Aloha, everyone; I have been reading about blockchain technologies and their anonymity claim. But I am skeptical. How does it work? I know about cryptography, but I do not know how. How does it achieve anonymity? Are there specific blockchains that are good at this? Any insights would be much appreciated, especially with examples or resources that break the concept down for a beginner like me.
Announcement
Collapse
No announcement yet.
Can Blockchain Truly Keep You Anonymous?
Collapse
X
-
Blockchain’s anonymity depends on how it handles transactions and user identities. Many blockchains use public-private key pairs to conceal identities, but not all are equally effective. For example, Monero has taken this to another level with its use of ring signatures, stealth addresses, and confidential transactions. If you’re looking for a deep dive into how Monero's blockchain ensures complete anonymity, I’d recommend checking out this article on https://tweakyourbiz.com/posts/how-m...lete-anonymity. It explains the underlying technologies in simple terms and compares them to other blockchains. Definitely worth a read if you want to understand how privacy is maintained at such a high level.
-
Interesting discussion! I’ve been curious about blockchain privacy too. It’s reassuring to know that there are technologies like Monero that prioritize anonymity. The link you shared looks promising—I’ll definitely check it out. Anonymity in blockchain seems like a crucial topic as the tech evolves.
Comment
Comment