For XSPEC specifically, if you did anything other than just look for a richlist you'd know XSPEC currently has a roadmap which will make it fully private in the near future. With xspec people who care to avoid richlist can choose stealth addresses. Default is comming soon. Sorry man, that's not enough for anonimity by a long shot: https://bitcoin.stackexchange.com/questions/20701/what-is-a-stealth-address |
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Well i must be silly then buying this when it was 0.3 and having right now +1500% in my portfolio and 3000% last week when it crossed 11$, (yes i didnīt sell a single token cause itīs gonna do previous atm and goin over that.. but what should i know..)
"But i think highest inflation will be like 3 years from now. And 12 years from now will get to cool times. In anyway. Buying SUMO before 2020 is super silly."
So you mean buying litecoin in 2013 at 1.3$ is worse than buy in 2017 at 50$ or whatīs the point? (and iīm not even talking about the supply sumo will have in 4 years, wich is way less than litecoin in 2018, cause sumo is a 20 years scheme..)
Yes, you are being silly... you purely focus on short term paper profit... Sumo has nothing more to offer than monero, right now sumo is basically a copy of monero, but with a 10% premine, a higher future inflation, a much smaller devteam that doesn't know the codebase, no utility whatsoever (tell me, where is sumo being used), no cryptographers (like MRL in monero) to vet and peerreview the code and to develop new things like multisig, bulletproofs etc. No hardware wallet coming, not supported on big markets, ... sure, right now it's an easy speculative pump vehicle, like 99% of other shitcoins going up... I just checked their roadmap, they litteraly just do what monero does... why on earth would any sane person invest in a pure copy of something that already has networkeffect? good luck, I think you will need it, hopefully you will be as talkative about your losses as about your profit... |
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lol, monero is a cheap clone of bytecoin [/b]with a community based team that needed 3 years to get the mcap that sumo has in 6 months
Ah yes, because marketcap is a measure of level of privacy... Maybe let's talk about utility... any place where sumo has some actual utility? You must be very new in this space, yes? not sure what is wrong with communitybased... have you heard of bitcoin? the oldest and most valuable crypto? monero forked from bytecoin because the latter was an obvious scam with an 82% premine they tried to hide... |
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Biggest potential right now I would say Anoncoin (ANC)
Active development, small marketcap, one of the earliest if not the earliest privacy coin.
It just did not have its boom yet, but make no mistake, its coming soon.
Nope, sorry, has a rich list: https://chainz.cryptoid.info/anc/#!richWhen you send coins to me, I can take your address and look into the blockchain how much coins you have, with whom you transacted, when etc... so no, not private at all... |
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Ya, show me the white paper and I will happily believe you when I can check how they will achieve that. The only thing I hear is promises that they'll achieve this. I don't invest in promises, certainly not in crypto where 90% of coins are scams (even without devs knowing they are scamming). So please, show me a peerreviewed whitepaper, otherwise I call vapourware....
Just checked your post history and saw that you attempt to rip apart any coin that isn't Monero so your intentions are clear. If you have questions I would highly suggest taking a look into the XSPEC slack and talking with the lead dev, as he is pretty active. Might clear up any questions you have. well, it's alos not difficult to rip apart... they're not privacy coins, they all have rich lists, compare this to monero: https://moneroblocks.info/richlistno rich list, because the block chain is opaque: addresses are hidden, amounts are hidden, outputs are mixed, ... there's litterally nothing there in the blockchain... so, I'm not ripping apart, if you want to use a privacy coin that isn't private at all, be my guest... but then why not just use litecoin... If I was trying to sell you a lamborghini and you could obviously see that it's just a stupid Renault, would you buy it because I promise it will become a Lamborghini? about going to the lead dev: sorry, no, the normal scientific process is: you write down your theories, you vet these theories with references to scientific papers that actually prove stuff, you have your theories peerreviewed by other scientists who can be able to detect flaws in your thinking processes, who can make addendums etc... Then you publish this white-paper and you ask for a review by the scientific community. If all this works out positively, THEN you can go and sell 'a privacy coin'... But selling something as private while there's no paper and no peerreview is just an empty promise, until something is delivered. And in crypto, you don't invest in empty promises, or you'll get burnt... I'm here since 2012, I learned (and not always in a nice way) how these things go down. Don't invest in promises alone... |
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The thing is, there are SO many privacy coins. How many can we have? How many will succeed? Certainly not all of them.
Correct me if I'm wrong, but isn't Zcash the most secure because of zk-SNARKS? My understanding is that there is no privacy coin in existence that can compete with it.
Monero is the king at the moment. Zcash has problems because of optional privacy: https://z.cash/blog/new-research-on-shielded-ecosystem.htmlthere's a reason xmr is the new chosen currency on the DNM's.... |
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For XSPEC specifically, if you did anything other than just look for a richlist you'd know XSPEC currently has a roadmap which will make it fully private in the near future. Ya, show me the white paper and I will happily believe you when I can check how they will achieve that. The only thing I hear is promises that they'll achieve this. I don't invest in promises, certainly not in crypto where 90% of coins are scams (even without devs knowing they are scamming). So please, show me a peerreviewed whitepaper, otherwise I call vapourware.... |
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I'm always interested in new privacy coins, but are there really any that can go up against the king, Monero?
At this moment, no! Monero is the only coin with mandatory privacy on the protocol level, with the option to make it not private with the viewkey. Other coins are the other way: public blockchain with optional privacy (and mostly that optional privacy isn't as good as xmr's privacy). So, no, there's nothing else, there's a reason why xmr is the new chosen currency on the DNM's... best regards |
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Those picks are very weird and probably speculative. I would still prefer to choose monero dash verge xtrabytes and zash over all others as these coins proved themselves over time mostly.
Ya indeed, those picks were the worst. But Dash doesn't really play along anymore in the privacysphere. Also, they have optional privacy and not on the protocol level. If a person is the only person using privacyfeatures, he sticks out, don't ya think. It's just a bitcoinmixer implemented in the protocol. Verge actually proved nothing at all. They were supposed to hide IP's, but their wallet doesn't even do that: http://xvg.keff.org/ and we're still waiting for the wraith protocol, which should be stealth adresses, but those alone are totally not enough for reaching privacy. Never heard of xtrabytes, but they also have a rich list, which means the blockchain is searchable with your address, so not private at all: https://blockexplorer.xtrabytes.global/richlistzcash has a set of its own problems (because of the optional privacy which is, as already said, a very bad design choice). Quesnelle did some research, almost noone uses shielded transactions, and when used they can still be linked pretty easily: https://z.cash/blog/new-research-on-shielded-ecosystem.htmlThere is a reason why XMR is the new chosen currency on the DNM's you know... |
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This coin was a fork of Monero, am i right or not? Please correct me if i am not right.
Anyway, why you think that this will make a x10? are there any reasons behind that idea? There are already a lot of privacy coins. Like pivx, deeponion, zcash, and a few more.
Privacy is most important feature of course. But this coin has a very good community that builds up my trust in the future of the coin and amazing team that sticks to the schedule. Nothing you can see with other coins. The potential is still hidden as it may easily replace BCN/XMR/AEON thanks to huge support and market interest in priv coins. Lots of tools released from dev team and community implementing new features and fixing issues. I haven't seen such a nice project in years. lol, sumokoin is a cheap clone of monero with a 10% premine which can be detrimental for privacy since one entity has lots of the output that are used for the ring signatures... It has no devteam whatsoever (4 people never heard of), no cryptographers doing scientific research, no community, no usecase, no nada... it's just a cheap moneygrab with the devs taking a huuuuge portion for themselves (10%). I'd stay away if I were you, it has nothing over monero, best to stay with the real deal... |
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If you need privacy coin,you need buy Spectrecoin (XSPEC). This is most anonymous coin with fully integrated Tor+OBFS4
Nope, it's not a privacy-coin, it has a rich list... one can search in the blockchain, so it's not anonymous at all. When you send me XSPEC, I can take your address, look up in the block explorer how much XSPEC there are in your account, with whom you transacted, etc... so totally not private/anonymous https://chainz.cryptoid.info/xspec/#!rich |
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Do you think that this question, about privacy, make the spectrecoin not good to invest?
I read a lot of good news about it and all my friends believe that the price can grow to 100 dollars in 2018.
Whats your opinion?
This is difficult... I would never buy something from someone that lies to me: the xspec team says their coin is anonymous, while it's not... but the cryptosphere is one big speculative bubble at this time, so maybe it will go up, who knows... But even then, do you buy something from someone that lies to you, I would never do that... good luck anywayz! For the privacy coins there are lots of problems and dilemma. They claim their coin is 100% anonymous but when we check all the factors and features, we sometimes see it's not 100% private. It's still traceable. the thing is, it's not a privacy-coin... the blockchain is searchable, I can look up addresses, so how much coins is in them, with whom they transacted... would you buy a volkswagen from me if I told you it was a lamborghini? |
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stay far away from this scam. Devs hold the super majority of coins, then they artifically pump the price by requiring onions for more onion airdrops.
SCAM STAY FAR AWAY YOU WILL LOSE IT ALL
Actually, They are providing us FREE AIRDROP it means that we didn't invest anything except time. wauw, they created a bunch of coins out thin air and handing them out... and you are happy with that? Want to have 5000 obit33-coins by tomorrow, I can certainly do that, and they're anonymous, I promise, it will be yuuuuuuuuge, 100$ by end of 2018 seriously, be more critical for these things, they want your money |
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Do you think that this question, about privacy, make the spectrecoin not good to invest?
I read a lot of good news about it and all my friends believe that the price can grow to 100 dollars in 2018.
Whats your opinion?
This is difficult... I would never buy something from someone that lies to me: the xspec team says their coin is anonymous, while it's not... but the cryptosphere is one big speculative bubble at this time, so maybe it will go up, who knows... But even then, do you buy something from someone that lies to you, I would never do that... good luck anywayz! |
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Its the only real anonymous coin. There are a real good dev team behin this coin, which have big plans with the coin in the future. And the max supply is very low, so it can reach easily over 100$ per coin.
as said here above, it's not anonymous, I can look up the 100 richest addresses in the blockchain, so i'ts about as anonymous as bitcoin behind tor... which is NOT anonymous: https://chainz.cryptoid.info/xspec/#!rich... give me an address, and I can look it up... Would you consider your bank account anonymous if I could take your accountnumber and look up on the internet how much money you have and with whom you transacted in the past? I think not... don't believe everything you're told... do your own due diligence |
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If you take into account all the coins that were called scam in the past,
and look at their current marketcaps, it is obvious people should not call something a scam so easily.
I believe ONION is a very promessing project and do support it. In fact I am buying.
Let's see where it goes the coming months!
you believe... maybe do some research, so you'll knowmarketcap is a very fake measure with all the premined crap coming out, this is an accident waiting to happen. how difficult is this to grasp: deeponion tells you they're private while they are not, why would you buy something from someone that lies to you? by god people are gonna get burnt, greed is dangerous |
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Don't listen to what people say on forums, for one...
do your own due diligence... It's not because some developer says his coin can do some trick that it really can... It's not because some shiny website says some coin can do some trick that it can, you have to research it for yourself, make sure it works that way for yourself, don't take anybody else's word for granted... This space is litterally full of scams right now, very little legitimate projects...
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