Is Cryptocurrency Traceable Or Should You Use A Privacy Coin
Is Crypto Anonymous? In short, cryptocurrency as a whole is not 100% anonymous. This is a common assumption but is nonetheless untrue. Let’s get into why this is the case. It is true that cryptocurrency can usually offer higher levels of privacy and security than traditional money. Cryptocurrencies exist on a blockchain, a ledger of both public and encrypted data. Blockchain technology uses cryptography to keep data safe, making blockchains incredibly difficult to take over or alter in cyberattacks....