/biz/ - Business & Finance

>>54976328
>that contract was awarded.

Yes.

>the bounty was claimed.

No.

>then another $125,000 if the submitted solution proves successful and is approved. A working submission is due in eight months. Testing and development will occur in the ensuing120 days.

Hardly surprising when you consider that the critical information required for establishing who sent how much to whom simply isn't available on the blockchain in the first place.

>>54683421

XMR addresses and amounts do not appear on the blockchain and are thus not subject to chain analysis.

>>54411068
>>tx gets deanonymized by nft metatrash

Critical TX data still secure.

>>53453515
>Actually yes you're onto the method. I'm not going to describe exactly

>I can't specify how exactly they're able to materialize TX data that simply isn't there, just trust me that they can do it, OK?


>>53453548
>my portfolio is 80% XMR, and he is right, if you dont handle it right, you can be traced

lol plz do elaborate, we're all very curious.

>>52468112
>Monero makes use of mixers, that is obsolete and not uptight

lol retard

>>51501779
>It reveals the true input in the transaction.

which cannot be associated with addresses or amounts.

>You are confused. All monero has are one-use addresses. It's fully equivalent to using each address once in bitcoin and other utxo system. They are generated by the sender but that's the real difference.

"one-time stealth address" is a misnomer, "stealth output" is more accurate, there are NO addresses anywhere on the Monero blockchain. Go have a look for yourself, they start with either a 4 or an 8.

>what? No, that's how anonymity works in monero. There are 16 possible inputs. Without it there are only encrypted amounts.

Monero's anonymity comes from ZKPs shielding amounts and there being no addresses written to the chain. Ring sigs simply obfuscate which output is being spent.

>>51025220
>every monero tx stays on the blockchain permanently.
That is a misconception, see picrel. The critical TX never touches the blockchain.

>you'd unironically get better privacy swapping some of your monero into a bitcoin lightning channel and using that for your purchases.
Over half of all LN's capacity is now controlled by a total of 5 entities (~2,260 BTC).
A network like Lightning becomes more and more centralized over time, not less (unlike L1).
Multiple-layer systems will always have a larger attack surface, thus a L2 simply cannot provide comparable privacy guarantees.

All you need to understand if you have a higher than room temperature IQ is that any attempt to scale Bitcoin on L2 in a decentralized way inevitably ends up requiring routing, a means of solving the Byzantine General's problem and tamper-proof records, which is exactly why you have a fucking blockchain in the first place.
https://youtu.be/yGrUOLsC9cw

This subject is clearly beyond your understanding. Go educate yourself before spouting foolishness.

>>50883808
>you'll know when monero finally fixed their critical privacy flaws when they get sanctioned

Monero has already been sanctioned, dipshit, several XMR addresses are on the OFAC blacklist.

Search "XMR" and see for yourself: https://www.treasury.gov/ofac/downloads/sdnlist.txt

The reason nobody gives a shit is because addresses and amounts never appear on the blockchain, so the entire effort is utterly futile.

>>50785426
This picture explains your question. The critical TX never touches the blockchain.

>>50786573
Not even remotely worth as competition, it's still open ledger like bitcoin. Mixers aren't enough to guarantee privacy, they try to mitigate but ultimately fail to do anything.
Also, BCH and BSV are ultimately the same as BTC at the core level: an open ledger, every transaction is permanently recorded in the blockchain and every coin can be traced to its point of origin.

I'll give you a real world example. It took a single random guy less than 12 hours to discover the correct TXID of the challenger. He also used mixers, but that's just a rock on a shoe.
Read about it here:
https://www.reddit.com/r/Monero/comments/q1mkfa/realworld_test_ill_give_you_20_of_xmr_if_you_can/

>>50196169

No addresses appear on the blockchain, ring signatures only serve to obscure the true TXO spend.

>>49376921
>>All the infographics i've seen are the same, it's hard to trace, diffusion etc. But not untraceable or truly anonymous. All anonymity is pseudonymity.

What part of "addresses & amounts never touch the blockchain" is confusing to you?

>>49256759
>>Yeah and when the feds show up to audit your customers' xmr wallet activity you just shrug your shoulders and say "well ciphertrace said it would work but it was all really just a scam but we'll keep paying for it anyway cuz we do billions in volume and need to keep up appearances".

lol do you even understand how Monero works and why deterministically tracing it is impossible?