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Title :  The most privacy-coins Are not Private - Bitcoin news
Lasting :   16,17
User :  Volar
Date of publication :   2019-10-18
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The privacy of the parts are for private. That’s reason d’être. Strip you the privacy, and you will be just altcoins, and dangerous, with the potential to deanonymize their users and show their secrets. A number of recent reports cast doubt on the confidentiality of the functions, the coins, such as zcash and monero.

Also read: to Sell Mandela’s Hand in Gold for us $ 10 million in Bitcoin

It’s safety in Numbers

Zcash is a controversial area for a number of reasons, such as &for the artist: "the founder of a reward,” that sees 20% of all the extracted parts in the first four years going to be the stakeholders. The technology, which zcash private transactions, zk-Snarks, which is commonly used to the privacy of the coins in the same family as zclassic, zencash, and bitcoin is a private. The problem with the zcash, so that the defenders of privacy are concerned, it is shielded (j'.private e) the transactions have not’t, which is enabled by default. In fact, 85% of the zcash-transactions, private transactions are open to the public, and to support some of the zcash portfolio don’t even.

Less the number of persons for the anonymity, it is easier to deanonymize those who are. That’s why a network like Tor is using more and more effective, the more people, there. It’s safety in numbers, and without shielded transactions by default, zcash, is activated, it allows those who choose to volunteer, you can use this function to automatically suspect anyone in the monitoring of website traffic, as the three-letter agencies.

The leaks by Snowden revealed that the NSA stores data transport is encrypted, the objectives and the web, the reasoning is that, if someone’s gone, the penalty for the encryption of e-mails, you need to have something to hide. If Google encrypt should, Gmail, by default, it automatically fills in the under water cable hanger from the NSA with such distorted data, the suspicions, the experiments in connection with the use of encryption, rendering the study of the meta-data of importance. The zcash team, spoke of his desire on all transactions, shielded standard, after all, if the words &the artist is;to maintain which, we hope, one day, the standard”, you’access re not in a hurry to get there.

The Possibility Of Anonymity Not Anonymous

The data show that, when the privacy must be activated, most people go with the "standard" setting. In more than 85% of all zcash transactions, public, 69% of all zclassic transactions are also not shielded. It’s the same thing with the rod, the privacy of a coin, their privacy features have been repeatedly called into question, and is rarely used in private transactions.

zk-Snarks, the technology of the anonymity it offers, to the z-family of the coins dependent on the confidence of the installation, which requires that the coin’s Creator has not noticed, the services of a master key). So, there is no reason to suspect that the development team, the point of the whole of the cryptocurrency, it’s trustless, eliminating the need to rely on the good will of the other. The obvious solution for all those who treatment, which is anonymous, do not use a coin such as monero and with the default privacy policy setting, but also that’s without problems.

Monero Is Not Immune To Privacy Issues

Concerns about the ease with which zcash users can theoretically remained deanonymized for a while. Monero was largely immune to criticism similar to, but a new document is to encourage the research the deep web’s, the privacy coin. In An Empirical analysis for the traceability in the Monero Blockchain, the researchers from institutions belonging to the place, the vulnerabilities in the transactions carried out before the room’s privacy tech was updated to the Ring-transactions with Confidential data. To recognize with its new functions for the protection of the data, the researchers were able to the actual part of the parody of the parts used to hide the transaction to 45% of the time.

Peel the privacy

&for the artist: the privacy is a prerequisite for the rights of the people” read the title for Chapter 6 from Wendy McElroy’s book Of Satoshi Revolution, serialized on news.Bitcoin.com. In it, she writes:

For Satoshi, the transparency of the blockchain was not only advantageous, but also has a real privacy—a privacy was based on the maintenance of the public key anonymously, and never in connection with a true identity. In other words, the protection was a real Name, was the privacy. And the first line of protection for a proper name was the use of anonymisation, pseudonymisation, or polynymity (multiple personas).

In the same Chapter, McElroy quotes from Satoshi, who explained that with bitcoin, &for the artists, The audience can see that someone has the shipment in a sum to someone else, but without information, the transaction to every person. This is comparable with the level of information of the stock exchanges on which the time and the size of individual trades, l' &the artist;tape”, is made public, but without speaking with the parties.”

For a while this system has good s works, with those who wished it, bitcoin’pseudonymisation will be able to separate the, whose image is in the public portfolio of your address. In time, bitcoin has started to be more regulated, which means that is the only way to purchase coins, was requested of the framework for an exchange, please send an e-mail address and the name, and finally, full of KNOWLEDGE. At the same time, blockchain-mapping tools have been developed that it is easier to forgive for the application of the law, virtual identity in the real world, that was one of the factors assigned to the arrest of Ross Ulbricht.

How monero’s Riccardo Spagni granted, Wired, &for the artist: the privacy isn’t a thing you achieve, it’s a constant game of cat-and-mouse battle.” (Pretty good privacy) is perhaps the more expected, for the moment, enough to ensure that anonymity in the here and now, but perhaps not enough to counteract a three-letter-Agency with the tools and determination to identify a specific user. With the privacy of the parts, such as monero and zcash is still better than no life at all to private all of them. But they should not be used to completely anonymous transactions. The blockchain lives forever, and should discover, from the heroic deeds or the weakness of these parts, any operation could never be carried out, in danger.

What’s your favorite, the privacy coin, and why? Let us know in the comments below.

Comments The most privacy-coins Are not Private - Bitcoin news

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I asked about it somewhere there earlier

Comment from : Татьяна Куликова

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