News for hackers. Stuff that matters.
Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by Aerialoo on Friday August 28, 2020 @12:54PM (#24307116)
The vigilantes? They are literally trying to destroy privacy and fungibility on the network. Thank god for CoinJoins.
Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by X6S1x6Okd1st on Friday August 28, 2020 @01:02PM (#24307223)
vigilantes are people that go out and impose their version of justice on the world. Just because your vision of justice includes privacy & fungibility doesn't mean everyone's does.
Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by hatenberg on Friday August 28, 2020 @01:36PM (#24307669)
Vigilantes spawn in place of formal enforcement of justice. Given that Bitcoin is designed with that void in mind it was inevitable.
Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by X6S1x6Okd1st on Friday August 28, 2020 @02:11PM (#24308160)
Or where they feel like their vision of justice is not being enforced.
Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by nitrogen on Friday August 28, 2020 @01:00PM (#24307201)
If that's even possible that is the network's fault.
Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by X6S1x6Okd1st on Friday August 28, 2020 @01:03PM (#24307238)
Depends on the goals and tradeoffs of the network
Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by treebornfrog on Friday August 28, 2020 @01:15PM (#24307412)
Agreed. I'm not a fan of chainalysis.

Monero ftw.

Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by prophesi on Friday August 28, 2020 @02:08PM (#24308130)
I think there's room to be both a fan of Chainalysis _and_ privacy coins. The former will hopefully expedite the general adoption of the latter.
Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by sgp_ on Friday August 28, 2020 @03:14PM (#24308845)
Exactly, people freak out when companies look at public data on an open, permissionless network. What did you expect?
Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by boring_twenties on Friday August 28, 2020 @02:04PM (#24308075)
CoinJoin isn't a serious solution. If you want privacy, you need Monero.
Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by jungans on Friday August 28, 2020 @02:17PM (#24308243)
Privacy is a continuum. CoinJoin offers a trade-off between privacy and convenience. It is good enough for some cases.
Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by boring_twenties on Friday August 28, 2020 @02:28PM (#24308372)
Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by sgp_ on Friday August 28, 2020 @03:18PM (#24308877)
Is having your coins flagged by an exchange for using privacy features convenient?
Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by Aerialoo on Sunday August 30, 2020 @07:12PM (#24326814)
CoinJoins exist exactly to fix the problem of fungibility.
Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by natcombs on Friday August 28, 2020 @01:27PM (#24307534)
> destroy privacy and fungibility on the network

Do people expect privacy from the bitcoin network?

Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by Pick-A-Hill2019 on Friday August 28, 2020 @02:54PM (#24308646)
The 'Noobs' and low hanging fruit do. Fortunately the internet can be used to educate, guide and inform.
Re:Chainalysis in Action: Justice Dept Demands Forfeiture of... by Aerialoo on Sunday August 30, 2020 @06:58PM (#24326720)
I can assure you that's not true, a lot of good developers like Chris Belcher are actively working towards it and even receive grants. New BIPs also propose privacy improvements. Anyone can care about privacy. It's a pseudo-anonymous network, but it can be used anonymously.