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It's not hard to do, but it is unlikely to provide the privacy protection you want against any sophisticated chain analyzer, like Chainalysis. Those ZK-pool ba
by carlosdp 5y ago
It's not hard to do, but it is unlikely to provide the privacy protection you want against any sophisticated chain analyzer, like Chainalysis.
Those ZK-pool based mechanisms all depend on the amounts being significantly smaller than the total pool in order to attain reasonable levels of anonymity. Unless you intend to take out incredibly small sums over time (at which point, why take 600m), statistical methods will flag you eventually.
I guess maybe if you wait long enough, in theory those pools could get big enough to allow you to more safely retrieve larger sums. But all the while you are trying to hide this from coworkers and not tell a single soul and live below your means. Easier ways to make a ton of money in crypto right now that don't put you in jeopardy of jail time if/when you screw up.
- mhitza 5y ago> why take 600m Just because that was the amount locked in contracts :) If you have that much money you'll find ways to funnel them out while keeping anonymity. Heck, even selling tokens in real life at half their market value is an option if you're desperate.