Bitcoin Forum
June 27, 2024, 02:26:00 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Monero & KORECoin the only untracable coin | Dash & Zcash got traced!  (Read 270 times)
davecrypto (OP)
Full Member
***
Offline Offline

Activity: 151
Merit: 100



View Profile
October 03, 2017, 10:54:29 PM
Last edit: October 03, 2017, 11:06:36 PM by davecrypto
 #1

Bad news for Dash and ZCash holders:

Cryptocoins like Dash, KORECoin, Monero, ZCash ... are focusing on privacy and anonymous payment.

Now there are some bad news for Dash and ZCash:

A new blockchain analysis firm has released surprising news about Dash and ZCash.

BlockSci, a new blockchain analysis firm, has successfully traced transaction from beginning to end on both DASH and ZCash. This is bad news for these blockchain projects as their biggest focus and value add is anonymity. Now this is technically gone.

The good news is that they were not able to trace transactions on Monereo. A pity that they didn't look into KORECoin too, because I'm sure KORECoin is also 100% untracable. KORECoin's & Monereo’s level of anonymity and obfuscation is still impenetrable.

 From themerkle.com:

     "Criminals flocking to other cryptocurrencies may want to think twice about those as well. As BlockSci’s whitepaper explains, there are very few cryptocurrencies which have eluded their scrutiny. One of those currencies is Monero, as it provides a degree of anonymity and obfuscation the group has not been able to crack just yet. Monero is officially labeled an “unsupported blockchain due to it not following the one-input one-output paradigm.” That is an interesting point which shows how Monero may be the only cryptocurrency providing full privacy and anonymity right now."

    "Some people may wonder how Monero is any different from Dash or even ZCash in this regard. While it is true the latter two cryptocurrencies have focused on privacy and anonymity to a degree, their implementations are far from perfect. BlockSci describes how they successfully traced both ZCash and Dash transactions from beginning to end, regardless of features like PrivateSend. This is anything but good news for people who value these currencies for their privacy or anonymity features."


Monero has a good community and is also a very solid coin in my opinion. KORECoin is on it's way to get some steps further with anonymous browsing, TOR masternodes, anonymous and encrypted VoIP, decentralized market (KOREBay), secure wallet with Tor implementation ...they even offer a privacy-and security focused OS.

For investors, KORECoin has still a very low marketcap and is under the radar, but will of course be noticed after their new-wallet, re-branding and roadmap announcement.

In my opinion, if Monero doesn't improve a lot, KORECoin will outperform it in many ways.

Nonetheless, I am holding both because I like the Monero community and the great ideas and dev-team of KORECoin.

CORNUCOPIA    || Gain Access to Amazing IPOs || [ Pre-Ico 2018 ]
          
Whitepaper    Facebook TwitterTelegram
btct22
Hero Member
*****
Offline Offline

Activity: 615
Merit: 502



View Profile
October 04, 2017, 12:01:27 PM
 #2


What about PIVX with it's new Zero Coin protocol for a private coin?
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!