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> anonymity Bitcoin itself isn't anonymous at all: All transactions are public. Only via a Laundry you can cover up your tracks. Zerocoin and Zcash were creat
by jhasse 9y ago
> anonymity
Bitcoin itself isn't anonymous at all: All transactions are public. Only via a Laundry you can cover up your tracks.
Zerocoin and Zcash were created to fix that.
- door 9y agotransactions are public but if no one knows that a public key is yours it's difficult to trace. and like you said, there's tools to anonymize your bitcoin transactions completely
- jhasse 9y agoAs soon as you buy/sell something, someone will know your public key. The laundry scheme isn't tied to Bitcoin, that's why I think it's wrong to say that one of Bitcoins advantages is anonimity.
- undersuit 9y ago>As soon as you buy/sell something, someone will know your public key. So make a new key, and tumble the Bitcoins until you feel safe again.
- jhasse 9y agoSince all transactions are public, he can easily follow the tracks to your new public key.
- undersuit 9y agoTumbling is supposed to make tracking non-trivial. Anyways you can always convent to another coin, especially one with more anonymity, and then back to Bitcoin. EDIT https://news.ycombinator.com/item?id=14918545 https://news.ycombinator.com/item?id=14918545 This just started getting popular if you want to talk more about tumbling.