Privacy Privacy Privacy! - page 6. | Bitcointalksearch.org

Boldcom

newbie

Activity: 149

Merit: 0

Quote from: Coin_Maven on June 01, 2018, 10:17:41 PM

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!

Virtual currencies also faces some serious security concerns and risks, such as the safety of wallets, double-spending, growing vulnerability to orchestrated attacks on Bitcoin exchanges, and fears of rogue miners engaging in selfish mining. These concerns that can be destructive towards Bitcoin are also real towards any other cryptocurrency, though not particularly in the same manner.

lyla rose

newbie

Activity: 420

Merit: 0

There's much privacy in crypto and it is transparent so that the investors doesn't have any confusionj for it. So, don't worry about the privacy, It'll improve more in the future.

juiceannabel

newbie

Activity: 224

Merit: 0

Quote from: Coin_Maven on June 01, 2018, 10:17:41 PM

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!

what kind of information do you mean ? cryptocurrency is keeping your identity anonymous, although not all. Privacy coin like Monero cannot be traced.
If you transact using Monero, the other peoples cannot view your address or other information. It makes you anonymous.

Brenok

newbie

Activity: 36

Merit: 0

Quote from: Coin_Maven on June 01, 2018, 10:17:41 PM

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 problem of confidentiality can not be solved completely, since someone will always interfere with this

mk4

legendary

Activity: 2870

Merit: 3873

📟 t3rminal.xyz

Can you be more specific with your rant? True. Bitcoin isn't 100% anonymous. Transactions and wallets can be tracked. But there's no personal information attached to your wallet address (unless you use web wallets and such). But guess what? Fiat isn't 100% private either. In fact, it's far from being called private.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: Herbert2020 on June 01, 2018, 11:57:29 PM

Quote from: Coin_Maven on June 01, 2018, 10:17:41 PM

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.

Right. Bitcoin transaction has only address associated with it, names are completely hidden in the public ledger. Although there are tools like blockchain analysis to follow your trail. But as what you have said, if you don't hide something and not doing or going to crypto because you wanted to circumvent and used it for illicit purpose, then bitcoin privacy will be suffice enough for a casual bitcoin enthusiast, like that rest of us here.

Azkabal

sr. member

Activity: 389

Merit: 251

Quote from: Coin_Maven on June 01, 2018, 10:17:41 PM

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!

Of coarse the privacy is not 100% given. But still it is mostly much more private + secure as by fiat currency

Rossy Akbar

full member

Activity: 532

Merit: 100

Well, I didn't get what do you mean actually, if you see a lot of information in the social media or any other platform about bitcoin it doesn't mean it doesn't have a privacy. I think you will know what privacy when you you have someone grabbing your coin in your wallet as it happened to me.

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: Coin_Maven on June 01, 2018, 10:17:41 PM

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.

Baofeng

legendary

Activity: 2576

Merit: 1655

Quote from: Coin_Maven on June 01, 2018, 10:17:41 PM

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 really don't understand what you are trying to drive at. If you are talking about bitcoin is not anonymous, per se, its more of a pseudo-anonymity. There's a lot of privacy coins out there like Monero, Verge or Zcash.

And as far as bitcoin, privacy only because a problem is you used to scam people or bought something in the darkmarket. They can trace you back because of blockchains. Other's used tumbling services, but I think if you don't exploit bitcoin's sort of anonymity issues then I don't see it as a big hindrance to anyone in my opinion.

Coin_Maven

newbie

Activity: 126

Merit: 0

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!

Topic: Privacy Privacy Privacy! - page 6. (Read 2196 times)