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Topic: Blockchain is not private - page 2. (Read 945 times)
Blockchain is being used in many businesses as security not only secure but also attract many customers for the industry. Simple to prove that I just said that bitcoin is also using blockchain as a shield and security .
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Blockchain is not private but highly anonymous. Anyone can see the transactions, but it’s difficult to identify who exactly performed them because of pseudonyms which don’t give any information about real persons. That’s why blockchain is transparent and anonymous at the same time.
A blockchain is a continuously growing list of records called blocks, these blocks are linked and secured using cryptographic algorithms. Each block typically contains a hash (a link to a previous block), a timestamp as well as transaction data.
Blockchain technology is so decentralized to the extent that nothing is private, I believe this is the backbone of the blockchain network. Transparency is key to market any product to people. I think projects really understand data privacy and hence investors are not worried about their data being mishandled.
No, Blockchain is not private but it is transparent. Transparency is totally clear by transaction that is seen by everyone.
I have not understood the OP's meaning about data security through the DAPP device, is it a new project or international regulation relating to KYC and AML security? Please give us a clear picture.
Blockchain is reliable , the information of user won't be revealed , it means the anonymity of blockchain. It is one of best feature that i appreciate the blockchain
But on the other hand, a lot of people say that if you really want to find a person , then it can be traced through transactions. How - I do not understand .
if we see blockchain transactions we can find someone, bitcoin hackers that are troubling users are easily captured
Here they are with ease in the future will be able to take the place of the main currencies in which the shares of some real business will be quoted, which will abandon the dollar and the money we all know in the direction of crypto-currencies.
that's the transparency of blockchain technology that is very good, they are very transparent there is no secret all transactions can be seen by everyone, but keep in mind that it's very safe.
For me blockchain is private. We knew that many company knows about our blockchain but of course theg are following terms and conditions to make our privacy safe. Blockchain can't be in public because this will make the system fall.
Until now it will not be denied that it is still highly recognized and can be trusted that blockchain is still very reliable and safest. and there is never any news that leads to harm.
Yes, blockchain is personal, bitcoin-based transactions are based on blockchain technology that can do a good job of securing information, meaning that the two parties do not know anything about each other except for the account address. bitcoin. That is what attracts a lot of bitcoin users
As we know that security and privacy are very important for users. If Blockchain is not private, I don't understand what will happen. Confusing. 
You're right. I also thought about it. Our information is not confidential. I think it can be hacked.
I still keep my opinion that blockchain is private. Blockchain is famous for its private, I think our information is not easy to be hacked. 
blockchain is not for "data storage"! it is used for transactions in decentralized monetary system such as bitcoin and it stores transaction history. there are projects that focus on data storage but they are not focusing on privacy of it because blockchain is something you share so the "data storage" aspect of it in those projects should also be based on sharing so there is no privacy.
if you want privacy when storing your data then don't share it with others! store it locally.
and stop reading the nonsense that ICOs are advertising these days without thinking about what it really is.
if you want privacy when storing your data then don't share it with others! store it locally.
and stop reading the nonsense that ICOs are advertising these days without thinking about what it really is.
Private Blockchain is an absolute opposite of public blockchain. It is because many functions that are open to all on a public blockchain aren’t open here to all. Here one can’t read/write or audit the blockchain anytime unless one has the permission to do so. In private blockchains, the owner of the blockchain is a single entity or an enterprise which can override/delete commands on a blockchain if needed. That’s why in its true sense it is not decentralized and hence can just be called a distributed ledger or database with cryptography to secure it.
bitcoin and crypto have to find transactions. If new users want to buy or register a bitcoin or cryptocurrency account without paying.
The owner of the blockchain is private and anonymous, for this we can see wallet history but don't know the identity of the holder. The blockchain is able to provide security for every holder and has many features that can make a valuable asset.
You're right. I also thought about it. Our information is not confidential. I think it can be hacked.
As far as I know Blockchain technology is private and we can only track someone's wallet address without knowing the owner of the wallet. So with blockchain we can only see the history of transactions that we make when we send Bitcoin to other people without others being able to see our faces.
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