BitCluster Claims To De-Anonymize Bitcoin users
The big question is whether or not this software can do the things it claims to do. There has been a lot of talk about Bitcoin and whether or not it is anonymous. Cryptocurrency experts will gladly point out Bitcoin is not anonymous, but rather pseudonymous. For those people interest in de-anonymizing cryptocurrency, however, BitCluster is a solution looking into. This tool has now been open sourced, and users can download the kit, as well as the database, from the website right now. Explaining what BitCluster does it not overly difficult, as this open-source tool is designed to analyze....
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A new blockchain service, BitCluster, is making it easier for people to snoop through the Bitcoin blockchain in search of information they are trying to find. BitCluster: The Bitcoin Deanonymizer. BitCluster claims to be the “Bitcoin Deanonymizer,” and according to the official site, it is an open source tool that analyzes all bitcoin transactions and regroups wallet addresses according to their incoming and outgoing transactions. This reportedly makes it easier to map out a person’s online activities through bitcoin no matter how many different public addresses are used. After running....
BitCluster, a tool for analyzing and mapping Bitcoin transactions data will make it easier for people to track incoming and outgoing transactions on Bitcoin wallets. Bitcoin transactions are not anonymous, but pseudonymous at best. The digital currency transactions on the blockchain can be tracked to wallet addresses to uncover the whole transaction history, thanks to the transparent nature of the Bitcoin blockchain. In spite of the availability of transaction history and wallet addresses, it has been difficult to associate the user identity to wallets until now. But all may soon change,....
A new open source Python-based tool called BitCluster may soon make it harder for Bitcoin users to stay anonymous. Motherboard recently talked with the two creators of the project, David Décary-Hétu and Mathieu Lavoie, who say the platform isn’t meant to help the authorities or those committing crimes. BitCluster Can Find the BTC Transaction Source.....
Users running a Tor exit node should steer away from using public DNS resolvers, though. Google and OpenDNS are very common solutions, but they pose a security risk. Over the past few months, there has been a lot of focus on the Tor project. Government officials are not keen on this anonymization software by any means. Researchers the KTH Royal Institute of Technology have come up with a way to anonymize Tor users. All it takes is monitoring the DNS resolvers used by individual Tor users. DefecTor, as this attack is called, uses the DNS lookups accompanying regular Tor network traffic.....
It's well known that bitcoin transactions are not anonymous. Every transaction and the full transaction history of any bitcoin address are permanently recorded in the tamper-proof public blockchain and open to analysis. A bitcoin addresses isn't explicitly associated to its owner, but blockchain network analysis can often de-anonymize bitcoin users. Bitcoin Magazine recently reported that two companies, Chainalysis and Elliptic, sell sophisticated blockchain network analysis tools and services to trace bitcoin transactions back to their participants, and de-anonymize users. Such services....