Post
Topic
Board Bitcoin Discussion
Re: Russian tool will make your transactions transparent
by
pawanjain
on 02/09/2020, 16:10:39 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?
Worried for what ? If you are worried about your anonymity and you think that this system will compromise your privacy then you should not be worried because it is still not proven to identify any person's identity yet and besides that we don't even know if this project is legit.
We know how many projects have used the term artificial intelligence just to gain the attention of investors.
It's far from reality yet and so we do not have to worry about it yet.