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Onchain privacy protocols can appear legitimate until flagged, Wei Dai warns

Onchain privacy protocols can appear legitimate until flagged, Wei Dai warns
Deposit delays for onchain privacy protocols

Wei Dai emphasizes that deposit delays of several days are necessary for fully self-sovereign onchain privacy protocols, such as Railgun or Privacy pool. According to Dai, a transaction can initially appear legitimate, but it may take days for law enforcement processes to identify and flag suspicious activity.

Dai highlights the risks involved and suggests that delays are required to prevent potential misuse before authorities can react.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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