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The blockchain technology is much more than Bitcoin and mining and trading cryptocurrencies. It can be leveraged in a wide…

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Tag: Confidential Transactions

Crypto’s Quest for Privacy: Elements Project Introduces Confidential Transactions

Category: News, Tech

Crypto’s Quest for Privacy: Elements Project Introduces Confidential Transactions

Although one of Bitcoin’s most important features is the ability to preserve a level of anonymity, it is essential to note that it is pseudonymous, and not necessarily totally anonymous. By default, Bitcoin uses a public blockchain method to process transactions. Since the transactions are publicly available for inspection, purchase amounts can be traced back to certain bitcoin wallets and,…

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