BlockSci Succesfully Traces Transactions Performed With Dash, ZCash, and Other Currencies

TheMerkle BlockSci Blockchain Analysis PrivacyBlockchain analysis has become a booming industry over the past few years. Any company active in this industry will scour public blockchains to identify suspicious or illegal transactions. While most of these efforts focus on the Bitcoin blockchain, BlockSci is doing things a bit differently. Their whitepaper mentions how they can thoroughly analyze transaction on other blockchains, including Dash. That is not good news for the privacy-oriented alternate cryptocurrency by any means. Other currencies include ZCash, Litecoin, and a handful of others. BlockSci Paints a Somewhat Worrisome Future Many cryptocurrency enthusiasts are not a big fan of blockchain analysis firms.

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