VPN – an Important Tool to Maintain Privacy and Safeguard Bitcoin

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Virtual Private Networks are a life saver in today’s online world. VPNs allow users to hide their identity by connecting to the internet using proxy servers/IP instead of their own. By doing so, they will be effectively hiding their location information from those who are trying to track internet activities.

Be it the policing of the internet by governments, blocking access to certain sites or content over the internet, surveillance, accessing websites and portals that are not available to certain countries or maintaining anonymity while executing bitcoin transactions, VPN connections turn out to be really helpful.

In order to set up a VPN, one doesn’t have to manually add the proxy server address, port number and other relevant information. Various third party VPN service providers offer VPN packages that can be installed like any other software on the computer and users can connect to the location of choice with one click. Most of these are paid services and some of them accept bitcoin payments as well.

Bitcoin has become the most favored currency of the criminals. Cyber criminals and hackers are always looking for ways to make few easy bucks, in the form of bitcoin. Making things complicated is the Bitcoin network itself, which is transparent. Information about all transactions made over the Bitcoin network can be accessed over the blockchain using block explorer services/applications. Combined with other blockchain analysis software, hackers can zero in on a computer making transactions using the connection information, find the wallet balance and launch an attack on it.

Bitcoin network by itself is known to be pseudonymous at best. In order to maintain a certain degree of anonymity, users will have to rely on TOR protocol and VPN services. Some of the leading VPN services that accept bitcoin includes – Private Internet Access (PIA), ExpressVPN and TorVPN are some of them.

It is better to be safe than sorry, whether you use bitcoin or not. Safeguarding personal information is also a priority and a good VPN service will come in handy.

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