not_IO@lemmy.blahaj.zone to Microblog Memes@lemmy.worldEnglish · 2 months ago17 years*lemmy.blahaj.zoneimagemessage-square13linkfedilinkarrow-up10arrow-down10file-text
arrow-up10arrow-down1image17 years*lemmy.blahaj.zonenot_IO@lemmy.blahaj.zone to Microblog Memes@lemmy.worldEnglish · 2 months agomessage-square13linkfedilinkfile-text
minus-squaresurewhynotlem@lemmy.worldlinkfedilinkEnglisharrow-up0·2 months agoHow do you anonymously pay for things when the ledger is public?
minus-squareclb92@feddit.dklinkfedilinkEnglisharrow-up0·2 months agoThe ledger being public doesn’t necessarily mean anyone knows who “13LPtD4GG1XX7fgrze6xMR5V284rRQg9jv” is. But yeah, you can of course track the movement of funds, and make educated guesses on which addresses belong to who.
minus-squareBonsoir@lemmy.calinkfedilinkEnglisharrow-up0·2 months agoWhich is pseudonymous, and not anonymous. Unless we are talking about monero of course.
minus-squareFmstrat@lemmy.worldlinkfedilinkEnglisharrow-up0·2 months agoNot all crypto is the same. ZCASH uses an encrypted ledger. Monero combines transactions and redistributes to obfuscate.
How do you anonymously pay for things when the ledger is public?
The ledger being public doesn’t necessarily mean anyone knows who “13LPtD4GG1XX7fgrze6xMR5V284rRQg9jv” is. But yeah, you can of course track the movement of funds, and make educated guesses on which addresses belong to who.
Which is pseudonymous, and not anonymous. Unless we are talking about monero of course.
Not all crypto is the same. ZCASH uses an encrypted ledger. Monero combines transactions and redistributes to obfuscate.