bibibi.ccLoading…
Citrea announced its acquisition of the Bitcoin privacy product Crest, which emphasizes user custody of keys and assets.
[New M&A] Citrea Acquires Crest
Crest is a Bitcoin privacy product for everyday use. It treats privacy as the default while users keep their own keys and coins, with no custody and no surveillance.
More about Crest:https://www.rootdata.com/projects/detail/Crest?k=MjYwMzc%3D
Source: https://www.blog.citrea.xyz/citrea-acquires-crest-to-bring-zcash-style-privacy-to-bitcoin/
The headline states that Citrea acquired Crest.
The original text describes Crest as a Bitcoin privacy product for everyday use.
The original text states that Crest provides privacy by default while allowing users to retain custody of their own keys and assets.
The original text states that Crest does not custody assets or conduct surveillance.
The following is analysis, separate from reported facts. Verify important claims independently.
This is an M&A announcement. Put simply, Citrea is bringing Crest under its umbrella; according to the original text, Crest is designed around privacy and users retaining control of their own keys and assets.
The news concerns a change in ownership of a Bitcoin privacy product and emphasizes a privacy-by-default, non-custodial model.
Beginners should note that “non-custodial” means users hold their own keys; the original text does not state whether the acquisition will change Crest’s product or how it is used.
Loading event timeline…
This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →