Post
Topic
Board Bitcoin Discussion
Re: Russian tool will make your transactions transparent
by
Tipstar
on 18/08/2020, 07:29:02 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?

The government around the world are tracking coins one way or other and this was quite predictable as every economically oppressive nation would want to monitor everyone and everything. They previously needed to track every suspicious transaction and involved addresses. Now they have created a large record of every transaction and addresses to track every move of a coin. Though there are unlimited addresses, the coins are limited and the addresses they are mined to are limited.