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Author Topic: Privacy on Dogecoin?  (Read 61 times)
Abiky (OP)
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May 21, 2024, 11:12:43 AM
 #1

Has anyone found a way to make DOGE transactions private? Not at the protocol level (although it would be cool), but rather a separate solution like a CoinJoin market. I understand Dogecoin is a "meme" coin and all (not meant to be taken seriously), but having a little privacy doesn't hurt. Especially with increasing government surveillance.

What do you think? Is it worth making DOGE transactions private? If not, why? Can you achieve optional privacy on Dogecoin? Your input would be greatly appreciated. Thank you very much. Smiley

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May 21, 2024, 11:48:31 AM
 #2

I understand Dogecoin is a "meme" coin and all (not meant to be taken seriously), but having a little privacy doesn't hurt.

What do you think? Is it worth making DOGE transactions private?

I have highlighted the first in your topic as to why it is waste of time and money to make Dogecoin transaction private. There are many privacy coins that can do the part and not all of them are being chased by the government agencies or are getting delisted from exchanges. If the government comes after all privacy focused coins there will be someone in these times who will come up with a new coin which will be completely untraceable.

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May 21, 2024, 12:06:39 PM
 #3

There is one old Dogecoin mixing service that existed before. I haven't used it personally, nor do I know if they are very active or not. But back then, there was some speculation that the service offered privacy' protection, which I don't know how effective that is. Since it's a matter of funds, you need to be careful. You can search on Google for "Dogecoin mixer." But there were also several warnings from users who doubted the transparency's legitimacy.
 
But if you really care about enhancing your Dogecoin privacy, you will need to do a little work either by migrating your holdings into layer 2 (like ERC-20) or under the Omni network and operating only on Dex-supported exchanges, or you can swap it to privacy coins like Monero using Dex, then later convert back to Dogecoin and withdraw it back to a sperate wallet, breaking the bridge between it and the old wallet.
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May 21, 2024, 07:00:19 PM
 #4

Has anyone found a way to make DOGE transactions private? Not at the protocol level (although it would be cool), but rather a separate solution like a CoinJoin market. I understand Dogecoin is a "meme" coin and all (not meant to be taken seriously), but having a little privacy doesn't hurt. Especially with increasing government surveillance.

What do you think? Is it worth making DOGE transactions private? If not, why? Can you achieve optional privacy on Dogecoin? Your input would be greatly appreciated. Thank you very much. Smiley

The resemblance of the blockchain level is same as Bitcoin in Doge too, so transactions are public so if someone wanted to create a service to make it harder to trace then it's definitely possible although I don't find anything yet available of similar kind.

So if someone wants to break their trail then deposit to an exchange then withdraw it to another address, since funds goes to the exchange get pooled with hundred others and definitely you're receiving from different sources.









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May 22, 2024, 07:24:25 PM
 #5

There is one old Dogecoin mixing service that existed before. I haven't used it personally, nor do I know if they are very active or not. But back then, there was some speculation that the service offered privacy' protection, which I don't know how effective that is. Since it's a matter of funds, you need to be careful. You can search on Google for "Dogecoin mixer." But there were also several warnings from users who doubted the transparency's legitimacy.
 
But if you really care about enhancing your Dogecoin privacy, you will need to do a little work either by migrating your holdings into layer 2 (like ERC-20) or under the Omni network and operating only on Dex-supported exchanges, or you can swap it to privacy coins like Monero using Dex, then later convert back to Dogecoin and withdraw it back to a sperate wallet, breaking the bridge between it and the old wallet.

If a mixer for Dogecoin exists, it would be centralized. Haven't found a non-custodial solution yet. Speaking of privacy on-chain, I think it will never happen. Especially with the US government going after developers of mixing platforms. I'm yet to see whenever separate L2 solutions with built-in privacy will survive.

If the developers/creators of a privacy-oriented crypto project are publicly-known, we should expect it to fail soon. There doesn't seem to be much demand for privacy on DOGE these days. This is not surprising to me, considering that Dogecoin is a "meme" coin. At least, everything is open source. Hopefully, Dogecoin will remain decentralized for generations. Smiley

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May 22, 2024, 07:46:46 PM
 #6

Nope, not worth it.

The reason as simple, the only things we can do just use (MIXING) and using the addresses are not being identified. To be honest, every transaction is recorded in blockchain even if you are using mixing (not 100% privacy) is more called pseudonymous.

If you are really care about the transaction, using privacy coin is the key while every transaction from address transaction to destination is not being show up into the public on blockchain explorer.

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May 22, 2024, 08:54:51 PM
 #7

Has anyone found a way to make DOGE transactions private? Not at the protocol level (although it would be cool), but rather a separate solution like a CoinJoin market. I understand Dogecoin is a "meme" coin and all (not meant to be taken seriously), but having a little privacy doesn't hurt. Especially with increasing government surveillance.

What do you think? Is it worth making DOGE transactions private? If not, why? Can you achieve optional privacy on Dogecoin? Your input would be greatly appreciated. Thank you very much. Smiley

Interesting and just as with any other protocol I guess it has its merit.  Knowing most people who own doge probably don't even have it in a custodial wallet because they still don't know how to generate or use one I don't know how useful anon would be.  If it ever becomes useful in terms of p2p transactions then I guess yeah it would be good to have.

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May 22, 2024, 09:17:44 PM
 #8

Has anyone found a way to make DOGE transactions private? Not at the protocol level (although it would be cool), but rather a separate solution like a CoinJoin market. I understand Dogecoin is a "meme" coin and all (not meant to be taken seriously), but having a little privacy doesn't hurt. Especially with increasing government surveillance.
You already said it that it is a memecoin. Further methods to make dogecoin private might raise even more suspicions from the government. There are privacy coins out there that you could use but then again they are also being subjected to government’s prying eyes.
Quote
What do you think? Is it worth making DOGE transactions private? If not, why? Can you achieve optional privacy on Dogecoin? Your input would be greatly appreciated. Thank you very much. Smiley
Not really as it might just raise even more issues than when it didn’t have any extra features that implemented privacy

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May 22, 2024, 10:50:46 PM
 #9

Since you are not looking for the dogecoin protocol privacy then it should the transaction privacy like bitcoin p2p and Luke the mixers. I have not even seen any altcoin having a mixer to mix their coins. And if there is any then it will be a good thing to implement and if it was existing then some would have mentioned it in the forum. And o e thing I also understand in dogecoin is that upon all these longevity in the ecosystem all these years, the population is not encouraging and, the uses is not active like other even new coins.

Well for now there is no privacy in the coin but probably when the coin do well in the future mixers companies will look into it and add it to their system and mix it.









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Today at 07:48:27 AM
 #10

Blockchain analysis companies, for the time being, have not shown much interest in monitoring dogecoin. You can use it somewhat privately by avoiding KYC services and not reusing addresses. Dogecoin development has not been very active either at the protocol level or wallets and services level so I would not expect any advanced privacy features to be implemented any time soon.

Like other UTXO coins, Dogecoin could have coinjoin or MWEB, like Litecoin, but users mostly prefer it because they want the price to pump or it’s a temporary solution to high BTC fees. Its users aren’t very concerned with privacy.

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CASINO
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RACING
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Today at 08:25:28 AM
 #11

Like other UTXO coins, Dogecoin could have coinjoin or MWEB, like Litecoin, but users mostly prefer it because they want the price to pump or it’s a temporary solution to high BTC fees. Its users aren’t very concerned with privacy.

Dogecoin or Bitcoin or just every crypto has been mostly preferred for it's volatility or simply to bump and dump. You are right that people use Doge to avoid the high fees on bitcoin network but Dogecoin made it's existence and I won't even surprised at all if people started using it for payments too since fee on BTC on the higher side for year and half.









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Mars,           
here we come!
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ElonCoin.org.
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happen or be a part of it"

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