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Cryptocurrency was never been anonymous without expending a fair amount of effort to keep it so until very recently. The entire chain of every transaction ever
by deadmetheny 9y ago
Cryptocurrency was never been anonymous without expending a fair amount of effort to keep it so until very recently. The entire chain of every transaction ever is kept on a publicly accessible ledger for most implementations, how can you have any expectation of anonymity in that case?
- flashdance 9y agoMonero and dash both have fairly good privacy built into the protocol [1] [2], although monero suffers from large transaction sizes and dash suffers from centralization as a result of this. [1] https://en.wikipedia.org/wiki/Monero_(cryptocurrency)#Privacy https://en.wikipedia.org/wiki/Monero_(cryptocurrency)#Privac... [2] https://en.wikipedia.org/wiki/Dash_(cryptocurrency)#PrivateSend https://en.wikipedia.org/wiki/Dash_(cryptocurrency)#PrivateS... Disclaimer: I have no monero or dash, but I do have various other cryptocurrencies.
- deadmetheny 9y ago>until very recently Was meant to cover those particular cases, which were created specifically to deal with the lack of anonymity within Bitcoin and its derivatives, as far as I know.
- flashdance 9y agoFair enough, I just figured others may find the exceptions interesting. And to be fair, both of those cryptocurrencies have been around for ~3 years now, which is practically ancient history in this field.