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Basically,
a "crypto identity." A way for individuals to set up accounts with
various organizations without revealing more information than they wish.
Users may have several digital pseudonyms, some used only once, some used
over the course of many years. Ideally, the pseudonyms can be linked only at
the will of the holder. In the simplest form, a public key can serve as a
digital pseudonym and need not be linked to a physical identity.
Source
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