the source of the funds.
-
Security: mention the protocol safety and cryptographic techniques involved to protect users when using the open-source tool.
-
Pooling funds: resumes the understanding of the pooling funds process, making difficult to third parties on tracking Bitcoin Cash transactions on the network.
-
Wallet compatibility: align some compatible wallets that can or are using the CashFusion service, mentioning that can he integrated into existing Bitcoin Cash wallets, but, for now only full implemented on Electron Cash wallet.
-
Fees: Transactions through CashFusion are fast and with lower-cost fees, making it a cost-effective solution for privacy-conscious users on the Bitcoin Cash network.
-
Privacy and anonymity: enhance how CashFusion provides increased privacy and anonymity for BCH transactions, protecting users from potential privacy breaches.
-
Open-source nature: states the open-source nature of CashFusion, which means that it is transparent and its code is available for review by anyone to enhance its security and credibility.
Bottom line
CashFusion is an open-source protocol that enhances the privacy features of Bitcoin Cash (BCH) transactions. It allows users to pool their BCH together to increase privacy and anonymity, making it difficult for third parties to track the origin of a transaction.
The protocol has undergone thorough security audits by reputable firms in the industry to ensure its safety and security, with positive results. The website provides information on the technology behind CashFusion, its features, how to use it, and its security measures. The protocol can be integrated into existing BCH wallets and has low fees, making it a cost-effective solution for privacy-conscious users.
Overall, CashFusion offers a solution for individuals who value privacy and security in their Bitcoin Cash transactions and provides an alternative to traditional privacy-focused cryptocurrencies like Monero, ZANO and ZCash.
Note: If you want to see more content about Bitcoin Cash also about CASHTOKENS published, DON’T forget to tip or donate to this creator—or even consider becoming my sponsor. Together, we can make an impact. Below are my Bitcoin Cash and CASHTOKENS wallet addresses for sending "those" amazing tips to help me continue sharing the gospel of Bitcoin Cash.
qpfmcvkzc7279en9zvw03xz9s0mzu4zflqsm7uljqs
bitcoincash:zz7pjvq99kylyvns6fjmyawjhxwnucgn2qwyae2ye9
WE ARE ALL SATOSHI!
Happy New Year.