Only a couple of days before this bitcoin cash anniversary, BCH fans discovered the Cashfusion audit from Kudelski Security has become complete. Electron Cash engineer Jonald Fyookball declared the audit was completed and stated the protocol “passed, mostly with flying colors.”
Last February it was announced that Fintech Zoom could host a design for its Cashfusion group to be able to increase $100,000. $50k worth of this cash went toward an audit in the company Kudelski Security, and the remaining funds went toward programmer expenses.
For each BCH donation sent by the neighborhood, Fintech Zoom matched dollar for dollar. The design surpassed the target by 103.3% or $51K worth of bitcoin cash distribute involving 623 contributions.
Previously, Kudelski Security also audited the Cashshuffle stage before its official launch. After advancing upon Cashshuffle using all the Cashfusion protocol, programmers decided to possess Kudelski audit the code too.
On Wednesday, Electron Cash (EC) programmer Jonald Fyookball revealed the Cashfusion audit was complete and the BCH community may read the accounts hosted on the EC site. Moreover, Fyookball clarified the “[Cashfusion] protocol passed, largely with flying colours.”
“Overall, we believe that Cashfusion addresses an existing problem in managing anonymized transactions in bitcoin cash by adopting a reasonable security tradeoff,” that the Kudelski record notes.
“We observe that the security analysis of Cashfusion considers many important aspects, although it can certainly be improved in the future. The protocol is very complex, which limits the accessibility for a sound analysis and security evaluation,” Kudelski’s findings emphasize.
Kudelski Security added that the Cashfusion codebase they examined “is implementing the protocol as correctly as described and we did not find any evidence of malicious intent or potential backdoor in the codebase.”
In addition to this analysis, Electron Cash programmer Calin Culianu declared the initiation of the Electron Money pocket version 4.1.0 using Cashfusion.
Obviously , the BCH community was thrilled to hear about the completion of the security audit and Fyookball’s announcement was the top post on the Reddit forum r/btc. The top comment on the post stems from Fintech Zoom’s Roger Ver who said:
This is one of the most exciting developments of the year— Strong privacy on BCH is a big big deal.
Another BCH supporter wrote: “Love itlove it, love it— Let’s bring this puppy to Fintech Zoom wallet.
“Let’s bring it to every wallet,” another individual responded in the thread. “Users should actively opt-out and declare they will need their account/transactions to be public instead of private (standard),” he added.
What do you think concerning the Cashfusion audit conclusion? Let us know what you think in the comments section below.
Image Credits: Shutterstock, Pixabay, Wiki Commons, Kudelski Security, Cashfusion
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