🕵️ Lesson 21: Anonymity vs Transparency 🔍
Blockchain is like a public ledger: every transaction is visible, but the identity of the sender is pseudonymous 🧠
💡 How does it work?
• 📜 All transfers are recorded forever — anyone can see them
• 🧑💻 But addresses are just strings of characters, without names, passports, or photos
• 🔎 You can trace 'where the money went', but not 'who sent it'
🔐 Decentralization ≠ Privacy
• dApps (decentralized applications) — open and transparent
• Private coins ($ZEC ,$XMR ) — hide amounts and recipients
• Different goals: one — for open systems, the other — for confidentiality
🧩 Conclusion
Blockchain is a transparent system with pseudo-anonymity.
Want complete privacy? Look for coins where this is part of the technology 🛡️