Bitcoin as a digital entity has grown in leap and bounds both in terms of the store of value as well as a medium of exchange. However, along with its popularity, the theft and crime associated with these digital assets are also at an all-time high. Dark wallet, a web-based Bitcoin wallet seems to have come up as the savior against these crimes, as it promises total anonymity and private transactions.
Bitcoin’s biggest foe is the misinformation among the public over its use, as cryptocurrencies are mostly promoted as a private and censorship-resistant. However, that is a big misconception as all the transactions on a Bitcoin network are registered on a public ledger and even though they are private in the sense that the transactions won’t be rallied through various centralized databases, but it does not guarantee total anonymity.
The dark wallet comes to the rescue of those who want their Bitcoin transactions to be completely private. In a normal scenario, every Bitcoin transaction can be traced to the user address through the public ledger that is available for everyone to verify.
How Dark Wallet Promises Total Anonymity
Dark Wallet is web-based digital wallet which promises total privacy to its user base. The wallet enables data anonymization by obfuscating Bitcoin transactions. Another selling point with the dark wallet is its customizable pocket feature where the users can create any number of packets for their use.
The wallet comes with three pre-defined pockets namely, spending, business, and savings. Each pocket has its own stealth mode which allows for private transactions of the Bitcoin and the users have the option to create as many pockets as they want.
Dark Wallet Features
The two-defining features that separate Dark wallet from most of the available wallets are,
Stealth Address Mode:
It masks every Bitcoin transactions made from the wallet making it quite difficult for anyone to trace back the transaction to the user. Each transaction is encrypted which means neither of the two parties involved in the transaction get hold of each other’s address.