Subj : Bitcoin's Blockchain : Zero Privacy
To   : All
From : warmfuzzy
Date : Wed Apr 12 2023 23:18:24

It seems to me that the underground markets such as SilkRoad on TOR (The Onion Router) have been using BitCoin without really understanding the underlying technology.  If I were to buy some illegal material from one of the Darknet's illegal marketplaces, I may think that Bitcoin is secure as its called a "crypto-currency."  However, nothing could be further from the truth, at least for the most part.  Every transaction of Bitcoin is put on a ledger, called the Blockchain.  For *every* single transaction using Bitcoin the record of the trade is written in the Blockchain, and that chain has no end.  Transactions will forever be written in stone as it were.  So buying from an illegal marketplace using Bitcoin will work in getting you your drugs right away, however someone with enough research can find out who you are.

There are several other crypto-currencies that can be used in place of Bitcoin, but their adoption for use has been slow.  My personal favorite is Monero, which can be examined in Sp00knet's Monero message area.

Cheers!
-warmfuzzy

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