Why Bitcoin Is Not Anonymous and How to Make It So with Bitcoin Mixer - Coindoo
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Why Bitcoin Is Not Anonymous and How to Make It So with Bitcoin Mixer

Editorial Team Avatar
May 2, 2019
3 min reading time

Is Bitcoin really anonymous? This is a question that has become far too common among users. As much as Bitcoin is seen as one of the most secure modes of transactions in terms of security, the question of anonymity will always come up.

Let’s take a step back to look at what Bitcoin really is. Bitcoin is one of the latest technologies based on blockchain. It is described as the future of money because of what it stands for.

Bitcoin is only about 10 years old but its market capitalization makes it seem so old. It has been well adapted by masses and continues to get to more and more people across the globe.

The only problem is that it’s not fully anonymous. It is described as pseudo-anonymous. With the increasing wave of crime based on the online realm, Bitcoin not being fully anonymous is a big concern.

There are several characteristics that make bitcoin not to be particularly safe:

The transaction

Every transaction involving Bitcoin takes place on a public ledger. There are two important parts of every transaction; the inputs and the outputs. These are the private and public keys.

Private keys are your passwords, while public keys are represented by your user name, which you can share. These parts together play a very important part in achieving transactions.

Once a transaction is completed and confirmed, it is saved on a public ledger which is a blockchain. Anyone can access a full blockchain and, if they are smart enough, they can track your transactions to your real life.

Any transaction can also be seen by prying eyes. Bitcoin-related services like exchanges are supposed to provide users’ information to the authority whenever it is needed. Therefore, they can see how many Bitcoins you have. This way, the government has the ability to keep an eye on your account.

You use your real information

When creating an account, need to input your real name. And when you purchase anything using bitcoins, you will be required to provide such sensitive information, including where you want the goods delivered.

Such information can be tracked. If it falls in the wrong hands, then you are in trouble. Even the online shops you buy from can be a threat.

Transacting from ATMs

Bitcoin ATMs offer a great solution to easy transactions with Bitcoin. But such areas have security cameras and surveillance. This exposes the users to possible dangers.

You can stay safe using Bitcoin Mixers

Bitcoin Mixing services are services that are dedicated to providing anonymity to Bitcoin users. They take your Bitcoins, mix them with someone else’s and send you new coins that cannot be tracked. The delay time you choose helps lose the track of anyone who might be tailing your transactions.


Bitcoin Mixers are becoming more and more common today. Thanks to the safety they offer, they are the best option for many. With a good service, you are sure to have safe transactions whenever you need them.

* The information in this article and the links provided are for general information purposes only and should not constitute any financial or investment advice. We advise you to do your own research or consult a professional before making financial decisions. Please acknowledge that we are not responsible for any loss caused by any information present on this website.
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