Post
Topic
Board Bitcoin Discussion
Re: Can you hide your identity with bitcoin? (100%)
by
Latviand
on 06/07/2020, 06:28:24 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

We don't have really any idea if Satoshi Nakamoto is a person or a group or just an alias to hide his identity. We are still not that good at looking for the real creator of this bitcoin, his anonymity is very effective and is hard to find out. Nodes can really track a person that do the transaction but that's not that easy, you also need to undergo other process to really find the exact person behind the transactions.

If that's the case?

It is still safe to make a lot of bitcoin transactions? Once people are engaging in bitcoin and they read this thread, hoping that they improve their security and become aware about the safety of their account every time they engage in bitcoin transactions.