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Question: Which of the following crypto currencies provide true anonymity?
Dash
Monero
Anoncoin
ShadowCash
ZeroCash
Other (please specify by replying)

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Author Topic: Which crypto is truly anonymous?  (Read 3497 times)
generalizethis
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August 06, 2016, 11:42:58 AM
Last edit: August 06, 2016, 01:38:24 PM by generalizethis
 #21

None of these are currently anonymous.

They have identity-obscuring features, which are nice, but all of them currently fall embarrassingly short of expectations. Not to say that effort hasn't been well spent, just that if you expect an 'anonymous' currency today, it's not on that list, or any list you could make right at this point.

That said, some on that list are capable of being "truly anonymous", some day, provided they are backed by a community that's willing to comply with a regular hard fork.

This of course requires both having a community and active development.

That would be Monero with I2p integration and a rolling hardfork--security is tough, but in the right hands, it adapts to the threat, rather than into it.

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August 06, 2016, 06:48:26 PM
 #22

Digitalnote lets you send anonymous messages and has untraceable transactions.

You can try it for free since we are doing a guveaway here!: https://bitcointalk.org/index.php?topic=1575551.0

Thanks for letting me know about this altcoin. It has been a long time since I haven't looked into it, but since it provides untraceable transactions, I will research more about it.



https://www.deepdotweb.com/2016/06/28/fbi-is-trying-to-hide-their-tor-exploit-for-good/
http://www.thelastamericanvagabond.com/constitutional-rights/fbi-labled-tor-browser-users-criminals/

FBI and other Government agencies have had access since it was created.
Just between us Wink, the reason the original US Naval Programmer dropped it , was he discovered an underlying flaw , and instead of wasting all of that time and effort , it was released to the public, where criminals would think they were safe but the reverse was true, everything they were doing was being recorded.
It was also a way to get evidence , so they could create a network of intelligence gathering assets from those threaten with jail time, work for me or go to jail is a very compelling argument.

 Cool

Thanks for sharing these useful resources. It turns out that there may never be a secure and anonymous way to stay hidden from prying eyes. Tor has been compromised, hence the only thing left would be i2p (unless the government has found a way through it too). That is why I think that true privacy will never be achieved since the government will always find a way to go through it.  Sad

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August 06, 2016, 07:22:59 PM
 #23

Quote
(The corresponding pages in regards to the rule change have since been removed from all websites, despite the rule change being publicized, and can no longer be found.)
from http://www.thelastamericanvagabond.com/constitutional-rights/fbi-labled-tor-browser-users-criminals/

The above quote is incorrect. Here is the link to the document in question. https://www.documentcloud.org/documents/2819194-frcr16-8mad.html

By the way the fact that one may not be able to secure one's home against a direct hit with the Tsar Bomba https://en.wikipedia.org/wiki/Tsar_Bomba is not a valid reason to not invest in home security.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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August 06, 2016, 07:35:02 PM
 #24

Which crypto is truly anonymous?

None. Will never exist. That is if you mean truly anonymous from the NSA.

Your question should be which offers the highest amount of anonymity mixing. The answer is Zerocash.
2legit2
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August 06, 2016, 09:09:14 PM
 #25

Which crypto is truly anonymous?

None. Will never exist. That is if you mean truly anonymous from the NSA.

Your question should be which offers the highest amount of anonymity mixing. The answer is Zerocash.
well if you will not try to be anonymous yourself then you are right about it, in my opinion cryptos in this way will never be anonymous, though for me bitcoin is anonymous enough




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August 06, 2016, 10:38:48 PM
 #26

I think that there is no crypto which is completely anonymously because of some crypto wallets like coinbase which arehard destroying tgat anonynously like example they told about kickass to fbi
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August 07, 2016, 01:44:00 AM
 #27

I'm not so sure about the 'will never exist' meme scare tactic.

Fully traceable transactions are an invention of the 20th and 21st centuries, and even less than 15% of that time has more than a few percent that are even fully traceable.

Won't exist for a generation is fine to hold as an opinion, but won't exist ever seems a little out of touch.
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August 07, 2016, 01:58:16 AM
 #28

Which crypto is truly anonymous?

None. Will never exist. That is if you mean truly anonymous from the NSA.

Your question should be which offers the highest amount of anonymity mixing. The answer is Zerocash.

Exactly. There may not be a truly anonymous currency against the NSA, but at least I can keep my privacy from the rest of the world.


I'm not so sure about the 'will never exist' meme scare tactic.

Fully traceable transactions are an invention of the 20th and 21st centuries, and even less than 15% of that time has more than a few percent that are even fully traceable.

Won't exist for a generation is fine to hold as an opinion, but won't exist ever seems a little out of touch.


I think he refers that there will never exist an anonymous cryptocurrency since the NSA will always figure out a way to get around it and spy on you. Just take a look of what happened with the Tor exploit lately. Speaking of which, I hope that new Selfrando feature on Tor will help make it more anonymous.

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August 07, 2016, 02:18:44 AM
 #29

I'm of the opinion that believing that the government is inefficient and often incorrect to the point it will ruin itself, while simultaneously believing that the government will always find a way to track you constitute doublethink.

Not that both opinions are independently incorrect, of course. Just that people who present both opinions in their arguments as valid points, imo, have a bit of explaining to do.

My understanding of the recent TOR issues was that there was a Firefox exploit. TOR itself remains vulnerable to mainly the same exit/entrance exploit requiring majority ownership that it did before. I'm not generally surprised about hearing that an internet browser being prone to vulnerabilities. TY for the article though I needed something to read today Smiley

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August 07, 2016, 02:31:57 AM
 #30

In this case these are bad news for some coins.
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August 07, 2016, 05:10:07 AM
Last edit: August 07, 2016, 05:30:57 AM by iamnotback
 #31

If NSA has enough incentive to unwind all the data and then target you, they can. They always have rubber hoses as a last resort.

But if the anonymity mix set is large and diverse enough, and you are a small fish, it might not be efficient or plausible from an efficiency standpoint for them to do so.

My point is that if you think anonymity will 100% protect you from illegal (or even legal but in competition with TPTB) activities, then there won't exist such "truly anonymous" where "truly" is interpreted to mean "100% certain protection".

But lack of 100% certainty is akin to life itself. Nothing is certain in life, except death (and even the upper bound timing of that might not be certain in the future).

Edit: if someone could enumerate all the ways one could be unmasked and then show mathematically it was implausible+intractable (with known computing power) to unwind in any way a certain set of anonymity mixes, perhaps one could make a claim of true anonymity. But as of now, I do not see that as realistic but I haven't actually tried to formalize all that (seems daunting and implausible just from the rabbit holes I have climbed down and analyzed). The holistic math on anonymity (over all possible attack vectors) is very fuzzy and I'm presuming it will remain so, because I presume the set of possible attack vectors is unbounded.
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August 07, 2016, 06:15:22 AM
 #32

Although I have not tried using these cryptonote coins,but I was amazed on their white paper,they claimed to be a real anonymous,unfortunately since I trade for profit I cannot trade from the exchange that I am using since cryptonote algos are not accepted on this kind of exchange..

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August 07, 2016, 01:28:20 PM
 #33

Presently there are no 100% truly Anonymous Crypto Currencies... But We hope to change that... Smiley Keep an eye on Darknet...




Darknet Giveaway

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Cool advertisement plug, bro...too bad you need to be completely public to participate in this 'darknet' giveaway LOL  Roll Eyes






Why do people think the dsrknet is this magic place ! It really isn't. Why would it work better there ? If anything it will be slower.

Nothing is 100% anonymous but we can always try make it almost impossible to find. With enough time you can find just about anything. But I dont see why this is so important are you guys planning on buy like weapons and half an army ??
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August 08, 2016, 12:46:30 AM
 #34

Although I have not tried using these cryptonote coins,but I was amazed on their white paper,they claimed to be a real anonymous,unfortunately since I trade for profit I cannot trade from the exchange that I am using since cryptonote algos are not accepted on this kind of exchange..

Yeah. I've seen that Monero is among the most popular cryptonote coin (apart from being the one that has the most votes on this poll) and yet, it may be one of the most anonymous cryptos out there, but not 100% anonymous of course. Still, I have seen prices of anonymous cryptocurrencies rise over time like Dash and Monero. I remember when Monero was used to be worth $0.62 USD. Those were really good times. Thanks to the price of XMR today, I have made pretty good profit.  Cheesy

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August 08, 2016, 01:11:13 AM
 #35

I dont get the alure of Monero, sure it's a very popular coin and has a large community -- I accredit its current market cap due to the community surrounding it, not its utility. I'll explain why.

The primary point of anonymous transactions is to use it to buy 'things' you want to purchase anonymously. Depending on what you're purchasing or selling, the stakes may be incredibly high for getting caught, anonymity is absolute paramount.  If you simply want to 'wash' some coins for financial anonymity, well, bitcoin mixers suffice for most people's uses. However, if you're running a shop or ordering certain products that may not be legal in your country, you need extreme financial anonymity and an anonymous decentralized platform with end to end encrypted communications.  The currency is 1/3rd of the recipe for true protection. As far as I know, most of these coins only offer that 1/3rd portion, Dash, Monero, etc.

If a (dark net) marketplace doesn't support Monero, it's use is very limited. Sure you can use it to transact financial payments anonymously, but I don't know of any popular 'marketplaces' that support it. Even at that point you've still got to deal with pgp encryption (a hurdle for technically-inept people) of communication and use a centralized platform that suffers from DDOS attacks, exit scams, and the never ending cat and mouse game between the market owners and three letter agencies.

For these numerous reasons i'm more a fan of projects like ShadowCash, as they're going to combine the currency with an OpenBazaar-like p2p anonymous platform (run on tor and/or i2p) with encrypted messaging, etc., all done behind the scenes in a highly user-friendly manner.  At that point you have a truly useful anonymous currency with a decentralized anonymous marketplace and end to end encrypted messaging platform... now that is a powerful piece of software if you ask me.

As a side note I'm not a big fan of Dash either, masternodes are a potential weak point for anonymity.
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August 08, 2016, 01:40:22 AM
 #36

I dont get the alure of Monero, sure it's a very popular coin and has a large community -- I accredit its current market cap due to the community surrounding it, not its utility. I'll explain why.

The primary point of anonymous transactions is to use it to buy 'things' you want to purchase anonymously. Depending on what you're purchasing or selling, the stakes may be incredibly high for getting caught, anonymity is absolute paramount.  If you simply want to 'wash' some coins for financial anonymity, well, bitcoin mixers suffice for most people's uses. However, if you're running a shop or ordering certain products that may not be legal in your country, you need extreme financial anonymity and an anonymous decentralized platform with end to end encrypted communications.  The currency is 1/3rd of the recipe for true protection. As far as I know, most of these coins only offer that 1/3rd portion, Dash, Monero, etc.

If a (dark net) marketplace doesn't support Monero, it's use is very limited. Sure you can use it to transact financial payments anonymously, but I don't know of any popular 'marketplaces' that support it. Even at that point you've still got to deal with pgp encryption (a hurdle for technically-inept people) of communication and use a centralized platform that suffers from DDOS attacks, exit scams, and the never ending cat and mouse game between the market owners and three letter agencies.

For these numerous reasons i'm more a fan of projects like ShadowCash, as they're going to combine the currency with an OpenBazaar-like p2p anonymous platform (run on tor and/or i2p) with encrypted messaging, etc., all done behind the scenes in a highly user-friendly manner.  At that point you have a truly useful anonymous currency with a decentralized anonymous marketplace and end to end encrypted messaging platform... now that is a powerful piece of software if you ask me.

As a side note I'm not a big fan of Dash either, masternodes are a potential weak point for anonymity.

Thanks for sharing your opinion about Monero and other anonymous cryptocurrencies. Seeing ShadowCash myself (as I'm also hold SDC coins) I think that it will be really huge once its decentralized marketplace comes out. It will provide a whole new way of buy and selling stuff in a decentralized, and most of all anonymous exchange. This may increase the interest of black markets, thus making SDC a much more valuable coin than what it is right now. Also, it has a very nice GUI with very powerful features so this crypto has a very bright future.  Smiley

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August 08, 2016, 01:52:30 AM
 #37

I dont get the alure of Monero, sure it's a very popular coin and has a large community -- I accredit its current market cap due to the community surrounding it, not its utility. I'll explain why.

The primary point of anonymous transactions is to use it to buy 'things' you want to purchase anonymously. Depending on what you're purchasing or selling, the stakes may be incredibly high for getting caught, anonymity is absolute paramount.  If you simply want to 'wash' some coins for financial anonymity, well, bitcoin mixers suffice for most people's uses. However, if you're running a shop or ordering certain products that may not be legal in your country, you need extreme financial anonymity and an anonymous decentralized platform with end to end encrypted communications.  The currency is 1/3rd of the recipe for true protection. As far as I know, most of these coins only offer that 1/3rd portion, Dash, Monero, etc.

If a (dark net) marketplace doesn't support Monero, it's use is very limited. Sure you can use it to transact financial payments anonymously, but I don't know of any popular 'marketplaces' that support it. Even at that point you've still got to deal with pgp encryption (a hurdle for technically-inept people) of communication and use a centralized platform that suffers from DDOS attacks, exit scams, and the never ending cat and mouse game between the market owners and three letter agencies.

For these numerous reasons i'm more a fan of projects like ShadowCash, as they're going to combine the currency with an OpenBazaar-like p2p anonymous platform (run on tor and/or i2p) with encrypted messaging, etc., all done behind the scenes in a highly user-friendly manner.  At that point you have a truly useful anonymous currency with a decentralized anonymous marketplace and end to end encrypted messaging platform... now that is a powerful piece of software if you ask me.

As a side note I'm not a big fan of Dash either, masternodes are a potential weak point for anonymity.

XMR.TO offers the utility you are talking about for Monero--even Peter Todd uses it.

/sc-was-shened




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August 08, 2016, 02:21:27 AM
 #38

I dont get the alure of Monero, sure it's a very popular coin and has a large community -- I accredit its current market cap due to the community surrounding it, not its utility. I'll explain why.

The primary point of anonymous transactions is to use it to buy 'things' you want to purchase anonymously. Depending on what you're purchasing or selling, the stakes may be incredibly high for getting caught, anonymity is absolute paramount.  If you simply want to 'wash' some coins for financial anonymity, well, bitcoin mixers suffice for most people's uses. However, if you're running a shop or ordering certain products that may not be legal in your country, you need extreme financial anonymity and an anonymous decentralized platform with end to end encrypted communications.  The currency is 1/3rd of the recipe for true protection. As far as I know, most of these coins only offer that 1/3rd portion, Dash, Monero, etc.

If a (dark net) marketplace doesn't support Monero, it's use is very limited. Sure you can use it to transact financial payments anonymously, but I don't know of any popular 'marketplaces' that support it. Even at that point you've still got to deal with pgp encryption (a hurdle for technically-inept people) of communication and use a centralized platform that suffers from DDOS attacks, exit scams, and the never ending cat and mouse game between the market owners and three letter agencies.

For these numerous reasons i'm more a fan of projects like ShadowCash, as they're going to combine the currency with an OpenBazaar-like p2p anonymous platform (run on tor and/or i2p) with encrypted messaging, etc., all done behind the scenes in a highly user-friendly manner.  At that point you have a truly useful anonymous currency with a decentralized anonymous marketplace and end to end encrypted messaging platform... now that is a powerful piece of software if you ask me.

As a side note I'm not a big fan of Dash either, masternodes are a potential weak point for anonymity.

XMR.TO offers the utility you are talking about for Monero--even Peter Todd uses it.

/sc-was-shened



Is this the site: https://xmr.to/ ?

Coin mixing? I checked out the site and saw 0 innovation or 'utility' beyond what's offered by bitcoin mixing services. You still have 2/3rds of the equation I laid out that is not addressed. A celebrity plug as an example means nothing to the efficacy or utility of a product.

I really loved this tid bit on their site:

"Do you log IPs?
Yes, we do. This is partially because it helps for support and maintenance, and partially because it's a royal pain to ensure that they are purged from all server logs everywhere. Smiley

It is, in fact, irrelevant whether or not we chose to log IPs. Our hosting service may anyway be logging our traffic, and their logging policy is not in our control. (This is where all the "anonymous" VPN providers lie to you…)

In summary: use TOR or I2P to be fully anonymous."

So really i'm back to square one with that one.

The Shadow platform will take care of all of these things in the background for you, making it much harder for someone to 'fuck up' on their anonymity and doxx themselves.
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August 08, 2016, 02:48:47 AM
 #39

zcash has a chance to win as the most anonymous coin. But it has not yet been released. They have one of the best development teams in the cryptosphere so it is good to wait for this project to be officially online with their mainnet.

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August 08, 2016, 03:00:59 AM
 #40

zcash has a chance to win as the most anonymous coin. But it has not yet been released. They have one of the best development teams in the cryptosphere so it is good to wait for this project to be officially online with their mainnet.

I'm very much looking forward to ZCash, but again, like Monero i'd like to know what their plan is for utility beyond just being an anonymous currency.  I haven't read into the whitepaper much but I know they use ring signatures for their anonymity too (like XMR and SDC). Cryptography isn't my area of expertise, but to my knowledge, the anonymity methods used by Monero, ShadowCash, and ZCash I believe are all on a similar level of anonymity.  If someone could speak to this, and confirm or disprove, that'd be great.
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