2mo ago

New research about Haveno shows XMR/BTC trades are traceable

arxiv.org Moneros Decentralized P2P Exchanges: Functionality, Adoption, and Privacy Risks

Privacy-focused cryptocurrencies like Monero remain popular, despite increasing regulatory scrutiny that has led to their delisting from major centralized exchanges. The latter also explains the recent popularity of decentralized exchanges (DEXs) with no centralized ownership structures. These platf...

New research paper about HavenoDex shows trades between Monero and Bitcoin are traceable.

Abstract:
...We further identify and report on a privacy vulnerability in the recently popularized Haveno exchange, demonstrating that certain Haveno trades could be detected, allowing transactions to be linked across the Monero and Bitcoin blockchains.

9 comments

TL;DR
Send your Monero from RetoSwap to another wallet from where you use it. Do not use it within RetoSwap for payments. Is that what it boils down to? Then I would like to remind you that in practice it makes sense to use two wallets. One for receiving and one for sending. The one for sending will be replenished by the one for receiving. https://monero.town/post/5701064
- There's no problem with Haveno or Retoswap's wallet. The research shows about trades between Bitcoin and Monero.
  Fiat trades are fine.
  
  So: stick with Monero. It is a common misconception that swapping back and forth makes sense. If you want to store value, you should store it in the more secure Monero and, if you need to use BTC, exchange the required amount into BTC at the time of payment.
  When exchanging BTC for XMR, it is a necessary evil that you have to use the BTC. But once you have exchanged them for XMR, you are on the safe side.

CBM monero is traceable meow?
- No, the transaction tracing relies on the transparent bitcoin chain. It does not work for the off-chain payment methods and especially not for something super private like cash by mail.
  
  Why is it news that a traceable coin is traceable

Does this mean Bisq is traceable as well?
- Yes, that's not new. Someone can figure out if your bitcoins are originating from bisq (or haveno).
  https://www.sciencedirect.com/science/article/pii/S2096720921000245

9 comments