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one very annoying thing about the normie discourse around crypto and privacy "it's untracable super-moneylaundering-money" etc, is that it's not just wrong, it's backwards crypto is LESS PRIVATE than tradfi, and this is a massive fucking problem

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It has strong cryptography protecting transaction amounts and stealth addresses are fine. The decoy part of the privacy model isn't perfect and can be analyzed in a probabilistic way. There's a permanent record of everything so leaking any information is quite bad and it does.

12:26 AM · Apr 3, 2022Twitter Web App

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Zcash shielded pool has strong privacy for everything within it but unlike Monero, it has a split between the shielded pool with z-addresses and transparent addresses outside it. Transparent addresses are much more widely supported and often used as an on/off ramp for it.

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For example, we take Bitcoin, Monero and Zcash donations for GrapheneOS and use a Trezor Model T for the main wallet. For Zcash, we can't use a z-address yet since Trezor still has to finish implementing support for it, and we'll also probably wait for support in their wallet.

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