this post was submitted on 05 Sep 2024
32 points (92.1% liked)
Monero
1662 readers
30 users here now
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Very interesting video. Is far as I can see, there are really only three points of weakness that were exploited by the chain analysis. The first was if the transaction was started using one of their Monero nodes. The second was exchanges or partner services. The third was the fee structure used. So as long as you use the default fees, use trusted Monero nodes (especially your own), and you either don't use exchanges/partner services or at the very least, have multiple wallets where each wallet connects to at most one exchange/service (i.e. one wallet has public money inflows from a single service and another has public money outflows from a single service), it would be virtually impossible to have your transactions traced.
Your suggestion to have separate wallets for inbound, and outbound doxxed transactions is actually very good