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Author Topic: Real Anonymous Coins Are Free from Restrictions  (Read 477 times)
Kimberlyfraser (OP)
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February 24, 2020, 01:36:47 AM
 #1

Since the second half of 2019, numerous anonymous coins were delisted by crypto exchanges and prices have plummeted. Zcash once drop by more than 50%. The reason why anonymous coins are removed from the shelves is that financial offences such as money laundering cannot be prevented since it is difficult to trace specific transaction records. These anonymous coins have reached the current state of decline, mainly because they have single function of trading and most of their transactions rely on centralized exchanges. Once trading is restricted, anonymous coins are bound to be hampered by centralized institutions.

Real anonymous coins should be free disoriented from centralized exchanges. Anonymous coins are born to protect privacy. However, most of the registration and transactions of exchanges require verification of personal identity info, which are contradictory in nature. VDS, on the other hand, gets rid of the current predicament of anonymous coins. In addition to a variety of application scenarios, VDS also comes with a decentralized OTC function to break away from the centralized limitations and truly realizes decentralization.

VDS adopts zero-knowledge proof to make anonymous transactions, it is the most complete and thorough way to remain anonymous without leaving any records. Moreover, there’re plenty of application scenarios for Vollar, the only circulating medium in VDS, such as running smart contracts, creating VID-the unique identification in VDS ecology, building super master nodes, etc., so that Vollar could effectively play its role in circulating.

The biggest difference from other anonymous coins is that VDS has its own decentralized OTC function that free from the limitations of centralized exchanges. VDS’s OTC function is implemented on a distributed anonymous network composed of super master nodes with hidden IPs. Super master nodes are only responsible for data operation and information transmission, not storing data. Each piece of information will be broken into fragments and each fragment is encrypted in different method and transmitted through various nodes. It only cost a certain amount of Vollar to create a VID, no personal identifiable information is required. The entire network is designed to be completely decentralized and anonymous to eliminate the obstacles from centralized exchanges such as institution intervention and restrictions on docking legal notes for its on-built OTC function. You can trade Vollar freely in OTC for any fiat currency, security, or even other cryptocurrency, making global currencies easily convertible. VDS’s design of high-level freedom has brought upon a large, distributed and anonymous OTC market.

Apart from the OTC function, VDS’s anonymous network also enables us to have secret chat. The distributed “fragmented information transmission” guarantees privacy and makes it impossible for any third party to obtain chatting content, so that everyone is blessed with real freedom in speech. Here you don’t have to worry about your sentences being monitored by the relevant departments. In this network, everyone is equal, feel free to express your thoughts and ideas.

VDS also carries out the development of smart contracts. A lot more people now have access to present creativity, thus bringing more possibilities for the development of Vollar’s application scenarios, adding scalability to the VDS ecosystem as well as limitless potential. VDS makes full use of the advantages of decentralized system, and offers us a free, private and fair ecology, which is also the original intention of blockchain and anonymous coins. To protect privacy is to protect freedom. In the ecosystem of VDS, everyone’s privacy is well-protected, your asset privacy, chatting privacy, personal information privacy, etc. are all taken care of. In this way, we can truly achieve freedom of wealth, freedom of speech, and even freedom of thought.
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February 26, 2020, 06:20:08 AM
 #2

Monero is routinely seen as the gold standard of the privacy niche, and for good reason. It’s the longest running of the major contenders, boasts the largest market cap, and has successfully protected XMR transactions from unwanted eyes for years.
But that hasn’t stopped Monero users from being identified and reprimanded, over and over again.
While other privacy coin fail, VDS might be the ultimate solution..
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February 26, 2020, 07:11:10 AM
 #3

I don't know about VDS, maybe I will look into it, seriously I opted to other privacy coins from Monero because they offer better security features, I choose veil and Apollo over Monero, I will definitely look into VDS now maybe if good enough I can add to my portfolio

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February 26, 2020, 07:17:22 AM
 #4

Many new privacy coins are crap, they offer new features that the teams aren't ready to back up, that veil coin promised a stealth function, sending coin from a stealth address to another but that feature doesn't work till date and team aren't saying anything about it, another one is mask coin, failed in the end

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February 26, 2020, 07:53:42 AM
 #5

Last time I checked few privacy coins are getting delisted from exchanges since then I sold my XMR, I think there will be problem with this privacy coins in the future because it's certain that many will be against them and only criminals will embrace privacy coins
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February 26, 2020, 08:50:38 AM
 #6

Government are the first threat to privacy coin's life and if any exchange are regulated they can easily delist privacy coins but this might even make privacy coins more interesting, I'm not ready to wait around and see what they will become in future without investing some affordable cash
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February 26, 2020, 11:36:16 AM
 #7

Firstly, i think the OP didnt understand that there are semi-centralized and totally centralized exchange site and the last time i checked  none of the anonymous coins are listed on centralized exchange site. With that been said, the reason why most of the anonymous coins experienced decline in price is because of the governments against anonymous coins and i dont see any reason now why previous Anonymous coins or tbe mentioned by the OP will be free from restrictions..

Note : Ignore the hype OP crypto investors are no longer stupid.

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February 26, 2020, 11:44:07 AM
 #8

Not all crypto exchange will be able to delist Monero and other privacy coins, even on few exchanges Monero has the best trading volume and liquidity, delisting won't do any good to such exchange, the hate for privacy coin from government will make privacy coin better, let's wait and see what happens in future

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February 26, 2020, 11:54:14 AM
 #9

this is indeed interesting, freedom of data, wealth, chat and all our information. but behind it all, isn't this actually a danger when this anonymous is actually used for crime, such as cases of hacking that might occur. and because this is all anonymous, tracking is not possible. but if this anonymous can actually increase security, surely many will use this coin.
Kimberlyfraser (OP)
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February 27, 2020, 01:47:38 AM
 #10

Many new privacy coins are crap, they offer new features that the teams aren't ready to back up, that veil coin promised a stealth function, sending coin from a stealth address to another but that feature doesn't work till date and team aren't saying anything about it, another one is mask coin, failed in the end
Yes, many privacy coins fail, but as far as I know, this VDS coin keeps improving itself, I see their dev team keep posting updates and release new versions both for the PC-end and mobile App.
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February 27, 2020, 02:13:19 AM
 #11

Many new privacy coins are crap, they offer new features that the teams aren't ready to back up, that veil coin promised a stealth function, sending coin from a stealth address to another but that feature doesn't work till date and team aren't saying anything about it, another one is mask coin, failed in the end

This is why some exchanges are delisting those privacy coins since they arent the types that centralized market will love to. In exxeption with the monero which is the most sophisticated and I believe the good one amongst the rest. Its up to you to interpret how this projects will roll. But I dont have much hate with them as their object is pretty simple and nurturing the true decentralized.

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February 27, 2020, 08:13:28 AM
 #12

There needs to be a truly decentralized exchange for all of these coins to exchange hands, at least at that level, you can still use bitcoin to go into fiat if you want or come into crypto using fiat to bitcoin but when it comes to doing stuff with your privacy coins you should be able to.

However at where do we really draw the line, it is great to not want your government to know you have money, it is even understandable that you may not want to pay taxes because lets be real we are not in Norway and my taxes are going into some politicians pocket but when we are talking about too much privacy that you can actually buy a nuke (okay maybe too much but you get the idea) and not get caught, that is kind of too much privacy don't you think? We can't have just a bit of privacy I know that but we need to draw a line as well.

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February 27, 2020, 08:20:34 AM
 #13

Many new privacy coins are crap, they offer new features that the teams aren't ready to back up, that veil coin promised a stealth function, sending coin from a stealth address to another but that feature doesn't work till date and team aren't saying anything about it, another one is mask coin, failed in the end

This is why some exchanges are delisting those privacy coins since they arent the types that centralized market will love to. In exxeption with the monero which is the most sophisticated and I believe the good one amongst the rest. Its up to you to interpret how this projects will roll. But I dont have much hate with them as their object is pretty simple and nurturing the true decentralized.
In this case the problem is anonymous coin will never be free from the regulation. The problem is to get the users and this anonymous coin will always need the help from centralized exchange site. The majority of centralized exchange site that comply with the regulation will always give responsibility to the users to complete the verification. Anonymous feature can be used only for people to people transaction only.



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February 27, 2020, 09:48:18 AM
 #14

I'm wondering what would have happened now if top exchanges are DEX, privacy coins feels perfect for DEXs instead of centralized exchanges, on decentralized exchanges who cares which coin is or what?

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February 28, 2020, 03:04:59 AM
 #15

I don't know about VDS, maybe I will look into it, seriously I opted to other privacy coins from Monero because they offer better security features, I choose veil and Apollo over Monero, I will definitely look into VDS now maybe if good enough I can add to my portfolio
Official Deep Website of VDS: VDSXXMXPSSSZD.ONION, use Tor:)
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February 29, 2020, 07:39:35 AM
 #16

Last time I checked few privacy coins are getting delisted from exchanges since then I sold my XMR, I think there will be problem with this privacy coins in the future because it's certain that many will be against them and only criminals will embrace privacy coins
BTC, some people still use it to do bad things, people who have privacy coins do not necessarily participate in doing bad things.
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February 29, 2020, 05:56:35 PM
 #17

Monero has always been a different one, it is bitcoin of privacy coins and I doubt it would ever be broken. The team also has been trying really hard to keep it asic resistance as well. So, they are both the best but also getting the most attention as well and funding too which means they have more funding and more power to fight everything bad as well.

If you give that much funding and that well team behind any coin that coin will go up, not just monero or privacy or even bitcoin, if you give this much funding time and great team to ANY coin ever, they will go up as well. So, I would say stay with monero if you can, no need to dilute the investments to other ones.

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March 01, 2020, 02:31:22 AM
 #18

Coins may be free but delisting from exchanges mau hurt them
Anonymous coins are bound to be hampered by centralized institutions if they rely on exchanges to make transactions.
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March 01, 2020, 02:36:40 AM
 #19

Most of the coins are free from restrictions but the users themselves give up their anonymity while trading the coin in or out from fiat currency. This is the point where the government can really track users. If we are able to create a self sustaining market around privacy focused coins, there's no stopping it. Though real estates and large physical goods won't remain out of government radar.



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Rainbot
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March 01, 2020, 10:52:21 AM
 #20

If privacy coins can be sell off without the involvement of any centralized organization or platforms then it will remain anonymous, I think that's one fine use case that all anonymous coins don't have presently

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