Hello!
so i recently heard about the deep web, how it uses bitcoin and how the transactions made there are anonymus. to my current understanding of bitcoin every transaction is written in the blockchain and is known and can be seen by anyone. so my question is where is the anonymus transaction written? and why can't you see it?
Main concept of anonymity in bitcoin transaction is that there is no way you can know which address belongs to whom. Like I have a bitcoin address if I dont disclose that I m behind that address no one will get to know that I am using this address. This is very helpful for people like me who dont wanna disclose there ID
One way for you to be identified is when your coin get into an exchange, you are a user will have to comply to KYC law before you can withdraw your funds. You can stay anonymous behind a wallet address until you need a fiat as well because banks or any other gateway will ask mandatory KYC again.
One way they do it is to use the mixers but I'm not sure this time because exchanges today are going freeze your account when they find out the BTC you sent has history. If you are going to deep web I think using the privacy coin like XMR will be safer for you.
The most common questions of the people now are what is deep web, how can we use the deep web and what kind of transaction happenings in the deep web. First, we are looking at what deep web is this a portal use to connect more in-depth into the internet world and on 9-10% of the information we are searching today. Still, the other percentage is we can seek inside the deep and dark web; this platform can only access by a different browser or application. Many people say this website Includes a lot of illegal things that we called now as a black market like anything you want to do is possible if you have a bitcoin. Bitcoin is the first coin of the deep and dark web; this is the commonly used currency as a payment for every transaction.