So my understanding is, you have a wallet, that wallet has a hash ID and thus is basically anonymous. But if someone connects that ID to you, you aren't anonymous anymore.
I heard you should use a new wallet for every transaction. But if I send money to the new wallet from my personal wallet, won't that be on blockchain forever? Thus making it identifiable? Or if I send euros/dolars to my new wallet, won't that connect me to the new wallet?
2 Comments
Rivalarrival@lemmy.today · 8 pts · 1y
The two wallets will forever be connected, sure. But, are they connected as two wallets belonging to the same person, or are they connected as a buyer and a seller?
Bitcoin is not inherently anonymous. Quite the reverse: Every transaction is deliberately public.
revv@lemmy.blahaj.zone · 5 pts · 1y
MolecularCactus1324@lemmy.world · 4 pts · 1y
thermal_shock@lemmy.world · 1 pts · 1y
They're not. Everyone can see transactions and can absolutely follow the money and find you if they tried hard enough.