Topic: Is anonymity the future for bitcoin??? - page 6. (Read 1119 times)
I think in the future it will further increase anonymity and privacy. everything we manage looks at blockchain. and what I manage like shopping and others they don't know who we are. although either the government that has adopted will agree or not.
yes, anonymity is the main basis of blockchain technology, and decentralized that creates anonymity, is hard to hack, difficult to calculate, because it has many different hashes, millions of blocks. but the transaction is transparent. can be known and can be previewed.
For me YES. Because there is no single people owned Bitcoin. Bitcoin is fully decentralized, that is the very special feature of Bitcoin, which I really really admire it. Anonymous transactions, not like using Bank which is really really risky to store our money in the banks.
It seems that it is no longer anonymous, bitcoin is gone or discarded can be tracked, so this is not for the future anymore.
Everyone who throws crypto can be tracked so that this doesn't seem to be arbitrary, even though most of them want their investments to be exchanged to have more functions.
Everyone who throws crypto can be tracked so that this doesn't seem to be arbitrary, even though most of them want their investments to be exchanged to have more functions.
how anonymous bitcoin is has not changed compared to day 1. it is still the same as it has always been. pseduanonymous! in other words bitcoin is not completely anonymous but if anything it is more anonymous now that it was before since now there are more people using it and there are lots of transactions happening compared to before being 1 transaction and small number of users
It seems that it is no longer anonymous, bitcoin is gone or discarded can be tracked, so this is not for the future anymore.
Everyone who throws crypto can be tracked so that this doesn't seem to be arbitrary, even though most of them want their investments to be exchanged to have more functions.
Everyone who throws crypto can be tracked so that this doesn't seem to be arbitrary, even though most of them want their investments to be exchanged to have more functions.
maybe this is one reason, why bitcoin cannot be received in all countries of the world. bitcoin anonymity is a positive and also negative characteristic. This aims to protect personal data on someone. but in illegal transactions, this is not very good. because the police cannot track it. if the next step is to open anonymity, I think all countries will start making studies on 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.
Very good thinking and I agree if we discuss to get a good step.The next possible step for Bitcoin is Schnorr's signature which may indeed add more privacy so that everything is focused on bitcoin. Unfortunately I don't really know more details and I haven't found it yet, it's easy to read and understand and still with all the information because I'm still just starting to step up.
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.
Im afraid anonymity is not the future of bitcoin because any peoples can trace where bitcoin goes.
Different with other cryptocurrency such as Monero, you cannot freely trace where the coins go.
But currently, there are some bitcoin mixers which able to mix the address of bitcoin receiver or sender if im not wrong.
I think in the future anonymous cryptocurrencies will be very popular. Perhaps Bitcoin will also improve in this direction. Centralized exchanges will require a pass KYC and from this anonymous crypto-currency users will be less anonymous.
In my own opinion Bitcoin will not touch the anonymity part of it. This is true because decentralization is the fundamental aspect of bitcoin and soul of the concept. Governments and her regulations agents are pressing for bitcoin to centralized which is the major reason for these attack since bitcoin refuse to bulge. If you remove anonymity on bitcoin then there will be nothing like bitcoin again. Bitcoin is attractive because of its anonymity and decentralization. Once it is centralized now it will be difficult to reach the poor again. It will just become the elites business.
I love the transparency of Blockchain. Some companies are taking advantage of this very important feature unfortunately . I wish it was possible to have transparent Blockchain with very anonymized transactions... It should be the kind of anonymity that is difficult or impossible to deanonymize.
I don't really like the idea of total anonymity. The Community and the World should be able to monitor all Blockchains and their activities without necessarily knowing the true identity of the users. However things don't work this way in real World where total privacy of asset/currency is possible.
I don't really like the idea of total anonymity. The Community and the World should be able to monitor all Blockchains and their activities without necessarily knowing the true identity of the users. However things don't work this way in real World where total privacy of asset/currency is possible.
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 think the anonymity is the future for bitcoin because we are now in the anonymous mode when we make a transaction and no one will know who is the person behind the wallet. The other people don't know what the reason of that transaction in the blockchain is and although we use bitcoin mixer that available in out there, still, we cannot understand the purposes of that transaction. I think the future for bitcoin is how to reduce the time of confirming and also reduce the fee that might bigger.
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 am already happy with the way bitcoin was built.
let it be how it was designed to be.
after all there are already a lot of altcoin out there that offers it's users the anonymity they wanted.
people used bitcoin the way it was therefore let's better leave it like that
I don't think is anonymity will be only the future for bitcoin anonymity is different from transparency.anonymity is the crypto system and it is very useful to keep up the doubtlessly.bitcoin is used for illegal activities.
Come to think of it, what we have in the public ledgers of bitcoin are merely addresses of the sender and recipient and the amount involved in the transaction. Besides that, you got nothing else. The process is pseudonymous already. It might not be so anonymous as you hope for it to be, but i think that is a good system already.
I believe the transparency of the addresses and amount is the variable that survived the honesty of the blockchain. Take that away and conceal each transactions then we're back to square one regarding being trust-less.
I believe the transparency of the addresses and amount is the variable that survived the honesty of the blockchain. Take that away and conceal each transactions then we're back to square one regarding being trust-less.
Bitcoin has a lot of communities and remains anonymous, things are better anonymously for security, I think it will still have a future and surely mining competition will remain and continue to be done seeing potential bitcoin than others.
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.
There are many other privacy coins that can be used if user wants anonymity, and anyway, unless user does not link his Bitcoin address through kyc or something it's hard to prove that this address is of this user.
Anonymity is very important in bitcoin, most people used bitcoin because of it's anonymity,but there are more important things to develop than the anonymity,because for me the anonymity in Bitcoin is already good, Bitcoin now need to focus the transaction speed and fee, so when the larger scale of adoption happen,it can be handle
A study by German and Swiss scholars shows that about 40% of Bitcoin users' real identities can be discovered, and some of them also use officially recommended privacy protections. According to a forthcoming paper by researchers at the University of California, San Diego, the bitcoin trading network is increasingly dependent on a few large accounts, which greatly reduces the security of users' identity. In the future, it will be easy to track the true identity of traders through block trades, which may eventually make Bitcoin, which is now heavily used for illegal activities such as money laundering, no longer favored.
At present, a big controversy about Bitcoin is used for illegal activities. If the privacy issue is resolved, although the security of the user's identity will be guaranteed, Bitcoin will be re-emphasized by criminals.
At present, a big controversy about Bitcoin is used for illegal activities. If the privacy issue is resolved, although the security of the user's identity will be guaranteed, Bitcoin will be re-emphasized by criminals.
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 think the future of bitcoin is become global currency. Right now many coin in market have anonymity feature but the value of bitcoin is not only on anonymity. I think the value of bitcoin is on the network security and decentralized system. The future of bitcoin will be digital gold and as store of value.
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