The extra transactions tied to a specific tackle, the much less the privateness. Therefore a necessity for people to make use of Hierarchical Deterministic (HD) Wallets that generate a unique tackle for receiving every transaction..
Have a look at problem issue and word 14TYdpodQQDKVgvUUcpaMzjJwhQ4KYsipa. Then take a look at 14TYdpodQQDKVgvUUcpaMzjJwhQ4KYsipa. With the instance, it seems like Pieter Wuille (aka Sipa) has acquired nearly 10 BTC, however at present has 0.1 BTC in his pockets – in all probability not price a mugger’s time. Observe that each transaction is public data, contains dates and quantities spent.
Here’s a quick checklist of applied sciences which might be principally complementary for bettering privateness:
- Hierarchical Deterministic (HD) Wallets – improves privateness through obfuscation
- TOR or I2P – reusable community and utility anonymity, confidentiality applied sciences
- CoinJoin, CoinMarket, CoinShuffle, CoinSwap – payer/sender anonymity
- Ring Signatures – payer/sender anonymity
- Stealth Transactions – payee/recipient confidentiality
- BIP 47
- Confidential Transactions – spender & recipient confidentiality
- ZKCP (Zero Information Contingent Cost) – trusting transactions with out third events
- ZK-SNARK (Zero Information Succinct Non-Interactive Arguments of Information) – bleeding edge
The appliance of stealth addresses (#5) or BIP 47 (#6) may have improved Sipa’s privateness, however few wallets at present assist such capabilities.
