Could this newly released patent allowing exchanges within different blockchains make thumbling useless?

I just read this article on deepdotweb saying that a solution has been found for direct currency exchange between different blockchains making third parties exchange needless. This makes me think that this could not only revolution the world of cryptocurrencies making it even more indipendent from third party services, but could also become a great solution for the current possibility of deanonimization for Bitcoin transactions rendering methods like tumbling or the use of third party exchange services completely useless for OpSec purposes. Let's say I buy some BTC, I instantly convert them on Monero, then i again exchange in BTC, the chain would be broken 2 times and i would be untraceable. Is my assumption correct? I'd like to stimulate a discussion on this since i believe it could be the future for our opsec.

Here is the link to the patent

I apologize if there are some errors I'm not a native english speaker


Comments


[10 Points] hhayn:

Spelled correctly it is tumbling but for whatever reason I think thumbling is pretty funny.


[1 Points] noheadshown:

Wouldn't this be a very centralised service also just high tech tumbling?


[1 Points] None:

People have been doing this for a while now. But you have to exchange currencies back with a different service. These sites most likely keep logs


[1 Points] throwahooawayyfoe:

OMFuckingG... They named PotCoin in the background section XD

PotCoin 2 tha MOOOOOOOON!!!!


[1 Points] fdizile:

Congrats, we're all fucked.


[1 Points] xmr_is_private:

Let's say I buy some BTC, I instantly convert them on Monero, then i again exchange in BTC, the chain would be broken 2 times and i would be untraceable. Is my assumption correct?

Correct, as long as you don't get out the same bitcoin as what you put in and metadata from using the services doesn't deanonymize you. Also be careful of timing/amount analysis.

Better to use a private blockchain natively, but services like XMR.to will forward btc to any address using Monero.