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Not all crypto transactions. Some blockchains effectively use advanced cryptography to obscure sender, recipient, & amount beyond any known methods of revealing
by gojomo 4y ago
Not all crypto transactions. Some blockchains effectively use advanced cryptography to obscure sender, recipient, & amount beyond any known methods of revealing them.
Zcash & Monero are the leaders here. Zcash, used with its fully ‘shielded’ addresses, is theoretically strongest; Monero probably enough against most realistic threats – but maybe a very-deep-pocketed nation-state could decode some flows.
But neither creates an ‘open Venmo’ or Bitcoin-like full public record of payers/payees/amounts for casual analysis by anyone.
[Disclosure: I’m a compensated advisor to the company, now a nonprofit, that initially launched Zcash.]