State of the transaction privacy work in Bitcoin

[Kruw]

@craigraw

Many (most?) transactions involve repeat payments where the amount is already determined.

…Citation? What data set exists to derive this estimation from?

@craigraw

This is a privacy thread, and if you fail to acknowledge that the current approach is leading to high address reuse then you fail to acknowledge reality.

The reality is that a lot of people use Electrum based light wallets and every address gets completely exposed to chain surveillance anyway. Generating new addresses doesn’t even begin to benefit the user unless their wallet is a BIP157/158 light client, or a full node.