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Privacy is not a feature of Etherium or "smart contracts". It's the opposite, in fact. All transactions are public. The only "private" aspect is your address
by riskable 9y ago
Privacy is not a feature of Etherium or "smart contracts". It's the opposite, in fact. All transactions are public. The only "private" aspect is your address used to make a transaction but it has the same problem as Bitcoin in that regard: When you turn it back into real money your identity can now be attached to that address.
- cheschire 9y agoIs there a notification feature I can enable on HN to tell me when I get a reply? Anyways, yes I completely agree with you, privacy is not a feature. Decentralization in general suffers from the inability to manage privacy and I think that’s where future applications of the technology are going to struggle to gain traction beyond niche audiences.