Anonymity and Privacy

  • While cryptocurrency transactions are pseudonymous, they aren’t fully anonymous. For example, Bitcoin transactions are recorded on a public ledger, but the identities behind wallet addresses are not directly linked to individuals unless personally disclosed.
  • Some cryptocurrencies, such as Monero, Zcash, and Dash, focus on providing enhanced privacy features, using technologies like zero-knowledge proofs or ring signatures to offer more privacy for transactions.

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