ConsenSys announced that they've started a "DeFi focused compliance service" which means that all of our privacy at risk here.
Privacy is a right. Surveillance is a breach of that.
Unfortunately, Ethereum does not offer any help. Maybe you've heard about Tornado.cash, which can help a little, but there is still a chance of being de-anonymized, plus horrendous GAS fees on top.
The best progress at this point is either
Exchange > XMR (deposit) > XMR (withdrawal) > InstantEX > fresh Ethereum
or
Exchange > ETH(tainted) > IncognitoChain Shielding (optional: trade Incognito DEX) > Incognito withdrawal > ETH
You'll pay fees too, but in the end it's not more than if you'd use Tornado and the smartcontract fees.
WIP. Stay tuned for updates.
— 🌪️ Tornado.cash 🌪️ (@TornadoCash) May 29, 2020
Looks like there is a tool in development to help privacy on Ethereum!
Also HOPR:
Privacy on Ethereum is not as easy as it may seem, even with @TornadoCash
— HOPR | hoprnet.eth (
Your dapp usage or gas pricing might leak enough metadata to deanonymize you
But Ethereum also does not provide network-level privacy to protect the origin of your tx. HOPR fixes that.#privacy #ethereum https://t.co/kO3rsLBes2@hoprnet) June 4, 2020
Tari - the Monero sidechain SmartContract protocol - has launched in Testnet recently.
Maybe this will fix privacy?
Secure & Anonymous VPN - Uploadfilter? Censorship? Privacy leaks? No Thanks!
