Monero Community Challenges Chainalysis’ Claims of Transaction Tracing

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BitcoinWorld 13h ago

Monero Community Challenges Chainalysis’ Claims of Transaction Tracing - BitcoinWorld

Quick Summary:

Monero (XMR) community has pushed back against claims made by Chainalysis in a leaked video, which allegedly demonstrated how the blockchain analytics firm bypasses Monero’s privacy features to trace transactions.

Monero is widely known for its strong privacy features, which include ring signatures, stealth addresses, and RingCT (Confidential Transactions).

The video, which has since been deleted, has sparked intense debate, with members of the Monero community accusing Chainalysis of using questionable methods to track Monero transactions, according to Decrypt.