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It works by associating your tokens with your identity. You're the only one with the private key, however the identity manager (government in this case) decides
by Strom 9y ago
It works by associating your tokens with your identity. You're the only one with the private key, however the identity manager (government in this case) decides which public keys are linked to an identity.
Of course this also means that the government could seize your coins.
- krrrh 9y agoIt would also mean that pseudonymity is out the window. Does anyone else remember when anonymous transactions was the sine qua non of cryptocurrency hype?