Thursday, March 29, 2018

The blockchain is forever

from here

Monero isn't the first cryptocurrency to wind up being not as private as people thought and it won't be the last. Everything humans make has flaws, including the privacy/anonymity protections in cryptocurrencies.

And that immutable blockchain that everyone loves so much will preserve the imperfectly protected transactions forever, exposing them not just to today's vulnerabilities but also tomorrow's, next week's, next month's, next year's, etc.