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Author Topic: How anonymous and secure is the blockchain technology?  (Read 162 times)
Impulseboy
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August 08, 2018, 10:10:24 AM
 #1

The crypto world is run via blockchain technology, but how can we be sure of its anonymity? How anonymous it is really? With hackers all around, do you think that maybe it is not so anonymous and secured after all?
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Mariela
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August 10, 2018, 11:54:22 PM
 #2

Well if I rate it. I think 8/10
Even you could have no idea who I am?
Right? Being cryptocurrency user it is hard to trace the identity of every individual.
ImpulseGhost
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August 11, 2018, 12:13:46 AM
 #3

Yes the blockchain technology is almost anonymous. The main fact is owners can't be tracked with it. Which gives the complete security to the owners. So it has the partial anonymity.
juljon18
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August 11, 2018, 12:19:57 AM
 #4

It's completely anonymous until you do something bone headed like fill out KYC forms and have everything connecting to your account.  If you do that then its less anonymous than the local bank.  Security is also unbreakable.  The only way you get hacked is if you do something stupid. 
Dexion
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August 11, 2018, 12:28:10 AM
 #5

sometimes some people have the assumption that anonymous bitcoin is always used as an opportunity to commit criminal acts, and this is a wrong assumption.

bitcoin has a decentralized concept, bitcoin does not need a third party in the transaction process, bitcoin also does not need an identity card. so we can call it bitcoin is anonymous.

but on the other side, we have to understand that bitcoin uses blockchain, and blockchain is a block that stores all transactions. and in reality, this blockchain technology does not have anonymous character

blockchain records all transactions, but bitcoin blocks are public ledger, every transaction data is spread across all nodes, and can be accessed by the public.

the meaning of anonymity is from the side of the bitcoin address, which has no owner's identity.

CrashGangster
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August 11, 2018, 01:09:53 AM
 #6

Blockchain is really a very secured technology than all others. But it is not completely secured as we can see fraud and scam happens on a regular basis.
ghost07
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August 11, 2018, 01:27:44 AM
 #7

The crypto world is run via blockchain technology, but how can we be sure of its anonymity? How anonymous it is really? With hackers all around, do you think that maybe it is not so anonymous and secured after all?

in terms of security blockchain is very secured compare to other internet related things for now why ?
lets compare facebook to blockchain technology.
facebook has a great security because they use an 84bit encrypted password and blockchain has morethan 4x of facebook.
do you see the big difference to this two? thats why i can say blockchain is the most secured thing that been made this era.
Ausgewielt
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August 11, 2018, 01:33:25 AM
 #8

Blockchain is absolutely secure, people may know that there are transaction happen but they don't know who did that. Cryptocurrency users can become anonimous as there are no link to their identity.

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raging-creeper
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August 11, 2018, 01:52:22 AM
 #9

It's completely secure and anonymous.  However there are many mistakes you can make which can causes issues for you.  I see many blaming hackers for things that are their faults. Just keep your keys and password secure and be careful what you click on while surfing and opening emails. 

bocah cilik
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August 11, 2018, 01:56:08 AM
 #10

I think this is entirely anonymous because you are just exchanging public purse address when conducting transactions, with only his key public know nothing can be done all the hacker to know the contents of the wallet and the addresses that you use in the real world.
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August 11, 2018, 02:03:46 AM
 #11

    Blockchain is a decentralized technology with  a global network of computers jointly collect the database .Blockchain  ledger is public and is maintaining anonymity means in Bitcoin for any transaction we give a false address and the real identity of the person is not revealed to anyone only the wallet is given that is why we say anonymous . We can say blockchain as pseudo anonymous the transactions are verifiable because you can trace the origin  but it hides the entire details.

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spazie
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August 11, 2018, 02:11:41 AM
 #12

I think Blockchain Technology can also allow transactions to be anonymous and secure at the same time, and every transaction that has been done on the network is recorded in a common tamper proof book using code and cryptography.
Crypto Girl
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August 11, 2018, 05:14:57 AM
 #13

The crypto world is run via blockchain technology, but how can we be sure of its anonymity? How anonymous it is really?

Only our address and transactions as well are the things that can be trace in the blockchain and only our holdings can be seen to it so there's no way our identity can be known.

With hackers all around, do you think that maybe it is not so anonymous and secured after all?

Hackers can't steal our identity unless you went through a kyc of an ico and it gets compromise. Obviously, what hackers can steal is our coins so better to be careful in storing as well as clicking some sites. Always check the url bar of it's correct.


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Horraygram
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August 11, 2018, 10:03:38 AM
 #14

I am confused about its anonymity.But what I know is most of the people think it as anonymous because people don’t need to attach any info that can identify them in wallet.
r1s2g3
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August 11, 2018, 10:26:13 AM
 #15

The crypto world is run via blockchain technology, but how can we be sure of its anonymity? How anonymous it is really? With hackers all around, do you think that maybe it is not so anonymous and secured after all?

Block chain is a distributed ledger and it is very secure. To hack or alter the account of block chain a 51% attack is needed, that is a very costly affair.
Everything in block chain is in form of IDs or numbers, so it is fully anonymous. But being anonymous does not mean that it is not trackable, For a wallet, each and every transaction can be tracked, so make sure to keep your identity secure.

ziro cent
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August 11, 2018, 11:06:16 AM
 #16

Blockchain is anonymous and secured. As far as I know about blockchain it is much secured and that's why more and more big companies are interested into this technology.
blackrain321
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August 11, 2018, 11:46:32 AM
 #17

I don’t think it’s completely secured. It is more secured than others. But it can be vulnerable as the size of the blockchain is very big. So if someone has the control over big portion of nodes, he can control the transaction
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August 11, 2018, 11:59:56 AM
 #18

Bitcoin is anonymous, if you dont buy/sell with KYC or other personal information. You can also use Monero (XMR, https://getmonero.org) for better privacy. Monero has an obfuscated blockchain (you cant see who sent how much monero to who), while bitcoin has a transparent blockchain. You can buy monero with bitcoin with https://shapeshift.io and sell monero for bitcoin with https://xmr.to, or use a different exchange.

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SlashEject
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August 11, 2018, 02:04:20 PM
 #19

The blockchain technology might be the only best thing that has happened in this market which gives a viable sense of security. This keep a ledger of all the accounts and allows us to view it. We should not question its integrity. In fact it will be better if you do some research so that you will have assurance that how secure this is.
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August 11, 2018, 04:15:11 PM
 #20

Blockchain give the advantage of being decentralized. And decentralized give the opportunity to being anonymous. And the blockchain technology contain some technology which are help to avoid third party and being sequre.
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