3 ms·
> Don't use mixers and tumblers, use Monero and/or Monero atomic swaps. Monero doesn’t make your transactions anonymous, it makes them ambiguous. your wallet m
by wallacoloo 5y ago
> Don't use mixers and tumblers, use Monero and/or Monero atomic swaps.
Monero doesn’t make your transactions anonymous, it makes them ambiguous. your wallet might default to using an n=6 ring signature, meaning it picks 5 random addresses with balances and creates a transaction that could have plausibly originated from any of those 5 or your own. so you get plausible deniability, but also if your threat actor can unmask the other 5 addresses (which might not be so hard if those accounts are regularly interacting with exchanges) then you’re done.
zcash gets you actual transaction-level anonymity, not just ambiguity. fewer places accept it, but in theory you can still break the link by obtaining zcash and then exchanging it for the currency of your choice on any exchange that doesn’t ask for PII (e.g. a DEX)