Common questions, answered plainly.
Is Bitcoin anonymous?
No. Bitcoin is generally described as pseudonymous. The ledger is public, while identifying information may exist outside it.
Can blockchain transactions be traced?
Transactions are public and can be analyzed. Attribution depends on additional evidence such as exchange records, address reuse, and other metadata.
Does a new address guarantee privacy?
No. Fresh addresses can reduce some simple linkages, but they do not eliminate other sources of correlation.
What is Bitcoin mixing?
It is a broad term for techniques that attempt to make straightforward transaction linkage more difficult. Implementations and risks vary.
What is the safest way to protect a wallet?
Protect the seed phrase, verify transaction details, use trusted software, maintain secure backups, and be skeptical of unsolicited requests.