Bitcoin is Not Completely Anonymous, a New Tool Reveals

Bitcoin is Not Completely Anonymous, a New Tool Reveals

Motherboard.vice.com:

Open source tool can map out Bitcoin payments
Source: Motherboard

Bitcoin is not anonymous. Anyone who has followed the dark web or the continuing regulation of the cryptocurrency should be familiar with that idea. If someone manages to link a real identity to a wallet—something that we’ve seen is possible — they can then follow other transactions around the public blockchain to see where else that person’s money has traveled. Now, researchers are releasing an open-source tool for grouping bitcoin transactions together in order to identify which belong the same entity, marketplace, or person. It doesn’t necessarily reveal the identity of the bitcoin user, but it can show details about someone’s bitcoin spending.“ (07/19/16)

http://motherboard.vice.com/read/open-source-tool-bitcluster-can-map-out-bitcoin-payments