Topic: Is bitcoin anonymous? - page 8. (Read 2519 times)
The Bitcoin isn't anonymous, this cryptocurrency maintains a current, completely transparent ledger (log of transactions). While it is true that the coin owners are not identified by any immediately identifiable ID, payments using Bitcoins are not anonymous by design, and leak information.
Bitcoin is not 100 percent anonymous. Transactions made on the Bitcoin blockchain are easily accessible and all transactions has some kind of identity code attached to it. In as much that names of people making the transactions can't be seen, IP address of what people are using to make their transactions are attached to the blockchain. Once these IP address can be obtained, the identity and location of the person making the transaction can be easily identified. Bitcoin blockchain works like the torrent network.
Even though Bitcoin is rather pseudo-anonymous than completely anonymous, it is still possible for a user to maintain a decent level of anonymity if that user is aware of good privacy practices and can use available tools the right way. Transactions in Bitcoin do not contain any identity code, what they do contain is basically the information about inputs and output. Inputs and outputs are not connected to any identities, they are just pieces of code that contain information about the amount of bitcoin and the spending conditions. The information about IP addresses is stored neither in transactions nor in the blockchain itself. However, there are many other ways you can accidentally reveal your IP address. For example, when you check your transaction using clearnet block explorer, your transaction ID could be associated with your IP address.
I never thought about this. Will this anonymity affect the safety of the money there?
Because the bitcoin blockchain is a permanent public record of all transactions accessible by anyone at any time, it is not anonymous. Instead, the transactions in the blockchain are encrypted with public key cryptography that masks the real identities of the individuals behind the transactions.
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Is bitcoin anonymous?
Bitcoin is not 100 percent anonymous. Transactions made on the Bitcoin blockchain are easily accessible and all transactions has some kind of identity code attached to it. In as much that names of people making the transactions can't be seen, IP address of what people are using to make their transactions are attached to the blockchain. Once these IP address can be obtained, the identity and location of the person making the transaction can be easily identified. Bitcoin blockchain works like the torrent network.
I don’t understand why the site https://www.blockchain.com/ requires verification. It seems to me that anonymity no longer exists. All require KYC, a feeling that with time and sotsialny.seti will require verification.
Does blockchain.com requires KYC? I think you misunderstood what the OP meant to ask, he is referring to the transaction (sending and receiving bitcoin) not buying and selling bitcoin. Anyways, if they require KYC, it's just that the site is more likely centralized and had to know their customer, so 1 person has only 1 account AFAIK.
Well explained .Btc is not an anonymous coin cause we can easily track the transaction by blockchain .I think we can track address to address and on this way it could not be a anonymous coin .However we can actually not track the real person who are using the wallet but can track all the transaction .
Exactly my point, bitcoin can be tracked on the blockchain but the identity of the owner will be difficult to trace, that is why some people call it pseudonymous. About transactions there are ways addresses will not be linked to other same wallet addresses depending on how you spend your transaction output which can be linked to many of your addresses. bitcoin is currently anonymous. even someone who lost bitcoin will not be able to find it again because it is difficult to trace the wallet and trace who that person is. maybe you mean the determination of identity for bitcoin owners to track?
but in my opinion it will not be easy to implement even though it is good for the security of bitcoin owners
Try to read people's comment before posting, check what I also post above and the quote, bitcoin is not anonymou but pseudonymous. People that lost bitcoin and not able to gain access to it is because brute forcing private key or seed phraseis is not possible, because these people lost their wallets files backup, lost access to private key or seed phrase can lead to such, this has no relation to bitcoin pseudonymity. but in my opinion it will not be easy to implement even though it is good for the security of bitcoin owners
Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account.
We should be more concerned about to what level or extent is bitcoin anonymous ?
bitcoin is currently anonymous. even someone who lost bitcoin will not be able to find it again because it is difficult to trace the wallet and trace who that person is. maybe you mean the determination of identity for bitcoin owners to track?We should be more concerned about to what level or extent is bitcoin anonymous ?
but in my opinion it will not be easy to implement even though it is good for the security of bitcoin owners
It is anonymous as long as no personal details of yours appear in any of the transactions. This means that if you got coins for free from a friend or a member of family, or earned them in a signature campaign, they are anonymous. If you then go to a service that requires KYC and spend them there, they stop being anonymous, but if you exchange them with someone for something (barter) they will remain anonymous.
I can not agree to this, so far the coins can be tracked on blockchain, it is not anonymou. That is why bitcoin transactions are called pseudonymous because it is possible for the transactions to be known but not linked to the owner until it is linked with kyc, that is why bitcoin is called a privacy coin. There are some anonymou coins like monero, zcash and dash which transactions can not be seen on blockchain. 
I don’t understand why the site https://www.blockchain.com/ requires verification. It seems to me that anonymity no longer exists. All require KYC, a feeling that with time and sotsialny.seti will require verification.
Does blockchain.com requires KYC? I think you misunderstood what the OP meant to ask, he is referring to the transaction (sending and receiving bitcoin) not buying and selling bitcoin. Anyways, if they require KYC, it's just that the site is more likely centralized and had to know their customer, so 1 person has only 1 account AFAIK.
I don’t understand why the site https://www.blockchain.com/ requires verification. It seems to me that anonymity no longer exists. All require KYC, a feeling that with time and sotsialny.seti will require verification.
Bitcoin is pseudonymous because each of the Bitcoin transactions is recorded in the public. It opens up opportunities to find out who owns digital funds in specific wallets, but you can use mixers to protect your privacy and achieve the maximum level of anonymity.
based on my little knowledge,
anonymous = no information at all about the subject.
pseudonymous = the subject used alternative identity (re-identified).
CMIIW.
but is it mean we are pseudonymous to people we don't know?
for example, we are pseudonymous to strangers that we saw on the street?
https://english.stackexchange.com/questions/224254/whats-the-difference-between-anonymous-and-pseudonymous/
https://dma.org.uk/article/anonymous-and-pseudonymous-data-are-they-actually-important/
Bitcoin transactions are pseudonymous. End to end transactions seems to be transparent, without the end users being known. Through the usage of cryptocurrency mixers it is possible to stay anonymous. Yes, it is like staying on a street and making an interaction with the stranger. anonymous = no information at all about the subject.
pseudonymous = the subject used alternative identity (re-identified).
CMIIW.
but is it mean we are pseudonymous to people we don't know?
for example, we are pseudonymous to strangers that we saw on the street?
https://english.stackexchange.com/questions/224254/whats-the-difference-between-anonymous-and-pseudonymous/
https://dma.org.uk/article/anonymous-and-pseudonymous-data-are-they-actually-important/
based on my little knowledge,
anonymous = no information at all about the subject.
pseudonymous = the subject used alternative identity (re-identified).
CMIIW.
but is it mean we are pseudonymous to people we don't know?
for example, we are pseudonymous to strangers that we saw on the street?
https://english.stackexchange.com/questions/224254/whats-the-difference-between-anonymous-and-pseudonymous/
https://dma.org.uk/article/anonymous-and-pseudonymous-data-are-they-actually-important/
anonymous = no information at all about the subject.
pseudonymous = the subject used alternative identity (re-identified).
CMIIW.
but is it mean we are pseudonymous to people we don't know?
for example, we are pseudonymous to strangers that we saw on the street?
https://english.stackexchange.com/questions/224254/whats-the-difference-between-anonymous-and-pseudonymous/
https://dma.org.uk/article/anonymous-and-pseudonymous-data-are-they-actually-important/
Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account.
We should be more concerned about to what level or extent is bitcoin anonymous ?
It is anonymous in the sense that you can hold a Bitcoin address without revealing anything about your identity in that address. One person could hold multiple addresses, and in theory, there would be nothing to link those addresses together, or to indicate that the person owned them.We should be more concerned about to what level or extent is bitcoin anonymous ?
Everything that happens in the Bitcoin world is trackable. Thanks to the way that the algorithm is structured, every Bitcoin-based transaction is logged in the blockchain
Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account.
We should be more concerned about to what level or extent is bitcoin anonymous ?
We should be more concerned about to what level or extent is bitcoin anonymous ?
I actually would suggest you try use the search button before creating new threads. This particular question has been answered on this forum several times already.
To answer your question, bitcoin is anonymous. The only time bitcoin loses its anonymity is when you're trying to buy or sell bitcoin in exchange for fiat. At this point, you lose your anonymity because of a transaction that needs to be made.
In fact, there are exchanges that buy or sell bitcoin in your local fiat. This way, your anonymity remains intact.
Transactions made with bitcoin cannot be traced and remains fully anonymous.
All Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address.
Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account.
We should be more concerned about to what level or extent is bitcoin anonymous ?
I think each transaction being made in bitcoin is made anonymous most of the time since we are dealing with large amount of money on it. If ever it doesn't make you anonymous, you should find something that may help you block any hackers that wants to dive in with your information. No matter what level is the anonymosity of bitcoin, you are the one to deal with the protection and security of our account. We should always be careful with every transaction we make and avoid dealing with untrusted person.We should be more concerned about to what level or extent is bitcoin anonymous ?
There are still many people who consider Bitcoin to be 100% anonymous, therefore many people think that using Bitcoin is untraceable.
Even though in fact Bitcoin is only pseudo anonymous, so it can still be traced if doing Bitcoin transactions. Except using several methods
so that Bitcoin transactions cannot be traced and their privacy is more protected. Currently, many service mixers can be used to provide
privacy when making transactions.
Even though in fact Bitcoin is only pseudo anonymous, so it can still be traced if doing Bitcoin transactions. Except using several methods
so that Bitcoin transactions cannot be traced and their privacy is more protected. Currently, many service mixers can be used to provide
privacy when making transactions.
Yeah, Bitcoin transactions are traceable, but there are tools to make Bitcoin anonymous like Bitcoin mixers. So achieving reasonable anonymity with Bitcoin can be quite complicated.
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