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Officials arrest suspect in $4 billion Bitcoin money laundering scheme

arstechnica.com

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Re: Officials arrest suspect in $4 billion Bitcoin money laundering scheme

#91
post #26

This is the inherent problem with Bitcoin. It's just not anonymous! Imagine a dollar that has a history of every transaction written on it. Monero is the coin you want.

Technical question: does the coin/satoshi keep this log, o is it the transaction in the block chain?

Re: Officials arrest suspect in $4 billion Bitcoin money laundering scheme

#92

Earlier quoted context omitted.

Private by default, but the default of 2 foreign tx seems to be largely what people use. It'd be fun to trace it and start to show the probability that a given tx traces to a given public key. I imagine that the older tx have closer and closer to a uniform probability across older addresses. Might make for a good data vis project.

Concurred. I hope they increase the default mandatory mixin level.

Why do you assume that the default is too low? There are obvious tradeoffs here, some analysis would do the coin good.
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