"Privacy is heads, censorship resistance is tails. They're two sides of the same coin. Everything people do together is inherently interactive. When those interactions cannot be conducted privately, when they become common public knowledge, the participants can be subjected to external pressure. They can be shunned, shamed, jailed or penalized in many other ways. Without privacy, you have no censorship resistance. Without privacy, most people will censor themselves."
"In this first episode, I sit down with Yuval Kogman from Spiral to discuss Bitcoin privacy. We go all the way back to Section 10 (Privacy) of the Bitcoin Whitepaper, and trace the path from there to the modern day. We discuss how privacy can be degraded based on how you use Bitcoin, the different specific ways you leak private information, as well as the lineage of tools that have been created over the years."
Bitcoin privacy and censorship resistance are inseparable: privacy enables resistance to external pressure and prevents self-censorship. Public transaction data can expose participants to social, legal, and economic penalties. Practical privacy degrades depending on user behavior and transaction patterns that leak identifying metadata. The evolution of privacy tools and techniques spans from Bitcoin's early design to contemporary solutions aimed at preventing information leaks. Guidance includes understanding specific leak vectors and using lineage of tools to protect transactional privacy. Emphasis is placed on preserving private interactions to maintain freedom from coercion and institutional control.
Read at Bitcoin Magazine
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