the getmonero website should really remove the false "untraceable" claim and change it to "hardly traceable" or something similar. We all know statistical analysis is possible on Monero.
The guy should have waited and churned.
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
the getmonero website should really remove the false "untraceable" claim and change it to "hardly traceable" or something similar. We all know statistical analysis is possible on Monero.
The guy should have waited and churned.
Monero is untraceable if used correctly. Aleksanteri Kivimäki was not busted because of "Monero tracing". I don't believe anyone has, usually it is simple amount and timing analysis on the swaps in and out of Monero. If someone gets a 5000 XMR ransomware payment and a random guy suddenly deposits 5000 XMR into a centralized exchange, of course you can "trace" that but you are tracing metadata, not Monero itself. Monero is only one tool in the opsec belt.
There are many cases where you can be traced whether you use it correctly or not.
The untraceable claim is just marketing bullshit. Until the major issues are fixed, it will remain flawed and will give a false sense of security.
Few people here knows how to properly break traces, and using it normally isn’t the way to do it (even though it orders of magnitude better than every other cryptocurrency)
the system root did not have a defined password. Vastaamo data breach Aleksanteri Kivimäki was sentenced to six years and three months in prison.