Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 4. (Read 4671660 times)

If you want to really commit to privacy, then please do not send XMR directly from exchange to exchange. Google the EAE or EABE attack, here is a short description. This is something that can happen if you often transfer money directly from one CEX to another CEX, even with a single intermediate step: Using statistics, if both exchanges are cooperating in some way (for example, due to regulatory requirements, or if a chain analysis service knows deposit/withdrawal addresses from these two exchanges) then they can, in some cases, detect that it was the same person who has withdrawn the Monero from the first CEX and deposited it to the second CEX. And if they have your KYC data then they can know that's you.

However, you will have to do several transactions between the same two CEXes for this to work and even then there can be false positives/negatives. In addition, this will probably not be possible if you make more intermediate transactions.

Actually that point is debatable, if you buy monero from kyc locations then you never have to explain where it came from.

Yeap XMR is an efficient privacy coin. If you don't use a P2P service but a regulated/KYCed CEX; it would be better to buy BTC or LTC (or any coin listed almost everywhere you like) and swap it for XMR via a privacy friendly service (like the one I have in my signature for example or some other DEX). There is no point to buy or use XMR on a plateform which does have your identity. You can use Feather to store XMR outside your CEX if you want, which is an open source electrum-like wallet for XMR.

If you want to learn more about how XMR works:
How does Monero's privacy work?
Introduction to Monero and how it’s different

 


Ahh, I think I know what your trying to say.

You mean if you use a service to buy say 100 monero with coins that are being traced and then immediately send the same amount from that service to a kyc exchange then they are going to connect those coins even though they cannot be traced on the chain, correct?

If Monero network is a decentralized project then all it transactions must be private but if you are using centralized exchanges to make transaction with themselves then the privacy is no more because the CEX third party most see the transaction and can even freeze the coin if their is any suspicious movement of the coins. And I think the two addresses would be visible because and that is where people can track the location of the transaction.

Excuse me my ignorance. But I must ask this.

Are all transactions on Monero chain private? And if I would send XMR from one cex to another cex, would these two addresses be visible in the transaction hash?

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Hello Friends,

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^{Eclipse© - PCGS sunrise.}
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_{Eclipse© - Slabs do the talking.}
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_{Eclipse© - Mirrored reverse.}
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_{Eclipse© - Line of ecash.}
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THE MONERO MOON (ISSUE 66) IS OUT NOW! Like, share, subscribe, and spread the word about Monero as it continues to grow and offers unmatched financial privacy.

https://www.themoneromoon.com/p/the-monero-moon-issue-66

The system that we've once trusted in but they're the one that's also taking back our trust on them. 
Why they're too afraid about monero and any other privacy matters? Fiat is also used for those reasons that they might say about the crack down.

Don't forget to fuck the system

Expect that most of the countries and exchanges will be delisting XMR. This has been ongoing for years and there's no way that these exchanges want to sacrifice their business for XMR. This is actually sad to see that the best privacy coin is being collaboratively clamped down by different governments of countries. 

It's not MiCA regulation which is problematic for Monero, but the recent update of the AML directive, which has been approved by EU Parliament but there are still some steps left. However, this directive will come into force in 2027, so it should not be the reason for these delistings. It also does not include a Monero ban, but a prohibition for (commercial, i.e. profit-taking) crypto asset service providers (CASPs, e.g. exchanges) to provide accounts which allow the obfuscation of transactions, including through "anonymity-enhancing coins". (I have doubts if this prohibits Monero accounts for EU CASPs or only non-KYC Monero accounts).

The German delisting on Kraken could be however related to MiCa: MiCa requires the CASPs serving european clients to register in the EU. So Kraken is probably forced to find EU partners with EU licenses if they don't want to open an office in Europe themselves and register for a license, and the German EU partner (DLT Finance) probably preventively, to comply already with AMLD, insisted on delisting Monero.

(slightly OT: What was a bit of a surprise for me that Kraken also will delist some other popular tokens which have nothing to do with privacy, like Optimism. It could however related that these tokens have not provided the required "whitepaper"; all centralized cryptocurrencies have to provide a whitepaper and this is indeed a MiCa requirement, which will come in force in various steps still this year).

It's already gone in Spain, UK, and some other countries.

If I am not wrong, XMR will be "banned" in EU when MiCA regulation will be fully launched

What about other EU countries, will XMR still be available on kraken?

Also Kraken Germany is delisting XMR. Looks like moving into the "then they fight you" stage of things...

I just learned on the forum that LocalMonero and Agoradesk are closing guys  

XMR paired BTC, ETH and ERC20 Real atomic swaps. No one can stop this

https://medium.com/@bitcoinatom/swaps-org-igniting-a-new-era-in-privacy-centric-crypto-trading-85b69ed180c9

No one can ban this just check it out

I just applied to join the Panquake Team of 5000 Beta users! You can too: https://panquake.com/5000 Donate to make the Panquake Beta happen faster: https://gogetfunding.com/panquake

https://odysee.com/@MoneroTalk:8/panquake-baking-human-rights-into-next:5


Looks like a censorship proof twitter based on private keys.