What do you get when you cross a cat, a Pokémon and an Iron Age warrior? A venture capital fund, of course!
Using digital money such Bitcoin and doing any kind activity with it is considered to be absolutely anonymous. Perhaps, there are some seeds of doubt that will help explain the real level of cryptocurrency anonymity.
Firstly, all transactions are registered immediately in the blockchain public network and its users can see money transactions between accounts. It is a complex task to find a user, because all transactions are unnamed, having only special numbers. However, if somebody knows the numbers of one user it becomes easier to find out the others. In order to promote security, all operations have unique numbers. Secondly, the leak of information is possible during hacking attacks during the mining stage. Thirdly, the use of unverified exchanges might be one of the reasons for stolen information. To avoid this, all users should use proven companies, exchanges and platforms.
With online privacy and the misuse of personal data in the spotlight, a peer-to-peer ecosystem says it champions “individual freedom and liberty online.”10368
The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs.12442
A French project says it is creating a “paradigm shift” in the security of our personal information through the launch of cutting-edge decentralized identifiers.9143
An all-anon team is hoping to realize the long-awaited dream of a flexible DeFi options platform25820
Bitcoin remained the most popular cryptocurrency for the Tor Project’s donors in 2020, followed by altcoins like Ether, Monero and Zcash.6559
Anonymous Tor-enabled Bitcoin nodes normally make up as much as 25% of totally reachable Bitcoin nodes.12198
Determining the future of who can and cannot custody crypto and how much you need to know about them remains a central topic of discussion.27580
France is preparing new frameworks to prevent anonymity in crypto.10182
Privacy should be a key talking point from the beginning of CBDC development.26256
The lightchain-vs.-darkchain dichotomy is counterproductive, and a healthy graychain will produce more valuable crypto assets like Bitcoin.5275
Russia’s digital ruble will not have the same level of anonymity as cash, says official.3599
What a statement from a coin whose white paper originally proclaimed it as “a privacy-centric cryptographic currency."9602
The implementation of this technology promises to remove the need for trusted setups.7943
There are purported vulnerabilities in Wasabi's software.8067