Post
Topic
Board Bitcoin Discussion
Re: Russian tool will make your transactions transparent
by
davis196
on 18/08/2020, 06:58:32 UTC
According to Cointelegraph developers from Lebedev Physical Institute have successfully developed a prototype of new crypto analytics system called "Transparent Blockchain".

They claim this system effectively uses artificial intelligence to reduce anonymity of transactions in blockchains like Bitcoin, Ether, Omni, Dash and Monero.

In essense, the system enables blockchain analysts "to track the movement of digital financial assets and identify crypto service providers to fight illicit activity related to digital assets".

What do you think? Should we be worried?

Should we be worried about what?Do you have something to hide?
All my crypto transactions are legal,so I don't have to worry about anything.If you don't pay taxes over your crypto income,sooner or later the tax clerks will knock on your door.This is inevitable.
I would be amazed,if they successfully manage to reduce the anonymity of transactions in the Monero blockchain.Monero might be doomed.