Bitcoin Forum

Bitcoin certainly has the network effect in that it's the most widely used cryptocurrency now. But in terms of privacy some of the alt coins may be a better choice, Monero, Dash, Z Cash to name a few. I'm looking for objective information like this

https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php

From a privacy standpoint, it looks like Monero is better than Dash or ZCash. Any objective info that would counter this viewpoint?

Check out NAVcoin

https://bitcointalk.org/index.php?topic=679791.0
http://navcoin.org/

Don't listen to anyone trying to sell you their coin, do your own research.
NAVcoin was hyped beyond belief, spiked at double its current price, and has hardly grown since. There is also very uneven distribution of coins (90% is owned by the top 100).

I think it's personal opinion in the end, zcash seems very risky given its volatility.
Dash had that dodginess surrounding some sort of premine/instamine (don't know the details), and monero is known to have botnets for mining. Just be aware that no coin is "clearly" better.

what about ADZcoin  ??? I think it's a strong project

https://bitcointalk.org/index.php?topic=1590365.0

No, Most other coins that claim anonymity features are in range of DASH. So Bitcoin with mixers.
Cryptonote coins was in range of Monero but now with RingCT Monero is ahead (this is just anonymity wise, development of Cryptonote coins is way behind of Monero)
ZCash and their clones are a crypto only if you trust their trusted setup. If you dont they are just like USD or EUR or CNY or JPN. Can be printed to the infinity.

I looked at this one for a bit. However, they claimed to be in contact with thousands of websites, no one is adopting it as far as I know. The price is still low as well. The ADZcoin devs also seem to have a nasty habit of deleting people's responses on their threads that they don't agree with.

Do not forget about Zcoin, for example. It is not too late.

I agree many investors and crypto enthusiast pointed how great the privacy settings of monero although I am late in buying monero when it is to cheap to buy I'm still trying to buy more it's just sad that it's not on nova and yobit where I actively buying altcoins

that is all true and in fact i love monero and always suggest it to anyone who is looking for an anonymous coin. and i completely agree with the article.

but i wanted to add that you have to realize that bitcoin can also be completely anonymous. you buy it with cash, and never let any of your bitcoin address be associated with you. always deal only with bitcoin and never connect a bank to your bitcoin addresses, this way you reach full anonymity.

It's not that easy. Governments have a program called ChainAnalysis which can work out which addresses are part of the same wallet, meaning you definitely can't be truly anonymous. LocalBitcoins also requires trust in a stranger (with a good reputation maybe, but still a stranger)  which can be problematic. The closest thing to anonymity would probably involve exchanging into another coin and then back again.

Monero is the best for privacy.

Every discussion I've seen from people who are really serious into cryptography say that Monero currently has the best privacy features.
There are several "privacy-based" coins that actually have huge flaws in their design or implementation.

Sho, most privacy but ain't even a drug deala in existence who know WTF a monero is.  So you all tell me if'n thet's useful o' not.  Fools be pilin' up in the baloney wagon tryin' ta score contraband, but the dealas, they only take cash.  An' if you find someone who take crypto of any sort, itsa gonna be bitcoin.  Is they anybody really who usin' monero 'cause it's thet private??

Yes, on AlphaBay there are drug dealers who accept Monero, White-Middle-Aged-Male who saw a Madea movie once.

What are botnets for mining and why is it bad ?

Just take a look at coinmarketcap and see the gap between bitcoin and the rest of the crypto coins, it's a huge gap. bitcoin is successful for many reasons and is the best crypto you could have and if you are worried about privacy? just test a mixer service with small amount and then ask the forum detectives to see if they can link you to your mixed bitcoins or not. :)  8)

all crypto coin still guard privacy user
because crypto coin is anonymous, without verified ID user

is you want clean youre transaction, after exchange to bitcoin in exchanger
you can mixer youre bitcoin

It is only good when you are running a node. I've seen Monero users asking about SPV wallets for Monero. Such good understanding of privacy behind this coin.

No one will guarantee you that owner of bitcoin mixer is not gathering logs on every satoshi that was mixed. Or that mixers are not run by IRS/FBI/CIA/you name it.

but that zcash does not most newest super anonymous?

Zcash is bitcoin reskin, created from Bitcoin's codebase. It has an ability to hide the sender, recipient and value of all transactions on its blockchain.
If you have the correct 'view key' - only then you can see this hidden data. AFAIK there is nothing more anonymous in Zcash than in other anonymous coins.

Ah don' even know what that is.  Ah don't even knows what Alphabay is, is thet a dark market?  Y'all kin buy guns there?

Botnets are malware that infects a computer and mines a given coin for the criminal who infected the computer--most coins have botnets up to and including Bitcoin, so singling Monero out is inane. The argument is that asic resistant coins have a greater percentage of their hashrate due to botnets (which may hold true), but making a coin asic friendly creates mining centralization, so Devs have to choose which problem they want to deal with more--both problems exist in both setups, so it's more an issue of "how much does it happen" than "if it does happen."

Zcash seems a bit too private.  :)
As we can never know whether the trusted set up was compromised or not, we can never be 100% sure that someone is not adding extra coins to the pool. Zcoin seems better because even though it does not hide the amount, we would know if the trusted set up was compromised and new coins were added.
Just my thoughts

The best for privacy.

Without hesitation ZCOIN! it's the best..

This is the best technology on the market, and unlike Zcash we can audit the blockchain ..

https://cryptoblogposts.wordpress.com/2016/12/01/why-zcoin-could-be-the-trade-of-the-year/

Imagine...
Bob has value (money or goods or cryptocoins...) and he want to give this value to Alice.

For Bob there only one private way to give the value exist: is to meet Alice and give value from hand to hand. Though it needs some conspiracy to remain private.

Any other way will involve the third parties like banks, posts or payment systems. Lets call them helpers.

This helpers can take value from Bob's hand and put it to Alice's hand. This is what calls transaction. Transaction holds such info as sender, recipient and amount. This info let helper to treat Alice as next sender for this value. Other words it lets Alice spend value next time. Any transaction can become private only if information about it is destroyed. And there is no such helpers who will destroy this information (think why).

Blockchain is same helper and it's advantages is that no one control all of it so no one can cancel transaction for the reason other than the sender don't have the value. Also no one can delete or change transactions.

Conclusion: for Bob any coin is best for privately give value to Alice until he not going to buy or sell this coin using his real ID or real IP.

I'm very like Dash, but in purposes of anonymity the best coin for now is Monero.
Dash has very bad system of anonymization cause in it's chain mixing happens only to some part of coins (if you permit this "mixing" in your wallet). In Monero all coins are mixing.

P.S: Zcash looks like scam, the only way for it - mining it while it's costs something.

Byteball is as good if not better than Monero and Zcash.

Check it out.

A blackbyte transaction is not even stored anywhere public, only a spend-proof is transferred between wallets.

Install Byteball wallet, go to cryptox.pl and buy some few bytes, go to the slack channel or here in marketing-department to buy some blackbytes, then setup tor, and use blackbytes over Tor and you are golden. Golden. :o

Let's better listen to the Byteball creator's opinion:

What about XSPEC? Seems to be winning the privacy coin war at the moment.

https://spectreproject.io/index.html

Since bitcoin is pseudo anonymous,there is a great need for an altcoin with anonymity.Three altcoins stand ahead in the race.Dash,Zcash and Monero.dash released in 2014 uses darksend to help anonymize the transaction process by mixing coins.Zcash transactions are untraceable because it uses encryption called zk-SNARK.Monero uses a method called Cryptonote.Ring signatures were invented giving the world of cryptography a new type of key process.Also monero is the trading partner of US Exchange poloniex and is paired with every major coin on the platform.Monero leads the race and is widely accepted in dark net markets.

Yep. Monero is surely the only Altcoin that really offers you total anonymity and privacy. It is nothing like Bitcoin which you can easily track. With XMR you have full anonymity.

With Zcash too)

https://getmonero.org/2017/05/17/disclosure-of-a-major-bug-in-cryptonote-based-currencies.html

This is an old news, this bug is no longer relevant..

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I think main principle of anonymity is to be hidden behind the crowd, this is possible only if there is a crowd, large and natural..Then we can say many solutions are good.  in case of very small number of users we cannot hide or at lest not that successful.
I'm waiting CLOAK coin to release it's code then maybe CLOAK can be game changer..

Why no one mention Particl when talking about privacy?
For me is one of the best privacy crypto's!

It's ok that it's goal is much more than being a privacy coin, but it started that way!

I just wrote an article about Particl in steemit.
https://steemit.com/cryptocurrency/@correia/my-long-term-coin-s-or-particl-part
I'm eager to see what you have to say. Please give me some feedback. Upvote and comment.

Follow me on steemit for more cryptocurrency content.
https://steemit.com/@correia

I think Zen have good privacy too. Tekka suggest to buy it last month and now its price increase so much.

for me as I have said many times, it's Zcoin and Zencash, the two best anonymous crypto!

And third, a good outsider to be wary of is Claokcoin.

the cryptocurrency that mainly focused on privacy and anonymity in financial transaction...

I would propose BelugaPay. Now team members provide a pre-sale. To my mind, they will develop their product and can help investors to make a profit.

XMR > ZEC > DASH > XVG, PIVX...

Monero has outperformed any other anonymous coin so far. Dash that could have been a very good competitor for monero decided to rebrand  out anoms.Cloak might be worth looking into but monero is still the number one

monero is one of the best . . .

VPNcoin has the best name.

Zcoin>Zencash>Monero>zcash (back doors)>PIVX>Verge

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