Bitcoin Forum

If you really want to understand blockchain technology and invest in new projects, you definitely need to read the data security laws. I've seen so many Dapps that offer opportunities to free people, free data or create open markets. Cool, but the white paper doesn't say how to store these extremely private, sensitive data controlled by a highly developed set of international data security laws, does it? Data privacy on the blockchain is integrated with the underlying chain, or built in the top layer, which will create a huge market that is critical to expanding consumer-grade applications.

The faulty UTXO security model that needs to be addressed is no privacy right, this is because all transactions can be tracked on the blockchain network. This issue has now been resolved by focusing on the implementation of a new alternative technology.

Security on Blockchain is one of the key features that attract users towards technology. The issue of global privacy protection is constantly evolving into new changes in privacy protection technology. I expect the market to be the anonymous privacy of blockchain provide an open technical support and reliable for the digital world.

Well, of course there is tracker in blockchain to track down the scammers or anyone suspicious. This news isn't new but there are some new updates coming which will protect the privacy of the investor carefully and uncompromisingly.

It makes me worried to hear that transactions can easily be tracked. Some upgrades or totally new technologies must be implemented to protect our privacy, because info about transactions can be used against to investors and users.

Bitcoin is not supposed to be private, that is why we have zcaah and monero. Bitcoin is about transparency with everything open on the public ledger. Go for privacy coins if you want private e.g. sumokoin

is that free for new user or month payments? where i can get that ?

Global privacy protection is constantly evolving into new changes in privacy protection technology. Security on blockchain is one of the key features that attract users towards technology. We all know bitcoin and crypto have explorer to find transaction.

So, it is already written in everywhere. Blokchain is not so private but it is transparent. You can watch all data but if you don't know what it is or who you belong to, there is no matter that data. Yes a little complicated but also amazing.

Blockchain has never been private, it's anonymous, or pseudonymous. anyone can track transactions, but hard to know who exactly do the transactions. it has been a common theme for blockchain.

Blockchain is still in it's developement stages as it is being tweaked and made better. The system might have issues now but as the technology improves we can hope to see a positive outcome in the future where there will be less to no problems.

i think blockchain is privaci in terms of user identity, but it's transparent in terms of transactions and wallet addresses. This user confidentiality is feared to be misused for negative things

I imagine a world with out banks and government, wit blockchain we could vote securely and manage our self.   i just wake up this morning, i must be still dreaming!

The blockchain means anonymity and public information to users. I think if you make it more anonymous it will be good ! But it is difficult to track transactions if the person sent to the wallet because they are all different and it is unknown who owns them.

i'm not sure what projects you're talking about specifically. but if they are truly "dapps" in the sense that they're decentralized, what bearing do data security laws really have?

what are governments or intergovernmental agencies gonna do if the law isn't followed---bring an app to court? :D

A blockchain can be private if you know how to use it. It is necessary to choose the right browsers as well as anonymous coins like ZCash or Monero.

Blockchain is reliable , the information of user won't be revealed , it means the anonymity of blockchain. It is one of best feature that i appreciate  the blockchain

But on the other hand, a lot of people say that if you really want to find a person , then it can be traced through transactions. How - I do not understand .

One of the most well-known bitcoin reasons for me is that by the blockchain, if now there is a thing I would be afraid that people will no longer go this way by themselves or be discredited. Where will the bitcoin go?

Blockchains have better fortified systems than any other, that are currently available. People generally opt for the better technology.

Bitcoin is built on a giant public ledger that is open to anyone to view, so of course it's not really private. 


That depends on your own security. If you sign up on a forum with links to your real name or real-world identity and you post a bitcoin address then it can be traced back to you. Whereas if you're careful and take steps to remain anonymous then it's unlikely someone will find out who you are like nobody has a clue who satoshi is currently.

It's true that blockchain is not private... it is not only for you . Well it is maid to store data that is need to be encrypted though it's open for anyone it gives them a hard time solving those algorithms and other analytical problems just to open blockchains system.

Well as for the topic: blockchain is not private, you are somewhat not right and I don't get it how it connects to what you are saying in this post.
Blockchain exists in 3 states:
Private
Public and
Consortium
All of these have different levels of privacy, security, and decentralization.
Privacy really matters and consumer grade applications surely need higher privacy which blockchain does provide. If blockchain would lack privacy, it would not have been acceptable. For greater anonymity and security there are many other DAPPs.

the blockchain allows transactions because every one of the node cannot affect that was your transaction

No it is private, blockchain is very secure, we can keep our documents. it has good features nobody can hack it.

of course there is tracker in blockchain to track down the scammers or anyone suspicious. This news isn't new but there are some new updates coming which will protect the privacy of the investor carefully and uncompromisingly.

Did you understand what is the meaning of Dapps? Its Decentralize applications so its mean the data is not private or even close to being private. So no need to go to the white paper and read it, such total waste of time. If you wanted privacy then go to privacy coins like Monero or Zcash.

Of course it is not, it is used by so many people all over the world and how can you can call that private if multiple people use it and not only a single person or institution?

which private sensitive data are you talking about? personal or transaction data
as long as you never provide (or let it access) your personal data, there isn't anything to worry about
however, transaction data included in blockchain cannot be made private
the idea of blockchain is a public ledger that can be verified by everyone in the network

As far as I know Blockchain technology is private and we can only track someone's wallet address without knowing the owner of the wallet. So with blockchain we can only see the history of transactions that we make when we send Bitcoin to other people without others being able to see our faces.

You're right. I also thought about it. Our information is not confidential. I think it can be hacked.

The owner of the blockchain is private and anonymous, for this we can see wallet history but don't know the identity of the holder. The blockchain is able to provide security for every holder and has many features that can make a valuable asset.

bitcoin and crypto have to find transactions. If new users want to buy or register a bitcoin or cryptocurrency account without paying.

Private Blockchain is an absolute opposite of public blockchain. It is because many functions that are open to all on a public blockchain aren’t open here to all. Here one can’t read/write or audit the blockchain anytime unless one has the permission to do so. In private blockchains, the owner of the blockchain is a single entity or an enterprise which can override/delete commands on a blockchain if needed. That’s why in its true sense it is not decentralized and hence can just be called a distributed ledger or database with cryptography to secure it.

blockchain is not for "data storage"! it is used for transactions in decentralized monetary system such as bitcoin and it stores transaction history. there are projects that focus on data storage but they are not focusing on privacy of it because blockchain is something you share so the "data storage" aspect of it in those projects should also be based on sharing so there is no privacy.

if you want privacy when storing your data then don't share it with others! store it locally.
and stop reading the nonsense that ICOs are advertising these days without thinking about what it really is.

I still keep my opinion that blockchain is private. Blockchain is famous for its private, I think our information is not easy to be hacked.

As we know that security and privacy are very important for users. If Blockchain is not private, I don't understand what will happen. Confusing. ???

Until now it will not be denied that it is still highly recognized and can be trusted that blockchain is still very reliable and safest. and there is never any news that leads to harm.

For me blockchain is private. We knew that many company knows about our blockchain but of course theg are following terms and conditions to make our privacy safe. Blockchain can't be in public because this will make the system fall.

that's the transparency of blockchain technology that is very good, they are very transparent there is no secret all transactions can be seen by everyone, but keep in mind that it's very safe.

Here they are with ease in the future will be able to take the place of the main currencies in which the shares of some real business will be quoted, which will abandon the dollar and the money we all know in the direction of crypto-currencies.

what do you mean, indeed the blokchain transaction can be seen but it cannot be known who made the transaction,
if we see blockchain transactions we can find someone, bitcoin hackers that are troubling users are easily captured

I have not understood the OP's meaning about data security through the DAPP device, is it a new project or international regulation relating to KYC and AML security? Please give us a clear picture.

No, Blockchain is not private but it is transparent. Transparency is totally clear by transaction that is seen by everyone.

Blockchain technology is so decentralized to the extent that nothing is private, I believe this is the backbone of the  blockchain network. Transparency is key to market any product to people. I think projects really  understand data privacy and hence investors are not worried about their data being mishandled.

A blockchain is a continuously growing list of records called blocks, these blocks are linked and secured using cryptographic algorithms. Each block typically contains a hash (a link to a previous block), a timestamp as well as transaction data.

Blockchain is not private but highly anonymous. Anyone can see the transactions, but it’s difficult to identify who exactly performed them because of pseudonyms which don’t give any information about real persons. That’s why blockchain is transparent and anonymous at the same time.

Blockchain is being used in many businesses as security not only secure but also attract many customers for the industry. Simple to prove that I just said that bitcoin is also using blockchain as a shield and security  ;).

          Bitcoin is a great creation introduced by a company or a person till it is considered a mystery in the world of crypto's .Even though Bitcoin is introduced by Satoshi Nakamoto all IT and banking sectors claim that block chain is the real and great invention of Satoshi Nakamoto of this era. Block chain is the unique characteristic of Bitcoin that records every single transactions made on its network in a public record. In other words block chain is said to be a digital ledger stored in a distributed network . There are private block chain and public block chain any body can take part in public block chain since it is an open source where no one is in charge of it but in private block chain there is only a single one who can take part  . Public block chain is fast and cheap and no need of much energy to be spend .Both type of block chains are decentralized one.

The blockchain is a public domain and when you submit information, you don't expect it to be private anymore. What is a problem is how such information is reused. Data manipulation can occur and impersonation can take place where information is not securely preserved. Therefore exchanges and other sites are developing high-brow security architecture to protect user information.

Users always want to be safe and secure, we need our privacy should be kept in secure. yes, blockchain is not private so many organization already with this technology and blockchain is highly transparent. It's really horrible if our transaction can be seen easily so we need a better solution to hide our transaction information.

Blockchain is not private,its transparent,and to maintain a fair level of transparency,its got to be at least less private and more open to the public

Everyone on the technology can view and see transactions undergone in the blockchain technology,so it's definitely not private but such public data happen to be unalterable,so it's safe and secure with covers for it's lack of privacy

The blockchain doesn't need to be decentralized to bea real blockchain. There are a lot of difference between a blockchain and a database using cryptography. Cryptography can be just a password lol
Distributed ledger is a recorded and sync'ed ledger on a network

Many of the cryptocurrencies are not private and the data exposed in the blockchain can be observed openly and some hackers can reach the identity of the owners or subtract the funds, although that risk is minimal, it is best to work with totally private cryptocurrencies such as Ultrapoint ( UPX), where you can have lifetime accounts, visit: http://www.ultrapoint.net/

I think blockchain is of two types, public and private Blockchain. Ethereum, Bitcoin and Litecoin for instance are a public blockchain, Hyperledger is a private Blockchain.

The blockchain is not a secret, but the user data is confidential. Don't use something like that. blockchain is the word generally, while the secret is user data such as transaction data and data ..

Yes because, every bitcoin transaction we do will be stored in Open Ledger which is distributed into the bitcoin network and every data from the blockchain is connected to each other where if there is a change in one of the data blocks it will affect the next data

As for me, it's good that I can check my transaction and the transaction of anybody, It's very comfortable to check status and nobody can hide this info.

Did anyone really think that blockchain is totally private? I always assume that all transactions be they to banks or via banks, from one person to another or using blockchain can be tracked and identified. The main advantage of blockchain is it is a whole lot harder. It needs the resources of a state organisation such as MI5/6 CIA/FBI, Mossad etc, or a group of very very skillful individuals to follow the trail. 

By bulding your platform on hyperledger i guest it will be secure and private, because Hyperledger is a permission-ed Blockchain which can be deployed as an enterprise private network.

The blockchain in the first place is the transparency of the data, and not security. Of course, if your payment in the form of a transaction suddenly disappears in the process of transfer, there is no one to send claims. If you care about security and want to keep data secret from other users, I advise you to read the literature about it or at least watch the training videos on YouTube.

in my opinion what you say is very true maybe the blockchain system will someday be used by all countries in the world and of course the blockchain system can eliminate corruption

It's not easy for an average person to understand security protocol in Blockchain technology. You have to explain it in a layman's term. Blockchain is not private because it has a purpose mainly for transparency.

Sounds true but we are not also even sure that the data that we give in the banks, house utilities, social medias and even in job application is 100% safe therefore their is no guarantee to them all but we just make sure that they are all legit to ensure that our data will not be stolen.

Although Bitcoin has gained a reputation as an anonymous means of purchasing illegal goods on the dark net, the public ledger means that it’s actually possible for anyone to view the transactions that are taking place, even if the blockchain doesn’t tell you who each of its digital wallets belongs to.

as i know blockchain system is the most secure system right now, but we need to see that the blockchain is transparent, so all people can see inside the transaction and all data. only see without manipulating it. so with that action i think blockchain is secure enough

Security of blockchain technology is the biggest feature of this so many users attracts to this technology. blockchain technology is not private because it main purpose is transparency.

just so you know . block hain technology is already being used by most people in most parts of the world but in the form of cryptos  . about corruption  , i dont think that it can totally eliminate it  .  corrupt officials can still do shady business just before the election will start  but blockchain technology can help secure the votes in a private manner and it cannot be modified anymore once the data had been procesed .