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What is it that frees Bisq from all these KYC/AML laws and regulations?

I feel as if I should probably not ask about this, and instead just quietly go on using it in my little corner, not bringing any attention to its existence, but I still must ask: What is it that enables Bisq (the decentralized exchange software/network) from not having to follow KYC/AML laws/regulations? The obvious answer may be "it's decentralized", but let's be real: their website, forum and Github repo are all very much centralized, and this is the only way that I and 99% of its users would be able to get any updates, and probably for the already installed…

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What are the easiest ways to attack Bitcoin if governments plan to do it in future?

If you were a sophisticated state actor and wanted to attack bitcoin, how would you do it?— Matt Odell (@matt_odell) August 4, 2020 Matt asked this question few days back on twitter and its important for many reasons. One of the reasons is if you understand the problems or risks you can think of solutions or ways to minimize it. My response to the question is: Find vulnerabilities in full node implementations and exploit them with stealth. Less people use full nodes and rely on third parties. KYC/AML to link UTXOs and transactions with people. Shutdown or Censor internet if…

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What are the different ways to attack Bitcoin if governments plan to do it in future?

If you were a sophisticated state actor and wanted to attack bitcoin, how would you do it?— Matt Odell (@matt_odell) August 4, 2020 Matt asked this question few days back on twitter and its important for many reasons. One of the reasons is if you understand the problems or risks you can think of solutions or ways to minimize it. My response to the question is: Find vulnerabilities in full node implementations and exploit them with stealth. Less people use full nodes and rely on third parties. KYC/AML to link UTXOs and transactions with people. Shutdown or Censor internet if…

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Blockchain Newsletter for August: How the world is putting blockchain to work

Blockchain is widely recognized for its use cases in the supply chain, from track and trace capabilities and provenance transparency to dispute resolution and streamlining communications between participants in a complex network. Active projects can be found in supply chains for food, beverages, aerospace, automotive and shipping, to name a few. Blockchain-enabled trading networks like […] The post Blockchain Newsletter for August: How the world is putting blockchain to work appeared first on Blockchain Pulse: IBM Blockchain Blog.

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BTC Derivatives Platform BitMEX Makes KYC Obligatory: Report

The BTC Derivatives platform BitMEX makes KYC obligatory and the future looks quite bright for the DeFi protocols so let’s find out more in the upcoming Bitcoin news today. The BTC derivatives platform BitMEX is implementing KYC for all users despite their trading size. Moving in the direction of regulatory requirements can push the exchange into a playground for the hedge funds. This provides a lot of opportunities for derivatives DEXes to fill the exchange’s options as a non-KYC trading venue. The new KYC policy requires the users to submit personal information to the exchange by 2021. This represents a…

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