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Bitcoin Discussion
Re: Samourai Wallet seized by the feds
by
cryptosize
on
26/04/2024, 18:01:27 UTC
Quote from: Kruw on
Today
at 05:39:45 PM
https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52
Quote
TL;DR: Mimblewimble’s privacy is fundamentally flawed. Using only $60/week of AWS spend, I was able to uncover the exact addresses of senders and recipients for 96% Grin transactions in real time.
Everyone should read the comments too.
Also this:
https://medium.com/grin-mimblewimble/factual-inaccuracies-of-breaking-mimblewimbles-privacy-model-8063371839b9
TBH, these are old articles from 2019... we need to have a discourse with 2024 data. BEAM also has improvements over GRIN.
Some people also argue XMR is traceable, but devs keeps improving it (higher ring size etc).
There's also an IRS bounty if anyone's interested (it's basically free money if you think you can break it):
https://www.interactivecrypto.com/irs-625-000-bounty-for-breaking-monero-and-lightning