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Most transactions in the crypto currency market goes through the block chain system and blockchain has a ledger system so the capital and transactions are recorded
You are right, Monero, Dash, Zcash are all privacy coins. These coins are specially designed for no one to trace them easily, but other coins are traceable through their transaction ip. So many countries are against privacy coins because criminal minded people miss using them.I think some crypto currency are still trackable except from monero coin and dash coin which are more hard to track ,and most people actually have a lot of device they make use of in actually tracking crypto currency i think, so that's the mode and how it actually looks like i thinj
Your right,
You are right, Monero, Dash, Zcash are all privacy coins. These coins are specially designed for no one to trace them easily, but other coins are traceable through their transaction ip. So many countries are against privacy coins because criminal minded people miss using them.
Secured transaction This is the best and worst part of these privacy coins.terrorist groups transfer their money one to another securely. Even governments' secure security systems cannot trace these transactions. This is the one reason that so many countries' governments have not accepted crypto.I learned about private coins such as Zcash and Monero and how they cannot be traced. I think that if you want to make a secure transaction, then you could use such kind of coins.
That's one of the characteristics of cryptocurrency. It is a decentralized technology in which every transaction that is occurring in the blockchain network cannot be traced. The FBI or any other security agents will only be able to track your wallet address.. That's all .
Yes and no.Is it true that the senders or the receivers of cryptocurrency cannot be tracked at all? Cryptocurrencies are a kind of decentralized digital network and no single organization can control it. It is transferred digitally and no one can reveal the identity of the sender or the receiver. So is it not possible to track down the sender or receiver of cryptocurrency transactions?
Tether is a stable cryptocurrency and even with that I was still believing that it is a decentralized cryptocurrency since it has a blockchain technology in it. How sure are you that tether is not a decentralized cryptocurrency ?The issue is that not all the cryptocurrencies are decentralised. Some of them are centralised such as Tether. Some of them are decentralised such as Bitcoin and a few other major cryptocurrencies.
Tether is a stable cryptocurrency and even with that I was still believing that it is a decentralized cryptocurrency since it has a blockchain technology in it. How sure are you that tether is not a decentralized cryptocurrency ?
Well , even if it is a decentralized cryptocurrency or not , we don't usually use it for anything important . It is just to save our cryptocurrency from depreciation in case the market has to drop.Tether is not a decentralised cryptocurrency. Tether is a centralised cryptocurrency, as it is owned by a company known a iFinex. Such kind of cryptocurrencies are created by many corporations to boost business and revenues.