this post was submitted on 31 Oct 2024

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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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Is this how plausible deniablity works in XMR? (monero.town)

submitted 2 weeks ago by NoobFromXMR@monero.town to c/monero@monero.town

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say someone asked you to open your wallet and asked you where your funds came from, can you just say that you mined it? since XMR cant be trace afaik

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[–] NoobFromXMR@monero.town 1 points 1 week ago

Man you are such a genius! it mades clear to me just how anonymous monero is compared to bitcoin.. people say if you mined monero theres some mark on it that its a mined monero like uXTO or some shi like that, but if you move it to new wallet it will immediately clear all those history.. and what you say makes perfectly sense, those $200 new wallet trick is brutal also thanks bruv