Skip to content

Comment on Wrench Attacks: Physical attacks targeting cryptocurrency users (2024) [pdf]parent

Comments

There's a ledger, right?

There is tech for private transactions, but the cryptography is more complex. It's used in cryptocurrencies like zcash or monero. You can also trade between different cryptocurrencies without trusting an intermediary, using "atomic swaps". So if you seize cryptocurrency you think will be tainted, you have a small window to swap it for private (and thus fungible) currency.

https://cointelegraph.com/news/zachxbt-330m-btc-heist-xmr-su...

This business is booming!

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.