Hey, tech guys. Could you explain me difference between "pr…
Hey, tech guys.
Could you explain me difference between "private" and "anonymous" in blockchain?
In my understanding.
private = traceable, but not in public.
anonymous = not traceable at all.
Replies
The by law required traceability associated with “money” is separated from identity in Bitcoin making it private rather than anonymous like you say.
Thank you!
This means in the future you probably will have to link your identity to your addresses to be considered trustworthy. There will be a risk associated with handling transactions privately since no one wants money that might have been involved in any crime.
BSV is private, BCH is anonymous. LoL.