One in Five Users May Abandon Bitcoin Because of Privacy Concerns

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TumblerBitThree German scientists are researching the perspectives of Bitcoin users on privacy, where their preliminary results confirm that Bitcoin users are highly aware of privacy but lack knowledge about specific techniques to de-anonymize transactions.

Privacy is a hot topic in the realm of Bitcoin. Scientists study how to anonymize and de-anonymize Bitcoin transactions, while companies already link addresses to identities and developers build improved techniques to cut those links. But when you want to know how users deal with privacy, you have to ask the users themselves. So that is what three German scientists from Berlin, Potsdam, and Leipzig have done.

Benjamin Faber, Tatiana Ermakova, and Ulrike Sander investigated the privacy awareness and potential concerns of Bitcoin users, conducting a study among active Bitcoin users to find out how they assess the privacy that the cryptocurrency provides.


Read more ... source: TheBitcoinNews

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