Models of #blockchain #privacy
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Source: PexelsGiven that blockchain transactions are pseudonymous, not anonymous, and that blockchains themselves are transparent, numerous protocols exist for the incorporation of greater privacy to protect individuals from those seeking to connect them with their transactions. It goes without saying that the motives behind this include facilitating protection from legal entities, but also the desire to grant individuals privacy from those who might wish to steal funds or identify those with large holdings for the purpose of solicitations or more serious crimes. With that in mind, not all privacy protocols are alike. There are different methods to achieve the goal at hand — namely obscuring transaction histories to the point where tracking someone’s balance history becomes prohibitively (...)