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[AudraMiller]

There is much talk about how cryptocurrency is not traceable and it allows you to remain anonymous and this is all well and good. In fact this is reason that many people got into it, because they can use the currency without having to put any of their personal information at risk. However is this truly the case when it comes to the use of crypto? Do you think that it is possible for crypto to be traced using the ip address that is accessing the wallets and the exchanges as well?

 

[Juliettka]

I think ip address can be used to trace someone who did cryptocurrency transaction. But it will not give much details about the person. Ip address can only shows the system and network use but will not block the person from having access to the network.

Cryptocurrencies themselves are not inherently traceable through IP addresses, as transactions are recorded on the blockchain using public keys and encrypted private keys. However, there are ways that an individual's IP address could potentially be linked to a cryptocurrency transaction.For example, if an individual accesses their cryptocurrency wallet through a device with a unique IP address, that IP address could be recorded in the wallet's transaction history.

 

[Wisdom01]

Since every details of the transaction is actually on the block chain network , so the IP address could get tracked , I have seen cases whereby the users up address was actually tracked and others , to some certain extent I think tho

 

[Gamer01]

Yes it can be the hackers and thr authorities of any country have the laws that can help them trace any activity so you can be traced if you are using crypto without the requirements and permission from your country actually indeed .

 

[lamia5765]

Yes it can be the hackers and thr authorities of any country have the laws that can help them trace any activity so you can be traced if you are using crypto without the requirements and permission from your country actually indeed .

If you create an account using a wallet provider it has your IP address means could track all your transactions from IP address if I am not wrong and this is feasible but this will not be the case for explorer of your transactions except using Tor navigation.

 

[gammarays]

Crypto tokens are stored in wallets which can be hardware or software. These wallets are connected to devices that are internet enabled. So it's possible to track the IP address if those devices and know the location of the owner.

 

[lamia5765]

Crypto tokens are stored in wallets which can be hardware or software. These wallets are connected to devices that are internet enabled. So it's possible to track the IP address if those devices and know the location of the owner.

This means all these words about cryptocurrency privacy are a joke since everyone could know your location even if you use a VPN or proxy or navigation with Tor. It is possible even to reveal true IP address behind this hidden IP address. But sometimes it is good to track fraud action payments.

 

[Gamer01]

That's good information shared by you almost all of the blockchain are traceable and ltc having some changes is now almost considered a privacy coin that is why delisted from quite a few exchanges indeed actually .

 

[lamia5765]

That's good information shared by you almost all of the blockchain are traceable and ltc having some changes is now almost considered a privacy coin that is why delisted from quite a few exchanges indeed actually .

To correct information LTC address starting with MWEB or using the MWEB technology having terminology containing the word mweb. There is many coins better than LTC itself like BCH or DOGECOIN or TRX even if it gots delisted from your exchange you are working with.

 

[Wisdom01]

Yes it can be the hackers and thr authorities of any country have the laws that can help them trace any activity so you can be traced if you are using crypto without the requirements and permission from your country actually indeed .

The white hackers can do the tracking and others , I believe there are moments whereby the hackers are tracked and others to some extent , if the company hires one they could do the job for them

 

[Margery]

There is much talk about how cryptocurrency is not traceable and it allows you to remain anonymous and this is all well and good. In fact this is reason that many people got into it, because they can use the currency without having to put any of their personal information at risk. However is this truly the case when it comes to the use of crypto? Do you think that it is possible for crypto to be traced using the ip address that is accessing the wallets and the exchanges as well?

No, you can't accurately track a cryptocurrency by IP address. Cryptocurrencies such as bitcoin are based on blockchain technology, which does not require user identification. This means that transactions can be performed anonymously and are not associated with a specific IP address.

However, in some cases, it may be possible to associate a specific cryptocurrency transaction with a specific IP address, for example, if the user is using a centralized cryptocurrency exchange that asks for personal information upon registration. There are also specialized services that can use various analysis methods to try to associate IP addresses with specific transactions, but this is not an accurate or reliable method.

 

[Riberet19]

No, you can't accurately track a cryptocurrency by IP address. Cryptocurrencies such as bitcoin are based on blockchain technology, which does not require user identification. This means that transactions can be performed anonymously and are not associated with a specific IP address.

However, in some cases, it may be possible to associate a specific cryptocurrency transaction with a specific IP address, for example, if the user is using a centralized cryptocurrency exchange that asks for personal information upon registration. There are also specialized services that can use various analysis methods to try to associate IP addresses with specific transactions, but this is not an accurate or reliable method.

A news recently came out that there is an unknown entity tracing almost all IP addresses related to Bitcoin, it is supposed to be coming from the United States, technology is advancing rapidly and we can no longer know who is watching us even on the blockchain, look just search in google "Linkinglion ip Bitcoin"

 

[Margery]

A news recently came out that there is an unknown entity tracing almost all IP addresses related to Bitcoin, it is supposed to be coming from the United States, technology is advancing rapidly and we can no longer know who is watching us even on the blockchain, look just search in google "Linkinglion ip Bitcoin"

However, in general, it should be remembered that blockchain technology provides a high degree of confidentiality and transaction security. IP addresses are not directly associated with bitcoin wallets, so additional data is needed to establish the identity of the wallet owner. However, keep in mind that all transactions on the blockchain are public, so you can track which wallets are sending or receiving transactions. As with any technology, the use of blockchain does not guarantee complete security and privacy.

 

[Edcosmas]

People don't always like going through the stress but I think it was not traceable in past until the recent advancement of adding your SSN or means of identification. During the inception of crypto currency, it was not trackable with IP.

 

[Wisdom01]

People don't always like going through the stress but I think it was not traceable in past until the recent advancement of adding your SSN or means of identification. During the inception of crypto currency, it was not trackable with IP.

Yeah with the identification pattern and others , I think cryptocurrency account and Ip address is actually trackable ,isncr many actually sign up and register account with kyc information on exchange platform

 

[Edcosmas]

Yeah with the identification pattern and others , I think cryptocurrency account and Ip address is actually trackable ,isncr many actually sign up and register account with kyc information on exchange platform

Most of my friends that were scammed of their Bitcoin lost interest because they could not traceable or track the token. No hard feelings, but I think trust wallet is to be trusted because they don't really have the ID verification feature.

 

[Gamer01]

Well if you are talking about crypto then only monero is the one that can not be tracked fully as it has a changing hash always which is usually done by the mixers and most payment methods and exchanges do not accept funds coming without an valid transaction source .

 

[gammarays]

This means all these words about cryptocurrency privacy are a joke since everyone could know your location even if you use a VPN or proxy or navigation with Tor. It is possible even to reveal true IP address behind this hidden IP address. But sometimes it is good to track fraud action payments.

Crypto currency on it's own may be difficult to trace but since it's attached to a wallet and internet, identity is not hidden. However scammers and hackers get away by using burner accounts that doesn't bear their real identity.

 

[Margery]

Well if you are talking about crypto then only monero is the one that can not be tracked fully as it has a changing hash always which is usually done by the mixers and most payment methods and exchanges do not accept funds coming without an valid transaction source .

I understand what you are talking about, but I would like to clarify that monero is a cryptocurrency that uses confidential transactions, which makes it more private and not easily accessible for transaction analysis than, for example, bitcoin. Monero uses ring signatures and random addresses for every transaction, making it more difficult to track and analyze.

 

[Gamer01]

Yes you are right there are quite less exchanges that accept funds coming via the crypto network and after last update of crypto almost as much as 15 exchanges delisted ltc and stopped accepting it but it is still accepted and used by many merchants .

 

[Margery]

It is true that not all exchanges accept cryptocurrencies as a payment method, and some of them may exclude certain cryptocurrencies from their listing for various reasons, such as low liquidity or high volatility. However, Litecoin (LTC) is still widely used and accepted as a payment method on many platforms and merchants, and remains one of the most popular cryptocurrencies. However, before using LTC or any other cryptocurrency for payment, you must carefully study the terms and conditions and policies of the seller or exchange.