Tornado.cash has launched complete immutability for its smart contracts, despite the potential security risks.
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.
John McAfee’s anonymity-oriented Ghost project plagiarizes PIVX blockchain in “at least 20 of the 26 total pages” of its whitepaper, PIVX developers claim.4522
Does blockchain technology grant enough anonymity? Experts’ opinions vary, as some say the technology hasn’t lived up to the expectations.4814
After successfully completing its first hard fork in August 2019, privacy coin Beam plans to execute its second hard fork in June 2020.7013
Dash developers announced that they expect to update the project’s “Evonet” test network every roughly six weeks.9259
A ransomware group switched from Bitcoin to Monero to better protect the hackers’ identities.8372
Opera now enables its users to access decentralized web pages through a partnership with Unstoppable Domains.5040
What is the correlation between the ransomware landscape and the cryptocurrency industry, and what to expect in the future?2750
With the implementation of ZIP 1014, Zcash will continue to fund its development with a fee imposed on mining, but the question remains: Did the community have a say?3593
A new project says it solves the issues seen in established privacy coins such as Monero and Zcash to deliver complete anonymity.15322
Industry experts tell Cointelegraph about the latest cryptography innovations and how they will influence the future of cryptocurrencies.11302
Chainalysis, a provider of crypto transaction data for IRS and FBI, does not think that privacy coins are bad despite not being able to fully track them.4265
With the launch of Aztec, the Ethereum blockchain can finally become anonymous. What does this exactly mean, and how do we use it?4787
Total darknet market sales in crypto hit a new high in 2019, for the first time surpassing $600 million, according to a new study by Chainalysis.5507
The U.K.’s tax agency is stepping up its blockchain analytics operations. If other countries follow, will it spell the end for anonymity in crypto?5370