How do you remain anonymous in the digital world? That's the problem Nym is trying to solve. To achieve this, the Swiss company, which raised $50 million in 2022, has created a new infrastructure capable of masking the metadata we leave on the Internet, whether it's a WhatsApp communication or a bitcoin transaction. An effective solution? We spoke directly to some of its teams in Neuchâtel, Switzerland. 🇨🇭

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You've probably already heard that bitcoin was an "anonymous" currency, that no one could "identify" you... So, at the risk of disappointing you (or reassuring you), that's not the case. 😅

Even though Bitcoin was invented by defenders of online privacy (the  famous "cypherpunks"), the protocol does not act like a cloak of invisibility. And for good reason, the blockchain allows all transactions to be observed. 🔍

There are certainly a few ways of keeping a low profile:

👉 multiplying the number of wallets

👉 limiting the transactions between them

👉 using decentralised applications (Uniswap, Paraswap, etc.) to avoid having to provide your identity

But NOTHING guarantees real anonymity 👤.

Some data such as your IP address, and in general all the metadata (a metadata is a piece of data used to define or describe another piece of data) of electronic communications will always be available.

Grégory Raymond

Gregory Raymond is a French journalist specializing in economics and cryptocurrencies, currently head of research at The Big Whale.

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