watch
Bitcoin is Pseudonymous, Not Anonymous: Public Ledger Implications
I maintain that Bitcoin is pseudonymous, not anonymous. Each transaction is permanently etched on the public blockchain, and while names aren’t directly tied to addresses, wallet addresses and their activity are visible to anyone. This transparency means you can trace flows, map wallets, and potentially deanonymize users over time with sophisticated analysis.
Source available for registered users Sign Up Free
Analysis
Bitcoin operates on a transparent public ledger where every transaction is recorded permanently. This creates a verifiable and traceable transaction history, which is fundamental to the network’s inte...
Recommendation
Recommendation: Treat Bitcoin as pseudonymous, operating under a transparent ledger. For privacy-conscious activity, consider minimizing on-chain footprint, leveraging reputable privacy tools with an ...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.