Blockchain and Anonymity—Fact or Fiction?

Hi all, I’ve been intrigued by blockchain’s reputation for providing anonymity, but I’ve also heard people argue that it’s not as anonymous as it seems. How do blockchains actually hide user identities and transaction details? Are there specific platforms or methods that are better for complete anonymity? Would love to hear your thoughts or see recommendations for resources.

There is always a misconception between anonymity and blockchain. Most blockchains are pseudonymous: they hide real names but not their trail of transactions; however, there are platforms such as Monero, which take it a notch further than this. Monero uses privacy-focused features like ring signatures, stealth addresses, and confidential transactions to ensure anonymity to the utmost. For an in-depth analysis, I would recommend this write-up from https://tweakyourbiz.com/posts/how-moneros-blockchain-ensures-complete-anonymity. It explains Monero's approach to anonymity and compares it with other platforms. For those who already prioritize anonymity, this surely is a must-read.

I’ve been curious about this topic as well, so this thread is super helpful. The link you shared seems like a great resource—I’ll definitely give it a read. It’s impressive how blockchain platforms like Monero are pushing the boundaries of privacy. Excited to see how this evolves!

Hi! Blockchain can indeed offer a level of anonymity, but it should not be considered completely anonymous. Some blockchains, such as Monero or Zcash, use special methods for improved privacy. For better anonymity, it is worth choosing such platforms and using additional tools, such as VPN.