Cryptocurrency Q&A
Can buying Bitcoin be traced?
Can buying Bitcoin be traced?
BonsaiBeauty
Thu Nov 28 2024
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7 answers
1681
I'm wondering if my purchase of Bitcoin can be tracked or traced by others, possibly due to privacy concerns or simply wanting to understand the anonymity aspect of cryptocurrency transactions.
7 answers
KimchiQueenCharmingKissWarmth
Sat Nov 30 2024
Cryptocurrency transactions possess a unique traceability feature.
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DaeguDivaDanceQueenElegantStride
Sat Nov 30 2024
This is achieved through the utilization of the blockchain technology.
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Chiara
Sat Nov 30 2024
The blockchain serves as a decentralized and public ledger.
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Michele
Fri Nov 29 2024
Every transaction that occurs on the blockchain is recorded in this ledger.
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Elena
Fri Nov 29 2024
The ledger is accessible to anyone who wishes to view it.
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