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by bjeanes 4343 days ago
And just like that your wallets aren't anonymous anymore or at least are tied to each other beyond transactions between them.

Seriously, though, this is kinda neat.

1 comments

Wallets arent anonymous they are all in the block chain.
Incorrect. There are no "wallets" on the blockchain. In fact, the blockchain is not even organized by address. The blockchain is simply a ledger of inputs and outputs, most of which refer to a certain address or addresses (but not to wallets).

If someone uses a new Bitcoin address for each transaction, there is no way outside of statistical analysis (which may not even work in many cases) to know which addresses belongs to which wallets.

I think he/she meant that now the bitcoin addresses can be tied to an individual, as this app is running on mobile.