About bitcoin, altcoin cryptocurrency wallets anonimity. Is crypto wallets anonymous in themselves?

crazylogman

New member
All of wallet will know the IP as you will be hitting an API to connect to the actual Blockchain, so whatever wallets can see IPs in their logs if they want too, some of them can store them. If you want a full proof system, then at least download the original wallet for that crypto from their website/github and sync it to the blockchain using a VPN. You never know what 3rd party apps can do behind the scene.

Always prioritize open source wallets by community devs. I would just also add in using tor whenever possible as well. The best wallets incorporate it, even some on mobile.

Many people trust wallet devs more than they should by prioritizing convenience over privacy. The more often you use VPNs, Tor & open source technology the better privacy that you, and others using those tools, will have.

I would also recommend researching and using shielded Ycash, Zcash & Monero, as both are great options as electronic cash with top tier privacy & technology.

Then you run the wallet. And the software generates a wallet (or you load a seed or whatever). Then it generates the addresses and needs to check with online servers to get the balance of your addresses. This is where your IP and wallet can be related. Basically, there are four flavors of servers that you could hit:

* private ones by the makers of the software in question - they will know your wallet and IP and might keep it private, might sell it to partners, etc

* public ones run by blockchain intelligence companies that exist to store big databases of IPs and addresses. They then sell or make available this data to partners and customers. THERE ARE A LOT OF THESE. If the software connects to a random server from a big list, you are probably hitting one of these.

* public ones run by community members who get it. They don't even record the data for who is doing what. But you can't really tell them apart from the above ones.

* private server that you run yourself and take the time to configure the software to use.

Short version: shit show.
 
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