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this post was submitted on 12 May 2025
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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No, the transaction tracing relies on the transparent bitcoin chain. It does not work for the off-chain payment methods and especially not for something super private like cash by mail.
Why is it news that a traceable coin is traceable
It's not really but the paper suggested some improvements that would make the transactions waaaay harder to link to a trade. Definitely a net-positive for privacy.