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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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[-] eager_eagle@lemmy.world 1 points 10 months ago* (last edited 10 months ago)

But it wasn't deemed anonymous by anyone who read the bitcoin white paper from 2008. That's the point... that was never a myth to bust because anonymity was never a promoted feature of this chain.

this post was submitted on 19 Jan 2024

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