- > Starting around 2014, law enforcement discovered something remarkable: Bitcoin's blockchain was a permanent, traceable record.
It took them until 2014 to read the satoshi white paper?
by hereme888
3 subcomments
- How is this a secret? It's literally a feature: transparent ledgers.
- Use privacy preserving coins such as Monero instead of Bitcoin as it is much more safe. Not bulletproof, but much better.
Monero also complicates any type of investigation much more than Bitcoin. It is very hard for investigators. They also don't want to burn techniques unless the case is absolutely massive.
Also make sure to never use an exchange that forces KYC.
by akimbostrawman
1 subcomments
- Monero works how most people think bitcoin does and what Satoshi wanted it to be.
https://miro.medium.com/v2/resize:fit:1100/format:webp/0*_My...
- What I’m most interested in is: are there proof-of-concepts or any work done on making Bitcoin actually more private and untraceable? Does Lightning suffer from the same traceability issues?
There is a constant flux of papers and prototypes that are not mentioned anywhere (least of all this website) unless you delve deep into technical forums (such as delvingbitcoin) - which I never find the time to stay abreast of.
by patchtopic
1 subcomments
- this kind of blockchain analysis for the non-privacy oriented coins has been well known at least for a decade.. I don't see how it's a secret weapon except against the naive or uninformed
by notepad0x90
0 subcomment
- I think most opsec sensitive people, if they do use BTC it is one wallet per transaction. That said, BTC is still cash-like because your wallet isn't associated with your identity, cops still have to work out that detail.
The NSA was using this sort of tricks long before all this when people tried to use PGP encrypted email.
Either way, if governments allowed payment cards that don't do KYC, it would be more convenient for everyone involved. I don't know how governments suddenly took it upon themselves that in addition to controlling commerce, they get to monitor lawful commerce between law abiding citizens with no suspicious of criminal conspiracy.
Privacy wasn't taken from us, they asked nicely and we shrugged.
- https://en.wikipedia.org/wiki/Tornado_Cash
Ethereum has entered the chat
by _12345678UP
0 subcomment
- All Hail Mastercard?
- Bitcoin , the greatest decentralised centralised payment record.
- password management?
- [dead]
- There seems to be a coordinated effort to down vote technical insight in this thread.
Some entity does not want this type of info out there.
- It was never a secret, it was a design choice from the start.
People don't actually pay attention to what powers the pyramid scheme they participate in?
- Fascinating how blockchain’s transparency has flipped the script on crypto anonymity. Law enforcement now uses forensic tracing to dismantle criminal networks, from dark web markets to ransomware rings. The real challenge remains jurisdictional reach, not technical capability.
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