Re: [XMR] Monero - A secure, private, untraceable cryptocurrency
@Termie
I'll quote 2 sentences from this article (https://decrypt.co/49182/ciphertrace-files-patents-for-tech-that-traces-monero-transactions), the impact is on 2nd.
"But CipherTrace’s patents claim that transactions are entirely traceable.
The patents, however, have not been approved. "
I'll quote 2 sentences from this article (https://decrypt.co/49182/ciphertrace-files-patents-for-tech-that-traces-monero-transactions), the impact is on 2nd.
"But CipherTrace’s patents claim that transactions are entirely traceable.
The patents, however, have not been approved. "
https://twitter.com/davejevans/status/1330008956270374918
Quote
Dave Jevans CipherTrace CEO
@davejevans
CipherTrace filed their second patent application on Monero tracing techniques. Nobody can deterministically trace Monero transactions yet. But this lays the groundwork for meaningful results particularly for tracing large scale thefts & crime
@davejevans
CipherTrace filed their second patent application on Monero tracing techniques. Nobody can deterministically trace Monero transactions yet. But this lays the groundwork for meaningful results particularly for tracing large scale thefts & crime
" We are about to crack that bad boy Monero, we are in process of obtaining some groundbreaking patents, this is completely new technology, but we NEED more MONEY because all that development costs, you will profit in the long term, bla bla bla..."
Agreed and the Monero developers know that this is only another cat and mouse game. Patches will be released to plug the holes again and Ciphertrace's pattents will be useless hehehe. However, I reckon of Ciphertrace is scamming the government, I encourage this hehehehe.