QUOTE(xmlgold.eu @ Sep 8 2016, 10:28 PM)
How to Protect and Secure Your Identity?
The Bitcoin was designed and established as an anonymous and decentralized currency. But transactions and dealings are never truly indeed anonymous, for the transactions and dealings were being recorded and accessible onto the Blockchain in which is distributed ledger which keeps and shelters a record of every single Bitcoin transactions and dealings.
At the moment that you use the Bitcoin to pay and compensate for the goods and services, you need and require on providing your name and your address to the seller for every single delivery purposes. In which this means that a third party can trace your transactions and dealings and find the ID information and details. This is the reasonable caused that why there are such services as the Bitcoin mixer, just for an example in which that allocates and allows you to exchange your Bitcoins for different ones that which cannot be linked and associated with the original owner.
As the Bitalo Owner, Martin Albert told and further explains the issue, “You cannot overcome and trounce the general principles and ideology of the Bitcoin network in which that means in the very end you can only make it very complicated and thorny to track and trace at the same time the individual coins, but still you can be able to track and trace every coin back to the block where the coin was being mined.”
The next question that appears to be is that what is CryptoMixer? And one of these certain platforms is a CryptoMixer. In which comes from and asked by someone in the panel of his interviewer.
Then Martin Albert answers confidently, “We do not trace and track the source and roots of the funds. The one who has signed and the owner of the transaction are considered to be the valid owner of the coins. And the thing is we are responsible and liable for is providing you with a good, safe and secured mixing algorithms and making your experience as fast and yet reliable too.”
The CryptoMixer is rather different and dissimilar from the Bitmixer, in which it has a mobile version of the website and an attractive affiliate program offered. It is also preparing and yet also getting ready to launch and came out an Altcoin mixing feature and attribute.Read the full article here: https://xmlgold.eu/en/news/article/253
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