online resources

Is Bitcoin anonymity for honest people?

Cryptocurrency is good in that information about transactions is forever recorded on the blockchain in the public domain, and therefore, Bitcoins can be trusted. There are no records on crypto transactions in the databases of banks and governments, but due to the transparency of the blockchain, anyone can track transfers between addresses, and if desired, identify the owners of crypto wallets. Although the cryptocurrency is protected by encryption and a distributed registry, the information about any transactions can be used as you like, including to harm the holders of digital assets. Threats to transparency for crypto holders Initially, cryptocurrencies are…

Continue Reading Is Bitcoin anonymity for honest people?

End of content

No more pages to load