'Dark Wallet' wants to make Bitcoin even harder to trace

A group of coders has launched a Bitcoin wallet that will make it more difficult to trace transactions using the digital currency.

Dark Wallet is a browser app for bitcoin payments that uses both encryption and CoinJoin technology.

CoinJoin essentially mixes multiple bitcoin transactions, selected at random, as one transfer of funds and conceals the original payers.

A similar technology called Shared Coin was implemented last November in the Bitcoin wallet on Blockchain.info. The site says the feature allows users to route transactions through a shared wallet breaking the chain of transactions.

However, Dark Wallet offers anonymous transactions by default.

Dark Wallet. (Click to enlarge.)

The political orientation of Dark Wallets backers unSystem attracted attention to the app when it was launched on the Indiegogo crowdfunding website, where it raised more than $52,000 last December.

Bitcoin is the next battle ground in the fight against supranational political domination, wrote the backers, including Cody Wilson, known for creating the worlds first 3D-printed gun.

On Twitter, Wilson retweeted a link to a Wired article in which he is quoted as saying about Dark Wallet: Its just money laundering software.

Wilson was not immediately available for comment.

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'Dark Wallet' wants to make Bitcoin even harder to trace