to a fed, when you trade BTC for Monero?
why are you glowing?
You want to know what a fed should be looking for?
Nodes
No, only malicious nodes, the majority of remote nodes are safe
Thanks. I run my own nodes.
Does the Monero protocol effectively mitigate against malicious nodes to ensure secure and private transactions?
No. I want to know what happens to the trail when you buy Monero with BTC. If they track your BTC, will the trail just disappear with an unknown dissolution of the BTC, or will it appear like it was traded for fiat.
They may know u bought monero but they won’t know what u did with it
Your btc goes from your wallet to the utxo of the exchange. The monero goes from the exchange wallet to an output that belongs to you. So when you swap btc for monero you are swapping a btc utxo with a monero output that they know is yours (the exchange that sent you the monero knows). Both can be traced forward
I'm not sure this is correct - if using a DEX then the owner of the output (monero) address is not known.
This is not correct, you cannot "trace a utxo" in monero
A RingCT (Ring Confidential Transaction) currently uses 15 decoys alongside you, so the transaction would look like: - 1st decoy - 2nd decoy ... - You ... - 15th decoy
They can know you are running a node, thats it. They cannot know if a transaction originated from your node (dandelion), if its your transaction or if you are just "repeating" it to other nodes. Also, if a Gov authority picks on you, you can claim that you are not running a node (that it is a malware on your machine).
They can know you are running a node. But they cannot know if a transaction originated from your node (dandelion), if its your transaction or if you are just "repeating" it to other nodes. Also, if a Gov authority picks on you, you can claim that you are not running a node, that it is a malware on your machine.
Yes you can trace a TXO in monero, that's literally what they do in the presentation because their "tool" automatically filters out decoys
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