Monero and the Privacy Doom Principle
David Vorick starts with an overview of the privacy doom principle: if a protocol does not provide users with perfect anonymity, all users will over sufficient time be fully de-anonymized. Then he provides a new theoretical model for crypto wallets called 'stream wallets'. This model formalizes standard user behavior and makes privacy analysis substantially easier. Finally he uses this model to show that partial privacy protocols like Monero are completely broken, and offer users no anonymity against sufficiently powerful on-chain analysis. Speaker twitter: https://twitter.com/DavidVorick Event Schedule: https://bitcoincdmx2022.sched.com/event/1EwjQ/monero-and-the-privacy-doom-principle-remote btcpp website: https://btcplusplus.dev/ btcpp twitter: https://twitter.com/btcplusplus Recorded at btcpp cdmx, 9 Dec 2023 at the Hotel Benidorm, Roma Norte, Mexico City.