Why Bitcoin Transactions are Anonymous

in #cryptocurrency6 years ago

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Everybody knows that bitcoin isn’t fully anonymous.
When you use Bitcoin to pay for goods and services, you will of course need to provide your name and address to the seller for delivery purposes. Here your anonymity ends.

This means that a third party with an interest in tracking your activities can use your visible balance and ID information as a basis from which to track your future transactions or to study previous activity. In short, you have compromised your security and privacy.

A mixing service can be used to mix one's funds with others' or with MIXER's reserve, with the intention of confusing the trail back to the funds' original source. Mixing helps protect privacy, - mixing illegally obtained funds. After laundering, the funds appear legitimate.

Mixer`s site used to avoid compromising of privacy and security. Mixing services provide to periodically exchange your bitcoins for different ones which cannot be associated with the original owner.

Choose your Bitcoin mixer and protect your anonymity via mixer

Links:

https://anon.to/?http://bitcoin-mixing.com/analysis.html
https://en.bitcoin.it/wiki/Category:Mixing_Services
https://en.bitcoin.it/wiki/Bitmixer.io

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Interesting. People claiming that Bitocin is fully anonymous are so wrong. Everything is on the blockchain. Even the police where I'm from have claimed that they would rather criminals to use cryptos than cash. They have more control over adresses then cash

yes bro u r right but its nearly impossible to trace thoe its on blockchain