How much privacy can the incognito chain offer, in this scenario:
- User buys Bitcoin on Coinbase
- User makes a withdraw from Coinbase to a shielding address
- BTC aka pBTC is now in his Incognito Wallet
- User unshields his BTC to store it in some Hardware Wallet
Question: Is there no more KYC connection to the Bitcoins bought on Coinbase yet? If yes does this also work now as our network is quite small as far as I see around 3 to 5 shielding/unshielding events within an hour. Thanks for your help guys.