Arkham attributes $420B in Zcash transactions to known entities
- —Arkham labeled 53% of Zcash transactions and 48% of all inputs and outputs
- —Attributed volume was put at $420 billion, with $2.5 billion of balances (37%) tied to entities
- —The calculation period, price conversion and treatment of repeat transfers were not disclosed
- —There is no indication Arkham decrypted shielded transactions
Why it matters: The claim reinforces the narrative that Zcash privacy is eroding, though the methodology is unverified and does not amount to breaking encryption.
Source: TokenPost