Monero Is Less Untraceable Than It Seems

Re:Monero Is Less Untraceable Than It Seems by chatmasta on Tuesday March 27, 2018 @07:46AM (#16687381)

> That shouldn’t just worry anyone trying to stealthily spend Monero today. It also means evidence of earlier not-quite-untraceable payments remain carved into Monero’s blockchain for years to come, visible for any snoop that cares to look.

This is the key point from the article and it applies to every cryptocurrency. Just because a crypto seems anonymous now, does not mean it will be forever, and all the transactions from “now” will still be on the blockchain “forever.” Almost ironically, scrutiny of a currency increases with its usage, so you’re probably better off just not using cryptocurrencies to commit crimes.

P.S. Anyone got the link to the paper? Can’t believe wired didn’t even link to it

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Re:Monero Is Less Untraceable Than It Seems by weber111 on Tuesday March 27, 2018 @07:53AM (#16687418)

https://arxiv.org/pdf/1704.04299/

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Re:Monero Is Less Untraceable Than It Seems by plasticmachine on Tuesday March 27, 2018 @09:26AM (#16688065)

Same goes for TLS - there's ample evidence that TLS data is being suctioned up at scale and stored for eventual decryption.

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Re:Monero Is Less Untraceable Than It Seems by taneq on Wednesday March 28, 2018 @09:22AM (#16697425)

> Just because a crypto seems anonymous now, does not mean it will be forever

Just because a crypto <anything> seems safe now, does not mean it will be forever.

"You can't hide secrets from the future with math."

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