Use Coin Mixing Service to Make Your Bitcoin Transaction Private
The
advantage of cryptocurrencies in being decentralized was applauded when this
digital currency made its entry in real world. This was considered to be the
best way to make transaction without use of banking channel and without having
risk of theft for printed currency. Soon, its disadvantage was realized in the
form of risk adherent to its transaction as there was no one to take this
responsibility. Since the transactions are stored in blockchains, the digital
ledgers, the anonymity of user and identification of transaction by an outsider
is always at risk. This disadvantage raised question on the privacy aspect of
cryptocurrency which shocked bitcoin users because they couldn’t ensure privacy
of their transactions. When bitcoin is used for illegal transactions, privacy
could be the major issue.
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