Governments Show Interest in Firms Analyzing Monero and Zcash Transactions

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TheMerkle Blockchain Analysis Monero ZCashWe recently noted that the US government is increasingly tracking Bitcoin users with the help of the Chainalysis firm. It turns out there is growing interest in conducting Bitcoin surveillance globally. Moreover, there is an increasing need to track privacy-centric cryptocurrencies such as Zcash and Monero. That may prove to be more difficult than originally assumed, though. Privacy-oriented Currencies Get Scrutinized It has become increasingly evident that anyone who values cryptocurrency for privacy or anonymity reasons shouldn’t use Bitcoin whatsoever. Not only is it one of the most transparent cryptocurrencies in existence today, it is also a major target for blockchain analysis firms these days. The

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