Some Measure of Anonymity
As world governments, corporations and individuals create and employ new surveillance technologies there will always be situations where privacy and discretion are of the utmost importance, especially in financial matters. Bitcoin is commonly referred to as an anonymous currency, but that's not inherently true and the technicalities of the issue have....
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Whirlpool gives a certain level of privacy when using bitcoin, and forward-looking anonymity sets are a measure of how well hidden you are.
The latest breed of X11-driven cryptoassets is challenging the popular concept of anonymity in cryptocurrency – and Global Denomination (GDN) is at the forefront of the space’s latest features. The X11 algorithm, also known as chained proof of work, was first introduced with Darkcoin earlier this year, and has since spawned a cluster of peers all striving to evolve the technology in different directions for various uses. Whereas Darkcoin’s genesis was based on the desire to provide new levels on anonymity, however, GDN’s developers argue the opposite. Their coin, dubbed “anti-anonymous",....
Another day, another banker, another ignorant jab at Bitcoin. This time it's Steven Englander of Citibank, America's third largest TBTF zombiebank. Mr. Englander wisely steers clear of attacking Bitcoin on the basis of made-up numbers, instead relying on rhetoric. He writes (and I comment) as follows: The libertarian streak in me likes the anonymity of Bitcoin transactions, but there is a rational part of me that asks whether that aspect is essential if I am paying for a latte in Soho. Similarly if the Bitcoin wallet can be made more secure by dropping anonymity, how many transactors will....
Using bitcoin over the anonymity network Tor leaves users at greater risk of having their identities revealed, according to academics at the University of Luxembourg. If that seemingly paradoxical finding isn't enough to scare privacy-loving bitcoiners, the researchers also determined that an attack could be mounted on an "economy" budget of just $2,500 a month. Such an attack could expose the identity of a bitcoin and Tor user, and allow the attacker to meddle with the victim's transactions, they said. Ivan Pustogarov, one of the two researchers working on the issue, explained: "The....
The regulatory debate of cryptocurrencies is a sensitive matter for the cryptocurrency community. When Mike Hearn, Chair of the Bitcoin Foundation's Law & Policy committee, proposed a "brainstorming" on the possible merits of blacklisting addresses, there was a backlash at the very idea of having such a debate, but lawmakers and academics are constantly giving speeches and publishing papers on the legal implications of cryptocurrencies with particular emphasis on its anonymity or pseudo-anonymity features. Anonymity or pseudo-anonymity is a core feature of Bitcoin, the most prominent....