The infamous anonymity of Bitcoin as a currency has a weakness built into it, according to a paper published by the University of Luxembourg.
The paper, entitled ‘Deanonymisation of clients in Bitcoin P2P network’, was written by Alex Biryukov, Dmitry Khovratovich and Ivan Pustogarov and explains how a determined hacker could reveal the IP address – and therefore the identity – of individuals who pay for transactions anonymously using the cryptocurrency.
Bitcoin hack can reveal a user's IP address, says University of Luxembourg
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