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How a 27-Year-Old Codebreaker Busted the Myth of Bitcoin’s Anonymity (www.wired.com)

submitted 10 months ago by kalkulat@lemmy.world to c/technology@lemmy.world

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"This is the story of the revelation in late 2013 that Bitcoin was, in fact, the opposite of untraceable—that its blockchain would actually allow researchers, tech companies, and law enforcement to trace and identify users with even more transparency than the existing financial system."

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[–] thecookingsenpai@lemmy.world 14 points 10 months ago (8 children)

There should be more education on the difference between "privacy being available if you look for it" VS "privacy being ensured since the beginning and forever no matter what"

Spoiler: the last one does not exists

[–] prole@sh.itjust.works 2 points 10 months ago (1 children)

Spoiler: the last one does not exists

Maybe technically... But we've come up with some pretty ridiculous cryptography schemes that would take billions of years to crack.

[–] thecookingsenpai@lemmy.world 1 points 10 months ago

You would be surprised in finding out that the majority of blockchains out there aren't Quantum resistant, tho (elliptic curves being the reason mainly but I am not an expert)

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