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Bitcoin may not be private but it's pseudonymous, multiple public keys per private key. I think if it had have been private though, it never would have taken of
by imdsm 4y ago
Bitcoin may not be private but it's pseudonymous, multiple public keys per private key. I think if it had have been private though, it never would have taken off. The transparency and exploitability of blockchains is key to their success. Without Bitcoin & other prominent open source blockchain-based crypto-currencies and crypto-assets, private crypto-currencies and crypto-assets wouldn't stand up.
- cowtools 4y agoI couldn't disagree more. Without the silk road, bitcoin would have never taken off. monero has seemingly displaced bitcoin here. The transparency of the ledger is key to the censorship, control, and abuse of the network. >open source Are you implying that the cryptonote/zerocoin projects like monero aren't open source?