Bitcoin Nodes Go Anonymous Thanks To The TOR Network

According to the latest data from Bitnodes, it seems that the Bitcoin nodes go anonymous especially as the year started, thanks to the TOR network as we reading further in the latest bitcoin news.

2020 is going to be a huge year for Bitcoin for many reasons and one of the biggest reasons is the upcoming halving which will take place in May. There is a pending update that is supposed to make Bitcoin’s network much more efficient. Both of the events are expected to be the cause of a future bull run that many expect to take place and to launch BTC to a new all-time high. Having that in mind, it is not surprising at all that all eyes are on BTC right now so each move that the project makes is carefully studied. Many noticed a huge trend regarding the Bitcoin nodes and thanks to the TOR network, the bitcoin nodes go anonymous.

According to the data from BitNodes, the first two weeks of the month have seen the number of anonymous nodes increased from 2.1% to 19.7% which is the biggest contribution that the TOR network has even had. It is still unknown why there was an increase of anonymous nodes but there is no denying that the TOR network revolves around privacy and anonymity which is a very helpful tool when it comes to dealing with the issues that the bitcoin network sees during a node setup.
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Setting up a new node usually is very difficult to perform in a way that will allow everyone to see it, but Tor is capable of solving this issue by routing around it. Since Bitcoin continuously grows as a project and the plans for this year, it is not surprising that the new nodes will emerge around the world.  in 2019, it was reported that the nods even surpassed the ones of Ethereum by thousands and not only that but the fans of Bitcoin started making experiments with nodes and tries to run a full node on a Tesla car.

The data from Bitnodes indicates that the number of nodes that use the Tor network has increased from around two hundred to about two thousand. We have seen such growth previously and the most notable one was during the summer of last year. In 2019, the number of nodes that used the TOR network increased to about three times in two weeks before getting to the normal levels. As the number for the TOR-utilizing nodes is increasing, the number of the ones that use IPv4 and IPv6 seems to be dropping which only shows that the users may be relocating to the Tor network forever.