Elon Musk Announces ‘Bitcoin-Style’ XChat, But Tech Experts Are Skeptical
Tech experts question the new offering’s claims of having Bitcoin-style encryption.
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Encryption
Tech experts question the new offering’s claims of having Bitcoin-style encryption.
The funding found was led by Multicoin Capital and Protocol Labs and included participation from Solana co-founder Anatoly Yakovenko and Ethereum and Polkadot co-founder Gavin Wood. The ‘FHE’ technology allows for processing of encrypted data, useful for privacy in blockchain and AI.