Re:Online privacy: to what extent should you try to go dark?
by 1vuio0pswjnm7 on Saturday June 18, 2022 @06:22AM
(#31788654)
For example, IRS paying $625,000 award to company who can help trace Monero
Re:Online privacy: to what extent should you try to go dark?
by icelancer on Saturday June 18, 2022 @04:02AM
(#31788053)
CipherTrace didn't even win the actual contract from the IRS; Chainalysis did.
CipherTrace's tools - by their own admission - can only provide probabilistic analysis and not deterministic analysis.
They'll help in an investigation, but are hardly a silver bullet.
Lets assume Monero is untraceable. Did MasterCard buy a company that cannot deliver on its promise of Monero tracing. In 2020, it was announced that American tax dollars were paid by DHS to CipherTrace for "tools" to trace Monero transactions.
Thought experiment: What is the financial incentive to keep transactions "untraceable". Is it greater than the financial incentive to make transactions traceable.