1
Bitcoin and Safety (lemmy.zip)
submitted 1 month ago by to c/bitcoin@lemmy.ml
14 comments fedilink hide all child comments
 

As users, do you feel secure with the use of blockchain to protect your privacy?

*Blockchain: decentralized digital ledger which records transactions worldwide. It is transparent (anyone can enter) and it does’t have a central authority (banks are central authorities). Within each chain of blocks there’s a transaction data, timestamp and cryptographic hash (unic fingerprint).

you are viewing a single comment's thread
view the rest of the comments
[–] 1 point 1 month ago (1 child)

You have a totally public wallet with your entire transaction history visible. If you mine fresh coins and never spend them, sure you have a defensible claim to some privacy - if you ever transact then you have no privacy.

Any single transaction will tie your entire wallet history to your identity.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] -1 points 1 month ago* (1 child)

    Tell me you have no idea how bitcoin works without saying you have no idea how bitcoin works.

    Edit: Hey guys don't panic but I think I found RFK Jr's Lemmy account.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 1 point 1 month ago (1 child)

    Tell me you have no idea how bitcoin works without saying you have no idea how bitcoin works.

    I scoured this conversation for any proof of work, or crypto note, but I couldn't even find coherence for self-consensus, the raft is adrift fated to never reach quorum.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 0 points 1 month ago

    Nice. You can word masturbate all you want. Doesn't change the fact that you're wrong, demonstrably so, and so this just makes you look dumb to anyone who understands.

    You're an absolute clown show 😂

  • permalink
  • fedilink
  • source
  • parent