I heard that
Bitcoin transactions are anonymous and cannot be traced. I want to know the technical reasons behind this. Why is it designed to be untraceable? How does it achieve this level of privacy?
6 answers
IncheonBeautyBloomingRadianceGlow
Thu Dec 26 2024
The records are accessible to anyone who wishes to view them.
Sebastiano
Thu Dec 26 2024
Bitcoin functions on a public ledger system in practice.
Elena
Thu Dec 26 2024
All transactions conducted using Bitcoin are recorded in this system.
BlockchainWizardGuard
Wed Dec 25 2024
This characteristic of Bitcoin grants it pseudonymity.
Pietro
Wed Dec 25 2024
Your transactions are associated with a wallet address, not your real name.