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.
Chain analysis, reused addresses, and KYC’d endpoints can deanonymize flows. Mitigations include mixing, avoiding centralized re-tagging, and using non-custodial tools.
Related terms
4 linkedExplore connected entries beyond the alphabetical index.
CoinJoin
→A privacy technique that combines multiple users’ inputs and outputs in a single transaction.
JoinMarket
→A non-custodial CoinJoin system for Bitcoin where makers and takers collaborate to improve transaction privacy.
Hashed Time-Locked Contract (HTLC)
→A contract that locks funds with both a hash condition and a deadline, enabling atomic swaps and routed payments.
Privacy Coins
→Cryptocurrencies that prioritize secure, private, and anonymous transactions through specialized cryptographic techniques.
All terms and definitions may update as the Cryptionary improves.
