this post was submitted on 28 Jul 2023
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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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10 blocks is good enough though right?
It's super good enough. The beauty of Monero is it makes private transactions easy.
Because some of wallets didn’t update, there’s still significantly less decoys that are 10 blocks old exactly. Sure it is enough, but you’ll statistically be way more exposed.
The decoy selection algorithm isn’t perfect though, and it also seems like it doesn’t choose enough recent outputs, so that means again you’re statistically more exposed if you spent from 10 to idk like 100 blocks old. Nothing that alarming though.
10 is enough for most cases, 11 is better if you want the extra privacy :)
If you really need the privacy, churn and/or wait at least a few hours.