Cryptocurrency Q&A Can Litecoin be traced?

Can Litecoin be traced?

CherryBlossomPetal CherryBlossomPetal Wed Dec 04 2024 | 5 answers 883
I am wondering if Litecoin transactions can be traced. I know that some cryptocurrencies offer anonymity, but I am not sure if Litecoin provides the same level of privacy. Can someone track Litecoin transactions? Can Litecoin be traced?

5 answers

Maria Maria Fri Dec 06 2024
This is due to the fact that these blockchains are public ledgers, meaning anyone can access and view the transaction history.

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Sebastiano Sebastiano Fri Dec 06 2024
By using a specific address, one can see all the transactions associated with it.

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LitecoinLodestar LitecoinLodestar Fri Dec 06 2024
However, simply knowing the transaction history does not reveal the identity of the owner.

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Silvia Silvia Fri Dec 06 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet. These services cater to the needs of crypto traders and investors.

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Paolo Paolo Fri Dec 06 2024
Transactions on blockchains such as Bitcoin and Litecoin can indeed be traced.

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