Cryptocurrency Q&A
Is Bitcoin wallet public?
Is Bitcoin wallet public?
CryptoLegend
Mon Dec 23 2024
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7 answers
1121
I'm interested in Bitcoin wallets and have a question about their privacy. Specifically, I want to know if a Bitcoin wallet is public or not. Can anyone see my transactions or balances if they know my wallet address?
7 answers
Valentina
Wed Dec 25 2024
This means that while users are not required to provide their real identities, they are assigned unique public addresses.
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Carolina
Wed Dec 25 2024
These public addresses serve as identifiers for transactions and holdings.
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KDramaLegendary
Wed Dec 25 2024
Consequently, anyone who knows your public address can view your transaction history and current holdings.
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Federico
Wed Dec 25 2024
The Bitcoin and Ethereum networks operate on a principle of pseudonymity.
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Valentino
Wed Dec 25 2024
This level of transparency is a fundamental aspect of the blockchain technology that powers these cryptocurrencies.
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