RobertJohnson
Sun Sep 29 2024
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7 answers
1706
Can the government track Monero transactions?
Can the government actually track Monero transactions, given its reputation for privacy and anonymity? Isn't Monero designed specifically to prevent anyone, including governments, from tracing the origin, destination, or even the amount of a transaction? With its use of ring signatures and stealth addresses, does this cryptocurrency truly offer an impenetrable veil of secrecy? And if so, how does this impact the potential for illegal activities to be carried out using Monero? Or are there still ways for authorities to investigate and uncover illicit activity, despite Monero's privacy features?
