Blockchains are fully transparent, and there is a drawback in effect to these. For instance, anyone can look at Bitcoin’s decentralized directory and monitor sends and received amounts from different addresses.
Although a public address alone is not enough to trace the person behind the transaction, an aspiring hacker can control and trace the data packets sent from an IP address itself. Perhaps more worryingly, reuse (a shockingly common mistake) will help a hacker crack your own money, so there is a chance you can lose your hard-working money.
What can be done? Quit Bitcoin? Quit? Of course not. You can keep your purchases secretly when transacting your digital bitcoin with plenty of options. Anonymity solutions come in all forms, from free smartphone devices to expensive hardware wallets. Here you’ll see the most reliable and safest Bitcoin anonymous wallets that provide your bitcoin with complete privacy.
- Ledger Nano Series
The Ledger Nano Series leads the list of bitcoin wallets. The selection of hardware wallets enables users to safely and privately secure their bitcoin and other cryptocurrencies. Users of the Ledger Nano Series need a unique set-up that produces a 12-word seed phrase to protect the wallet and the option of a lock.
Users only need the pin to access and send or receive transactions on the same Ledger computer. Nano X and Nano S are included in the Ledger Nano Series. The Nano X can be used on all phones, while BlueTooth can be used in handheld devices. Ledger’s hardware wallet isn’t free but it is worthwhile because it has strong features and is committed to storing bitcoin in a very secure manner.
- Samourai Wallet
The second wallet on our list is a wallet called Samourai Wallet which is for Android only. The Samourai Wallet is known for its robust privacy features. The privacy-centered features of the Samourai wallet include no re-usability of address, support for Tor and VPNs, no connection between change outputs and stonewall technique. Samourai Wallet is often called the “most private and anonymous bitcoin wallet.”
- Wasabi Wallet
Wasabi Wallet is one of the best anonymously-based bitcoin wallets for users who want to maintain their privacy when using bitcoin, but only on the web. Wasabi is an open-source, non-gardened, privacy-focused, Mac OS, Windows and Linux bitcoin wallet. Its coin shuffling process, Chaumian CoinJoin, is the biggest feature in the wallet.
- Electrum Wallet
The Bitcoin anonymous wallet called Electrum is one of the oldest of the wallets mentioned. For every transaction, this wallet creates a new address. This process is automatic until 20 new addresses are generated by default. Users would then need to manually create new addresses.
The well-known, anonymous Bitcoin wallet is improved by anonymity when used on Tail OS, an encryption system. Tail OS electric routes all Tor traffic. Electrum Wallet offers non-partisan plugins, is available on desktop and Android and can be combined with hardware wallets.
With an extra focus on privacy and anonymity, BitLox hardware wallets are designed with superior security in mind. The extreme privacy package of BitLox is the perfect option for users who would like an anonymous bitcoin wallet from its collection of the hardware wallet.
Bitlox’s Bitcoin wallet and TAILS OS pre-installed. It also touts a USB military vault that protects your IP address. BitLox also has encrypted wallets with indiscriminate data and a completely random number generator approved by NIST to secure transaction signatures.
For privacy-sensitive people, private bitcoin wallets are a must. In a time when data tracking challenges personal freedom around the world it is a small step towards greater individual freedom to protect one’s financial autonomy.