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The Security Benefits of CashFusion Non-Custodial Wallet
A non-custodial wallet like CashFusion has significantly enhanced the security of countless users following cryptocurrency scams. These solutions empower more individuals to place their faith in the cryptocurrency ecosystem and effectively manage their assets without concerns about security vulnerabilities.
Enhanced Security Measures
One key advantage of utilizing a non-custodial privacy protocol is that it refrains from storing private keys, backup files, or user data on its servers. Instead, the keys are encrypted and stored solely on the user’s devices. In contrast to traditional coin mixing services that directly exchange coins, CashFusion’s technology enables the simultaneous shuffling of multiple eCash coins, obfuscating their origins. Subsequently, users can withdraw the same amount of currency they deposited in the cash mix, rendering it impossible to trace the coins back to the server and enhancing the overall security of the process.
Autonomous Transaction Generation
Users can autonomously generate transactions with other users through CashFusion. By pooling the XEC inputs and outputs of all participants involved in the cash mix, these transactions effectively eliminate any link between the funds’ source and the transaction source.
CashFusion distinguishes itself by enhancing combined XEC transactions. Instead of individual transactions, it generates significant, “jumbo-sized” transactions that merge inputs and outputs from all participants. This significantly increases the number of potential transactions, making it exceedingly challenging to decipher. Additionally, CashFusion’s integration with the Tor network adds an additional layer of confidentiality to transactions. Tor, renowned for providing anonymity, conceals the user’s IP address, preventing potential correlation of transaction components based on IP addresses and heightening security measures.
Privacy and Anonymity Features
Once a user’s coins have undergone one or more ‘Fusion’ transactions, they are regarded as “fused” coins and can be easily spent without privacy concerns associated with a publicly accessible blockchain. CashFusion ensures transactions are untraceable, even though the transaction data is publicly available.
CashFusion now offers a privacy solution for XEC coins compatible with the Electrum ABC and StackWallet eCash wallets, with plans to expand compatibility to include more wallets in the near future.
eCash also aims to develop a Zero-Knowledge Subnet (ZK-Subnet) that will offer optional and robust privacy features. This customizable approach will enable users to select their desired level of anonymity, transferring anonymous ZK transactions to an optional subnet. This advanced privacy solution will facilitate greater participation in blockchain transactions, establishing eCash as a frontrunner in user-centric privacy functionalities within the cryptocurrency realm.
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