edit: In this context, “pseudonymous” is a portmanteau (or malamanteau, depending on your opinions) of “pseudo” or “seeming like” and “anonymous”, meaning “seems like anonymity (but isn’t)”. Bitcoin and most other cryptocurrency networks claim to be anonymous, but the pseudonym they provide you does not change, and so can be used to identify network participants over time.
In a pseudonymous system, it might be hard to confirm identity, but it’s possible (edit: because your pseudonym doesn’t change, it can be used to identify you). In an anonymous system, it’s impossible to confirm identity.
edited for clarity, 'cause darohan@lemmy.zip is right - pseudonymous does have another definition that predates this one.
Had to go check this because I thought I was having a TIL but, while your point is basically correct, the word isn’t a portmanteau but rather means “baring or using a fake name (pseudonym)”
edit: In this context, “pseudonymous” is a portmanteau (or malamanteau, depending on your opinions) of “pseudo” or “seeming like” and “anonymous”, meaning “seems like anonymity (but isn’t)”. Bitcoin and most other cryptocurrency networks claim to be anonymous, but the pseudonym they provide you does not change, and so can be used to identify network participants over time.
In a pseudonymous system, it might be hard to confirm identity, but it’s possible (edit: because your pseudonym doesn’t change, it can be used to identify you). In an anonymous system, it’s impossible to confirm identity.
edited for clarity, 'cause darohan@lemmy.zip is right - pseudonymous does have another definition that predates this one.
Had to go check this because I thought I was having a TIL but, while your point is basically correct, the word isn’t a portmanteau but rather means “baring or using a fake name (pseudonym)”