The technological billionaire Elon Musk, the head of X (previously Twitter), Tesla and Spacex, announced on Sunday the launch of a new messaging application called Xchat. Neither the BTC market nor the technological community are impressed.
One of the key features of the new offer is that it is based on a programming language called Rust with Bitcoin style encryption. While it sounds exciting, the cryptographic community is not particularly bitten, raising doubts about what it means exactly.
“Bitcoin mainly uses signatures, not in encryption. This is like saying, we decided to execute our rocket in the water, since NASA uses hydrogen and oxygen,” said Ian Miers, an assistant computer professor at the University of Maryland, in X.
The encryption refers to the scrampbling data process so that only the authorized parts with the correct keys can decipher and read it. However, transactions executed in Bitcoin Blockchain are not encrypted, but are signed. In fact, all the data shared between Bitcoin nodes are not encrypted, allowing total strangers to interact with the network.
“Needless Bitcoin style and” oxide “
Bitcoin, the leading cryptocurrency for market value, flatly quoted about $ 105,000, since it decreased more than 3% last week, according to Coindesk data.
Other key features of the new offer include end -to -end encryption, disappearance messages and the ability to send any type of file, including audio and video files, without a telephone number on all platforms.