Make Bitcoin Great Again (with Monero's Full Privacy)
freedomnode.com
freedomnode.com
https://twitter.com/DelRayMan/status/824697015523246080
FBI love the open ledger.
Anyway given this is a tech site, here are some Monero based privacy techs you might be interested in
- RingSignatures https://en.wikipedia.org/wiki/Ring_signature
- Stealth Addresses https://getmonero.org/knowledge-base/moneropedia/stealthaddr...
- RingCT - https://getmonero.org/knowledge-base/moneropedia/ringCT
And some more information from their lab which is always interesting
You're basically tumbling the coins through third parties. In reality this has little to do with BTC/XMR but more of a generalized strategy to obfuscate via alt-shifting. You could do the same via Changer, Coinigy, or any other similar service.
An important aspect of a private cryptocurrency is fungibility, which is something that only a truly private currency can provide. Bitcoin's public ledger means that coins found to be used for illegal purposes can be seized. This creates a greater demand for newly mined coins, and a lesser demand for older coins. Monero's transactions are hidden by their nature, so each monero is of equal value.