BitCluster Bitcoin De-Anonymizer Presented at HOPE Conference
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,....
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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....
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....
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.....
At the Bitcoin 2022 conference in Miami, probably the most important panel presented was about global financial inclusion. To many, Bitcoin is not just something of monetary value, but the only technology that can be a tool for freedom, decolonization, autonomy, and peace. The discussion was moderated by the Human Rights Foundation’s (HRF’s) chief strategy […]
In this episode of "Fed Watch," the hosts presented a vision of the next year that only the Bitcoin space can offer. The post Bitcoin In 2021: A New Hope appeared first on Bitcoin Magazine.