Topic: What are the advantages of BTC's blockchain being transparent? - page 2. (Read 1305 times)
November 17, 2016, 11:50:40 PM
It's not possible, imo, to do ANY sort of physical or digital transaction with 100% privacy and security. You are always going to leave a trace somewhere.
November 17, 2016, 07:06:35 PM
What are the advantages of BTC's blockchain being public? Would it not be more secure if it was hidden from people?
Because there are methods that could assemble the information in the blockchain with the information from certain other methods and could point with high precision what blockchain activity belongs to who. Secret services are researching methods like these.
The advantages of being public of blockchain is to get an information by someone, they can see how it could be but the public has no safe because it's free by others they can saw it even the hackers so be careful of using public blockchain. Because there are methods that could assemble the information in the blockchain with the information from certain other methods and could point with high precision what blockchain activity belongs to who. Secret services are researching methods like these.
November 17, 2016, 07:04:47 PM
bitcoin doesnt ask for personal information. your birth certificate is not linked to bitcoin.
bitcoin doesnt ask for personal information. your marriage status is not linked to bitcoin.
bitcoin doesnt ask for personal information. your family ancestry is not linked to bitcoin.
bitcoin doesnt ask for personal information. your home address is not linked to bitcoin.
bitcoin doesnt ask for personal information. your date of birth is not linked to bitcoin.
however if you are going to post your main use bitcoin address in your forum profile
and then tell people on the forum who and where you are.
that is something bitcoin can never solve. but something you yourself have chose to reveal
This is one of the major points I've said a few times in the past; if you post your information or give it to stores or online retailers, then of course they're going to be able to track you. Anyone who gets "a" and "b" will be able to put the two together if they want to.bitcoin doesnt ask for personal information. your marriage status is not linked to bitcoin.
bitcoin doesnt ask for personal information. your family ancestry is not linked to bitcoin.
bitcoin doesnt ask for personal information. your home address is not linked to bitcoin.
bitcoin doesnt ask for personal information. your date of birth is not linked to bitcoin.
however if you are going to post your main use bitcoin address in your forum profile
and then tell people on the forum who and where you are.
that is something bitcoin can never solve. but something you yourself have chose to reveal
Your address is not forcefully linked to your name. You make it that way.
November 17, 2016, 07:03:13 PM
I think the advantage of having BTC blockchain being public is gaining the trust of the people and at the same time the verification of the transaction of each bitcoin user. This way by broadcasting the blockchain in public and being verified by different nodes can prevent malicious intent of tampering the blockchain.
November 17, 2016, 07:00:42 PM
What are the advantages of BTC's blockchain being public? Would it not be more secure if it was hidden from people?
Because there are methods that could assemble the information in the blockchain with the information from certain other methods and could point with high precision what blockchain activity belongs to who. Secret services are researching methods like these.
What's wrong with public blockchain, and what's your mean about hidden from people? it refers to private blockchain? Feeling free for hear your solution about that. Because there are methods that could assemble the information in the blockchain with the information from certain other methods and could point with high precision what blockchain activity belongs to who. Secret services are researching methods like these.
November 17, 2016, 06:55:59 PM
bitcoin doesnt ask for personal information. your birth certificate is not linked to bitcoin.
bitcoin doesnt ask for personal information. your marriage status is not linked to bitcoin.
bitcoin doesnt ask for personal information. your family ancestry is not linked to bitcoin.
bitcoin doesnt ask for personal information. your home address is not linked to bitcoin.
bitcoin doesnt ask for personal information. your date of birth is not linked to bitcoin.
however if you are going to post your main use bitcoin address in your forum profile
and then tell people on the forum who and where you are.
trying to change bitcoin or complain about bitcoin. when bitcoin asks for nothing. while happily you are giving out info,
is something bitcoin features can never solve. but something you yourself have chose to reveal.
bitcoin doesnt ask for personal information. your marriage status is not linked to bitcoin.
bitcoin doesnt ask for personal information. your family ancestry is not linked to bitcoin.
bitcoin doesnt ask for personal information. your home address is not linked to bitcoin.
bitcoin doesnt ask for personal information. your date of birth is not linked to bitcoin.
however if you are going to post your main use bitcoin address in your forum profile
and then tell people on the forum who and where you are.
trying to change bitcoin or complain about bitcoin. when bitcoin asks for nothing. while happily you are giving out info,
is something bitcoin features can never solve. but something you yourself have chose to reveal.
November 17, 2016, 06:27:21 PM
What are the advantages of BTC's blockchain being public? Would it not be more secure if it was hidden from people?
Because there are methods that could assemble the information in the blockchain with the information from certain other methods and could point with high precision what blockchain activity belongs to who. Secret services are researching methods like these.
Because there are methods that could assemble the information in the blockchain with the information from certain other methods and could point with high precision what blockchain activity belongs to who. Secret services are researching methods like these.
With a public blockchain you can see that A payed x coins to B address, and anyone can see it. There isn't a need of a trusted company that explains you that A payed x coins to B.
November 17, 2016, 06:17:10 PM
-snip-
I was thinking of an algorithm where the instance of the software could verify the transaction, but it was not possible to make further analysis in it. Like Monero has analysing resistant blockchain with a reason.
I was thinking of an algorithm where the instance of the software could verify the transaction, but it was not possible to make further analysis in it. Like Monero has analysing resistant blockchain with a reason.
Its blockchain is still public. The way the signatures are created make it infeasible to follow coins.
I dont need to hide anything im doing online, soo they can search about those. If there were a way to conect each transaction to black market as well to the owners they would already made those. Bitcoin should be an example, for countries manage their adress, how they say they have nothing to hide and do wanna to show all transactions, with some improvement regulamentation.
November 17, 2016, 06:12:11 PM
I dont need to hide anything im doing online, soo they can search about those. If there were a way to conect each transaction to black market as well to the owners they would already made those. Bitcoin should be an example, for countries manage their adress, how they say they have nothing to hide and do wanna to show all transactions, with some improvement regulamentation.
November 17, 2016, 04:59:21 PM
Thats why zcash, monero and dash were created. BTW has anybody heard if those mentioned have had any breaches? Would be nice to know. I cant seem to find anything when I google.
November 17, 2016, 04:56:45 PM
What are the advantages of BTC's blockchain being public? Would it not be more secure if it was hidden from people?
Because there are methods that could assemble the information in the blockchain with the information from certain other methods and could point with high precision what blockchain activity belongs to who. Secret services are researching methods like these.
Because there are methods that could assemble the information in the blockchain with the information from certain other methods and could point with high precision what blockchain activity belongs to who. Secret services are researching methods like these.
How would you verify that my transaction is valid if the blockchain is not public?
I was thinking of an encryption where the instance of the software could verify the transaction, but it was not possible to make custom queries in it to obtain plus information. Like Monero has analysing resistant blockchain with a reason.
While not perfect, it allows for you to disrupt anyone's analysis of what you have and what you're doing with your stuff, while allowing for other people to look at their records if they want to.
November 17, 2016, 04:49:53 PM
What are the advantages of BTC's blockchain being public? Would it not be more secure if it was hidden from people?
Because there are methods that could assemble the information in the blockchain with the information from certain other methods and could point with high precision what blockchain activity belongs to who. Secret services are researching methods like these.
Because there are methods that could assemble the information in the blockchain with the information from certain other methods and could point with high precision what blockchain activity belongs to who. Secret services are researching methods like these.
How would you verify that my transaction is valid if the blockchain is not public?
I was thinking of an algorithm where the instance of the software could verify the transaction, but it was not possible to make further analysis in it. Like Monero has analysing resistant blockchain with a reason.
November 17, 2016, 04:36:38 PM
What are the advantages of BTC's blockchain being public? Would it not be more secure if it was hidden from people?
Because there are methods that could assemble the information in the blockchain with the information from certain other methods and could point with high precision what blockchain activity belongs to who. Secret services are researching methods like these.
Because there are methods that could assemble the information in the blockchain with the information from certain other methods and could point with high precision what blockchain activity belongs to who. Secret services are researching methods like these.
How would you verify that my transaction is valid if the blockchain is not public?
Exactly, that would be a problem and how could we solve this?
I don't think blockchain beeing public is an issue and that this affects security in some substanial manner. And in the digital world you can't entirely hide your privacy we all know that.
November 17, 2016, 04:30:51 PM
What are the advantages of BTC's blockchain being public? Would it not be more secure if it was hidden from people?
Because there are methods that could assemble the information in the blockchain with the information from certain other methods and could point with high precision what blockchain activity belongs to who. Secret services are researching methods like these.
Because there are methods that could assemble the information in the blockchain with the information from certain other methods and could point with high precision what blockchain activity belongs to who. Secret services are researching methods like these.
How would you verify that my transaction is valid if the blockchain is not public?
November 17, 2016, 04:19:17 PM
What are the advantages of BTC's blockchain being transparent?
What is the level of transparency that we really need?
Because there are methods that could assemble the information in the blockchain with the information from certain other methods and could point with high precision what blockchain activity belongs to who.
Secret services are researching methods like these.
What is the level of transparency that we really need?
Because there are methods that could assemble the information in the blockchain with the information from certain other methods and could point with high precision what blockchain activity belongs to who.
Secret services are researching methods like these.
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