<ul><li>Elon Musk announced a new encrypted messaging feature on XChat, claiming it was built on Rust with "Bitcoin style" encryption.</li><li>Experts criticized Musk's terminology, stating that Bitcoin does not use encryption but relies on cryptographic hashing and signing for data integrity and ownership verification.</li><li>Critics highlighted Bitcoin's lack of privacy, emphasizing that transactions are public and transparent, based on signatures for authentication, not encryption for secrecy.</li><li>The ambiguity in Musk's statement has sparked a debate, raising concerns about his credibility among technologists and highlighting the importance of accuracy in the crypto ecosystem.</li></ul>

Elon Musk Faces Backlash Over ‘Bitcoin-Style Encryption’ Claim in XChat Launch

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