Electronic currency (bitcoin anonymity )

Bitcoin is a currency that can be compared to other currencies such as the dollar or the euro, but with several fundamental differences, most notably that this currency is a fully electronic currency trading online only without a physical presence. They are different from traditional currencies with no central regulatory body behind them, but can be used as any other currency to buy online or even convert them into traditional currencies.

It is considered to be a cryptocurrency, meaning that it is primarily based on the principles of encryption in all its aspects. It is also the first and most famous currency, but it is not the only encryption currency currently on the Internet. There are currently at least 60 different cipher [1] currencies, including at least 6 currencies that can be described as primary [2] depending on the number of users and the structure of each network, as well as the places where these citations can be exchanged and bought for other currencies. With the exception of the Ripple [3] currency, all current CFDs are based on the principle of the currency of the currency itself, since an open-source currency can be reproduced and modified and then a new currency is launched.

A person who called himself the symbolic name of Satoshi Nakamoto put forward the idea for the first time in a research paper [4] in 2008, describing it as an electronic monetary system that relies on peer-to-peer, Direct dealing between one user and another without a broker. The purpose of this currency, which was first floated in 2009, [5] is to change the global economy in the same way that the Web has changed the methods of publishing, [6] In 2016, Australian businessman Craig Stephen Wright announced that he was Satoshi Nakamoto in advance of technical evidence on it but his evidence was easily revealed.

To ensure that the conversion process is good, it allows you to maintain a log of accounts in which all actions on the network are called block chain. All nodes on a network share this record through a system based on the Batkin protocol. A string of blocks contains all the actions that were performed using btc, which allows you to know the balance each address has on this network. This concept is called a description of the chain of interconnect between the blocks, where each block contains the cluster haze that precedes it and continues to reach the first block called the "genesis block". Configuring the string in this way makes the task of changing a block after a certain period of time difficult to create. The change of any block requires changing all subsequent blocks because of the need to recalculate each block to update the previous cluster hash value. It is this property that makes the problem of recurrent spending for the same currencies extremely difficult for Batkin; the chain of blocks can be considered the backbone of which the coin can not stand without it

It is common knowledge that the currency of the house is highly confidential. In principle, it is true that all you need to send some of the petquins to someone else is his address. However, since every conversion is recorded in the KFH register, although you do not know the identity of the owner of any address, you can know how many bytes are in your possession and what addresses you have sent your home to. If someone has explicitly declared that they have certain addresses, you will be able to find out what addresses they sent to your home and what addresses they sent to your home. Detecting your Bitquin address is not excluded, as you will need to give it to others if you need to send some money to it. Different addresses are recommended for different conversions to maintain a certain level of anonymity, although there are many who do not. Technically, the source of some suspicious operations on a network is still possible. Traceability can be traced back to a well-known address, where it is sufficient to perform counter-checks to reach the suspicious account holder. It is true that the amount of data on all conversions is huge, but the power of computers is increasing and the traceability of these processes is very high. It is even more obvious that tracking petty thefts is much easier than tracking money theft on its paper body.
Currently, the owners of the PeteChoen coins have little choice to spend their money through, which makes some of them replace them for traditional currencies. This is usually done through special platforms where the pitcoins are replaced with other users. It seems that if governments want to know the identities of some account holders, they only have to codify transfers instead of preventing them. It will be possible to know the name of the owner of each account as soon as he wishes to exchange his holdings for conventional currencies. Stolen money

betcoin is described as a numerically anonymous coin, meaning that it does not have a serial number or any other means of any kind that allows tracking what has been spent to reach the seller or buyer, making it a popular idea for both privacy advocates or vendors of illegal goods Such as drugs) online alike.
You use Peer-to-Peer, e-signature and encryption between two people directly without intermediaries. Money goes from one user account to another instantly, without any transfer fees and without passing through Any banks or intermediaries of any kind whatsoever. This service is also available worldwide and does not require complicated requirements or things to use. When you get the coins are stored in an electronic wallet. It is possible to use these currencies in many things, including the purchase of books and gifts or things that can be purchased through the Internet and converted to other currencies such as the dollar or the euro.

The portfolio is a confidential and secure personal and varies according to the banks. However, the goal is to save the personal balance of the mint currency. It gives you a code of composition, which is an encrypted group composed of letters and numbers to receive the currency of minting when buying this currency.