Already Monero has many competitors but they are not enough powerful. Let the new one come and see how much it can go. It it can show better potentiality than Monero then wellcome.
Yes Monero is good but not good enough
I think that now Monero actually has no problems. Because he is a leader in his anonymity. Therefore, I see that now there are really great opportunities that we will need soon, so Monero is a very good option.
Monero has problems in maintaining unlinkability and at the same time it is costly, some pay thousands of dollars just to maintain privacy in Monero.
Unlike Monero, who mixes transactions of its users into a ring of transaction that includes other MXR transactions to attempt to lessen the ability of tracking the orginal sender of a specific(s) transaction. Scroda routes your funds through multiple different addresses in your possesion thus not requiring third parties.
Through the use of a
self anonymized routing procedure, required
one time use addresses and the requirement of using of a
mixing pool when needing to
merge funds together allows the Scroda network to maintainng unlinkability.
Have a read at the link below and let me know your thoughts? seems pretty eye opening.
https://medium.com/@scroda/monero-has-a-new-competitor-in-town-8b489417b4a2Well competitors xmr above the roof , such zcash for this is probably the most anonymous coin which I know , for me xmr is not very good coin , I try to stay away from her and should have taken the other coins that are more attractive
Zcash also is not 100% as nodes are able to spy on its users thus breaking its privacy.
isn't this too early to say that the scroda is a monero competitor. I really don't really understand the technology that he has, but Monero is still good.
At least you admit to not being so tech savy unlike others
kudos to you. But yes Monero is good but still not good enough it still has flaws and is costly some users who are not so tech savy as you sometimes believe they are conducting transactions in private but really are not as governments can sometimes link users transactions together.
It's not just the taste find new competitors to monero. the most notable thing, in this case, is that the fixed monero can survive and even many existing competitors thus incapable of rising expectations. even for Scroda, I guess nothing interesting to obtained therein.
Monero won't survive it's structure doesn't allow it to survive. It's fee's the way it's mixes and routes transactions all are flaws. Monero does no marketing neither if Scroda was to gain funds it would for sure surpass Monero and market it better than Monero. Scroda's ecosystem is more pleasing than monero and attracts more people with it being fee-less.
Monero's founders aren't businessmen neither.
What about mcafee and the privacy coins he talks about?
Which out of all the coins that he overhypes are you talking about? Mcafee isn't a realiable source he gets paid to promote trash projects and in all reality doesn't even care. No one should take advice from Mcafee whose whole purpose it just to provide absurd hype.
