Analysing incoming coins for
naughty status isn't the biggest crime if it's designed to stop crime.
This is the same old nonsense argument governments always use to erode your rights and surveil their population. Mass surveillance is designed to stop crime. Phone tapping is designed to stop crime. Banning encryption is designed to stop crime. Putting a government back door in all your devices is designed to stop crime. Reading all your emails and IMs is designed to stop crime. It is complete bullshit. There is
no evidence that mass surveillance has ever managed to prevent a single incident of terrorism. It's not about preventing crime. It's never been about preventing crime. It's about control:
The old cliché is often mocked though basically true: there’s no reason to worry about surveillance if you have nothing to hide. That mindset creates the incentive to be as compliant and inconspicuous as possible: those who think that way decide it’s in their best interests to provide authorities with as little reason as possible to care about them. That’s accomplished by never stepping out of line. Those willing to live their lives that way will be indifferent to the loss of privacy because they feel that they lose nothing from it. Above all else, that’s what a Surveillance State does: it breeds fear of doing anything out of the ordinary by creating a class of meek citizens who know they are being constantly watched.
In your opinion what's right to do if your wallet with 1 btc gets hacked. On blockchain you trace funds were sent to wallet bc1xx so you report it to police. A month later the coins moved to Binance. Soon your coins will be returned because they've been seized after blockchain analysis. That's happening now with exchanges so it can't be a bad process reuniting owners with stolen coins.
Scanning incoming UTXOs in Wasabi wallet it's the same as Binance or other exchanges doing it. What they're doing with data isn't clear. If it's being misused for unfair data collecting after it's completed its purpose it shouldn't be used. I don't trust any companies to voluntarily delete data after if they're able to profit from it.
Which data's being stored by zkSNACKs in this transaction if I'm using Wasabi wallet.
Wasabi pay Coinfirm to investigate the output you are registering for coinjoin. So Coinfirm will absolutely be looking at the history of that output and seeing where it came from. If any of the previous addresses have ever been linked to an identity (such as via KYC, via addresses being shared publicly, via connecting to third party servers, via other transaction heuristics, etc.) then that will be identified and Coinfirm will be storing, sharing, and selling, that information on to other third parties.
I believe if they've got it they'll sell it so asking data questions about what they're doing by separating wrong info from facts is crucial.
I've a new example for transactions
tx1 Satoshi uses Binance sends 0.1 btc to arabspaceship123 Electrum wallet 1
tx2 arabspaceship123 Electrum wallet 1 sends 0.1 btc to Wasabi wallet for mix
tx3 Wasabi wallet use Coinfirm for analysis
tx4 Wasabi wallet allows coinjoins sends mixed 0.1 btc to arabspaceship123 Electrum wallet 2
tx5 arabspaceship123 Electrum wallet 2 sends 0.05 btc to Satoshi Exodus Wallet
tx6 arabspaceship123 Electrum wallet 2 sends 0.04 btc to Satoshi Bitcoin Core wallet
tx7 arabspaceship123 Electrum wallet 2 sends 0.01 btc to arabspaceship123 Electrum wallet 3
Is this belief accurate?
It's been mentioned zkSNACKs can't link incoming UTXO's to outgoing UTXO's so that's good for privacy if true. They aren't storing ip address or device id when using Wasabi wallet. They're storing the address used by Satoshi in tx1 before coinjoins but aren't storing tx details after mixing so they can't link anything between tx2-7.