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Re:How the Feds bounced Binance by kzrdude on Saturday December 16, 2023 @05:36PM (#38668410)
There are fully anonymous transactions in some of the cryptocurrencies, like in Zcash I believe. I thought such innovations would overtake and make the original bitcoin obsolete, but I've been very wrong, because bitcoin is still popular.
Re:How the Feds bounced Binance by I_Am_Nous on Saturday December 16, 2023 @05:52PM (#38668543)
I think this fact points out the disparity between people using crypto for ideological reasons and them using it for investment reasons. Most people don't care about the whitepaper, just that "stonks only go up" and buy accordingly. So small, good projects aren't as reliable an investment vehicle as a larger, more established coin that is almost guaranteed to be sellable if needed.
Re:How the Feds bounced Binance by vlovich123 on Saturday December 16, 2023 @07:11PM (#38669099)
I’m not aware yet that any cryptocurrency has been proven fully impossible to deanonymize, especially if there’s any off ramps anywhere.

For example: https://crypto.stanford.edu/timings/paper.pdf is for zcash and monero

It’s possible that someone comes up with a robust mechanism but if you interact with any other coin (crypto or fiat) it can expose additional side channels that are impossible to close.

Re:How the Feds bounced Binance by anonfromsomewhe on Saturday December 16, 2023 @06:27PM (#38668789)
Zcash is flawed lie. They are not fully anonymous or anything. There were several reports how to trace them.
Re:How the Feds bounced Binance by kzrdude on Saturday December 16, 2023 @06:36PM (#38668856)
Could you elaborate on that? I wasn't able to confirm that, but I'm massively out of the loop too.
Re:How the Feds bounced Binance by some_furry on Saturday December 16, 2023 @06:33PM (#38668836)
Can you link to one of them? All I can recall is "shielded isn't default" and "if you transact too quickly it's risky" from recent memory.