3 ms·
Namely?
by Forbo 7y ago
Namely?
- hackinthebochs 7y agoRing signature size is still a problem. Yes, it masks the originating address of a transaction. But you know its 1 of N (currently 11 I think?). We know that most people buy coins from exchanges and then send them to their destination. An authority can simply subpoena every top exchange for users for whom any one of the addresses in the ring signature belong to. That's 11 addresses. If we assume the user may have made an intermediate transaction, we can go up two levels. That's 11^2 addresses. Three levels, 11^3. Given normal people's typical usage, monero's anonymity falls to broad subpoena power.
- nullbyte 7y agoOnce you tumble your coins in the Monero blockchain, it's practically untraceable. Every transaction makes it harder and harder for authorities to track. At this point in time, consensus is that Monero is safe.
- hackinthebochs 7y agoYou should try to address my points rather than just repeat the party line.