Monero Developers Found A Bug That Allows Tracking User Transactions
28 July 2021 13:55, UTC
Monero developers have discovered a bug that allows tracking user transactions on the network. This bug was found in the ring signature method, which is used to hide transactions. The detected bug does not allow identifying the amount of the transaction and its participants.
Developer Justin BERMAN found that if a user spends funds within 20 minutes of receiving, there are chances that the output of this transaction can be identified. Monero also noted that the bug found does not disclose information about the amounts, transaction addresses and excludes the possibility of theft of funds.
Monero recommends that users wait an hour after receiving funds before spending. The developers are known to release an update to fix the bug.
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