Other critics (as with Bitcoin in general) point out how the key features of decentralized DNS services (cheap and anonymous domain name creation, and a system that places domain names out of the reach of central authorities) enable bad players and illegality.78 However, an industry white paper counters these claims with examples of using the public traceability feature of the blockchain ledger to apprehend criminals, and points out that there are many legitimate uses of this technology
- 3. Blockchain 3.0: Justice Applications Beyond Currency, Economics, and Markets
- from Blockchain
- Publisher: O'Reilly Media, Inc.
- Released: February 2015
The author makes a point earlier about the psuedonomity of transactions protecting people, but here there's a comment on public traceability of the ledger to apprehend criminals. I don't think you can have it both ways. The blockchain is not an anonymous protocol.
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