The Hidden Ledger: Understanding Bitcoin's Pseudonymity in Dark Web Transactions

This study examines the complex relationship between Bitcoin and the Dark Web, two giants who have changed the digital world. Private correspondence and illegal transactions are carried out over the "Dark Web" online. Due to its decentralization and anonymity, Bitcoin is excellent for many covert transactions. We thoroughly analyze Bitcoin's appeal on the Dark Web, how it aids unlawful behavior, and its challenges for international regulatory organizations. The report also examines how this link may affect cybersecurity, law enforcement, and the global economy. Our findings demonstrate the need for revised legal frameworks and proactive methods to address the growing issues caused by the Dark Web and Bitcoin. This abstract summarises the paper's major points and briefly overviews its size and findings.