TumbleBit
From CryptoWiki
Revision as of 10:18, 30 September 2018 by wiki_crypto>Zeb.dyor (Created page with "* “TumbleBit is a anonymous payments protocol that is fully compatible with today’s Bitcoin protocol. TumbleBit allows parties to make payments through a...")
- “TumbleBit is a anonymous payments protocol that is fully compatible with today’s Bitcoin protocol. TumbleBit allows parties to make payments through an untrusted Tumbler. No-one, not even the Tumbler, can tell which payer paid which payee during a TumbleBit epoch. TumbleBit consists of two interleaved fair-exchange protocols that prevent theft of bitcoins by cheating users or a malicious Tumbler.“
- TumbleBit combines fast cryptographic computations (performed off the blockchain) with standard bitcoin scripting functionalities (on the blockchain) that realize smart contracts.
