Too Long; Didn't Read
Last night, <a href="https://www.coindesk.com/monero-to-become-first-billion-dollar-crypto-to-implement-bulletproofs-tech/" target="_blank">news broke that Monero will be implementing a new and more scalable privacy protocols as part of its blockchain</a>. Bulletproofs, was originally published in a <a href="https://web.stanford.edu/~buenz/pubs/bulletproofs.pdf" target="_blank">2017 whitepaper from Stanford University</a> and quickly became an area of research within the blockchain community. With the announcement, Monero becomes the first cryptocurrency to adopt bulletproofs as a privacy protocol. Just like predecessors such as zk-SNARKS or Secure Multi-Party Computations, bulletproofs has all the ingredients to become one of the most important privacy protocols in the next wave of blockchain applications.