Post
Topic
Board Bitcoin Discussion
Re: Can you hide your identity with bitcoin? (100%)
by
Tipstar
on 05/07/2020, 06:13:18 UTC
Both nodes and wallets use, leads to an ip address where information can be found.
Nodes knows the IP addresses of each other and it is possible for a node to predict the IP address for which a transaction has originated from but it is nowhere near accurate. For someone to be able to track this accurately, one has to connect to all the nodes within the network and that is impossible.

If that's possible for anyone, we could findout who is Satoshi Nakamoto and thus all the doubts about the creator/creators of Bitcoin might be revealed. As you say that one has to connect to all the nodes which is really impossible. But china produces the most of the hashrates of bitcoin networks, so it might be little possible to them to check/watch our transections, IMO. Also , it's just an hypothesis from myside.  Cheesy

IP addresses at a give time are your location so if you are using your own IP address than you are exposing your identity. But you can easily change your IP address to a random one using tor or a VPN. There would be not much they could track with a transaction but to stay safe, you should not leave any trail and links to the transaction and hence use a different wallet for sending and receiving coins each time.