Nostr Web Client

Seeing this stat again: “…transactions can be traced in 60% of cases to get a usable lead.”

But what does that mean? Are they using pure chain analysis, or are they catching users at fiat on/off ramps? Are they raiding homes and finding wallets and seed phrases?

If the number is truly 60%, why aren’t we seeing more press releases about huge #monero #xmr takedowns like we do with other cryptos? Perhaps that will happen in the future, but for now I say it’s FUD.

https://bitcoinist.com/how-traceable-monero-transactions-compared-bitcoin/

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Discussion

paranoia machinery 2y ago

also, in all the so-called "traceable" trnasactions the person swapped from another crypto into xmr, or from xmr to another crypto, leading me to believe they can't trace monero but they can use heuristics from other chains to match amounts going in and out from other coins

hopfield 2y ago

Agreed. I think that’s what is happening.

XMR Future 2y ago

Users trading Monero on CEXes?... 😂

But seriously it is probably something external to monero, as you say on/off ramps, where they are "tracing" would be my guess.

I watched the full video that the article mentions and he doesn't elaborate. The vagueness of the claim on what they mean exactly, and name of the website seems somewhat suspect to me. Clickbait?

hopfield 2y ago

Yes, the claim is suspect and I probably succumb to clickbait, dang it.