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this post was submitted on 08 Oct 2024
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Monero
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I didn't know the protocol tried to use every output in around 16 transactions. I know about the 16 ring size, but I didn't know it also tried to use each output 16 times. If so, that is very smart and interesting. You learn something new every day!
The idea of sweeping them and then churning the merged output is also smart.
Oh well I guess we just have to wait for FCMP++ where theoretically all this will be no longer relevant :)
I remember watching the breaking monero series, when it was mentioned that (paraphrasing) "Rings are what give security to Monero but I really hope we get rid of them"... That time is finally getting closer :)
The protocol doesn’t try to use each output 16 times actually, that could be pretty nice I guess. I was just saying that statistically, you should get an average of 16 times because, well, the ring size is 16. The actual may vary quite a bit, and your output might potentially never be featured as a decoy, or featured 100+ times. It isn’t likely though. I just used 16 because it is simpler this way.
I never watched the breaking Monero series, I should take the time to do it
And yea, really excited for FCMP++ as well :) - most chain analysis stuff will go bye bye
Yes you are right, it was too early in the morning for me to process properly...
Statistically you should see each output used an average of 16 times, that makes sense.
Cheers!