Apr 18, 7:24 pm
‘BIP 324’ Strengthens Bitcoin by Encrypting Node Traffic and Making Attacks More Expensive
Bitcoin’s developers are constantly looking for ways to protect the currency from potential attacks. BIP 324 is a Bitcoin Improvement Proposal to encrypt traffic between nodes on the Bitcoin network, making it harder for snoops to spy on users. The project is nearing completion and is being tested on the main Bitcoin network. BIP 324 will make it harder for powerful entities to censor Bitcoin transactions, and will also make it more expensive for attackers to target small amounts of Bitcoin.