As far as I know, the state of crypto privacy is that everything is directly traceable except:
* Bitcoin lightning transactions when the lightning nodes involved are trusted to not keep logs
* Transactions through mixers with a lot of users
* Monero transactions
* Zcash private transactions
And everything is de-facto traceable except:
* Tornado cash users who use standard-size amounts (or users of another equivalently large smart-contract-based mixer)
* Monero users who are careful about their entry/exit
Zcash privacy doesn't have enough users for anonymity, most mixers are too small, and lightning users generally use nodes from exchanges which do log a lot of information that isn't kept on chain.
Am I missing anything? This seems kind of bad for cryptocurrencies in general if everything is basically traceable.
* Bitcoin lightning transactions when the lightning nodes involved are trusted to not keep logs
* Transactions through mixers with a lot of users
* Monero transactions
* Zcash private transactions
And everything is de-facto traceable except:
* Tornado cash users who use standard-size amounts (or users of another equivalently large smart-contract-based mixer)
* Monero users who are careful about their entry/exit
Zcash privacy doesn't have enough users for anonymity, most mixers are too small, and lightning users generally use nodes from exchanges which do log a lot of information that isn't kept on chain.
Am I missing anything? This seems kind of bad for cryptocurrencies in general if everything is basically traceable.