The battle over online privacy (Dash / Monero / Zcash)

[bbc.reporter]

FBI director says agency preparing attack on data encryption after the elections

This will be fun. Let us see what the EFF and the old men of crypto react to this and how they will counter this. Will this make crypto improve and become stronger?

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[Gahs]

can't they all coexist?

Well, they are coexisting already. They are just fighting for a larger market share... and Monero, Dash and Zcash need to make major improvements in different areas if they want to be the last altcoin standing.

[@prashant]

Dash has become really popular as compared to those two.but it also comes with anonymity privacy.its better to invest in dash rather than monero as it market is rising and price has greatly rised up.

[bbc.reporter]

Dash has become really popular as compared to those two.but it also comes with anonymity privacy.its better to invest in dash rather than monero as it market is rising and price has greatly rised up.

I disagree. Dash's master nodes are not a good way to make your coins anonymous because "a government, group of hackers, other entity, or even an individual bought many masternodes (there would be no way to know if this occured), and if the transaction passed through a route where all of the masternodes were owned by that entity, then the transaction could be traced by that entity."

If you want to read more about the comparisons of anonymous coins read it here https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php

That should be enough information for you to know the difference and the superiority of Monero.

[NeuroticFish]

Dash has become really popular as compared to those two.but it also comes with anonymity privacy.its better to invest in dash rather than monero as it market is rising and price has greatly rised up.

I feel like Dash is here and popular since .. like forever. Years.
First I felt like I missed the train. Then I didn't like the re-branding. I liked the Darkcoin name and I knew of another coin, DashCoin, so it was not a fair move.
Then I felt like others' claims (that Dash may not be as correct and anonymous as it first looks) may be true.
Now I feel like people start leaving Dash and the coin is losing popularity.

Monero should have faster development, but slow is still better than none, so I don't complain.

Zcash tries to find its way onto this world. When it will be out of beta, when it will be on the markets and when devs from other areas will review the code and give fair opinion about it.. then we will know what's Zcash about. Until then I find the Zcash discussions only attempts to create buzz around this project.

[.m.]

Dash has become really popular as compared to those two.but it also comes with anonymity privacy.its better to invest in dash rather than monero as it market is rising and price has greatly rised up.

I disagree. Dash's master nodes are not a good way to make your coins anonymous because "a government, group of hackers, other entity, or even an individual bought many masternodes (there would be no way to know if this occured), and if the transaction passed through a route where all of the masternodes were owned by that entity, then the transaction could be traced by that entity."

If you want to read more about the comparisons of anonymous coins read it here https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php

That should be enough information for you to know the difference and the superiority of Monero.

I do not own XMR neither DASH. I heard that this kind of attack is nearly impossible, or the probability of tracing is very low.

[arielbit]

Dash has become really popular as compared to those two.but it also comes with anonymity privacy.its better to invest in dash rather than monero as it market is rising and price has greatly rised up.

I disagree. Dash's master nodes are not a good way to make your coins anonymous because "a government, group of hackers, other entity, or even an individual bought many masternodes (there would be no way to know if this occured), and if the transaction passed through a route where all of the masternodes were owned by that entity, then the transaction could be traced by that entity."

If you want to read more about the comparisons of anonymous coins read it here https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php

That should be enough information for you to know the difference and the superiority of Monero.

I do not own XMR neither DASH. I heard that this kind of attack is nearly impossible, or the probability of tracing is very low.

there is a difference between a completely private and partly private blockchain..

Ariel, I'm going to be polite.

You do not consider that the Monero block chain is unverifiable because it is completely opaque. If you want to "trust the math" and believe no loop hole will ever exist allowing coins to be inserted, changing the supply of coins, or that "the math" will never have an unforeseen hole where transactions will be detangled, something that can't happen with private send, that is fine.

However, an open blockchain, with inputs and outputs that can be seen with the naked eye, and verified is one of the cornerstones of Bitcoin's brilliance.  And Dash kept that while also providing privacy.

Because of that, I personally think Dash's privacy feature is far superior to Monero's.  Dash is solid.  You know where everything stands at any time.

And yet, once again, Dash's superior privacy, fungibility and verifiable blockchain is only one of the many features Dash provides in creating a world class currency that will be used by a majority of the human population in only half a generation's time.  But good luck with Monero, but if you want to use your funds for illegal purposes, please use a minimum 8 rounds of mixing in Dash, and leave the Monero at home.  I really don't trust it, and fear for your safety.

You think you know it all, you think you can trust "the math" but these cryptographic proofs have weaknesses that can be exploited.  Some have been discovered, as in secp256r1, and there could be other weaknesses that have yet to be revealed.

If you want to "trust the math"

yes, we want to trust the math. that is what cryptography is for..is what crypto currency is for.

back to privacy..
i can compare dash blockchain now to the internet, at first you thought that the internet is private but then it is not...then tor was created, it made the internet "PARTLY PRIVATE" ... didn't we heard of government being able to successfully trace in tor? yes it did happen and it is in the news.

[NeuroticFish]

If you want to "trust the math"

yes, we want to trust the math. that is what cryptography is for..is what crypto currency is for.

back to privacy..
.........

If you trust the math, why don't you let the math do the privacy too?
What should be better, the privacy done for you by some people you don't know they're honest with you or not, or the privacy done by the network with mathematically proven methods?
Unless there are bugs (and no big issues were found afaik) I tend to like the second...

[arielbit]

If you want to "trust the math"

yes, we want to trust the math. that is what cryptography is for..is what crypto currency is for.

back to privacy..
.........

If you trust the math, why don't you let the math do the privacy too?
What should be better, the privacy done for you by some people you don't know they're honest with you or not, or the privacy done by the network with mathematically proven methods?
Unless there are bugs (and no big issues were found afaik) I tend to like the second...

that's another way/words to put it 

[aamarket]

So it seems Monero is the best out of three, right ?
 

[amacar2]

Monero seem to provide better privacy out of listed three. And after darkweb started accepting XMR, i think we can say monero will come well above than other alts in future. However on future may be another coin will beat monero and provide better privacy, but i think privacy really doesn't matter for normal crypto users.

[dinofelis]

So it seems Monero is the best out of three, right ?
 

For the moment, I think so too.  However, ZCASH has very interesting crypto.  The main problems I have with ZCASH are:

1) the post-premine by the company
2) the trusted setup
3) (not sure but I think) that ZCASH doesn't use compulsory private transactions, like monero does.

That said, ZCASH DOES have very good ideas.  I think that the main fundamental problem, the trusted setup, can be vastly improved.  When that will be the case, when it will be a grass-roots chain (no postpremine) and when the private transactions are the only possible, ZCASH has better anonymity properties than monero.  But without these 3 aspects, I think I prefer monero's anonymity, although it is not total.

DASH has, IMO, "historical" merit, in that it is one of the first cryptos trying to implement what could improve anonymity.  I think that DASH's anonymity tech (mixers) is outdated, and requires a lot of extra structure (master mixer nodes...) that has been made obsolete by the technology of ring signatures (Monero) and also by the technology of zero knowledge proofs (zcash). 

[xdrzrex]

Nobody mentioned Shadowcoin, their privacy support is supposed to be good as well.

[DarkLurker]

Nobody mentioned Shadowcoin, their privacy support is supposed to be good as well.

Shadowcash privacy looks to be on par with Monero as they both use ring sigs, but Shadow look like they have an advantage on the bitcoin codebase as thats where most of the development is taking place.

http://i65.tinypic.com/oity0n.png

[CoinCidental]

after a lot of research ,MONERO is going to come out on top imo
get them while thyre still affordable
also,why not include NAV and SDC ?

[CoinCidental]

So it seems Monero is the best out of three, right ?
 

right !
thats my conclusion anyway ,and then SDC and then NAV ........in that order