Bitcoin is a decentralized digital currency that allows people to make anonymous transactions without the need for an intermediary such as a bank. Despite the transparency of its blockchain, Bitcoin ensures users’ privacy by using pseudonyms to hide their real identities. However, as the technology evolves, concerns around privacy have emerged, with governments and regulatory bodies pushing for stricter regulations to prevent illegal activities. The battle between privacy and transparency in the Bitcoin network continues to unfold, with both sides arguing for a better future.
The Liquid Network, launched by Blockstream in 2018, is a side chain solution built on top of Bitcoin. It functions as a separate blockchain but is pegged to the main Bitcoin blockchain. Liquid Network aims to address limitations of Bitcoin’s scalability and privacy. Therefore, it … Read further
A no KYC exchange is a bitcoin exchange that does not impose Know Your Customer (KYC) rules. KYC is a regulatory process that requires you to give personal identity information when opening an account on an exchange, such as government-issued ID, phone number, a selfie, … Read further
A P2P (peer-to-peer) Bitcoin exchange is a decentralized platform that allows you to buy and sell bitcoin directly with one another without the use of a third-party intermediary such as a bank or exchange. In this type of exchange, buyers and sellers can connect with … Read further
PayJoin (also known as “P2EP” or “Pay-to-EndPoint”) is a privacy-enhancing technique for bitcoin transactions. It is a type of CoinJoin transaction, which allows multiple users to combine their bitcoin inputs and outputs into a single transaction, thereby increasing privacy and fungibility. However, PayJoin goes one … Read further
VPN is an abbreviation for Virtual Private Network. It is a service that allows you to connect to the internet securely while also protecting your online privacy and security by establishing an encrypted tunnel between your device and the VPN server. When you connect to … Read further
CoinJoin is a technique used as a bitcoin anonymizer to enhance transaction privacy. It was first proposed in 2013 by Bitcoin developer Greg Maxwell as a way to improve Bitcoin users’ privacy. CoinJoin operates by combining several bitcoin transactions into a single transaction. This makes … Read further
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