I want to know if it's possible to trace the identity of people who have purchased Bitcoin. Can transactions on the
Bitcoin network be tracked to reveal the buyers?
7 answers
MountFujiMystic
Fri Dec 20 2024
Cryptocurrency wallet addresses, such as those used for Bitcoin, possess a pseudonymous nature.
SumoPowerful
Fri Dec 20 2024
By analyzing the chain of transactions, it may be possible to gather indirect information about the wallet owner.
Margherita
Fri Dec 20 2024
This means that the addresses themselves do not openly disclose the identity of the individual or entity that owns the wallet.
CryptoVanguard
Fri Dec 20 2024
The level of anonymity provided by these addresses is a significant aspect of the appeal for many users of cryptocurrencies.
CryptoProphet
Fri Dec 20 2024
Despite this anonymity, it is technically feasible to track and scrutinize transactions that occur on the blockchain.