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Author Topic: How anonymous and secure is the blockchain technology?  (Read 162 times)
Velkro
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August 11, 2018, 04:23:47 PM
 #21

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?
Its anonymous until you want to buy/sell bitcoin.
This required to match bitcoin address with your personal details. So any transaction after that is not anonymous at all.

Bitcoin should be improved upon privacy. It will happen in future.

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ETHxn4BTC
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August 11, 2018, 05:34:18 PM
 #22

Bitcoin is pseudo-anonymous, you don't need to interface your distinguishing proof to it. The confusion becomes possibly the most important factor when you think about systems, IP addresses and so forth, different markers of your character that actually connect you to a wallet, in any case, are not connected to your immediate personality at confronting esteem.
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August 11, 2018, 07:11:57 PM
 #23

Blessing for Blockchain Technology in Crypto I think it has made crypto secure and promising. But deceivers always try to make scamming. You have to be careful. in my opinion, crypto is now a popular trading platform and profitable.
pixie85
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August 11, 2018, 07:50:32 PM
 #24

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?
Its anonymous until you want to buy/sell bitcoin.
This required to match bitcoin address with your personal details. So any transaction after that is not anonymous at all.

Bitcoin should be improved upon privacy. It will happen in future.

You can use a P2p exchange where you don't have to give up any details and trade for cash. Bitcoin is anonymous if you want it to be. It's also very secure, so if you don't lose your keys or allow someone to infect your computer nobody will steal it from you and it's safe from government snooping.
If you want to improve the privacy do it on your end. You don't have to change Bitcoin.

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August 11, 2018, 08:31:49 PM
 #25

Made with crypto blockchain technology. Which will ensure transparency and security. Hackers have always been getting excited. The crypto market is safe and reliable, which can be understood by reviewing the past periods. Still have to be careful.
maytinhvinh
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August 12, 2018, 01:31:15 AM
 #26

blockchain isn't completely secured as we can see fraul and scam happens on a regular basis.
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August 12, 2018, 01:45:40 AM
 #27

If you want to improve the privacy do it on your end. You don't have to change Bitcoin.

I kind of agree. Fully anonymous coins are already drawing the ire of governments worldwide and I'd rather not have Bitcoin join their ranks. Mixers exist anyway, and they're easy to use for the most part. In a sense, Bitcoin is only as anonymous as you want it to be, which lets it cater to every need in effect.

On the other hand, P2P isn't as convenient as exchange trading, and an argument can be made that Bitcoin should be improved where it can. I don't necessarily lean that way, but I can see why some people may want fully anonymous transactions off the bat.

Lightning does make it harder to trace transactions though as far as I know, so this may all be moot at the end of the day.

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August 12, 2018, 02:58:02 AM
 #28

Blockchain technology is a technology that allows everyone to see each other's information, but they do not have access to or possess them. As more and more people use this technology, the security of blockchain becomes more and more difficult to crack.
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August 12, 2018, 05:42:30 AM
 #29

There is not chance for hackers to get through blockchain's security as of now. In future it might be possible if sufficient technology is invented but otherwise I don't see the possibility. Because, blockchain transactions are done through an address which is basically a serial number. Other parties can only track and see the numbers but don't get to what they stand for. So, it remains anonymous.
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August 12, 2018, 09:23:52 AM
 #30

bitcoin used the blockchain technology and i think this is secure. and bitcoin is anonymous because when we sent and receive bitcoin it is possible to hide the information. and in the hackers issue i want to say we can't stop them. we must be aware about scam.
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August 12, 2018, 09:49:50 AM
 #31

I have always believed that the data stored on the Internet is not secure, because hackers, system vulnerabilities, etc. will affect the data!

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Srujan007
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August 12, 2018, 09:53:00 AM
 #32

It depends on the algorithm and consensus mechanism you use to make it psuedo anonymous or completely anonymous.If consensus mechanism is perfect then it will be tamper proof.
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August 12, 2018, 10:02:51 AM
 #33

Blockchain technology is a very secure and open source technology with unbreakable program codes that makes nearly impossible to hack it. Blockchain technology is evolving and I think It will be developed with more strong utilities before the hackers make their way to its core baseline.
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August 12, 2018, 02:31:14 PM
 #34

Blockchain is the greatest platform to avoid third party that’s mean be anonymous. And that has both side positive and negative. There no third party to follow you`
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August 12, 2018, 06:22:59 PM
 #35

I would say that blockchain is pseudo-anonymous which means that, a person will be tied to a public Bitcoin address, but it is impossible to find out actual name or address. So, in blockchain anyone can check the transactions but, one can only get to know if there is a person linked to the Bitcoin address but cannot get to know what each address stands for.
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August 13, 2018, 01:21:46 PM
 #36

I think blockchain technology is very secure and almost anonymous. Blockchain technology is best known for both it,s secure and blockchain for anonymous make sure that we do not lose our privacy is the blockchain technology. However, the bitcoin blockchain is public and distributed to nodes and miners all over the world. Bitcoin is not anonymous and creates a permanent record of transactions that occur.

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August 29, 2018, 08:48:47 AM
 #37

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
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August 29, 2018, 06:01:38 PM
 #38

I don't know about bitcoin blockchain but I read that monero blockchain very anonymous and you won't know who sent money and who received them
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