Is Bitcoin Anonymous?

DWQA QuestionsCategory: QuestionsIs Bitcoin Anonymous?
Editor Staff asked 3 weeks ago

Is Bitcoin Anonymous?

1 Answers
Editor Staff answered 3 weeks ago

No, bitcoin is not completely anonymous; instead, it is pseudonymous, i.e. every identity is tied with the fake name. It is because each user has a public address, and whenever there are financial transactions occur, the fraudsters will survive to trace that addresses.