What about proprietary or Confidential Info?

1 answers
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What about proprietary or Confidential Info?
asked
What if I don't want my transactions or whatever to be transparent for just anyone to see?  I kinda start to panic when I read about my data being distributed to all these computers owned by other people and all the transparency and available for anyone to see. What if it's private stuff?

Expert Answers

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Hi Steven, your transactions can only be tracked back to you in case of you using the same address repeatedly to send/receive funds or if you are moving significantly large funds in one go. Most platforms allow you to generate a new address for a transaction so that’s one way of ensuring your transactions can’t be traced back to you. As for moving large funds, best to do via different generated addresses in parts or intervals.

Even if you use the same address, it is not easy to pin the transactions to you since there is no way to tie them to you as a person.

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