How a 27-year-old busted the myth of Bitcoin’s anonymity
How a 27-year-old busted the myth of Bitcoin’s anonymity
Once, drug dealers and money launderers saw cryptocurrency as perfectly untraceable.
Once, drug dealers and money launderers saw cryptocurrency as perfectly untraceable.
Bitcoin is, fundamentally, a publicly accessible ledger of every transaction ever made with the currency. It's basically the most anti-anonymous way to run a currency imaginable.
People have just been hedging their bets on authorities not knowing how it works, which is increasingly not the case.
Is the age shocking because young for "societal accomplishments" or old for "tech genius"?
Right? I think I'm missing the significance of the person's age.
I don't think anyone ever assuming Bitcoin was untraceable.
Reading the article I think it's obvious to us now, but the paper was posted 11 years ago and people definitely thought they were anonymous then!
All transactions are in fact intentionally public.
This is why Monero exists.