Not So Private: 99% of Zcash and Dash Transactions Traceable, Says Chainalysis

Chainalysis says it can track 99% of transactions involving Zcash, and almost all of Dash’s – coins that both fancy themselves as private and untraceable. “Dash and Zcash allow users to conduct transactions with greater privacy, but that doesn’t mean they provide total anonymity,” asserted the U.S.-based crypto analysis company.

The percentage of Dash transactions that constitute actual transfers of funds using Privatesend, the asset’s privacy feature, is less than 0.7%, the company found. 9% of Zcash and 30% of Monero – another so-called privacy coin – transactions were traceable.

Timeline of Dash, Monero, Zcash