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Author Topic: Is privacy a real issue for crypto?  (Read 88 times)
Beastty (OP)
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November 10, 2017, 02:19:12 AM
 #1

Do you think we really need privacy coins for everyday tasks?
Medimiguel
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November 10, 2017, 02:21:47 AM
 #2

It's a multisig Bitcoin Address  Wink To realize a transaction, you will need two signatures, yours with your encripted private key and of the website holding the Bitcoins. It more secure, but you are not the real owner of the coins in reason that u dont have ur own private key.
brobribro
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November 10, 2017, 09:23:39 AM
 #3

Blockchain analysis has proven to be useful to exploit hacks and money laundering..
See here for the MtGox Hack:   http://blog.wizsec.jp/2017/07/breaking-open-mtgox-1.html
From this point of view it could be a deterrent to this kind of activities, in the other hand I strongly believe that we need privacy-oriented crypto. Maybe not for everyday use or business transparency but for c2c transactions and privacy focused comunities it is a must.
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