Cryptocurrencies and Privacy Issues

With the development of cryptocurrencies, the issue of protecting users' personal data has arisen. Despite the high level of anonymity that cryptocurrencies promise, in practice, there are many threats to privacy. Blockchain technologies provide transaction transparency, which can be dangerous for confidentiality, especially when tracking assets and analyzing data. Moreover, many cryptocurrency platforms collect users' personal information, which also violates privacy principles. In the future, new solutions will be required to protect data in order to meet users' demands for anonymity and security in the digital world.