Blockchain
By Steven Anderson
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Bitcoin and significant Altcoins are continuing to oscillate in ranges. On Tuesday, the overall capitalization of crypto assets in circulation increased from $273 billion…
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Cryptocurrency mixers, also known as tumblers were on the news after the news about the European Regulators shutting down of such services.
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Those who were stakeholders in the platform stated that it was an overreach by the government.
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When discussing anonymity of the cryptocurrencies, Vitalik Buterin, stated that on-chain mixing service would be a solution for anonymization for those who are willing to keep…
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However, there is nothing called anonymous; it is pseudonymous. The transactions with cryptocurrency happen without the interference of a third party.
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When a third party is involved, the identity of both parties will be well-known to the third party validator.
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Blockchain forensics can help identify the true identity of the people involved in the cryptocurrency transactions.
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There are cryptocurrencies which provide with near-perfect anonymity. They obscure every detail of the transaction, including amount, address, and almost every aspect of…
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The transaction mixers are highly anonymous; they make use of high-anonymity consensus protocols like the zero-knowledge proofs (zk-SNARKs) to create complete obfuscation of…
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Cryptocurrency should be ultimately converted to fiat or conventional currencies by those who accept it or transact using it.
The Currency Analytics
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