is the XMR (Monero) cryptocurrency really secure and private?
by k1083 - Thursday November 14, 2024 at 10:46 PM
#21
(01-11-2025, 04:30 AM)k1083 Wrote:
(01-11-2025, 04:24 AM)sallybooker94 Wrote:
(01-11-2025, 03:59 AM)k1083 Wrote:
(01-11-2025, 03:43 AM)sallybooker94 Wrote: If you would like to know more about XMR, there is a series on youtube that addresses everything about it, and it's made by it's creators.  This series I believe is called "Breaking Monero," and it addresses everything you want to know.  Also, you cant just buy Monero from your Coinbase wallet, or Kracken, and transfer it, without some level of obfuscation.... The blockchain or blockchair algo can and will determine, with a fair level of certainty, who you are and how these simple transactions took place.  I would look into to No Kyc exchanges and wallets, as well as obfuscating payments by sending different amounts than you plan on using.  For instance, if you want to buy $100 worth of (y), and a transaction is made from a Kracken account on your phone for $115, sent to an anonymous wallet, then sent to an XMR wallet on a marketplace, where a $100 purchase is made, plus transaction fees.  The blockchain can automatically determine that this was probably the original sender, with a fair amount of certainty.  Also, try to use devices you don't traditionally use, possibly VMs if you only have one device.  Practice makes perfect, but I would make sure I did this before using Monero, in an attempt at remaining anonymous.

I do know the tutorials of "Breaking Monero" are very good to be honest, that's why and many more things I've seen is that we have learned these mixing techniques, there are many more... but this is one of them.

Indeed.    I remember when I foolish enough to believe that Bitcoin was truly anonymous, back in the Topix days. Good topic, I think I am going to finish that Breaking Monero series now.  We live in a time where we are criticized for using any form of critical thinking.  All this tells me, is that we have not been critical enough.  I too have wondered the true extent of XMRs anonymity, and am constantly trying to incorporate new techniques to mix together.  Good topic

Of course, when you can take a look at the forum chat we are always cool people there you are welcome.

Appreciate that brother.  I definitely did not anticipate the amount of time I would be spending on this site over the past year, thats forsure lol... Ill definitely keep that in mind. Thanks
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#22
Everything that is secure today, may be insecure tomorrow, may be insecure already and nobody knows except a few select individuals.
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