Local Trade and Decentralized Exchange: Protecting Privacy When Moving in and Out of Bitcoin

How to buy Dogecoin

Author: 

Aaron van Wirdum

Bitcoin right now is not really anonymous. While Bitcoin addresses aren't necessarily linked to real-world identities, they can be. Monitoring the unencrypted peer-to-peer network, analysis of the public blockchain and know your customer (KYC) policy or anti-money laundering (AML) regulation can reveal a lot about who's using Bitcoin and for what.This is not ideal from a privacy perspective.

Tags: 

  • English
Source: https://bitcoinmagazine.com/articles/local-trade-and-decentralized-exchange-protecting-privacy-when-moving-in-and-out-of-bitcoin-1467133263