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Bitcoin Cash Supporters Await The Cashfusion Audit With 4500 Fusions

Stefan by Stefan
28/05/2020
in Bitcoin Cash News
Reading Time: 2 mins read
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bitcoin cash skyrocketed, bitcoin, eth, ethereum
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The Bitcoin Cash supporters await the latest Cashfusion audit as the protocol helped facilitate 4583 fusions up to date with more than 40,564 bitcoin cash. In our Bitcoin Cash news today, we are reading more about the Cashfusion extension.

The Cashfusion platform was deemed ‘’far more practical than other coinjoin protocols’’ and Bitcoin Cash supporters await for the completion of the codebase audit as the protocol will start the new security audit from the well-known company Kidelski Security. The platform is a very popular-privacy enhancing platform that is used for obfuscating Bitcoin cash transactions and it became very popular after most of the supporters leveraged the previous platform named Cashshuffle.

Bitcoin Cash Fusions
Bitcoin Cash Fusions (Source: NewsBitcoin.com)

The protocol was reviewed by a number of people including the data analyst James Waugh which tested thousands of BCH transactions by going through inputs and outputs. Waugh found out that it is not possible to establish a concrete link between the fused transactions and said that Cashfusion is more practical than other projects. Since the end of November last year, the BCH supporters fused $9.1 million worth of BCH, and the 40,000 BCH were fused in 4583 fusions with 266,752 inputs and 260,385 outputs. The users can see the statistics by leveraging the Acidsploit stats website but also by checking the web portal stats.cash.

BCH shuffles
Bitcoin Cash Shuffles (Source: Newsbitcoin.com)

The previous platform Cashshuffle got a lot of traction since 2019 and there have been 52,123 shuffles since. About 247,387 Bitcoin Cash was shuffled since then which is about $55 million at today’s rates. The BCH fans celebrated the Fusion Friday as they gathered around to produce the number of fusions. The Bitcoin Cash proponents are waiting for the audit from the Kudelski Security firm which will review the codebase and operations.

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After the Kudelski review of Cashshuffle, the developers launched the official version of the protocol and the review was so positive that many of the BCH supporters now look forward to the outcome of the audit. The conclusion of the Cashshuffle audit explained that the protocol showed no major deviations:

 “We further believe that the Cashshuffle codebase that we reviewed is implementing the Coinshuffle protocol with no significant deviations, and we did not find any evidence of malicious intent, flawed logic, or potential backdoor in the codebase.’’

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Tags: 4500 fusionsBchbch supportersbitcoin cash fusionsbitcoin cash networkbitcoin cash supporterscashfusioncashfusion platform
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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