4 ms·

Monero is still traceable with dust transaction analysis.

by R0b0t1 6y ago

odomojuli 6y ago
Fascinating. I've seen political organizations using a zcash address for collecting donations, is that technically any better? I'm aware that creating bit tumblers for laundering currencies in cycles is largely out of practice now, has there been any recently development towards traceless transactions? How does is traceability compatible or incompatible with the process of verifying transactions via chaining blocks?
- R0b0t1 6y ago
  https://www.youtube.com/watch?v=YgtF7psIKWg&feature=youtu.be&t=3701 https://www.youtube.com/watch?v=YgtF7psIKWg&feature=youtu.be... https://tokyo2018.scalingbitcoin.org/transcript/tokyo2018/how-much-privacy-is-enough https://tokyo2018.scalingbitcoin.org/transcript/tokyo2018/ho... https://arxiv.org/pdf/1704.04299/ https://arxiv.org/pdf/1704.04299/ Basically, the chaff transactions go to/from wallets actually owned by people. If you analyze enough of the chaff transactions, especially when the XMR that made them up is respent, you can deanonmyize users. This is why people recommend you do not reuse wallets often but that still does not solve the problem. Zcash I think is secure, or is per most analyses I've read.
Exuma 6y ago
Can you describe what that is in more detail? that’s fascinating because i thought monero was untraceable from their claims
- R0b0t1 6y ago
  https://www.youtube.com/watch?v=YgtF7psIKWg&feature=youtu.be&t=3701 https://www.youtube.com/watch?v=YgtF7psIKWg&feature=youtu.be... https://tokyo2018.scalingbitcoin.org/transcript/tokyo2018/how-much-privacy-is-enough https://tokyo2018.scalingbitcoin.org/transcript/tokyo2018/ho... https://arxiv.org/pdf/1704.04299/ https://arxiv.org/pdf/1704.04299/ Basically, the chaff transactions go to/from wallets actually owned by people. If you analyze enough of the chaff transactions, especially when the XMR that made them up is respent, you can deanonmyize users. This is why people recommend you do not reuse wallets often but that still does not solve the problem. Zcash I think is secure, or is per most analyses I've read.

Monero is still traceable with dust transaction analysis.

by R0b0t1 6y ago

Monero is still traceable with dust transaction analysis.

Fascinating. I've seen political organizations using a zcash address for collecting donations, is that technically any better? I'm aware that creating bit tumblers for laundering currencies in cycles is largely out of practice now, has there been any recently development towards traceless transactions? How does is traceability compatible or incompatible with the process of verifying transactions via chaining blocks?

R0b0t1 6y ago
https://www.youtube.com/watch?v=YgtF7psIKWg&feature=youtu.be&t=3701 https://www.youtube.com/watch?v=YgtF7psIKWg&feature=youtu.be... https://tokyo2018.scalingbitcoin.org/transcript/tokyo2018/how-much-privacy-is-enough https://tokyo2018.scalingbitcoin.org/transcript/tokyo2018/ho... https://arxiv.org/pdf/1704.04299/ https://arxiv.org/pdf/1704.04299/ Basically, the chaff transactions go to/from wallets actually owned by people. If you analyze enough of the chaff transactions, especially when the XMR that made them up is respent, you can deanonmyize users. This is why people recommend you do not reuse wallets often but that still does not solve the problem. Zcash I think is secure, or is per most analyses I've read.

Exuma 6y ago

Can you describe what that is in more detail? that’s fascinating because i thought monero was untraceable from their claims

R0b0t1 6y ago
https://www.youtube.com/watch?v=YgtF7psIKWg&feature=youtu.be&t=3701 https://www.youtube.com/watch?v=YgtF7psIKWg&feature=youtu.be... https://tokyo2018.scalingbitcoin.org/transcript/tokyo2018/how-much-privacy-is-enough https://tokyo2018.scalingbitcoin.org/transcript/tokyo2018/ho... https://arxiv.org/pdf/1704.04299/ https://arxiv.org/pdf/1704.04299/ Basically, the chaff transactions go to/from wallets actually owned by people. If you analyze enough of the chaff transactions, especially when the XMR that made them up is respent, you can deanonmyize users. This is why people recommend you do not reuse wallets often but that still does not solve the problem. Zcash I think is secure, or is per most analyses I've read.