nostr:npub1yxp7j36cfqws7yj0hkfu2mx25308u4zua6ud22zglxp98ayhh96s8c399s are you familiar with this paper? Any thoughts?
LN is trackable at state level as is bro, its not trackble if you are not at that level. Read how here ๐
https://muoitran.com/publications/revelio.pdf
But as we see, they will build a different system of custodial/non-custodial wallets that comply with KYC/AML, who dont comply will not be able to inter operate with their system.
This will happen like this. You go to a store to shop something or online, you do the transaction if your funds fail BIS they are blocked and than send to the Bitcoin reserve fund that you all asked for.
This is the way that states figure it out how to steal your bitcoin to put on reserves bro!
Dont you catch it?
Discussion
I have not seen it yet, thank you for the link. I will try to remember to give it a look later.
BTW I do not claim lightning is untraceable; only that if both systems are used well, lightning is harder to trace than monero.
nostr:npub1sy70twa0vadtk8hjs6wt2hmfszduj04tw78ccs3ktmr9u99mfmqsj62srx "BTW I do not claim ligthning is untraceable"
It is very easy for monero people to hear me say lightning has better privacy than monero and infer I must think it is untraceable. But that does not follow. Lightning is traceable too, it's just harder to do
Monero was never traced
Chainalysis traced this monero transaction: e4f525b214ef7310b53dd2e81be42801c7ee1a7c259ac0a093d813b493a788a8
The sender was: 98c88d7d6cee177fdd675763a51c451f36a3de026607fa5d7d1ed1eded0f5a1d
The recipient was: 2e9598dc6d1af0907297b395e71ff4cc7f38818893ccc90f7ff40fbec6820699
They also identify the change-recipient: 838bdcee6c15000a259f9f58172794a1a1bd132750f29aee1ed33bd7de94c85b
Then they follow the change to this tx: a5202cb022921d624d0e9a40a9d7e0cdc4d9cfeb0be11501414fe5a9c0cdd2a8
They got the sender's ip address from the fact that (1) when spending the change output created by the above tx (a520โฆd2a8), the target forgot to use a VPN (2) his wallet broadcasted the resulting transaction via a chainalysis spy node.
Having obtained the targetโs ip address, Chainalysis sent it to police in Columbia, who arrested the target, allegedly a drug dealer. You can view the trace from 34:55---36:51 of this video: https://v.nostr.build/D4Nzp22vRF35IRnz.mp4
In an environment they created with wallets that they know runninh on corrupted nodes.
Real world scenario is 0!
All that takes privacy seriously run their own node through tor or i2p.
Good luck trying to trace my Monero in real world
They didn't create that environment, they were hired to trace a Columbian drug dealer's monero as part of a criminal investigation. It was a real world case.
I was thinking you were talking about the one as i explained.
But here it wasnt monero that failed dude and you know this.
His monero got traced, that's a failure
The trace was due to no fault of the target's
It was monero's fault he got traced
He forgot to use even VPN and is moneros fault that he was traced ๐๐๐๐
That was the transaction *afterwards*
The one I highlighted, he *did* use a VPN and *still* got traced
What should he have done differently?
You are disonest and you know it
Itโs too bad about monero failing, but no need to take out inadequacies on a superior form of money like bitcoin. Just get back up, dust yourself off and take the L like an adult.
Monero is not failing dude.
Bitcoin was the one that failed in be sovereign!
You'll have to do better than accusations, friend
You can see in the video where chainalysis looks up the ip address for the above-highlighted transaction. It is at timestamp 35:37---35:55 and they clearly show it belongs to a vpn
If I was dishonest about this, my dishonesty would show up quite clearly in the video. Just point to a part where I say X and the reality is not X.
Use tor + own node
That is the same to say the dude sell drugs to the undercovered cop and get caught.
Monero did his job, the dude was the one that failed