Monero is in competition with Bitcoin
Improvements in bitcoin privacy destroys monero's use case.
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0 sats \ 8 replies \ @guts 5 Aug
There will never be privacy on-chain on Bitcoin.
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We already have on chain privacy on Bitcoin with coinjoins: https://mempool.space/tx/fc13786aa9a350d06e7f63c69e7989917981c689f284a7eba3130cde958e23bb
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Is not effective
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Ok, prove your claim: Which inputs of the coinjoin transaction created each output of the coinjoin?
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Chainalisys
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Chainalysis also exists for monero. The existence of chainalysis products doesn't prove anything except market demand for such products. We won't know if they work well without stuff to test it against, which is why I made this open source alternative.
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That's a press release without proof from ciphertrace. Now if only they would provide an example of their product demonstrating the purported capabilities.