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If you put 123ETH into Tornado from address A and then withdraw 123ETH shortly after from Tornado to address B this will be written to the blockchain. It might
by k__ 5y ago
If you put 123ETH into Tornado from address A and then withdraw 123ETH shortly after from Tornado to address B this will be written to the blockchain.
It might not be evidence that A and B are your addresses, but strong implications.
So, you put it into Tornado and wait days, weeks, or even months, so it could be a random transaction.
- Nextgrid 5y agoI wonder what would be a legitimate, non-suspicious reason to interact with such a service at all?
- ceejayoz 5y agoThere are entirely legal, legitimate things one might do while still wanting to have some privacy about it. Buying porn, for example, might be something you're fine with but not really want tied to your known address.
- garbagetime 5y agoEven things like buying houses (and I have heard of people buying houses with ETH). People generally like privacy when it comes to medium and large purchases, regardless of what it is that they are purchasing.
- pjc50 5y agoIt would be illegal to anonymously buy property in the UK. https://www.gov.uk/government/publications/how-to-buy-a-home/how-to-buy#id-checks https://www.gov.uk/government/publications/how-to-buy-a-home... > People generally like privacy when it comes to medium and large purchases The "war on money laundering" goes against this.
- ceejayoz 5y agohttps://www.cbsnews.com/news/pandora-papers-uk-real-estate-hiding-assets-shell-companies-corruption/ https://www.cbsnews.com/news/pandora-papers-uk-real-estate-h... > But the recent Pandora Papers leak has revealed that U.K. properties worth nearly $5.5 billion, according to those who've analyzed the documents, have been purchased through offshore shell companies that hide the owners' identities. > "Using a shell company means that no one need ever know that the asset is yours," said anti-corruption activist Duncan Hames, Director of Policy at Transparency International. "Indeed, the British government probably doesn't know."
- k__ 5y agoAll transactions are public. People can simply crawl the blockchain for addresses that have a good amount of money and then check which of them they can relate to persons. If they know you and how much your crypto net worth is, they might start to attack you in some kind of way to get your private key. If you tornadoed that money in an address that can't be linked to other addresses anymore, the work to relate the address to you might be too big so people won't try.
- deleted 5y ago[deleted]
- bouncycastle 5y agoA very legitimate use is if you have a public .eth address but want to keep your remaining private addresses private. Privacy is security.
- i_like_waiting 5y agoIf I am not mistaken, the mixer has function to define how much you want to get out and on which address so 123 in from address 1, 100 out to address 2, 10 out to address 3, 13 out to address 4, if there is 1000 transactions daily, it gets a bit messy to match input and output. Only real issue would be if you deposit 10k ETH to pool with 100ETH, then it would be hard to go unnoticed Edit: HN destroyed formatting