Schmidt on Nostr: “DATA OBFUSCATION OF CRYPTOCURRENCY TRANSACTIONS: While the majority of ...

“DATA OBFUSCATION OF CRYPTOCURRENCY TRANSACTIONS: While the majority of cryptocurrencies’ transactions, addresses, blocks, timestamps and other data are publicly visible in blockchains, some cryptocurrencies obscure such visibility. These cryptocurrencies are generally referred to as privacy coins, of which Monero, Zcash and Grin are examples. Monero, introduced in 2014, is the most commonly used privacy coin. Despite its privacy features, Monero has not overtaken Bitcoin in popularity amongst criminals. This may be the case due to the higher liquidity of Bitcoin and other cryptocurrencies. Also, Monero has been delisted at many exchanges because the origins of funds cannot be determined, which leads to a lack of compliance with anti-money laundering rules.”

First report on the use of encrypted communications in criminal investigations – 10 June 2024

https://www.eurojust.europa.eu/publication/first-report-use-encrypted-communications-criminal-investigations