• jet@hackertalks.comEnglish
    33·
    3 days ago

    Crypto is a not private. The blockchain is public.

    Not necessarily true for all ledgers, such as monero.

    https://www.getmonero.org/get-started/faq/#anchor-different

    Monero uses three different privacy technologies: ring signatures, ring confidential transactions (RingCT), and stealth addresses. These hide the sender, amount, and receiver in the transaction, respectively. All transactions on the network are private by mandate; there is no way to accidentally send a transparent transaction. This feature is exclusive to Monero. You do not need to trust anyone else with your privacy.

    • db0@lemmy.dbzer0.comEnglish
      91·
      3 days ago

      Monero users can and have been deanonymized by the police. Monero also acts as a de-facto tumbler, meaning by using it, you’re money laundering for criminals as a matter of course.