Bitcoin's Privacy Gets 'Failing Grade' in 2016 Threat Report

MPmaster
MPmaster

Bitcoin's Privacy Gets 'Failing Grade' in 2016 Threat Report

"The Open Bitcoin Privacy Project (OBPP) published its latest study today, which explores the state of bitcoin privacy throughout 2016 and identifies key vulnerabilities in the ecosystem."

"The newest report identifies four major threats that confronted bitcoin users over the past year. These include the merging of co-owned funds into single transactions; the re-use of bitcoin addresses; the linking of network identity to a particular bitcoin address; and the linking of addresses together through network activity."

""Practical improvements to privacy have kind of stopped for the moment. Overall, I would give the industry a pretty failing grade.""

coindesk.com/bitcoins-privacy-2016-threat-report/

Seems like most people are catching on. BTC is on the way out and privacy-centric crypto is on the way up. If crypto will eventually replace fiat, Bitcoin certainly wont be the coin to do it.

All urls found in this thread:

coindesk.com/bitcoins-privacy-2016-threat-report/

Soft_member
Soft_member

ITS OVER!
SHUT

IT

DOWN!

PackManBrainlure
PackManBrainlure

seems like most central banks are being pushed by their actions to keep the printing festival

better talk trash about BTC and PMs

Snarelure
Snarelure

That's like saying internet privacy gets failing grade. Stop being a retard. Currency transactions shouldn't be anonymous anyways. That is only advantages for the corporations who are trying to get away wiith doing sketchy things.

haveahappyday
haveahappyday

Fiction transaction are easaf for anyo who has ever taken stochastic calculus. One if the easiest things to do is track so called "random" activity.

w8t4u
w8t4u

public ledger

idontknow
idontknow

So how does one stay off the map? say you use your identity to purchase the coin and then push it all to a downloaded wallet without attachment to identity. Would merely making transactions through a proxy stifle the network identity bit?

Gigastrength
Gigastrength

put it through a mixer and send it to a new address

gets obscured mostly.

idontknow
idontknow

send it to several new addresses more like so that the total output don't match the total input from the dirty wallet.

Flameblow
Flameblow

BTC is on the way out and privacy-centric crypto is on the way up. If crypto will eventually replace fiat, Bitcoin certainly wont be the coin to do it.
t. nervous banker

LuckyDusty
LuckyDusty

Bitcoin will get more and more private. Currency transactions should of course be private, only state cucks think otherwise.

We will get confidential transactions and mimblewimble making bitcoin as anonymous as it gets.

Playboyize
Playboyize

If you want privacy use monero

AwesomeTucker
AwesomeTucker

Why would anyone use crypto for anything other than privacy?

Crazy_Nice
Crazy_Nice

Buy BTC. Exchange it for Monero. Use tor and send Monero around. Use tor and exchange Monero for BTC.

Evil_kitten
Evil_kitten

to cut out middlemen and banks from your transactions

Carnalpleasure
Carnalpleasure

Why? There are zero benefits for consumers, only businesses benefit.

Sharpcharm
Sharpcharm

to cut out middlemen and banks from your transactions
bitcoin transactions are already more expensive than bank wires. this will only get worse.

Skullbone
Skullbone

More like t. Zcash/monero shill

BlogWobbles
BlogWobbles

t. Bitcoin shill clinging on to his obsolete technology

StrangeWizard
StrangeWizard

motherfuckers are you retarded?

Need_TLC
Need_TLC

Not an argument

PurpleCharger
PurpleCharger

bitcoin goes up ten percent in a week
hurr short it bitcoin is finished Drumpf btfo

Disable AdBlock to view this page

Disable AdBlock to view this page

Confirm your age

This website may contain content of an adult nature. If you are under the age of 18, if such content offends you or if it is illegal to view such content in your community, please EXIT.

Enter Exit

About Privacy

We use cookies to personalize content and ads, to provide social media features and to analyze our traffic. We also share information about your use of our site with our advertising and analytics partners.

Accept Exit