Privacy
The ability to transact without revealing sensitive information about identity, balances, or counterparties.
Privacy in cryptocurrency blends technical measures and good practices: avoiding address reuse, using wallets with coin control, and preferring protocols that minimize metadata leakage.
"CashFusion on BCH helps break transaction linkages; combining it with fresh addresses and coin control improves privacy."
Chain analysis, reused addresses, and KYC’d endpoints can deanonymize flows. Mitigations include mixing, avoiding centralized re-tagging, and using non-custodial tools.
"Sending fused coins directly to a KYC exchange can link them to your identity; consider intermediate steps consistent with local laws."
Related Terms
CoinJoin
→A privacy technique that combines multiple users’ inputs and outputs in a single transaction.
JoinMarket
→JoinMarket is a CoinJoin implementation that coordinates makers and takers to create collaborative Bitcoin transactions improving privacy.
Hashed Time-Locked Contract (HTLC)
→An HTLC is a contract that escrows funds with a hashlock and a timelock, enabling trust-minimized atomic payments across channels or chains.
Privacy Coins
→Cryptocurrencies that prioritize secure, private, and anonymous transactions through specialized cryptographic techniques.
All terms and definitions may update as the Cryptionary improves.
