Blockchain is not private - page 3. | Bitcointalksearch.org

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Quote from: gezhid008 on October 14, 2018, 02:20:04 AM

... I've seen so many Dapps that offer opportunities to free people, free data or create open markets. Cool, but the white paper doesn't say how to store these extremely private, sensitive data controlled by a highly developed set of international data security laws, does it? ...

which private sensitive data are you talking about? personal or transaction data
as long as you never provide (or let it access) your personal data, there isn't anything to worry about
however, transaction data included in blockchain cannot be made private
the idea of blockchain is a public ledger that can be verified by everyone in the network

ShadowBits

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Quote from: gezhid008 on October 14, 2018, 02:20:04 AM

If you really want to understand blockchain technology and invest in new projects, you definitely need to read the data security laws. I've seen so many Dapps that offer opportunities to free people, free data or create open markets. Cool, but the white paper doesn't say how to store these extremely private, sensitive data controlled by a highly developed set of international data security laws, does it? Data privacy on the blockchain is integrated with the underlying chain, or built in the top layer, which will create a huge market that is critical to expanding consumer-grade applications.

Of course it is not, it is used by so many people all over the world and how can you can call that private if multiple people use it and not only a single person or institution?

Endurable

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It seems DApps do have some security concerns. If this security vulnerability results in some concerns, that may not be good for the users.

btc_angela

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Quote from: gezhid008 on October 14, 2018, 02:20:04 AM

If you really want to understand blockchain technology and invest in new projects, you definitely need to read the data security laws. I've seen so many Dapps that offer opportunities to free people, free data or create open markets. Cool, but the white paper doesn't say how to store these extremely private, sensitive data controlled by a highly developed set of international data security laws, does it? Data privacy on the blockchain is integrated with the underlying chain, or built in the top layer, which will create a huge market that is critical to expanding consumer-grade applications.

Did you understand what is the meaning of Dapps? Its Decentralize applications so its mean the data is not private or even close to being private. So no need to go to the white paper and read it, such total waste of time. If you wanted privacy then go to privacy coins like Monero or Zcash.

Nippy707

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DApps are getting increasingly popular because of innovative ideas. But I do doubt some of these apps' security feature. As users of these DApps have to provide their info, this could result in exploiting the security vulnerability.

chris.ladd

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of course there is tracker in blockchain to track down the scammers or anyone suspicious. This news isn't new but there are some new updates coming which will protect the privacy of the investor carefully and uncompromisingly.

Shallow55

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Blockhain technology's one of the great feature is security. But Dapps needs personal information. Hope this informations don't get lost due to security failure.

feather7789

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No it is private, blockchain is very secure, we can keep our documents. it has good features nobody can hack it.

Globalbitcoinl

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the blockchain allows transactions because every one of the node cannot affect that was your transaction

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Quote from: gezhid008 on October 14, 2018, 02:20:04 AM

If you really want to understand blockchain technology and invest in new projects, you definitely need to read the data security laws. I've seen so many Dapps that offer opportunities to free people, free data or create open markets. Cool, but the white paper doesn't say how to store these extremely private, sensitive data controlled by a highly developed set of international data security laws, does it? Data privacy on the blockchain is integrated with the underlying chain, or built in the top layer, which will create a huge market that is critical to expanding consumer-grade applications.

Well as for the topic: blockchain is not private, you are somewhat not right and I don't get it how it connects to what you are saying in this post.
Blockchain exists in 3 states:
Private
Public and
Consortium
All of these have different levels of privacy, security, and decentralization.
Privacy really matters and consumer grade applications surely need higher privacy which blockchain does provide. If blockchain would lack privacy, it would not have been acceptable. For greater anonymity and security there are many other DAPPs.

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Quote from: gezhid008 on October 14, 2018, 02:20:04 AM

If you really want to understand blockchain technology and invest in new projects, you definitely need to read the data security laws. I've seen so many Dapps that offer opportunities to free people, free data or create open markets. Cool, but the white paper doesn't say how to store these extremely private, sensitive data controlled by a highly developed set of international data security laws, does it? Data privacy on the blockchain is integrated with the underlying chain, or built in the top layer, which will create a huge market that is critical to expanding consumer-grade applications.

It's true that blockchain is not private... it is not only for you . Well it is maid to store data that is need to be encrypted though it's open for anyone it gives them a hard time solving those algorithms and other analytical problems just to open blockchains system.

guybrushthreepwood

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Bitcoin is built on a giant public ledger that is open to anyone to view, so of course it's not really private.

Quote from: Bugatti73 on October 17, 2018, 10:52:39 PM

Quote from: Finn Bery on October 17, 2018, 05:25:50 AM

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 .

That depends on your own security. If you sign up on a forum with links to your real name or real-world identity and you post a bitcoin address then it can be traced back to you. Whereas if you're careful and take steps to remain anonymous then it's unlikely someone will find out who you are like nobody has a clue who satoshi is currently.

Thinkable999

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Blockchains have better fortified systems than any other, that are currently available. People generally opt for the better technology.

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Quote from: gezhid008 on October 14, 2018, 02:20:04 AM

If you really want to understand blockchain technology and invest in new projects, you definitely need to read the data security laws. I've seen so many Dapps that offer opportunities to free people, free data or create open markets. Cool, but the white paper doesn't say how to store these extremely private, sensitive data controlled by a highly developed set of international data security laws, does it? Data privacy on the blockchain is integrated with the underlying chain, or built in the top layer, which will create a huge market that is critical to expanding consumer-grade applications.

One of the most well-known bitcoin reasons for me is that by the blockchain, if now there is a thing I would be afraid that people will no longer go this way by themselves or be discredited. Where will the bitcoin go?

Bugatti73

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Quote from: Finn Bery on October 17, 2018, 05:25:50 AM

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 .

Finn Bery

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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

Bugatti73

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A blockchain can be private if you know how to use it. It is necessary to choose the right browsers as well as anonymous coins like ZCash or Monero.

figmentofmyass

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Quote from: gezhid008 on October 14, 2018, 02:20:04 AM

If you really want to understand blockchain technology and invest in new projects, you definitely need to read the data security laws. I've seen so many Dapps that offer opportunities to free people, free data or create open markets. Cool, but the white paper doesn't say how to store these extremely private, sensitive data controlled by a highly developed set of international data security laws, does it?

i'm not sure what projects you're talking about specifically. but if they are truly "dapps" in the sense that they're decentralized, what bearing do data security laws really have?

what are governments or intergovernmental agencies gonna do if the law isn't followed---bring an app to court? Cheesy

kzozenberg

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The blockchain means anonymity and public information to users. I think if you make it more anonymous it will be good ! But it is difficult to track transactions if the person sent to the wallet because they are all different and it is unknown who owns them.

ixtreme1gaming

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I imagine a world with out banks and government, wit blockchain we could vote securely and manage our self. i just wake up this morning, i must be still dreaming!

Topic: Blockchain is not private - page 3. (Read 945 times)