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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Understanding Cryptocurrency: Anonymity in Blockchain and Altcoins

Understanding Cryptocurrency: Anonymity in Blockchain and Altcoins

Paperback

Business General

ISBN10: 1984117335
ISBN13: 9781984117335
Publisher: Createspace
Published: Jan 24 2018
Pages: 44
Weight: 0.16
Height: 0.09 Width: 5.98 Depth: 9.02
Language: English
Everyone knows that you can buy cryptocurrency without any ID or income statement. However, not many people know that not all altcoins are equally anonymous. A new book by Scott S. Bergman fully reveals the topic of anonymity in the blockchain and altcoins.


Transaction anonymity is one of the main reasons for the popularity growth of blockchain technology and a serious advantage of the digital currency in comparison with fiat money. Bitcoin creator, Satoshi Nakamoto, argued that Bitcoin is an anonymous currency. But by anonymity, he probably meant private. No specific data about you is needed. Meanwhile, the history of all your transactions is stored in the blockchain, and, sooner or later, your wallet and your identity could be linked.

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