Post
Topic
Board Development & Technical Discussion
Merits 1 from 1 user
Re: Public Blockchain Analysis Sites (to check transaction history)
by
1miau
on 02/10/2023, 20:10:32 UTC
⭐ Merited by MusaMohamed (1)
He was just planning to look up, if it's a legit seller or if the seller lied to him.
The history of the coins being sold is not correlated with the legitimacy of the seller.
Well, we don't know if it's a scammer / Darknet dealer / criminal or even a hacker himself who's going to sell it instead of an innocent person.
We just don't know it - until we meet.  Lips sealed

As I said, I'm certain I've bought and sold plenty of coins which would be classed as "tainted", but I have never scammed anyone.
No doubt, there are different "tiers of tainted".  Smiley


Because if the seller lied, it's a big red flag.
Why would the seller even know the history of the coins being sold? I don't know the history of any of my coins, nor do I care.
Because he's owner of the coins.
If he doesn't know, what happened before to these, it's also helpful for the seller. (and even then, the buyer could try to look it up via oxt.me (or similar).


That's no issue because from what I've read, the buyer was going to request which UTXO's are for sale (or at least from which address it's coming from), the seller sends his address, where the BTC is coming from and then, he (the buyer) could check on his own if he wants to make a purchase or not.
If I was doing a trade and the other party said "Send me your address/UTXO before we trade so I can spy on your coins", I'd simply end the chat and find another person to trade with.
It shouldn't be any issue because if purchased, the buyer could "spy"* as well, because he'll get to know the address anyways.

* I wouldn't  call it "spying", "spying" sounds more like with bad intentions, while the buyer can be 100% friendly, without any sinister intent.


If he's getting other BTC than previously agreed to, then he could refuse to pay.
Then he will be at fault for failing to complete the trade. He'll either lose his security deposit or be banned from the platform, depending on the P2P platform being used.
If it's agreed to in the deal, a breach would certainly lead to "a negative trust" (to talk with Bitcointalk.org terms).  Cheesy
And I mean face to face P2P, meet in real life (anonymous) and make a trade, which he wanted to do.