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Chainalysis: A startup that helps governments trace crypto

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Re: Chainalysis: A startup that helps governments trace crypto

#91
They help anyone who wants to pay trace crypto. Their product is well implemented, and they have skilled and motivated people. There are competitors who offer similar, and in my opinion not as well done, but for considerably money.

I don't like the way any of these companies encourage authorities to impose requirements for KYT, but it's unsurprising.

Re: Chainalysis: A startup that helps governments trace crypto

#92

As far as I know, the state of crypto privacy is that everything is directly traceable except: * Bitcoin lightning transactions when the lightning nodes involved are trusted to not keep logs * Transactions through mixers with a lot of users * Monero transactions * Zcash private transactions And everything is de-facto traceable except: * Tornado cash users who use standard-size amounts (or users of another equivalentl…

Satoshi's largest error was not making Bitcoin private by default and it strikes me as out of character given his/her level of commitment to being anonymous.

Dude, he was the inventor of cryptocurrency, did you except him to get everything right at once.

Re: Chainalysis: A startup that helps governments trace crypto

#93
post #87

I hope the feds hunt down and arrest everybody who used multiple slurp juices on a single ape. There's XMR, some interesting little projects like DERO, and a vast sea of tokenomic pyramid scheme garbage that governments can and should stop.

> I hope the feds hunt down and arrest everybody who used multiple slurp juices on a single ape. Can I get this on a t-shirt? I have no idea what it means, but it sounds amazing.

a lotta yall still dont get it. ape holders can use multiple slurp juices on a single ape. so if you have 1 astro ape and 3 slurp juices you can create 3 new apes. tonight's slurp juice mint event is essentially a minting event for both Lab Monkes and Special Forces.

Re: Chainalysis: A startup that helps governments trace crypto

#94

Earlier quoted context omitted.

Satoshi's largest error was not making Bitcoin private by default and it strikes me as out of character given his/her level of commitment to being anonymous.

Dude, he was the inventor of cryptocurrency, did you except him to get everything right at once.

"Alexander Graham Bell's largest error was to not build end-to-end encryption by default in the telephone."

Re: Chainalysis: A startup that helps governments trace crypto

#95

>Chainalysis software puts the lie to the idea that Bitcoin guarantees anonymity. I, for one, am shocked that moving decentralized currency to a centralized service that knows your identity de-anonymizes said currency.

Almost any use of bitcoin will de-anonymize you through some heuristic.

Almost.

Re: Chainalysis: A startup that helps governments trace crypto

#96
post #69

Earlier quoted context omitted.

Satoshi's largest error was not making Bitcoin private by default and it strikes me as out of character given his/her level of commitment to being anonymous.

So is it safe to say Monero is a sort of Bitcoin 2.0? I mean if Bitcoin had 'versions' that would be great. Then we wouldn't have to invent entirely new cryptocurrencies, we could just iterate on existing ones, and have our userbase intact without having to 'gain traction' for an entirely new alt-coin.

many cryptocurrencies do have 'versions' of a sort. See ethereum's recent one known as "the merge" which moved that currency to a completely different consensus algorithm!

Re: Chainalysis: A startup that helps governments trace crypto

#97

I hope the feds hunt down and arrest everybody who used multiple slurp juices on a single ape. There's XMR, some interesting little projects like DERO, and a vast sea of tokenomic pyramid scheme garbage that governments can and should stop.

Context for the joke:

https://www.buzzfeednews.com/article/katienotopoulos/you-can...

Re: Chainalysis: A startup that helps governments trace crypto

#98

Earlier quoted context omitted.

>they're not going to let some random geeks make trillions of dollars vanish. i've heard this sentiment conveyed in the crypto space since 2011... still waiting on this prophecy to come true. Due to incompetence, profit motive or traitors to their country, who can tell the difference? (Paraphrasing Robespierre here)

In what way has this not come true? It isn’t random geeks getting rich off of crypto anymore it’s institutions

well... these institutions are a bunch of random geeks? Have you ever been to any of the crypto hackathons? From Jump Capital, to Parity It's a bunch of geeks who where obssesed with flipping on the grand exchange in runescape, got into crypto and are now adept at Rust, flipping bots and essoteric coding concepts like "Ownership".
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