Ultimate Satoshi on Nostr: 150. bitcoin and data security Bitcoin transactions are pseudo-anonymous, which means ...
150. bitcoin and data security
Bitcoin transactions are pseudo-anonymous, which means that although transaction details are recorded on the blockchain, the identities of the parties involved are not necessarily revealed.
This offers better protection of personal data than traditional banking systems, where every transaction is associated with personal identity information and can be monitored by financial institutions.
As a result, Bitcoin is becoming an attractive choice for those seeking to protect their online privacy.
#studybitcoin
Bitcoin transactions are pseudo-anonymous, which means that although transaction details are recorded on the blockchain, the identities of the parties involved are not necessarily revealed.
This offers better protection of personal data than traditional banking systems, where every transaction is associated with personal identity information and can be monitored by financial institutions.
As a result, Bitcoin is becoming an attractive choice for those seeking to protect their online privacy.
#studybitcoin