Bitcoin: The Future of Money? by Dominic Frisby

Author:Dominic Frisby [Frisby, Dominic]
Language: eng
Format: epub
ISBN: 9781783521029
Google: E0ABrgEACAAJ
Publisher: Unbound
Published: 2015-01-15T00:34:13.296551+00:00

BOOK 5

CRYPTOCURRENCY INVESTING

17

PRIVACY BASED COINS

YOU SHOULD KNOW ABOUT

BORIS WEISER

Chapter 1 Defining Anonymity

The word anonymity is coming from a Greek word: Anonymia, which simply means without name or nameless. The word: Anonymous is in use to describe situations where the acting person’s name is unknown. The idea here is that a person non-identifiable, unreachable or untraceable. For example anonymity is enforced by low when people voting in free elections. Many other situations like talking to strangers or buying a certain product or service in a shop, anonymity is traditionally accepted as natural behaviour. For example if you stop someone on the street and ask the time; “excuse me, do you know what’s the time?” You don’t have to introduce yourself. Same thing applies when you walk into a supermarket like Tesco and buy some bread and milk and make payments by yourself using cash; you are basically shopping anonymously. If you make a payment using your bank card, the payment would be traceable and that would NOT BE an anonymous shopping experience. There are many other situations in which a person might choose to withhold their identity. For example an act of charity can be performed anonymously when the benefactors don’t want to be acknowledged. Another common example is if you witness a crime; you can choose to be an anonymous witness. In the other hand, crime can be carried out anonymously too. As you see, being anonymous can be used for good as well as for bad intentions. Anonymity can be chosen if you are a writer or editor but there are also anonymous advisors in business and politics and other areas; but our focus in this book will be on internet anonymity. There are various software exists to help anonymity and probably you heard one of the most famous one called: Tor or also known as the Tor Browser, The Tor Project or sometimes referred to as The Onion Router. The Tor Project it’s a free software that provides anonymous communications and web browsing on the internet but there are many other projects similar to Tor; revolving around the concepts of anonymity created by the Cypherpunks which I have talked about in more detail in my other book called Bitcoin for beginners. By definition, Anonymity on the internet applies to any interaction a user has on the internet that protects his or her identity from being shared with another user or with a third party. There are different anonymity levels exist and examples of anonymity can be seen all over the internet. Some of the most common examples of anonymity on the internet include: Q&A sites or questions and answers where users use anonymity which allows people to ask questions of known users to obtain responses. Similarly, there are Anonymous blogging and posting where users are able to blog and comment anonymously. For example sites like Twitter or 4Chen you can post links anonymously. The most common anonymous sites are related to flirting and networking where users are able to flirt with others while remaining anonymous.

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