Monero Anonymity

There was a post I read here a few weeks ago but c an't find it. It was mentioning questions about Monero's anonymity. I see a lot of people saying this is the best currency to use but it never includes any details as to why the anonymity in Monero is solid. I foudn this research paper on deanonymizing Monero transactions.

https://eprint.iacr.org/2017/338.pdf

Here is the gyst:

This post is meant to be a discussion and not at all saying there is something fundamentally wrong with Monero. I just haven't seen a lot of actual debate on the underlying technology that "proves" the anonymity being claimed with Monero. I don't know if Monero is as impervious to analysis as claimed. It does appear that the analysis used on Bitcoin isn't sufficient for the most part with Monero, but that doesn't mean there aren't other methods that can be used to deanonymize Monero transactions. Check out the study, seemed interesting and what I got out of it is that the amount of anonymity is not what the user thinks they are getting and it seemed like they were able to at least reduce the obfuscation, even if not completely but at least to some degree.

EDIT: From the paper:

Any CryptoNote coin that allows for only 1 mixin is vulnerable to a slow chain reaction in which the owner of very few private keys can violate the untraceability of much larger number of other users.

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Note that since Monero developers chose not to perform the required blockchain analysis, they decided on employing a triangular distribution to sample the mix-ins from. Our work shows that a triangular distribution does not mitigate well attacks based on temporal analysis.

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Moreover, our attacks are eff ective as over 87% of inputs are rendered traceable. We also found some traceability results on RingCTs and nally propose a better method (than the one currently employed) to choose mix-ins that mitigates temporal analysis.


Comments


[8 Points] savingfluffybunnies:

https://www.reddit.com/r/Monero/comments/65waxo/a_traceability_analysis_of_moneros_blockchain/

Updates have been made since.


[4 Points] RalphiesEye:

The paper was about a set of rare circumstances which could allow monero to be de-anonymized. But that's old news. With the last patch, this has since been fixed. A 30 second google search, less time it took you to compile this post, would have shown you that it's no longer an issue.

Posting here is tantamount to FUD. This keeps getting spread as FUD, intentional or not, but the fact remains it's no longer relevant since the update. The fact you could have easily found this out yourself with literally 15 seconds on google and instead chose to post this here, trying to increase fear, uncertainty & doubt only solidifies the fact that you're doing this purposefully.