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/d/Monero

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Secure • Private • Untraceable

v0.18 ~ Fluorine Fermi

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xmrs privacy

by /u/postage22 · 1 votes · 2 weeks ago

How sure are we that xmr is still not traceable ? I remember reading a couple years ago about a new ciphertrace tool . being its years later I'm just curious how we know its still as private as its said to be

Comments (2)
/u/UberChad · 3 votes · 2 weeks ago · Link

Do you understand how Monero works? Addresses and amounts never appear on the blockchain so chain analysis is impossible as far as those are concerned, at least for as long as the cryptography remains unbroken. And since Monero relies on widely-used cryptographic libraries, if Monero is cracked so is pretty much everything else.

The only theoretical vulnerability is the true spend (will be fixed by a move to full membership proofs) being guessed correctly but that still wouldn't reveal anything about the addresses or amounts involved and has to date this has never actually happened out in the real world.

The CipherTrace publicity stunt proved to be a big juicy nothingburger, its been like 3 years now and still exactly ZERO indictments specifically referencing the tracing of XMR transactions have surfaced.

So relax, Monero works as advertised and will only get more secure with future upgrades.

/u/BenitoMussolini · 1 votes · 2 weeks ago · Link

It has the best security/popularity ratio and is the most recommended OpSec cryptocurrency of the DN

Use it without worries