Blockchain is not private

[LeoEspansq]

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.

[demenBTC]

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 .

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

[kaisa]

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.

[Rituvohra01]

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

[rosemary4u]

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.

[Alfred Perry]

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.

[bradshe1]

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.

[memecoin]

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  .

[Stac]

          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.

[MainIbem]

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.

[larkinvain]

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.

[Hivalley]

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

[Conasse]

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

[mktcollier]

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/

[Nasonn]

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.

[aryaadikariyansyahsuwarto]

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 ..

[aray80]

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

[karsy]

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.

[mekie]

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. 

[mweezy]

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.