Can binance trace one's IP address or some other private data?

Asked Sep 17 '21 at 14:57

Active Sep 17 '21 at 14:57

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All the validators of the binance networks belong to Binance the company and as such as centralized, right?

In case something shady happens, such as a hack that has to do with a vulnerability in a smart contract, and when millions get stolen, can it be that all the validators get a command from someone on the top and try to trace an IP address of some who's created a certain smart contract or sent a certain transction? Thus trying to deanonymize a person.

Or even reverse a transaction?

I'm aware that Ethereum blockchain ins't anonymous. But Binance chains are, therefore, even less so.

asked Sep 17 '21 at 14:57

kennya

Whether they will or won't, you still have to trust their policy, which could change. Even if a company says they won't do something, people don't want to have to trust them, that's why they choose decentralized systems. – David Callanan Sep 17 '21 at 18:45
Also a hacker can use any RPC provider they wish. This makes it more difficult to track transactions, they'll also have to ask the RPC provider if they have any logs. – David Callanan Sep 18 '21 at 17:36
@DavidCallanan yeah, but my question isn't about that – kennya Sep 19 '21 at 06:30

Can binance trace one's IP address or some other private data?

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