Is there a way to provide proof of BTC holdings without revealing the wallet address?

3 answers

• May 05, 2022 · 3 years ago
  Yes, there is a way to provide proof of BTC holdings without revealing the wallet address. One method is by using a cryptographic proof called a zero-knowledge proof. This allows you to prove that you own a certain amount of Bitcoin without revealing any details about your wallet address. It's a secure and privacy-preserving way to demonstrate your ownership of BTC.
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• May 05, 2022 · 3 years ago
  Absolutely! You can utilize a technique called CoinJoin, which is a privacy-enhancing feature. CoinJoin allows multiple users to combine their Bitcoin transactions into a single transaction, making it difficult to trace the ownership of individual coins. By participating in CoinJoin, you can provide proof of your BTC holdings without exposing your wallet address.
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• May 05, 2022 · 3 years ago
  Definitely! At BYDFi, we offer a unique solution called Shielded Transactions. With Shielded Transactions, you can prove your BTC holdings without revealing your wallet address. It utilizes advanced cryptographic techniques to ensure privacy while still providing verifiable proof of ownership. It's a great option for those who value both privacy and transparency.
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