Hacker News new | ask | show | jobs
by devwastaken 1370 days ago
This is why eth/bitcoin are not suitable crypto. There should be no address trail, same as cash.
1 comments

Wouldn't the ledger dictate that there is a trail?
I’m assuming they mean something like Monero (maybe also ZK-something). I don’t understand how it works, but enough people say they are anonymous, that I believe them ;)
When the IRS is offering $100k bounties to break the anonymous features, it sounds pretty secure. Although if there is enough interest in breaking the obfuscation, these things normally end up finding the hole.

Only time will tell.

If I wanted people to think I hadn't cracked the anonymous features, I would post a $100k bounty to break it.
And when people go to collect on that bounty?
A lot of security companies with have multiple holes in a system. Having more backdoors isn't a bad thing.
I did think this too. I would hope that I am small enough fish that I'm not worth them wasting that backdoor on, as I assume it will be patched once revealed.

At what point do I have to stop being paranoid so that I can get anything done?

Join me friend and welcome to the finer arts of procrastination, where our minds shall tirelessly conjure up vivid departures from reality in order to avoid doing something simple that needs to be done.