Post
Topic
Board Wallet software
Re: WasabiWallet.io | Open-source, non-custodial Bitcoin Wallet for desktop
by
hZti
on 22/06/2022, 13:07:20 UTC
Then read the Bitcoin white paper again, section 10 Privacy. It states:

Quote
The necessity to announce all transactions publicly precludes this method, but privacy can still be maintained by breaking the flow of information in another place: by keeping public keys anonymous.

A Coin Mixer can benefit this goal, since through exchanges it is possible that you can actually decrypt the owner of a public key. Coin Mixing prevents that.

What does even "decrypt the owner of a public key" mean? Your public key exposed when you spend your Bitcoin. Besides, Bitcoin was never anonymous to begin with. Bitcoin is only pseudonymous.

IF i hold coins in my adress nobody knows who I am. If i send only 1 satoshi to an exchange then at least the exchange does know who is the owner of the full balance of the adress and can from this point also track what I do with these coins. The owner is from this point exposed.

If you read the quote I posted (that is from satoshi himself) you can see that he states that the owner of the public key needs to be kept anonymous.