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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: konamist on May 25, 2017, 02:29:21 PM



Title: Which one is by far the most anonymous coin and why?
Post by: konamist on May 25, 2017, 02:29:21 PM
Today I am talking with some friends about anonymous cryptocurrencies, but we could not agree on which one is by far the most anonymous coin, Dash? Monero? or Zcash? My opinion is Monero, but some say Zcash. As we are not experts, we couldn't persuade each other.

Could someone compare them from a neutral and technological point of view and tell me which one is the most anonymous?


Title: Re: Which one is by far the most anonymous coin and why?
Post by: CoolnQuiet on May 25, 2017, 02:48:21 PM
zcash


Title: Re: Which one is by far the most anonymous coin and why?
Post by: cryptohunter on May 25, 2017, 02:58:03 PM
I have no clue myself other than to say I have heard from other developers that zcash is the superior solution for anon tx.

I know several others are implementing zcash into their projects.



Title: Re: Which one is by far the most anonymous coin and why?
Post by: santaclaws on May 25, 2017, 03:07:52 PM
Today I am talking with some friends about anonymous cryptocurrencies, but we could not agree on which one is by far the most anonymous coin, Dash? Monero? or Zcash? My opinion is Monero, but some say Zcash. As we are not experts, we couldn't persuade each other.

Could someone compare them from a neutral and technological point of view and tell me which one is the most anonymous?

zcash

Its my understanding that all of us need to trust the Zcash team as zcash needs a trusted setup in order to operate like a real crypto currency. If the devs fail then "Someone can print as much money as they want, for free, and in total secrecy." Because of this I will never invest a dime into zcash. With the DAO incident and all the scamming that goes on around here I trust no one. This is why I am in crypto. Until Zcash can fix this its a potential disaster.

You can read more about it here: https://bitcointalk.org/index.php?topic=1663331.msg16697418#msg16697418

Now that we got that out of the way, Bitshares is building a stealth feature where this "trusted setup" issue is fixed. Kencode has his team are currently working on this at the moment. source: https://bitsharestalk.org/index.php/topic,24088.msg306626.html#msg306626

So right now Monero is the most anonymous. In the near future Bitshares will be the most anonymous.



Title: Re: Which one is by far the most anonymous coin and why?
Post by: Febo on May 25, 2017, 03:43:33 PM
It is Monero, but using digital cash anonymously is not just about the coin you use but also how you do it. You can reveal your identity fast even when using Monero and you can give hard time those that want to trace you even with Bitcoin, that is considered as totally transparent digital currency.


Title: Re: Which one is by far the most anonymous coin and why?
Post by: ttookk on May 25, 2017, 05:45:44 PM
"Most anonymous" sounds weird. Isn't that like "a little pregnant"? I would think either something is anonymous or it isn't.


Title: Re: Which one is by far the most anonymous coin and why?
Post by: newtybar on May 25, 2017, 05:48:38 PM
Verge seems to be leading the charge on that.