Bitcoin is the first digital currency that functions in full autonomy implying there is no need to use banks or payment processors. Moreover, it operates in decentralized environment and is available around the globe. Bitcoin system has broken through computer science field that is based on 20 years of cryptographic currency researches and 40 years of cryptanalysis studies all over the world. It has rapidly gained popularity and stayed the most required digital currency at the moment.
The Bitcoin network is brought into operation in 2009 by the group of nameless people. They developed Bitcoin protocol and created its first software version. Their personalities stay undiscovered, but millions of the Internet users are pleased with this anonymous payment method and provided possibilities.
How to pay anonymously surfing online?
Bitcoin is considered to be a convenient and anonymous payment system. An address, or a system account number, does not relate to its owner and does not require some documents or pieces of personal data. It is possible to create infinite number of Bitcoin addresses without binding with the real name.
Confidentiality is achieved by the way of restricting information access. Only two participants and a bank know about an operation. All transactions are public accessible and kept in clear unencrypted form. Due to eliminating of addresses personification, the high privacy level is provided.
Anyone can easily mine bitcoins and use them for online payments. For example, the digital currency may be bought or received from another client. And the payment process in turn is the simplest one. It is possible to pay for services and offer various goods using Bitcoin system and stay anonymous.
Which services enhance security level of Bitcoin payments?
As you know, hacker attacks are increasing constantly. The issue is closely connected with the benefits the stolen data can bring. So can you say that you’re protected enough? It’s clear that your sensitive information can be stolen as well. Especially, it concerns to your money. And if you don’t want to become a victim of hackers attack, you need to protect not only your wallet with bitcoins, but also your transactions.
As for the methods of protection, the following means should be represented to you:
- When we speak about anonymity, it is ensured with encrypted network usage. For example, Tor is able to hide an actual IP address and steers clear of Bitcoin address.
- Another way is to use Bitcoin proxy. It enhances an additional security layer to the currency between a client and a requested resource (as marketplace or retailer).
- But the most popular and reliable service providing anonymous Bitcoin payments is a VPN. In the following, we recount about VPNs for Bitcoin.
What is a VPN and why it is irreplaceable for Bitcoin?
Virtual Private Network (VPN) is a technology that creates a secure encrypted channel over the Internet or other public networks. The main advantage is that a VPN ciphers all transporting traffic from sender to receiver and vice versa.
Speaking about all the advantages of Bitcoin payment system it’s necessary to mention that a payment process has no encryption. A client’s transaction and his sensitive information are at risk of being identified. Connecting to a Bitcoin VPN, an entire transaction will be secure by special tunneling protocols.
The securing process is very simple and understandable. A Bitcoin VPN creates a secure tunneled connection between a computer and the Internet. This tunnel hides all transporting information from hackers and malicious people, an internet provider and government spying.
How to choose the best VPN provider for Bitcoin?
As you understand, VPN service is essential when you operate with Bitcoin. All you need, is to choose a valuable VPN. The question is how to find the best one. A good service must possess the following features:
- In addition, a high-quality VPN accepts not only Paypal or credit card payments, but provides a possibility to buy services with Bitcoin. This is the way to avoid registration process in PayPal.
- In addition, turn your attention to extra features. VPN technology opens up great opportunities. Many Internet services are blocked or provide theirs content in specific location only. For example, full Netflix library is available for IP addresses from the USA. And of course, all English-speaking population that lives abroad has no access to this service without a VPN.
Therefore, a VPN is responsible not only for high security level, but also for unbounded and free Internet usage.
Which VPN providers in our view take privacy seriously?
We’ve prepared a list of five best VPN services for Bitcoin. You can choose one of the following:
This is a terrific VPN service for Bitcoin because you can connect to any of the 136 ExpressVPN server locations in 87 countries and enjoy any content the world has to offer. Any server will never discover your personality because ExpressVPN keeps no logs and they have the best network security thanks to their 256-bit encryption software and great protocols like OpenVPN, PPTP and L2TP which hides your current location and makes you completely anonymous when you make a payment with bitcoins.
VYprVPN / Golden Frog VPN
VyprVPN or Golden Frog VPN is also definitely a great UK VPN for Bitcoin since you can connect to any one of their 700+ servers in more than fifty countries which enables you to enjoy any content you want. VyprVPN has some of the fastest network speeds in the world and they have software that is compatible with just about any device. They also have no restrictions on data transfers or network speeds no matter how much time you spend online which is terrific for staying entertained no matter the hour.
PureVPN is a great and cheapest VPN service. You can enjoy terrific discounted deals when they take out the two-year package. Pure VPN has great security thanks to their protocols and their encryption software and will even allow you to enjoy file sharing and P2P completely safely and securely. You can connect to any of their 500+ servers in 141 countries. If you want to know how to use the Internet completely anonymously – use Pure VPN.
Having decided to reconsider the question of your online security, you can definitely place confidence in NordVPN provider. This one is an ace of the service for many reasons. Full confidentiality, unlimited access and bandwidth, secure Wi-Fi and all that’s on condition your privacy is under defense of 2048-bit SSL ciphering and usage of up-to-date protocols. Having subscribed to the service, you can easily forget about any restrictions you’ve faced while networking, because more than six hundred servers are located worldwide. Moreover, the service keeps no logs and lets using Tor over VPN, which provides you with extra anonymity. In addition, thirty-day money back guarantee and constantly-run specials will waist little time for your thoughts.
SaferVPN is one of the safest choices you can make when it comes to Bitcoin payments. SaferVPN is the perfect VPN for online transactions since you can connect to more than 400+ servers in 30 countries and be completely safe while sharing information and files with friends and family. They use only the best encryption software to secure their networks and their terrific security protocols are basically indestructible. SaferVPN’s software installations are quick and the software is incredibly easy to use on just about any device you may prefer.
As you know, Bitcoin is one of the most secure payments system. Due to its unique characteristics, Bitcoin explores new horizons of possibilities that are not represented by other payments system. It gives you an option to pay for services and stay completely anonymous.
Bitcoin is a valuable instrument to conduct your financial transactions over the Internet. But in our world nothing is perfect. The same is the case for Bitcoin. In spite of all its providing possibilities, Bitcoin has one huge disadvantage. This system is vulnerable to hackers attacks and government spying.
In view of this we highly recommend you to use a VPN service. A good VPN provider encrypts your traffic and protects your transactions against tracking. Keep in mind that a reliable provider grants you completely anonymous operating process and does not keep any logs.