Can You Trace Monero? 'It's Hard - But Not Impossible,' Says Nick Bax 👨💻
Plus: Can a privacy network exist? Is Zcash better than Monero?
Nick is the Head of Research at Convex Labs. He has consulted on cryptocurrency fraud detection and mitigation, SIM swapping, and on-chain and off-chain forensics for individuals, private companies, and top crypto VCs. Nick has a Ph.D. in structural biology from Stanford University and studied Chemistry at Princeton.
Here are some of the topics discussed:
how Monero has become harder to trace over time
whether it's possible for common people to trace transactions in a blockchain
what is the Monero payment ID and why it is so important
how easy it is to make mistakes on crypto networks
what would it take for Zcash to become truly anonymous
what developments are necessary for privacy to come to fruition in blockchain transactions
the concept of privacy pools and the comparison with Tornado Cash
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