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The statements below are explaining how Bitcoin’s blockchain technology maintain...
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The statements below are explaining how Bitcoin’s blockchain technology maintains the privacy (anonymity, etc.). Which statement about this is not correct?I. To solve the privacy problem the Bitcoin’s ledger uses a bit of accounting trickery. The ledger only keeps track of bitcoin transfers, not individuals’ account balances. II. It uses the ECDSA (Elliptic Curve Digital Signature Algorithm) algorithm for generating public/private key pairs, which increases anonymity. III. The ledger tracks only the coin transfers and the private keys, which helps with individual’s privacy issues.
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