Crypto Forensics Firm Chainalysis Adds Tracing Support for Zcash, Dash

Chainalysis announced Monday its Reactor and Know Your Transaction (KYT) products can now trace zcash and dash, two privacy coins whose technical underpinnings theoretically make their transaction flows difficult for investigators to follow. Chainalysis said that it can partially trace over 99% of zcash transactions and perform “successful investigations” on the handful of dash transactions transferred through “PrivateSend.”.

The coins, which together account for $1.5 billion in daily crypto trading volume, broadens the reach of Chainalysis’ two key products: Reactor, an crypto investigations platform whose clients include the U.S government, and KYT, a real-time transaction monitor for exchanges that previously covered 90% of all crypto transactions. In a blog post that downplayed how private these “privacy coins” actually are, Chainalysis said it can follow dash and zcash transactions without completely co-opting user privacy or leaving investigations at dead ends.

Timeline of Zcash