Topic: Is anonymity the future for bitcoin??? - page 3. (Read 1119 times)
I think that for complete anonymity there are such coins as Monero, for example, and they are completely anonymous. such technology for bitcoin is absolutely unnecessary
I don't think anonymity will be the future of bitcoin because of the regulation made by government
As we can see each and every transaction for bitcoin is publicly registered to the blockchain where in all of us have access, so I am just thinking if anonymity or providing privacy will be the next move for bitcoin. Just my thoughts, you can add yours here and let's discuss it.
Well that's a very old idea and there have been the birth of many privacy based coins based on this idea and providing complete anonymity to the user but still the bitcoin is pseudo anonymous, so unless you don't tag your name with your wallet there isn't any person that can link those bitcoins that you hold on that wallet to your true identity. So only for darknet transactions the anonymity feature is useful and for rest of us its of very little use but it will be a pretty good add on. As we can see each and every transaction for bitcoin is publicly registered to the blockchain where in all of us have access, so I am just thinking if anonymity or providing privacy will be the next move for bitcoin. Just my thoughts, you can add yours here and let's discuss it.
Just because it can access by someone meaning will have no future?zdont you think what your pointing here is senseless and baseless?I cant fint connection on your thread about the future of bitcoin relying on the anonymity,and as far as i know bitcoin is privately,or the people behind is anonymous and thats the most important thing
As we can see each and every transaction for bitcoin is publicly registered to the blockchain where in all of us have access, so I am just thinking if anonymity or providing privacy will be the next move for bitcoin. Just my thoughts, you can add yours here and let's discuss it.
I don't see the future of Bitcoin in absolute anonymity. Certainly Bitcoin would not be so widely accepted if it were 100% anonymous. We all want Bitcoin to become mainstream at some point, but this will certainly not happen if Bitcoin is completely anonymous and continues to be used for illegal purposes. Yes, we can never completely prevent that with the illegal things, but complete anonymity would speak for the illegal use and thus hinder the way into seriousness. So I wouldn't like it if Bitcoin took this road. Besides, there are already other coins that fill this niche.
it is not so simple. I am sure that it will not absolutely anonymity in the future. And it is not so bad. In that case governments and banks will stop fighting with Bitcoin and start to use it as officially currency all over the world. Bitcoin has huge army of supporters. I believe that Bitcoin is currency of the future.
Anonymity is one of the advantages and disadvantages of Bitcoin. You can see that anonymity has made Bitcoin and Cryptocurrency one of the most dangerous for the government because of its anonymity. Is this an excellent opportunity or a bad thing?
We can not see the the bitcoin destination yet but we know that bitcoin will go far and the future of crypto is good we have to see that crypto is the coming era currency and then every thing will be virtual all the currencies circulations will be on finger tips and then the speed of activities will be also high so bitcoin is known to every one and with time it influences many good investors and other businesses developers whose now making businesses in crypto and they are happy.
I believe people had begin to embrass this new era of transaction anonymously thus blockchain technology has proved the efficacy of using bitcoin for transactions however this is subject to the ease at which a transaction is performed especially with the introduction of lightning network LN if successful then the bitcoin future is guaranteed.
There is a great article about this very problem (of anonimity) in cryptocurrencies, it is not about bitcoin but about ethereum, but they are related anyway.
They are saying that whenever you check your balance on a block explorer, your crypto-address can be correlated with your IP (=your location) and then that data gets available for Google Anaytics, YouTube, Vimeo and 11 others. And it is just a peak of the iceberg.
Please you can read the whole piece here: https://www.coindesk.com/the-little-known-ways-ethereum-reveals-user-location-data/
They are saying that whenever you check your balance on a block explorer, your crypto-address can be correlated with your IP (=your location) and then that data gets available for Google Anaytics, YouTube, Vimeo and 11 others. And it is just a peak of the iceberg.
Please you can read the whole piece here: https://www.coindesk.com/the-little-known-ways-ethereum-reveals-user-location-data/
I will say the anonymity of bitcoin is partial. The persons identity may not be know if the coin just remain in wallet be it web wallet or hardware wallet but any time the person trades in some exchange through KYC identity will be known.
As we can see each and every transaction for bitcoin is publicly registered to the blockchain where in all of us have access, so I am just thinking if anonymity or providing privacy will be the next move for bitcoin. Just my thoughts, you can add yours here and let's discuss it.
For me, I think they want bitcoin to be known by the people all over the world. And even they don't, people will still know and be aware about bitcoin. Maybe in the future, you are right, that they will secure bitcoin. As we can see each and every transaction for bitcoin is publicly registered to the blockchain where in all of us have access, so I am just thinking if anonymity or providing privacy will be the next move for bitcoin. Just my thoughts, you can add yours here and let's discuss it.
Anonymity and privacy are already featured parts of Bitcoin. The Blockchain digital ledger does not keep record of the personal data of senders and receivers of Bitcoin but rather the time of transaction, amount involved and the number of Blocks before the verification of the transaction. The main reason why many BTC users choose BTC is because BTC can remain anonymous!
The anonymity of cryptocurrencies can protect our privacy from infringement and effectively protect our property!
Anonymous btcoin is like a double-edged sword, on the one hand it can hide one's wealth so that its privacy is maintained, on the other hand it can be the entrance for criminals to carry out their operations. Therefore many countries reject bitcoin. For the future, Bitcoin must make changes that can be agreed upon by all parties. The anonymity of cryptocurrencies can protect our privacy from infringement and effectively protect our property!
I think anomality is a big and important part of Bitcoin and cryptocurrencies as an entity, but I don't think it's what will take Bitcoin to greater heights.
The uses cases for the blockchain and crypto is what will take care of bitcoins place in the world. Lucky as that we're part of it from the beginning
The uses cases for the blockchain and crypto is what will take care of bitcoins place in the world. Lucky as that we're part of it from the beginning
every transaction for bitcoin is listed publicly on the blockchain, so I only
can think if anonymity or providing privacy will be the next step for bitcoin.
can think if anonymity or providing privacy will be the next step for bitcoin.
I think that it is possible future for BTC but there are many other variants. It is difficult to predict the future of such a great coin like BTC but to my mind, it will remain the leader for long
Hello,
I don’t think anonymity is the good future for BTC, for less volatility but furthermore more trust and then more investment it is a good point that all transactions are traced even if you don’t know the name behind.
Commun people don’t want to Invest in sulfuris thing. Also many other coins offer anonymity so don’t need to have another one.
I don’t think anonymity is the good future for BTC, for less volatility but furthermore more trust and then more investment it is a good point that all transactions are traced even if you don’t know the name behind.
Commun people don’t want to Invest in sulfuris thing. Also many other coins offer anonymity so don’t need to have another one.
Bitcoins is already anonymous and don't need any privacy in the coming future. The transactions on the blockchain is just for verification purpose and it can be said of bleaching any privacy.
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