I'm curious if it's possible to trace or track a
Bitcoin payment. With the rise of cryptocurrencies, I want to understand the transparency and traceability of these digital transactions.
7 answers
CharmedFantasy
Tue Dec 17 2024
Tracing crypto wallets is indeed possible.
CryptoVisionary
Tue Dec 17 2024
However, merely tracing the wallets does not reveal the actual owner.
Margherita
Tue Dec 17 2024
This can be achieved through the public transaction records available on the blockchain.
CoinMaster
Tue Dec 17 2024
The blockchain serves as a decentralized ledger that records all transactions in a transparent manner.
Giuseppe
Tue Dec 17 2024
By analyzing these records, one can trace the movement of cryptocurrencies between wallets.