How can bitcoins be traced in a transaction that consolidates a bunch of inputs to one output?
It is my understanding that all bitcoins can be traced through all transactions back to the beginning of the block they were created in. But after learning how transactions worked, how would this be possible if I create a transaction that combines two inputs, input A of 0.5 bitcoin and another input B of 0.5 bitcoin to send back to me as a single output of 1 bitcoin (ignoring fees)? If I then spend 0.75 of this 1 bitcoin output it would now become the input of a new transaction. How would you know how much of bitcoin A and bitcoin B this 0.75 was contained in this new input? Bonus question I was thinking about: What happens if I make a transaction that has no fees?
If Satoshi Nakamoto registered Bitcoin.org, Can’t he be traced through the credit card he used to register it?
This is an obviously broad question since it can lead to a rabbit hole of theories and assumptions but let’s try and be objective here. He has almost a million bitcoins right? Worth a few billion dollars. Some people have claimed some of that money, some have claimed his identity, and I’m sure there’s tax implications and responsibilities for having ownership of those kind of funds. So it leads me to believe that there is a reasonable legal need to acquire his true identity through some sort of subpoena. With all these court proceedings with the likes of Craig Wright and such, why hasn’t anyone looked into the registered name/information of Bitcoin.org? Maybe he used a prepaid credit card paid with cash in an undisclosed location with no cameras and used some crazy proxy and left zero digital trail. Or maybe he didn’t?
03-30 16:05 - 'For anonymity, Monero is the crypto to get. / Cant be traced. / If you have any questions, hit up their reddit. / The dudes over there are knowledgeable and can answer your questions.' by /u/Khrimz000 removed from /r/Bitcoin within 48-58min
@binance: An Introduction to Confidential Transactions Privacy in #Bitcoin is often overstated. Not only can coins be traced, but users can too. One upgrade proposed to make transactions truly private is Confidential Transactions. Learn more with @BinanceAcademy https://t.co/Hy0VNtzhF4
"Using Bitcoin to facilitate a crime is one of the stupidest things a criminal could do, since crypto transactions are transparent to all, can be traced, and are recorded forever in the blockchain. I can think of much better ways to hide transactions — cash, for example."
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