Over the past few months, the company Coingeek has been investing in blockchain projects across the bitcoin cash ecosystem. The firm owned by the entrepreneur Calvin Ayre has been funding projects like terabyte block size research, the platform Electron Cash, and a mining operation as well. Further, the company says it is also offering a £5,000,000 bounty for a BCH-based tokenization mechanism. Now, this week the firm has announced the funding of the project Cash Shuffle, a mixer that enables privacy-enhanced transactions on the BCH network.Back in December of 2017 news.Bitcoin.com reported on a new shuffling platform designed for bitcoin cash. The open source project, Cash Shuffle, is a client-server model with an implemented plugin for the Electron Cash wallet. The project’s website claims that the protocol cannot read information tied to transactions mixed nor can the server steal funds.“The server, like the individual participants, also has no knowledge of which input corresponds to which output — The server cannot steal money in a proper Cash Shuffle implementation because the transactions are only signed on the client side if they are valid,” explains Cash Shuffle.
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- Blockchain Firm Coingeek Funds the Privacy-Centric BCH Mixing Platform Cash Shuffle