Is Monero, Dash and all anon coins fucked?

[minobia]

Yes, montero is going down. Listen to Shelby, and everyone else. Sell all your xrm to them.

Like like I said with bcx, the only flaw with monero wrt to Shelby this time around is that he doesn't have enough in his pocket.

Is this for real or what??

[Keihatsu]

I like Zcoin.

What does the author mean when he says Tor is a honeypot too?

I know Tor was originally developed by the US Navy.

[kryptqnick]

One article on Steemit and all alts are worthless? Few days ago i've withdrawn btc,thay have been confirmed after 4 houres than used dash,thay were in my accounts afer 5 min.If Seawitt will b not succesfoul yu will see how btc is fucked

I skimmed through the article and I believe it might be true. And yet this doesn't mean it's the end for these coins, just like you say. Firstly, not many people are going to trust this info and believe there are some unsolvable security problems with these coins. Secondly, other projects in which these coins will be involved will help to maintain the price. For instance, a chain of cafes in my country is planning to accept dash as a payment. This may lead people who have very limited understanding of cryptocurrencies and don't care about anonymity use it.

[theheolyn]

The point is, if the headlines read "Bitmain steals Segwit coins!" rational people are not going to move into another Chinese coin.

He rebutted you:

In further rebuttal of @sus_generis, as I have quoted from others who have explained that the likely first attack against BTC-SegWit is the slow difficulty readjustment of Bitcoin. Thus as BTC peaks then declines in price and then BCH rebounds in price, it will be much more profitable to mine BCH than BTC-SegWit. This in theory results in a spiral that collapses the price of BTC and drives the price of BCH up.

The theft of SegWit probably comes if ever, perhaps some months later, perhaps around the time of the November fork. Those who create the chaos profit by shorting everything and again you are trying to argue that all ASIC-mined blockchains will crater yet it was already explained to you that the lowest-cost miners remain just as profitable as they were before and continue to accumulate all the tokens for the next pump. And NEO is positioned with PoS to take that inflow that gets scared as shit of PoW with what is coming down the pike to discredit PoW. Maybe Vitalik will get his PoS crapola activated in time, but Ethereum is owned by the same TPTB behind the scenes who are the customers of Bitmain. Jihan is just the front man. The power brokers are unnamed as always.

Cryptocurrency as it stands now is a raping system. Bend over greater fools.

[unixguy]

Purpose of any article/news/story is to make you believe in the content and make you flow with it.
But how many times have we seen such articles about btc/eth or any currency etc.
If you will see such stores about btc back in 2012/13/14 era, people will be shocked to see the negativity about it.
But all negativity carries some positive charge also.

[BlockMason]

It's something to be cautious about.

[ridery99]

These were the hype tech coins of the 2014-2016 era, This year had ethereum and who knows what will be pumped next. Many of these old coins still have large amount of fans so their price can stay high in the future.

[sui_generis]

@sus_generis

Wow, how clever

If he spent half the time working on his vaporware coin as he spends insulting others and arguing online, maybe it wouldn't be vaporware. Is it because his ego has led him to write a check that he can't cash? Can't make the coin, so he shitposts instead. That's what his situation looks like to an outside observer.

Just to be clear, my animosity towards Anonymint is due to his constant claims of having an amazing solution, while never releasing it. e.g. He comes into a technical discussion, points out what he perceives to be a flaw, and claims his solution fixes the flaw. Said solution remains vapor. How can anyone take someone who does that over and over seriously?

If he were to release a coin that was superior to what we have now, I'd be the first to admit I was wrong.

[alyssa85]

If anon coins were actually being used, you'd see it in the transactions. Here is the dash and monero transactions plotted on a graph:

https://bitinfocharts.com/comparison/transactions-dash-xmr.html

At most Dash managed about 8,000 transactions a day in April. And Monero is doing about half that. Looks like people in the dark markets prefer bitcoin.

[sui_generis]

If anon coins were actually being used, you'd see it in the transactions. Here is the dash and monero transactions plotted on a graph:

https://bitinfocharts.com/comparison/transactions-dash-xmr.html

At most Dash managed about 8,000 transactions a day in April. And Monero is doing about half that. Looks like people in the dark markets prefer bitcoin.

Most DNM users are degenerate druggies. Of course they use Bitcoin, they're drugged out, lazy, and resistant to change. Pain will be their teacher. It's already known that blockchain analysis provided investigators with evidence that would have helped convict Cazes, had he not died. The latest series of busts provided law enforcement with a huge trove of data. Over the next year they'll use this data to go after AB/Hansa users. Blockchain analysis will help. In time, the DNM users who refuse to use Monero will be selected against (sent to the slammer), while the smartest of the druggies will go on with their lives.

These sorts of transitions can't be expected to happen overnight.

[Traxo]

If he were to release a coin that was superior to what we have now, I'd be the first to admit I was wrong.

I'm in contact with him in http://Crypto.cat and he has the username ecash there.
I am not him, which mods can verify by my IP address and his address as he still reads on his old account.

He told me today in chat that he wants you to know he smiled about the above quote.

I have read the technical specification of his Bitcoin killer.
Not sure if I entirely understand all of it, but of what I understand, it seems plausible and novel.


You may want to try to rebut my additional points about Monero at Theymos' thread.

[Come-from-Beyond]

Is Monero, Dash and all anon coins fucked?

Which ones are immune to quantum computers? If none then all anon coins are fucked for sure.

[Traxo]

What does the author mean when he says Tor is a honeypot too?

The technical and political evidence.

Is Monero, Dash and all anon coins fucked?

Which ones are immune to quantum computers? If none then all anon coins are fucked for sure.

Zcash’s Zerocash (aka zkSNARKs) technology appears to be quantum computing resistant for the anonymity (but not for spending nor transparent control of the money supply) as
it depends on the security of hash functions (and not in the way your IOTA claims that PoW is insecure in Bitcoin against quantum computing).

The spending of Bitcoin tokens can be secure against quantum computing (despite the aforementioned PoW flaw).

See the Zerocash section for the details.

[goin2mars.]

Specifically in this latest iteration, I can't imagine a situation where Shelby wasn't capable of linking the facts that there is no zero subsidy in Monero, and there is also an adaptive block size, I give him far more credit than that.

https://steemit.com/cryptocurrency/@anonymint/re-anonymint-re-anonymint-is-monero-s-or-all-anonymity-broken-20170805t222300726z

Honeythimble at best.

[geotom]

This site shows the linkability of Monero:

https://monerolink.com/

Note the above is without the additional vulnerabilities which @AnonyMint detailed. Thus even 10 ring sigs mixes may be still insufficient.

More details:

https://steemit.com/shadowbrokers/@zooko/re-synapse-re-crazyflashpie-re-synapse-re-demotruk-re-synapse-re-theshadowbrokers-theshadowbrokers-monthly-dump-service-june-2017-update-20170606t153120581z

P.S. Zooko-Wilcox the CEO and lead dev of Zcash commented on AnonyMint’s blog.

Pure nonsense. Monerolink only applies to very old transactions that intentionally turned off privacy by setting mixin to zero.

Anonymint is a well known Monero hater. His mathematics knowledge is a joke; just enough to be able to waste the time of Monero's PhD cryptographers. He's been coming up with imaginary vulnerabilities since 2014. They require ridiculous conditions which exist only in his head. For his vulnerabilities to work, an attacker would have to own over 80% of all outputs on the blockchain, and also continue to generate new transactions to maintain that. In other words, they might work if you created your own testnet, but never on Monero's blockchain.

Meanwhile, it's almost certain that Zcash has a deanonymization backdoor, as hinted at by Zooko and Matthew Green. So Zcash is almost certainly a honeypot, with even less privacy than Bitcoin. It's not surprising that they would put out fake news on Monero, as their inferior system can't compete without deception and tricks.

No doubt about ZCash - sketchy backers, Zookos anti-privacy stance in tweets (fkin bizarre for a privacy crypto developer), state Intel development, toxic waste problem and Alphabay takedown five days after they start using it.

[Traxo]

Fluffy was facepalmed

No doubt about ZCash - sketchy backers … state Intel development, toxic waste problem …

More witless fall into the woodchipper.

[suppersz]

Shitpost. Although the article does make valid points I'm surprised it was censored on reddit if that is true.

Yeah they are not f****d, there are plenty of reasons for them to stick around. Especially Dash, it really intrigues me, I may even get one of the 25 shared masternodes to get some free dividends,

[Traxo]

Yeah they are not f****d

From what I've read, technologically they are.
And another highly shocking blog which is coming (which will explain that proof-of-stake, proof-of-work, and existing DAGs are all fucked) and a project which is coming is going slaughter all of them emphatically.

This is not a joke.
You had better be taking profits on this current bubble (although it might still run up for more weeks or months).

This person has publicly called every significant move correctly, including
  BTC to $5000+,
  BCH to ~$1000 (will rise again to $1000+ after BTC peaks), and
  LTC to $75+.
  He even wrote 16 days ago that XMR would get one more big spike which it did.

there are plenty of reasons for them to stick around

Yeah 100s of greater fools reasons.
But verifiable adoption in the millions on the first fairly distributed altcoin to the masses is going to be impossible for these fucked shitcoins to verifiably equal.
That is one of the facets that is going to put an end to the lies that sustain all the shitcoins on coinmarketcap.com

 Especially Dash, it really intrigues me, I may even get one of the 25 shared masternodes to get some free dividends,

Dash is technological nonsense as well as being a masternode scam.
You apparently don't even understand a basic finance concept known as compounding.
Additionally Dash is actually obfuscated proof-of-stake (not proof-of-work, due the mining revenue paid to Evan's oligarchy scam), which has been shown to only function as an oligarchy.

[hangar18]

These were the hype tech coins of the 2014-2016 era, This year had ethereum and who knows what will be pumped next. Many of these old coins still have large amount of fans so their price can stay high in the future.

Yes, most special is Monero cannot increase many more the price of it in early this year, this is reason today Monero had increased x3 in one week. I believe Dash will increase like Monero soon, just after Monero complete pump to the moon.

[Freedom Force]

The problem with Monero is that it is much harder to scale, if compared to Bitcoin. Still one of the best cryptocurrencies out there, and better than Dash, imo.