Reality in Bitcoin cash

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Avatar for mjmacmac1219
2 years ago

One reason for the growth in bitcoin’s popularity is the anonymity of its users. Although all transactions are recorded on a public ledger, only one’s public address is associated with the transfer’s one makes. One’s public address contains no identifying information in and of itself, and so as long as the public address is not associated with any identity, transactions remain anonymous. This anonymity has made bitcoin the currency of choice for the so called “darknet” websites that sell illegal commodities such as drugs and weapons. Since its closure, a number of new websites have emerged to take its place and have adopted the model of using bitcoin as a medium between buyers and sellers.

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