Monero Busted , You Decide?

[kiklo]

Monero Transactions History Can Be Revealed and Exposed: Research

https://cointelegraph.com/news/monero-transactions-history-can-be-revealed-and-exposed-research
http://monerolink.com/monerolink.pdf


FluffyPony now claims 80% of transactions are untraceable.

So 20% of your transactions are Fucked.

Guess which % your Transaction are in?    

They probably only need one of those 20% transaction to get a warrant for the rest.  

Only question now is, can you get out before the price crash?  


 

FYI:
Tune in next week , when only 40% of your transactions are untraceable.
Then in the months , following None of your Transactions were untraceable.
Then a year later, here is a picture of your cellmate. (FYI: He likes to Snuggle.)  



FYI2: According to  Andrew Miller. 100% of your old transactions are traceable.

AM: So to be more clear, we analyzed two ways of linking Monero transactions.
The first one leads to “conclusive” linking like we can tell with 100 percent certainty that a particular transaction is linked to another.
This method only applies to older transactions.

[serje]

Has an official point of view released?
I wold like to know what they have to say!

[kiklo]

Has an official point of view released?
I wold like to know what they have to say!

Read the links , this was the official response.

Monero developer Riccardo Spagni, aka FluffyPony, commented on Reddit:

80% of transactions are not traceable.

That mean even the official responses, leaves 20% as traceable.  

AM say 100% of the old was traceable and up to ~50% of the new transactions are traceable.


 

[smooth]

AM say 100% of the old was traceable and up to ~50% of the new transactions are traceable.

He does not say that. He never claimed 100% of anything (though some high numbers like 80-90% on early transactions; see Table 2 on page 6 of the paper), and the paper says this about current transactions:

The weakness studied in this section is pri- marily a concern for transactions made in the past, as transactions using the new RingCT transaction option are generally immune.

RingCT was activated in January and essentially 100% of new transactions are now RingCT (stats here: http://moneroblocks.info/stats)

Even before RingCT the vulnerability was plummeting due to earlier improvement (mostly mandatory minimum mix factor). See gray line on Figure 5, page 6.

These issues have all been widely known, widely discussed, written up in at least two papers, and the motivation for two widely-publicized hard forks. This is all a rehash and FUD pushed by Zcash.

EDIT: Oh I see you are misinterpreting his quote:

The first one leads to “conclusive” linking like we can tell with 100 percent certainty that a particular transaction is linked to another.
This method only applies to older transactions.

He does not say this applies to 100% of old transactions. It is 100% certain as far as tracing when it applies, but that is only for a portion of those old transactions (%ages given in the table I mentioned above)

Nor does he say that 50% of new transactions traceable (in fact none are according to the methods of the paper). The paper states that because coins are more likely to to be respent in a short amount of time, the most recent output in a ring signature is more likely to be the real one, but you still can't conclude that it is. Often it won't be. These are still untraceable. This issue is also long known, partially mitigated and continues be improved, and this too is acknowledged in the paper:

Each subsequent update to Monero’s mixin sampling procedure has improved the resistance of transactions to the Guess-First heuristic.

[DrkLvr_]

Some shameful shit by zcash cronies Andrew Miller and Zooko, even by crypto standards  

[kiklo]

@Smooth ,

No matter how you want to complain about the % #s.

Even Fluffy pony says 20% are traceable, so what good is monero , when you don't know if you are in the 20% or not?
or
do you have instructions for people that can guarantee they are in the ~80 untracable % ? 

 

[The Sceptical Chymist]

LOL, I always assume ALL of my transactions are traceable, though I don't use monero or the dark web.  If you need to do shit with your money requiring anonymity, USE CASH.  Face-to-face.  That's pretty damn untraceable, though there are always problems.  Anyone who uses crypto thinking they're anonymous...forget it.  You'll be in a pound-me-in-the-ass federal prison in no time, with no money, and no shorts on, bent over your bunk with the door locked.

[smooth]

Even Fluffy pony says 20% are traceable, so what good is monero , when you don't know if you are in the 20% or not?
or
do you have instructions for people that can guarantee they are in the ~80 untracable % ?  

I don't know what fluffy said, but the paper makes no claim at all about current (RingCT) transactions. That's a fact.

We always have and probably always will tell people that no technology is perfect and there are many known (and likely unknown) flaws in Monero. Use at your own risk. I would apply the same to anything.

Regarding what fluffy allegedly said, if you are referring to the CT article, he was quoting someone else's FUD from twitter, and disputing it. If you think he was making that 80% statement himself, you misread it (I think the author of the article did too)

[kiklo]

Even Fluffy pony says 20% are traceable, so what good is monero , when you don't know if you are in the 20% or not?
or
do you have instructions for people that can guarantee they are in the ~80 untracable % ?  

I don't know what fluffy said, but the paper makes no claim at all about current (RingCT) transactions. That's a fact.

We always have and probably always will tell people that no technology is perfect and there are many known (and likely unknown) flaws in Monero. Use at your own risk. I would apply the same to anything.

Regarding what fluffy allegedly said, if you are referring to the CT article, he was quoting someone else's FUD from twitter, and disputing it. If you think he was making that 80% statement himself, you misread it (I think the author of the article did too)

So are you saying for the Record , with a 100% Guarantee that None of Monero's Transactions are traceable?
Because that is what Monero users want to hear.

And if you can't who can officially for Monero, because the article states 80% by fluffy pony , so if that is not accurate he needs to set the record straight.


 

[Patinix]

This is actually bad news for the coin. Not completely busted though.

[Red_Sanford]

Well it must not be news because the price certainly isn't reacting to this story

[smooth]

Even Fluffy pony says 20% are traceable, so what good is monero , when you don't know if you are in the 20% or not?
or
do you have instructions for people that can guarantee they are in the ~80 untracable % ?  

I don't know what fluffy said, but the paper makes no claim at all about current (RingCT) transactions. That's a fact.

We always have and probably always will tell people that no technology is perfect and there are many known (and likely unknown) flaws in Monero. Use at your own risk. I would apply the same to anything.

Regarding what fluffy allegedly said, if you are referring to the CT article, he was quoting someone else's FUD from twitter, and disputing it. If you think he was making that 80% statement himself, you misread it (I think the author of the article did too)

So are you saying for the Record , with a 100% Guarantee that None of Monero's Transactions are traceable?
Because that is what Monero users want to hear.

Please read what I wrote above.

And if you can't who can officially for Monero, because the article states 80% by fluffy pony , so if that is not accurate he needs to set the record straight.

fluffypony's actual quote is in the article. Read it properly.

[kiklo]

We always have and probably always will tell people that no technology is perfect and there are many known (and likely unknown) flaws in Monero. Use at your own risk. I would apply the same to anything.

OK, so you guys put out a anon coin with absolutely ZERO guarantees that it is not traceable.
&
this
AM guy says that many of your transactions are traceable but you Monero guys claim it is a hit piece.

But at the same time you Monero Guys hide behind the unknowns.

So the most accurate assumptions for any Monero Users is to assume that none of the transactions are truly anon, and at some point they will be made public.
If they are not , then yay, if they are then you knew it was coming.  

Why are people using monero over other coins again?

For the anon, Yeah.