I need to do how many Monero transactions between my wallets before i break the trace?
I need to do how many Monero transactions between my wallets before i break the trace?
I read that in order to break the trace from the sender of my Monero to the recipient of my Monero, I need to make several transactions between my wallets, for example:
someone sent me 1 XMR --> my wallet 1 --> my wallet 2 --> recipient of my 1 XMR
(that i consider 1 additional transaction in aim to break the trace)
Can anyone explain so even layman understands chance/probability of breaking the trace when doing 0,1,2 such transactions between own wallets?
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It really depends on your threat level for the vast majority of people. It's perfectly fine just to do one transaction. You receive Monero and then you send Monero to the person you wish to send it to with no problems.
Thanks, I would like to be able to understand how big improvement would be to send the same or similar amount to secondary wallet of mine when comparing to direct sending mentioned by you. I think that i want above average protection, but i am unable to estimate impact (on TX traceability) of 1,2 more transactions of similar amount between my wallets and i am not enough technical to read and understand tens of technical pages of the Monero whitepaper.
So currently, each time you make a transaction, you are one of 16 possible outputs. So when you make the first transaction, you have 16 outputs that could possibly be yours. And then at a second transaction, you have 32 outputs that could possibly be yours.
isn't it 16^2 ?
Hey, don't judge me. I made a "C" in math class for a reason.