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Author Topic: Bitcoin is anonymous?  (Read 811 times)

alexnikon911

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Bitcoin is anonymous?
« on: June 23, 2017, 08:31:10 PM »
Bitcoin is designed to allow all users to send payments, with a sufficient level of confidentiality, comparable to other forms of payment. However, Bitcoin is not anonymous and can not offer the same level of confidentiality as cash settlements. Bitcoin's use leaves a public record open. There are various mechanisms to ensure the privacy of users, and even more is in development. However, a lot of work remains to be done so that these functions can be correctly applied by users.

vitalino

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Re: Bitcoin is anonymous?
« Reply #1 on: June 23, 2017, 09:02:48 PM »
Bitcoin isn't anonymous
Some effort is required to protect your privacy with Bitcoin. All Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address. However, the identity of the user behind an address remains unknown until information is revealed during a purchase or in other circumstances. This is one reason why Bitcoin addresses should only be used once. Always remember that it is your responsibility to adopt good practices in order to protect your privacy.

Kateryna_Oli

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Re: Bitcoin is anonymous?
« Reply #2 on: June 24, 2017, 12:39:02 AM »
Of course, Bitcoin is not anonymous  ::)
Your IP address can be logged!  :o Because the Bitcoin network is a peer-to-peer network, it is possible to listen for transactions' relays and log their IP addresses. Full node clients relay all users' transactions just like their own. This means that finding the source of any particular transaction can be difficult and any Bitcoin node can be mistaken as the source of a transaction when they are not. You might want to consider hiding your computer's IP address with a tool like Tor so that it cannot be logged.
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Daniel_West

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Re: Bitcoin is anonymous?
« Reply #3 on: June 24, 2017, 08:36:39 AM »
Bitcoin isn't anonymous
Some effort is required to protect your privacy with Bitcoin. All Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address. However, the identity of the user behind an address remains unknown until information is revealed during a purchase or in other circumstances. This is one reason why Bitcoin addresses should only be used once. Always remember that it is your responsibility to adopt good practices in order to protect your privacy.
Basically, it means, that it is anonymous as long as you are not buying in person. You can still purchase goods on the internet and have no need to create another wallet as long as you take some means of protection.

andreevavik22

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Re: Bitcoin is anonymous?
« Reply #4 on: June 24, 2017, 08:53:55 AM »
Bitcoin is often described as an anonymous currency because it is possible to send and receive bitcoins without giving any personally identifying information. However, achieving reasonable anonymity with Bitcoin can be quite complicated and perfect anonymity may be impossible.
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Kateryna_Oli

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Re: Bitcoin is anonymous?
« Reply #5 on: June 24, 2017, 06:36:45 PM »
Bitcoin is often described as an anonymous currency because it is possible to send and receive bitcoins without giving any personally identifying information. However, achieving reasonable anonymity with Bitcoin can be quite complicated and perfect anonymity may be impossible.

They say that it is anonymous, so that people are less worried ???
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vikky

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Re: Bitcoin is anonymous?
« Reply #6 on: June 25, 2017, 01:23:46 PM »
There are three reasons why Bitcoin is considered anonymous.

First, unlike bank accounts and most other payment systems, bit-address addresses are not tied to the identity of users at the protocol level. Every person at any time can create a new randomly generated bit-address (and associated private key) without having to provide anyone with personal information.

Secondly, transactions are also not tied to the identity of users. Thus, if the miners agreed to include a transaction in the block, everyone can pass bitmoans from one address to another, without having to disclose any personal information. As with cash, even the recipient of money does not need to know the sender.

And thirdly, Bitcoin's transaction information is transmitted by randomly selected P2P network nodes. While bit-knots connect to each other via IP-addresses, the nodes do not know if the received transaction was created by the information-passing node, or it just redirected it.

Kateryna_Oli

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Re: Bitcoin is anonymous?
« Reply #7 on: June 25, 2017, 02:49:39 PM »
There are three reasons why Bitcoin is considered anonymous.

First, unlike bank accounts and most other payment systems, bit-address addresses are not tied to the identity of users at the protocol level. Every person at any time can create a new randomly generated bit-address (and associated private key) without having to provide anyone with personal information.

Secondly, transactions are also not tied to the identity of users. Thus, if the miners agreed to include a transaction in the block, everyone can pass bitmoans from one address to another, without having to disclose any personal information. As with cash, even the recipient of money does not need to know the sender.

And thirdly, Bitcoin's transaction information is transmitted by randomly selected P2P network nodes. While bit-knots connect to each other via IP-addresses, the nodes do not know if the received transaction was created by the information-passing node, or it just redirected it.

Thanks for this systematic information ::) Saved it.
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mihohil

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Re: Bitcoin is anonymous?
« Reply #8 on: June 26, 2017, 11:00:35 AM »
of course it is! do you think that hackers and terrorist will use it if it's not anonymous?)

Omeluk

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Re: Bitcoin is anonymous?
« Reply #9 on: June 26, 2017, 12:36:22 PM »
Bitcoin is not anonymous, but, rather, pseudo-anonymous. By now, most Bitcoin veterans know this. It’s less obvious to many, however, why Bitcoin is not really anonymous by default, and what can be done to de-anonymize Bitcoin users – and what Bitcoin users can do to reclaim their privacy.

https://bitcoinmagazine.com/articles/is-bitcoin-anonymous-a-complete-beginner-s-guide-1447875283/

NanaLelyakova

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Re: Bitcoin is anonymous?
« Reply #10 on: June 26, 2017, 01:46:11 PM »
Bitcoin is not anonymous, but, rather, pseudo-anonymous. By now, most Bitcoin veterans know this. It’s less obvious to many, however, why Bitcoin is not really anonymous by default, and what can be done to de-anonymize Bitcoin users – and what Bitcoin users can do to reclaim their privacy.

alexnikon911

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Re: Bitcoin is anonymous?
« Reply #11 on: June 26, 2017, 02:04:17 PM »
Transactions are also not tied to the identity of users. Thus, if the miners agreed to include a transaction in the block, everyone can pass bitmoans from one address to another, without having to disclose any personal information. As with cash, even the recipient of money does not need to know the sender.

liliiaolivia

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Re: Bitcoin is anonymous?
« Reply #12 on: June 26, 2017, 06:53:31 PM »
Bitcoin is considered anonymous.
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denny.pac

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Re: Bitcoin is anonymous?
« Reply #13 on: June 26, 2017, 07:13:32 PM »
Limited anonymity is there, but for the sake of safety, I think it is not perfect

 

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