About Privacy Coins

[OasisDre]

I'm here to discuss about new privacy coins, what new coin you have in mind that beats Monero in terms of new features and privacy? I choose Veil and Sero over Monero and I'm holding some bags if those two

and what do you think about the future of privacy coins? while privacy coins offer bad people a level of anonymity, the liquidity issues and barrier to entry for buying and selling privacy coins make them impractical for most dark market purchases, what do you think?

[chip1994]

I'm here to discuss about new privacy coins, what new coin you have in mind that beats Monero in terms of new features and privacy? I choose Veil and Sero over Monero and I'm holding some bags if those two

and what do you think about the future of privacy coins? while privacy coins offer bad people a level of anonymity, the liquidity issues and barrier to entry for buying and selling privacy coins make them impractical for most dark market purchases, what do you think?

I think it is still in great demand in the future but not now. You know, although many governments try to stop in crypto trading, all efforts are ineffective. all of which were bought and sold through many banks without being detected. People suddenly realized that they didn't need money laundering because of the anonymous coins. Besides, privacy coin often has many holes and hackers can penetrate and steal it. There have been many exchanges in Korea that were hacked and stole quite a lot of privacy coins, especially XMR. On the contrary, it still has its advantages and Dash is showing the power of privacy coin. If possible, you can hold Dash instead of the other alts.

[kushti]

Privacy coins could be under pressure globally soon, Korean exchanges already thrown away some of them.

Maybe mixing should be more easier in coins where it is not private by default, see non-interactive mixer ErgoMix coming to Ergo, and some guys are doing BIP for SNICKER, non-interactive mixer for Bitcoin.

[livingfree]

and what do you think about the future of privacy coins? while privacy coins offer bad people a level of anonymity, the liquidity issues and barrier to entry for buying and selling privacy coins make them impractical for most dark market purchases, what do you think?

You don't have to be specific about the bad people let's generalize it as a whole. It offers the anonymity that everybody wants, be it good or bad people and this is an issue to some exchanges that's why they acted on it and delisted privacy coins like Monero.

I'm here to discuss about new privacy coins, what new coin you have in mind that beats Monero in terms of new features and privacy?

The contenders are Dash and PiVX.

[Byakuga]

You should be aware that few exchanges are delisting privacy coins? Yep its really happening which is one reason I find it hard to hold XMR and others but still I have Apollo currency and dash sleeping in my wallet,I don't know how the future will turn out to be for privacy coins

[GreatArkansas]

For me, still GRIN. They didn't conduct an ICO at all for this project.
And also what I really admire on the GRIN is the mimblewimble protocol of it. And this is fresh, they just launched last year (2019 January) and I saw before, there was a huge donation from the person to the GRIN community/development team.
There being open-sourced project is nice, although they don't have yet gain much popularity.

[Greatchu]

For me, still GRIN. They didn't conduct an ICO at all for this project.
And also what I really admire on the GRIN is the mimblewimble protocol of it. And this is fresh, they just launched last year (2019 January) and I saw before, there was a huge donation from the person to the GRIN community/development team.
There being open-sourced project is nice, although they don't have yet gain much popularity.

Grin coin is not the only project that doesn't conduct ICO or any fund raising, Veil Project and Apollo currency did not raise any fund either and everything was done by the team, it shows more seriousness to me, look around you, most projects that was funded by investors end up dead or scam

[NeuroticFish]

The contenders are Dash and PiVX.

Well, Dash does a great job at advertising itself as privacy coin, but it should not be in the list. I won't say more because I would go off topic.
Grin, on the other hand, IS interesting and it could be soon quite a competitor for Monero.

[livingfree]

The contenders are Dash and PiVX.

Well, Dash does a great job at advertising itself as privacy coin, but it should not be in the list. I won't say more because I would go off topic.
Grin, on the other hand, IS interesting and it could be soon quite a competitor for Monero.

Yes mate, Grin.

I forgot about that coin. It's the first ever altcoin that was accepted as payment in the forum for the Copper Membership and it took theymos' attention.

[Ken_terrance]

I don't know much about Grin privacy coin but I've heard lots of good reviews from people on the internet, about veil I like the project not only because of the team but the stealth feature where you send coin without revealing anywhere on the block chain, that's awesome

[Henri Cartier]

People use Privacy coins mainly because of anonymity. If you want to buy privacy coins, you can choose one of the top privacy coins like Zcash, Dash, PIVX, Verge, etc OR you may check the top privacy coins based on the market cap here.

[DDante]

People use Privacy coins mainly because of anonymity. If you want to buy privacy coins, you can choose one of the top privacy coins like Zcash, Dash, PIVX, Verge, etc OR you may check the top privacy coins based on the market cap here.

Honestly new privacy coins might be the better choice because of upgraded features but I prefer holding top coins most especially bitcoin because it gives me peace of mind, if I lose value I won't break a sweat because it will grow up again

[Mpamaegbu]

You should be aware that few exchanges are delisting privacy coins? Yep its really happening which is one reason I find it hard to hold XMR and others but still I have Apollo currency and dash sleeping in my wallet,I don't know how the future will turn out to be for privacy coins

Uncertainty is sadly one of the reasons some of the early adopters of Bitcoin couldn't hold on to their shares and sold off that early, though in regret now. Uncertainty is a core of the crypto industry. As far as I am concerned, crypto business is a highly unmitigated industry at the moment. It's a risk thing. BTW, is there any business that isn't risky?

[qwizzie]

You can have strong security technology in a blockchain, but if you can not guarantee a secure website from which to download the binaries, then that will impact
your reputation as a blockchain.

Link : https://arstechnica.com/information-technology/2019/11/official-monero-website-is-hacked-to-deliver-currency-stealing-malware/

As long as no answer has been provided on how hackers got into Monero's boxed-off website and were able to replace Monero's official binaries with coin-stealing malware binaries,
i consider Monero compromised towards its users.

I am particularly interested in knowing what happened to the closed-off box that was sent by Fluffypony to a bunch of specialists for investigation more then two months ago,
as that could shed some light on how their official website was breached by hackers.

As long as this does not get clarified, there will always remain the risk that this could happen again with their official website. And the rumors about a Monero developer gone rogue or
a Monero developer having been negligent with his/her security access, will then also continue circulating.    

[wheelz1200]

Privacy coins will always have their spot in crypto, since some of the backbone behind the creation of crypto has to do with anonymity.  I think there definately will be challenges to be accepted by governments across the globe due to the fear of privacy they have but inevitably they will exist and there really isnt anything any governments cant do about it.

[Stanlo]

The future of privacy coins looks uncertainty because exchanges are going against them, even its a threat for the government, I think privacy coins are good for dark web things only, this is a perfect tool for bad people if you ask me

[GucciBoy]

DASH and Monero is the industry leaders, and I don't see that changing anytime soon.

A lot of people like privacy coins, because they are private to transact with, but whenever you use a centralized exchange, your identity is exposed (at least for incoming transactions, and how much you hold).

Decentralized exchanges, such as the Blocknet DEX: https://blockdx.com/ goes very well hand in hand, as your identity is never at risk of being shown. No accounts is needed to transact, no KYC is enforced etc.

Moving forward, I believe DEX's will evolve with privacy coins, and both of them being used a lot more than they currently are today.

[shinratensei_]

I'm here to discuss about new privacy coins, what new coin you have in mind that beats Monero in terms of new features and privacy? I choose Veil and Sero over Monero and I'm holding some bags if those two

and what do you think about the future of privacy coins? while privacy coins offer bad people a level of anonymity, the liquidity issues and barrier to entry for buying and selling privacy coins make them impractical for most dark market purchases, what do you think?

I have used veil as an alternative coin for monero and that is a good coin for me. I doubt sero and just because it has already got a big hype that makes the price of sero goes to the moon doesn't mean that was even better than veil. We must try to create a fair comparison. in this case, to make sure if we are seeing based on the technical aspect from those coins.
The future of privacy coins will be very bright as more and more people will aware if privacy is something needed by them all.
That's not even a big surprise to see that the privacy coins are mostly used in the dark market. To make it anonymous and the privacy coins must be used for p2p transactions but when it still relies on the 3rd exchange site and it will not anonym as the people think.
As long as those from the dark market will never try to disrupt the crypto ecosystem and that's their own risk to deal or use the privacy coin for the criminal act.

[Febo]

Privacy coins could be under pressure globally soon, Korean exchanges already thrown away some of them.

Everyoen needs privacy. Even Korean government. I believe they need a lot of privacy since they dont really want  for North Korea government to know what they do.   I am also sure that when you go to toilet in a public place you always close doors behind you. Privacy have good use cases for everyone.

[Partonomy]

I'm here to discuss about new privacy coins, what new coin you have in mind that beats Monero in terms of new features and privacy? I choose Veil and Sero over Monero and I'm holding some bags if those two

and what do you think about the future of privacy coins? while privacy coins offer bad people a level of anonymity, the liquidity issues and barrier to entry for buying and selling privacy coins make them impractical for most dark market purchases, what do you think?

Have you checked out Particl?

Been using there Marketplace and they have a great escrow system making sure people work honestly together. 

Let me know if you have checked them out.