Since blockchain technology is public, how are the identities of users protected?
User identities are not protected since people use blockchain voluntarily.
User identities are anonymous and protected by keys.
Hashes protect all user identities.
Each user is assigned a unique block which is why it is called blockchain.
User identities are anonymous and protected by keys.
In blockchain technology, while transactions are recorded on a public ledger, users typically interact with the network using cryptographic keys rather than personal identifiers. This means that even though the transaction history is transparent and visible to anyone, the identity of the individual behind the transaction remains concealed, as it is associated only with their unique cryptographic address. This anonymity is a key feature of many blockchain systems, helping to protect user identities.