Hello @uncubanomas,
I understand your privacy concerns, especially when it comes to financial data. You need to understand that the transparency of transactions and balances is a fundamental part of most public blockchains, including Hive. This transparency is what allows for trustless verification of transactions and balances. All information linked to an account, whether social or financial, is therefore also public.
Financial data is of utmost importance, and it should never be made public against our will.
While privacy is essential, it's crucial to remember that blockchain, including Hive, operates on transparency. Financial data on the Hive blockchain is inherently public, but you can still choose what personal information you share outside the blockchain for privacy. It's about finding a balance between transparency and personal data control.
But why should my personal data be public, and more importantly, why does nobody within Hive seem to care about this?
Again, the reason for public data on the blockchain is transparency and immutability, which are fundamental features.
If privacy takes precedence, then it is up to you not to publish information that you do not wish to make public in the blockchain. Another solution is to create separate accounts for public and private use, taking care not to reveal information with the private account. This is what many users do to protect their privacy.
One of the things that drew me to the crypto ecosystem was the promise of privacy...
Cryptography makes it possible to secure the system, not to ensure its privacy.
It's crucial that we find a sustainable balance between transparency and privacy.
I can only agree with you, but it's up to you to take care of it, not the blockchain.
As for my posts revealing specific account balances, I'm sorry if this caused discomfort. My intention was never to invade anyone's privacy but rather to provide insightful data about the ecosystem. The information I share is publicly available on the blockchain, but I understand your point that making it more visible might lead to unwanted attention.
Thank you for bringing up this issue and fostering discussion.
RE: No one cares about privacy on Hive?/ Asere a nadie le interesa la privacidad en Hive?