CENTRAL LEDGER - MIXING SERVICE - HARDWARE WALLET - KYC -

in #steem6 years ago


CENTRAL LEDGER
a bitcoin wallet used in order to stores a user’s bitcoins offline on hardware devices.Source + Source
MIXING SERVICE
know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.Source + Source
HARDWARE WALLET
it has the potential to be used for money laundering. a mixing service (also known as a tumbler) preserves your privacy because it stops people tracing a particular bitcoin to you. a service that mixes your bitcoins with someone else’s, sending you back bitcoins with different inputs and outputs from the ones that you sent to it. Source + Source
KYC
a ledger that is maintained by a central agency.Source + Source


CENTRAL LEDGER
a ledger that is maintained by a central agency.Source + Source
MIXING SERVICE
it has the potential to be used for money laundering. a mixing service (also known as a tumbler) preserves your privacy because it stops people tracing a particular bitcoin to you. a service that mixes your bitcoins with someone else’s, sending you back bitcoins with different inputs and outputs from the ones that you sent to it. Source + Source
HARDWARE WALLET
a bitcoin wallet used in order to stores a user’s bitcoins offline on hardware devices.Source + Source
KYC
know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.Source + Source

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