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Topic: How anonymous and secure is the blockchain technology? (Read 323 times)

newbie
Activity: 10
Merit: 0
I don't know about bitcoin blockchain but I read that monero blockchain very anonymous and you won't know who sent money and who received them
newbie
Activity: 13
Merit: 0
Yes the blockchain technology is almost anonymous. The main fact is owners can't be tracked with it. Which gives the complete security to the owners. So it has the partial anonymity
jr. member
Activity: 448
Merit: 1
I think blockchain technology is very secure and almost anonymous. Blockchain technology is best known for both it,s secure and blockchain for anonymous make sure that we do not lose our privacy is the blockchain technology. However, the bitcoin blockchain is public and distributed to nodes and miners all over the world. Bitcoin is not anonymous and creates a permanent record of transactions that occur.
newbie
Activity: 56
Merit: 0
I would say that blockchain is pseudo-anonymous which means that, a person will be tied to a public Bitcoin address, but it is impossible to find out actual name or address. So, in blockchain anyone can check the transactions but, one can only get to know if there is a person linked to the Bitcoin address but cannot get to know what each address stands for.
newbie
Activity: 266
Merit: 0
Blockchain is the greatest platform to avoid third party that’s mean be anonymous. And that has both side positive and negative. There no third party to follow you`
newbie
Activity: 350
Merit: 0
Blockchain technology is a very secure and open source technology with unbreakable program codes that makes nearly impossible to hack it. Blockchain technology is evolving and I think It will be developed with more strong utilities before the hackers make their way to its core baseline.
jr. member
Activity: 99
Merit: 1
It depends on the algorithm and consensus mechanism you use to make it psuedo anonymous or completely anonymous.If consensus mechanism is perfect then it will be tamper proof.
member
Activity: 434
Merit: 10
Fast, Smart, Trustworthy
I have always believed that the data stored on the Internet is not secure, because hackers, system vulnerabilities, etc. will affect the data!
newbie
Activity: 232
Merit: 0
bitcoin used the blockchain technology and i think this is secure. and bitcoin is anonymous because when we sent and receive bitcoin it is possible to hide the information. and in the hackers issue i want to say we can't stop them. we must be aware about scam.
newbie
Activity: 31
Merit: 0
There is not chance for hackers to get through blockchain's security as of now. In future it might be possible if sufficient technology is invented but otherwise I don't see the possibility. Because, blockchain transactions are done through an address which is basically a serial number. Other parties can only track and see the numbers but don't get to what they stand for. So, it remains anonymous.
newbie
Activity: 24
Merit: 0
Blockchain technology is a technology that allows everyone to see each other's information, but they do not have access to or possess them. As more and more people use this technology, the security of blockchain becomes more and more difficult to crack.
hero member
Activity: 1834
Merit: 759
If you want to improve the privacy do it on your end. You don't have to change Bitcoin.

I kind of agree. Fully anonymous coins are already drawing the ire of governments worldwide and I'd rather not have Bitcoin join their ranks. Mixers exist anyway, and they're easy to use for the most part. In a sense, Bitcoin is only as anonymous as you want it to be, which lets it cater to every need in effect.

On the other hand, P2P isn't as convenient as exchange trading, and an argument can be made that Bitcoin should be improved where it can. I don't necessarily lean that way, but I can see why some people may want fully anonymous transactions off the bat.

Lightning does make it harder to trace transactions though as far as I know, so this may all be moot at the end of the day.
newbie
Activity: 59
Merit: 0
blockchain isn't completely secured as we can see fraul and scam happens on a regular basis.
newbie
Activity: 215
Merit: 0
Made with crypto blockchain technology. Which will ensure transparency and security. Hackers have always been getting excited. The crypto market is safe and reliable, which can be understood by reviewing the past periods. Still have to be careful.
hero member
Activity: 2184
Merit: 531
The crypto world is run via blockchain technology, but how can we be sure of its anonymity? How anonymous it is really? With hackers all around, do you think that maybe it is not so anonymous and secured after all?
Its anonymous until you want to buy/sell bitcoin.
This required to match bitcoin address with your personal details. So any transaction after that is not anonymous at all.

Bitcoin should be improved upon privacy. It will happen in future.

You can use a P2p exchange where you don't have to give up any details and trade for cash. Bitcoin is anonymous if you want it to be. It's also very secure, so if you don't lose your keys or allow someone to infect your computer nobody will steal it from you and it's safe from government snooping.
If you want to improve the privacy do it on your end. You don't have to change Bitcoin.
newbie
Activity: 222
Merit: 0
Blessing for Blockchain Technology in Crypto I think it has made crypto secure and promising. But deceivers always try to make scamming. You have to be careful. in my opinion, crypto is now a popular trading platform and profitable.
newbie
Activity: 168
Merit: 0
Bitcoin is pseudo-anonymous, you don't need to interface your distinguishing proof to it. The confusion becomes possibly the most important factor when you think about systems, IP addresses and so forth, different markers of your character that actually connect you to a wallet, in any case, are not connected to your immediate personality at confronting esteem.
legendary
Activity: 2296
Merit: 1014
The crypto world is run via blockchain technology, but how can we be sure of its anonymity? How anonymous it is really? With hackers all around, do you think that maybe it is not so anonymous and secured after all?
Its anonymous until you want to buy/sell bitcoin.
This required to match bitcoin address with your personal details. So any transaction after that is not anonymous at all.

Bitcoin should be improved upon privacy. It will happen in future.
newbie
Activity: 252
Merit: 0
Blockchain give the advantage of being decentralized. And decentralized give the opportunity to being anonymous. And the blockchain technology contain some technology which are help to avoid third party and being sequre.
newbie
Activity: 219
Merit: 0
The blockchain technology might be the only best thing that has happened in this market which gives a viable sense of security. This keep a ledger of all the accounts and allows us to view it. We should not question its integrity. In fact it will be better if you do some research so that you will have assurance that how secure this is.
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