Post
Topic
Board Bitcoin Discussion
Re: Samourai Wallet seized by the feds
by
Kruw
on 26/04/2024, 12:10:56 UTC
Quote
The data posted to blocks in the MimbleWimble blockchain doesn’t reveal any information on both the sender and receiver’s identification and transaction amounts. In fact, for an observer the information contained within a block looks like randomized data.
https://www.blockchainbeach.com/going-deep-on-privacy-mimblewimble-part-2/

How so?

h/t Shinobi: https://twitter.com/brian_trollz/status/1780220196994617725

Quote from: Shinobi
People gave up on MimbleWimble because the privacy in practice doesn't work. The whole selling point was that transactions, which are just point multiplication, can be added together to obscure the graph.

The problem is, nodes snooping on the network are the ones who would aggregate them, and they can snoop on the individual transactions propagating before aggregation and undermine the privacy.