Anonymity: Is it truly an advantage for Blockchain projects?

Knoxhive
1 min readMar 18, 2022

In blockchain, we are anonymous. This new technology allows us to transact and communicate with everyone else with the capacity and power to stay hidden. The ability to stay anonymous gives us the security in protecting our identity and confidentiality with our transactions.

Although these positivities mentioned sounds appealing, we couldn’t still deny the fact that this could also consequently lead to malpractices which could ultimately lead us to high risks, this includes but not limited to the following.

(1) rug pulls, an instance in which the creators of a project ultimately abandons the community after acquiring money

(2) money laundering, transferring large amounts of money which may have obtained illegally

(3) black market transactions, purchasing illegal goods and services

And Knoxhive sees this! Hence, to give control and trust back to investors, we have established the first multichain decentralized platform for hive of investments. With this, you don’t have to worry about any malicious practices and scams as we give investors full fledged control of all investments! Invest with no worries! Make sure to hop on with Knoxhive now!

Website : www.knoxhive.io

Twitter : www.twitter.com/knoxhive

Telegram Chat : www.t.me/knoxhiveio

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