03:12:48 ```“Organizations like CipherTrace only exist because of the fatal privacy flaws in transparent cryptocurrencies,” Seth for Privacy, a pseudonymous Monero community organizer, told Motherboard. “They have shown a clear ability to trace transparent cryptocurrencies like Bitcoin and cryptocurrencies that only offer opt-in privacy like Zcash quite easily and effectively.” When it comes to Monero, however, Seth expressed 03:12:48 doubt that firms’ tracking capabilities are as formidable as they claim. 03:12:48 CiperTrace declined Motherboard's request for comment.``` 03:12:48 😹 03:13:01 * ``` 03:13:01 “Organizations like CipherTrace only exist because of the fatal privacy flaws in transparent cryptocurrencies,” Seth for Privacy, a pseudonymous Monero community organizer, told Motherboard. “They have shown a clear ability to trace transparent cryptocurrencies like Bitcoin and cryptocurrencies that only offer opt-in privacy like Zcash quite easily and effectively.” When it comes to Monero, however, Seth expressed 03:13:01 doubt that firms’ tracking capabilities are as formidable as they claim. 03:13:01 CiperTrace declined Motherboard's request for comment.``` 03:13:13 * ` 03:13:13 “Organizations like CipherTrace only exist because of the fatal privacy flaws in transparent cryptocurrencies,” Seth for Privacy, a pseudonymous Monero community organizer, told Motherboard. “They have shown a clear ability to trace transparent cryptocurrencies like Bitcoin and cryptocurrencies that only offer opt-in privacy like Zcash quite easily and effectively.” When it comes to Monero, however, Seth expressed 03:13:13 doubt that firms’ tracking capabilities are as formidable as they claim. 03:13:13 CiperTrace declined Motherboard's request for comment.` 03:13:40 *... (full message at https://libera.ems.host/_matrix/media/r0/download/libera.chat/b17775268000d5d3b0e526b15bfd3a270ade983a) 03:13:57 * ```... (full message at https://libera.ems.host/_matrix/media/r0/download/libera.chat/4f53f96edbc4b04f78bd521ca3d27fc476034e0e) 03:15:35 i remember like couple weeks or so, someone claiming to be a crypto-journalist or somethin somethin on the /r/monero, asking for monero people to contact them for some comments or somethin, saying they already did some research, setting up their own node and whatnot, wondering if that's related to that article :3 03:24:54 end of the article mentioning mixing from dash or bitcoin 3rd party services... (full message at https://libera.ems.host/_matrix/media/r0/download/libera.chat/76712056536c0ceaae4d84680c85503a96295eb0) 03:25:04 * spacekitty420[m] uploaded an image: (620KiB) < https://libera.ems.host/_matrix/media/r0/download/matrix.org/AuXKpTMkKmiETcKsrNxApNxv/image.png > 03:25:12 `The graph above is a great example of the PlusToken scammers’ obfuscation attempts. The funds start in the wallet in the upper left hand corner, and move to the right. Diagonal movements represent a change in address type, while vertical movements represent the use of a mixer.` 03:25:55 basically being all like, well, they already can track those mixing movements for years already 03:43:54 spacekitty420: I am always dismayed when I see people assume that they can transfer BTC between a few wallets (addresses) and think that they cannot be tracked. As your info shows, it can be easily tracked even if transferred thousands of times. 08:14:32 "It would be amazing to have a..." <- https://nitter.net/CryptoGrampy/status/1502093717313835011#m 08:14:32 o.o 17:01:25 **A quick reminder** 17:01:25 Do not forget to move your coins away from centralized exchanges! 17:37:19 big mommy binance will take care of your coins uwu 20:50:08 question, why would anyone leave their coins in an exchange? Don't you only want them there while you're making... an exchange? then back into your wallet? 20:55:27 Convenience 20:55:45 why bother learning how to use a wallet app and write down your own coins when an exchange does all the heavy lifting for you? 20:55:48 not saying it's a real excuse, but 20:55:51 that's their mindset 20:57:16 I mean, the default download for monero is a GUI wallet. Maybe if someone trades in a lot of different types of coins I get the convenience. 20:57:38 but then I have to worry about nodes and remote nodes and downloading 150gb etc etc 20:57:42 I actually even wonder what the point of a hardware wallet is with the mnemonic 20:57:42 I'm too lazy!!11 20:57:44 etc 20:57:51 it's just how people are 20:58:00 why care about your data, photos, etc, when you can just let facebook do the heavy lifting 20:58:04 or insta 20:58:08 yep I see. 20:58:24 that's why I think rino.io is a great service 20:59:11 why? I tend to not trust services holding any keys for me, esp. ones related to $$$ without fraud protect 20:59:16 multisig 20:59:21 2-of-3 20:59:38 let me go research that. I am a newbie, so... 20:59:56 it means you need at least 2 of 3 private keys of a wallet to sign a transaction 20:59:57 ah 21:00:04 you mean Rhino doesn't have enough 21:00:17 you mean rino doesn't have enough to do any bad on it's own 21:00:19 exactly 21:00:27 rino can't sign any transactions on its own 21:01:06 but what is the benefit of this. I imagine most people only have one or two monero wallets 21:01:14 and maybe a bitcoin or something 21:01:38 they can always store the mnemonic and password in a 2FA password store like they would any bank details 21:01:59 s/./?/ 21:19:44 availability, no sync wait times 21:19:45 etc 21:23:44 Asking because I am new - 1) shouldn't you only need to sync when restoring a wallet (or hard fork or something)? how often do people really do this? Or is it considered opsec by some? 2) Availability? What do you mean by that? 21:24:05 > - 1) shouldn't you only need to sync when restoring a wallet (or hard fork or something) 21:24:05 also when you haven't opened it in a while 21:24:34 > 2) Availability? 21:24:34 can always make a transaction, no case where you have to wait for sync