Topic: Privacy Privacy Privacy! - page 3. (Read 2196 times)
I think it is no longer a secret that data is a new currency and a large amount of data. To get the data, you have to return something and if it's in the form of a utility service that does not charge, then the user will happily share their data. Everyone is concerned about privacy but still are not considered valid and therefore agree to pay in the form of data instead of pay.
Edge wallet is one of the most secure crypto wallets right now. Make sure you turn on its 2 factor authentication (2fa) function. It’s the best.
Let’s discuss the most extreme situation. If you were being robbed physically and you couldn’t beat your attacker, just find a couple of seconds to delete the wallet app from your phone. Once deleted, nobody could sign into the wallet. Even if the attacker had your phone and your password, without the original app where the 2fa was set up, there would be no way to get passed the 2fa.
Let’s discuss the most extreme situation. If you were being robbed physically and you couldn’t beat your attacker, just find a couple of seconds to delete the wallet app from your phone. Once deleted, nobody could sign into the wallet. Even if the attacker had your phone and your password, without the original app where the 2fa was set up, there would be no way to get passed the 2fa.
Privacy is not stressed enough in crypto world! Every information is made public. No real working app can be built until the privacy problem is solved!
this can still be fixed if everyone maintains their privacy well,and honestly this is open because this is public
On the Internet network there will always be people who know the wallet security system or whatever it is about you have. We always stand in a place where others will know what is done. For instance, of Facebook platform, every secret someone who is stored on the Facebook platform then who has the Facebook platform will know the secrets you have, as well as in cryptocurrency.
For me i consider bitcoin as more private than fiat in any ways. So i will definitely disagree with what you rant. We maybe oblidge to provide some minor details in every transactions but not to reveal our identity completely and too far different from having transactions with fiat.
If you are referring to the market cap of a crypto currency somehow privacy is needed to secure some informations that can be a hint to some hackers. The publicity is also required to be a transparent in all transaction that is need to make it smoothly.
I do not really think about the anonymity of bitcoin, I do not trade in the dark market, I do not cheat and even transact illegally, for me bitcoin is my investment field and bitcoin is an easy and practical payment tool, I do not really care about anonymity
bitcoin is perfectly secure and authentic for all user. nobody can not easily enter crypto world and I have not hear anything about hacking in crypto, it have secure privacy; anyone trust it easily.
Every information is made public.
not "every" information is made public. only what is required. the blockchain only contains your transactions not your identity, YOU are revealing your identity and linking it elsewhere not on the blockchain and not as far as bitcoin is concerned.
in short bitcoin may not be anonymous but it provides a very good level of privacy that is more than enough for all the regular users who are not trying to hide the law but only trying to maintain their privacy.
Yeah i agree to your explanation mate bitcoin transaction are very anonymous and only the address of the hollders can identified of the blockchain, that's the reason people agaist the kyc, kyc is asking identification of the users.
In crypto world nothing is perfectly safe and secured. but every precaution and policy have been taken to make this sector safe and easy.
But now they are requiring some authenticator for their account like google apps authentication ,its really help for avoiding hacking by someone.
Everything has its privacy issue. Not everything in crypto world is 100% secured. But I think btc is the safest of all crypto currency.
That privacy is always there in any case, we can see it in the Bank, we can not know the balance of others unless others have a lawsuit, such as drug casualty, killing or theft.
Bitcoin is not 100% privacy because there is a Blockchain recording you can see on the go where Bitcoin has gone.
Bitcoin is not 100% privacy because there is a Blockchain recording you can see on the go where Bitcoin has gone.
Privacy is not stressed enough in crypto world! Every information is made public. No real working app can be built until the privacy problem is solved!
i do not know what did you mean by privacy. of course privacy is stressed in crypto world. for example, your pin or password, ect stop creating imaginary problems that only concern you. there is no privacy problem. specially not in bitcoin. it provides an excellent privacy level and is more than enough for majority of its users.
only those who want to do illegal things and know they are going to be caught are worried about this level of privacy.
only those who want to do illegal things and know they are going to be caught are worried about this level of privacy.
Haha this is a great example of the real ad personam. You did it in the way all politicians love to use it. If you want more privacy it means that you have something to hide!
Do you realize how idiotic this argument is? The fact that I want people to have easy access to weapons doesn't mean that I'm planning to kill someone, and that guy asking for more privacy doesn't want it so that he can launder money, he may want to feel safer, he may be living in a country where BTC is banned or where it can be banned one day...
I believe that the weakest point of the system are exchanges and without them the level of privacy is fine.
so please what actually do you want to put across. Is it about security in our wallet or what please?
Privacy is not stressed enough in crypto world! Every information is made public. No real working app can be built until the privacy problem is solved!
The level of confidentiality of bitcoin is not complete, however it is enough to hide the name of its holders from prying eyes. As far as I know, now they are going to raise the confidentiality of bitcoin and information on the number of coins in the bitcoin purse will be further hidden. This, in principle, is good, since wallets with large bags in bitcoin will not be subjected to hacker attacks so often.
crypto is still related to fiat and fiat related to government. people doing illegal activities are mostly afraid of their identity finding out. with exchange sites requiring KYC they can prevent illegal activities.
Privacy is not stressed enough in crypto world! Every information is made public. No real working app can be built until the privacy problem is solved!
If you declassify or publish your personal data, you must file a lawsuit to protect yourself.For such violations, the GDPR provides for considerable penalties.
It seems that anonymity really creates certain difficulties. But still Bitcoin is more anonymous than Fiat money.
Jump to: