Human DeFi Haeck will take place remotely from 10 November to 10 December

Human DeFi Haeck is an initiative that wants to contribute to bringing the advantages of DeFi to a more people-centred perspective. It will take place remotely from 10 November to 10 December. This was reported to Cointelegraph en Español in a press release.

This hackathon is an initiative of æternity blockchain and superhero.com, a decentralised social network built on æternity.

In the release they also detailed some of the features of æternity, the Erlang-based blockchain: „Integrated oracles, unlimited scalability and low transaction fees“.

„The haeckathon will run remotely on devpost.com from November 10 to December 10 and, in addition to providing developers with the tools and resources to learn how to build on æternity, will facilitate design thinking techniques to ensure that the solutions developed meet real market needs, so that projects can have the opportunity to continue to develop after the hackathon,“ they added.

The hackathon will be supported by blockchain 4 Humanity, an international non-profit organisation: „b4H will lead the design thinking webinars and provide guidance to participants to present meaningful solutions, which will be eligible for USD 16,000 in ae tokens in awards, as well as the possibility of receiving assistance for the further development of their projects“.

Those interested in participating or having more information, can enter here.

Bitcoin and the aggregated crypto market are still battling for significant momentum.

BTC has broken its recent lows, but remains in a somewhat precarious position as price continues to move sideways.

Where BTC goes next will likely depend largely on the stock market, which has had a strong impact on price behavior

Still, Bitcoin’s independent strength remains as most of the on-chain indicators flash bullishly.
An analyst is now finding that the cryptocurrency was able to post an incredibly bullish technical crossover.

He comments that this transition has an 80% success rate, which could mean a serious uptrend is imminent in the short term.

Bitcoin Revolution and the entire crypto market have struggled to gain momentum in the past few days and weeks.

This has largely led both bulls and bears to an impasse as BTC consolidates at around $ 11,400.

Where the coin heads in the near future could largely depend on its reaction to the resistance at around $ 11,600, as continued trading below that level could open the gates for further downside moves.

One analyst, however, comments that Bitcoin has only just been able to see an extremely bullish technical crossover – which seems to indicate that an upward move is imminent.

Bitcoin continues to consolidate – correlation to stocks remains

At the time of writing, Bitcoin is trading at $ 11,450. This is roughly where it has been traded for the past few weeks.

The lack of momentum that BTC has seen lately is due to a period of consolidation within the stock market.

All eyes are now on whether a phase 2 stimulus package will be released in the near future. Investors also wait for the results of the election before rushing into positions.

This indicator shows that Bitcoin is about to take a big boost

One trader comments that Bitcoin has just released a bullish so-called TK-Cross over its cloud. He notes that historically this has resulted in a strong upward move – with 80% confidence.

„Earlier bullish TK crosses with a price above the cloud … You can decide for yourself whether you want to use the 80% hit rate.“

If history rhymes, this pattern suggests that some serious bullish move could be imminent for Bitcoin .

Anonymity is often a subject of controversy in our societies. Some feel that hiding your identity is only for notorious criminals or other shady characters.

In an era of mass state and corporate surveillance where everyone is watched for their actions, it is perhaps difficult to imagine a world where our identity is not constantly sold to the highest bidder.

However, not all have abandoned themselves to this fate, and some continue to fight for their conviction and the protection of their privacy. The famous whistleblower, Edward Snowden , wisely stated in a 2015 interview :

“Saying you don’t care about privacy because you have nothing to hide is no different from saying you don’t care about freedom of expression because you have nothing to hide. say. “

While the battle for the right to anonymity seems lost to some, others are not ready to give up on this quest .

Anonymity through software – the birth of CoinJoin

The right to anonymity is strongly pushed by the majority of the ideologues of bitcoin . This is a sought after property to ensure a censorship resistant form of money .

The inventor of Bitcoin Billionaire scam himself, Satoshi Nakamoto , withdrew completely from the internet without revealing his true identity only 2 years after launching the Bitcoin protocol . This tradition of anonymity appears to carry on beyond Satoshi, as many Bitcoin developers are also anonymous .

Bitcoin mixers

Indeed, some of the most popular software in the Bitcoin universe is mixing software using CoinJoin technology .

First stated in a 2013 Bitcoin Talk discussion by renowned Bitcoin Core developer Gregory Maxwell , CoinJoin technology has come a long way since then.

Like mixers on the darknet that often ended up being scammed because of their centralized form, mixing technologies using CoinJoin are infinitely more secure than their ancestors.

Businesses and individuals who are concerned with the topic of privacy can now anonymize their digital assets without fear with relatively easy to operate software interfaces.

In today’s article, we will explain and compare the different techniques of Bitcoin technology , but first of all, let’s briefly understand what it is.

What is CoinJoin?
The CoinJoin method consists of creating a special transaction including several participants wishing to anonymize their coins. This transaction groups together several “inputs” coming from several sources (several participants) and includes a set of “outputs” with new addresses for the return of coins.

Transaction CoinJoin

The goal is to break the link between the input that pays the output corresponding to it. The new UTXOs thus created will all have the same value so as not to be able to infer the origin of the inputs.

The anonymity comes from the fact that probabilistically speaking, it is virtually impossible to guess from which address the created output originally came.

The more users who join the game, the more difficult it is to infer any analysis according to the heuristics used by famous Blockchain analysis companies, such as Chain Analysis.

There are many implementations of CoinJoin technology and each of them uses it in a different way. Let’s see which one of you is the best fit!

PayJoin, simple and efficient

PayJoin is one of the most minimalist CoinJoin techniques among all those we will present today, because it only takes place between 2 participants . It is a collaborative transaction that relies on making a payment and a transaction simultaneously.

This technique has many advantages, including that of breaking the supposed heuristic that all inputs in a transaction belong to the same party.

Let’s take a look at how a “normal” transaction can be turned into a PayJoin transaction.