Anonymous Bitcoin

Choosing Anonymous Bitcoin Wallet
Anyone can create a bitcoin wallet, and many options will allow you to do so without having to provide personal details or (what's worse) identity documents to third parties. Until then, you are anonymous when you start using the network.
Some Bitcoin users would not want to use a wallet that would allow them to remain anonymous in some way. Unfortunately, most mobile wallets do not offer this functionality right now. Some bitcoin wallet projects focus primarily on anonymity, though this makes them more complicated to use.
But as soon as you start sending and receiving payments, you're exposing the Bitcoin addresses you use to show someone in the open chain of blocks. These addresses are like nicknames or nicknames, which are used to identify you. If you use an HD wallet, it will automatically create new addresses for you every time you want to receive a payment. But it is still possible for an expert observer to connect these directions and find out that they all owned by the same person. Furthermore, it is possible that this viewer, whether he is a crook, a corporate spy or a very determined government official, can find ways to relate his Bitcoin addresses with his true identity. Once this is done, they lose all their privacy.
Saving your cryptocurrency in a portfolio minimize the risk of your funds being stolen by hackers who usually seek exchanges for their jokes.
There are two ways in which an opponent can associate your Bitcoin wallet and all its transactions with your real-life identity, even if you do not provide personal information to a portfolio provider to create an account.
The first method is to track payments in and out of your wallet in places that require you to disclose your identity. For example, many exchanges need buyers to provide all of your personal information and often verify these details by providing proof of ownership. If you withdraw coins from a trade in which your identity is known directly from your wallet, anyone who follows this transaction knows that the portfolio belongs to you. Of course, nobody can do it, only the exchanger and anyone with whom they can share this information, but it is still possible.
The second is tracing your IP address when you connect to the Bitcoin network. This IP address is unique and can be used to connect everything that your computer does to you personally. If an opponent can tell from what IP address a transaction was first broadcast, something that is not easy to do but is far from impossible, so they know who it was.
As an added level of security, you should consider privacy when choosing a portfolio. Many people identify the desire for privacy. Making use of an anonymous wallet will separate your details from your funds, preventing someone from tracking you down to get a piece of that sweet crypto cake.
Surprisingly, there are not many portfolios in the market that focus on keeping you anonymous.
Increasing the level of privacy will reduce the risk of being pirated, fraudulent or targeting criminals. Once understood, the broader consciousness of such method will gradually strengthen the Bitcoin network against attacks of all kinds. The bitcoin block is built on strong encryption that prevents spoofing and other types of fraud, but the human element in the Bitcoin transaction is always the "weakest link." Even if you never need to verify your identity to download and use it. A Bitcoin wallet, for the average user, is where the anonymity of the system ends. Since your Bitcoin address is related to your real identity, a situation that is difficult to avoid when doing business or receiving deliveries, anonymity is compromised by that address.
Using an online nickname will improve your privacy, but keep in mind that a capable researcher can identify you through a standard Internet connection. Most Bitcoin wallets transmit your actual IP address, which can readily be associated with addresses.
Bitcoin in its normal state should never be considered an anonymous (or even reasonably private) monetary system. The pseudonym of Bitcoin is somewhat fragile, at best; effortlessly compromised with the initial liquid inspection. The Bitcoin standard is much more private than credit cards, but less money. This reality poses a series of problems for corporate and personal privacy. Since all Bitcoin transactions are a matter of public registration, any address associated with your identity and company reveals four essential facts:

How many bitcoins do you have or do you have in that direction?
Exactly when you received these bitcoins,
Who received these bitcoins (unless they use an efficient privacy technique)
The next to destination you send those bitcoins (which like 3, can identify their owner).
For those who are privacy-conscious, the points above are bad enough. But the situation worsens. Now, even though the Bitcoin currency control portfolio allows you to make payments to specific addresses (or more precisely, UTXO), the way Bitcoin portfolios deal with change often results in more addresses within the collection that can be linked. As a result, an address associated with the identity under your control can "filter" information about your other "unknown" addresses. Also, some Bitcoin core developers are working to improve privacy through the private project transactions at this stage, the fact that the use of Bitcoin requires secret knowledge and a little extra work.
For the anonymity of your bitcoin wallet, there are few options that I think are worth analyzing.
Samourai
Samourai Wallet is a genuinely unique bitcoin wallet project as it is designed to keep private transactions and a person's identity in masks. Even though the project is still in alpha phase, its transactional privacy features seem to work well. Users also receive "microcontrol" on privacy and mining rates when they send a new transaction.
Samourai has some excellent features to protect your privacy. The first is "stealth addresses," also called "payment codes." Using this means that in place of sharing your usual BTC address, you can share a payment code or a stealth address, and anyone who uses a wallet that supports this feature can send it to that address. When they send a payment, they send it to a regular Bitcoin address, but the sender does not know which Bitcoin address it is sending, which means you can share your secret address openly on the Internet without worrying about your compromised privacy.
There is also an excellent "stealth mode" option. Activation means that all the signs in your wallet will disappear from your device. To open it, you will have to go to the telephone dialer, enter a special access code and then press the call. It looks very similar to "James Bond 007", as well as improving privacy and security.

Electrum or Tails OS
Electrum came into existence in 2011 and is one of the most reliable software packages in the cryptographic space.
Several community members recommend using this portfolio in a Tails (OS) operating system to ensure that it remains anonymous. When you manage this collection on Tails, route all your traffic through Tor, a network of anonymity that makes it virtually impossible to monitor your business.
You do not need to enter any personal information to set up an Electrum portfolio.
The only feasible way that someone could associate with your transactions and portfolio balances is if you communicate the public addresses you are using.
Electrum also generates new addresses for each transaction until it reaches the difference limit - set to 20 by default. Once you've reached this limit, you can still create new addresses by typing a script in the command console. Be careful, however, since any address generated beyond the limit space will not automatically recover from the seed. To retrieve them, you need to increase the space limit or create new addresses until the used ones are found.
If you plan or are already using a hardware portfolio, you can use it together with Electrum. The collection supports third-party add-ons for popular hardware portfolios, as well as multiple subscription services.
Bitlox
One of the latest released bitcoin wallet solutions is known as Bitlox. It is clear from the beginning that this tool is designed to bring anonymity to a new level. In fact, some of its attributes may seem a bit 'paranoid to users, although they can be useful in certain situations. Its features include tools such as 20-character PIN compatibility and the use of an emergency PIN to remove all user data from the device.
As you may have guessed, Bitlox is a bitcoin hardware portfolio, this means that it can be used offline and requires only one connection to a computer to send transactions to the network. Users can generate tens of wallet addresses for bitcoin transactions, which solves the problem of reusing addresses. As a result, this feature also offers more anonymity. Bitlox is a hardware solution that is worth reviewing, although it may be a bit "difficult" for inexperienced users.
Multibit
It is a recommended tool for bitcoin users. With decentralized nature and without fixed servers, users can take advantage of anonymity using this portfolio service. Users can also maintain private contacts and payment databases. Above all, Multibit ensures that all data are encrypted on the local machine and also supports hardware portfolios. Furthermore, it is an open source solution that allows users to add more features as they see fit.
Jaxx
The Jaxx portfolio has made a name for itself. The wallet is not only compatible with bitcoins, but also supports a wide range of popular altcoins. Jaxx never clings to user funds and the entire security model is client-side. Even if the portfolio does not exist entirely, users can still export their private key relatively easily. Anonymity is obtained by not soliciting personal information from users when registering for the Jaxx portfolio. The company does not even need an email address, which is a nice touch. It is also a very convenient portfolio as users can switch from an encryption scale to the same screen and connect the wallet through the devices. Given everything, Jaxx seems to re-examine many of the correct boxes.
In conclusion, these are just some of the recommended programs to make anonymity possible when dealing with the bitcoin wallet. Electrum is reliable for the community and offers a high level of anonymity. This free portfolio is an excellent choice for users who feel comfortable performing alternative operating systems and using the command line. If these things intimidate you, I suggest you use a simpler solution.