New Research Project ‘BitCluster’ Tracks Sloppy Bitcoin Usage

[jamie.redman1]

A new open source Python-based tool called BitCluster may soon make it harder for Bitcoin users to stay anonymous. Motherboard recently talked with the two creators of the project, David Décary-Hétu and Mathieu Lavoie, who say the platform isn’t meant to help the authorities or those committing crimes.

BitCluster Can Find the BTC Transaction Source

BitCluster, unveiled at the NorthSec 2015 conference, may not be able to identify a person’s name and address. However, the Python-based platform groups Bitcoin addresses together in a way that determines if certain transactions came from the same source. These sources could be an exchange, marketplace, business or an individual user.

https://news.bitcoin.com/bitcluster-tra ... oin-usage/

[BitcoinNewsMagazine]

BitCluster tool needs 30 GB HDD, 32 GB RAM, Python 64 bits and 24 hours free time. Here is a link to the code for BitCluster: https://github.com/mathieulavoie and you can watch the YouTube video describing the tool:

https://youtu.be/hqF1k7xiSFI

I think using Monero will become more important with introduction of new blockchain analysis tools. You can browse a guide on how to use Monero to anonymize bitcoin.