Topic: Anonymity, Security and Privacy: Anonymous Cryptocurrency Enhancement Comparsion - page 7. (Read 3065 times)

Thanks SafeCoins for the useful reference table.
By the way SafeCoins, how do You think about BCN as a long term investment? What is Your opinion about this coin?

#1 - thanks for the table! This is exactly the kind of thing I was looking for.
#2 - You should consider adding block times, TPS and fees as this may be helpful in the future. Two coins with identical privacy features, people will use the one that has faster transaction times, lower fees and supports a larger network.
#3 - what are your thoughts on Cloakcoin vs Spectrecoin as an investment?

DSR might be a good mention. It's got high POS reward. Don't know if they have their own tech, but they call it InstantX and PrivateSend.
Btw, how can I get Blackbytes? I've always wanted a coin with DAG tech and privacy feature.

I was thinking of doing such poll and matrix as you just started, but for all top 40 coins or so + some exceptional which are down 40.

I will drop you and idea how t oget help

After you just started - if you make a nicer presentation for this you already have + add some other valid categories (extending beyond anon conis like allows smart contracts, is part of a more wide platform, allows oding dapps, scability in TPS).

How to make it easy -> afte you just  start I believe if you post to all major coins the communities of them can do a lot of work for you. Maybe jut a few will reject But mostly they have interest to inform well and show all best features they have.

In the end you can make a nice app - where every user can enter wieghts - per each category (for example if someone do not care about anon he pays 0 points there and 90 points into scalability and 10 to dapps).

The result will be a user will see which coins are best for him + also what is best coin for avg user weights.

You know what I mean?

I think if you set up an easy website about it like "coincompare" you can even make profit from this valid infroamtions

Just allow voting after login, not to fake polls/weights.

PS
Regarding quantum - Andreas said quantum proof can be added to BTC if true q-computers will be there. So I still think quantum is not a real need, however it's jus my opinion and all users can decide which weights are most important to show their best coins.

Ye Komodo is the best privacy coin in my opinion because of the jumblr
its a full privacy platform

however there are many interesting privacy coins in the market
hard to compare what is better, because we dont really see the big picture, only what they want us to see...

the advantage of komodo is that it uses 3rd party anonymizer so you dont have to rely only on the code of the blockchain and if it can be exploitable and tracked or not

Not a TOR expert by any means, but as for XSPEC, the clever thing with this coin is that it does not have "interaction" with TOR as it is completely integrated in the TOR network. While transactions of some other TOR-coins will have to leave the TOR network and are thus vulnerable at the exit point, XSPEC transactions NEVER LEAVE the TOR network.

The original comparison table does unfortunatly not make this distinction between coins that fully integrate into TOR, like XSPEC, and those that only use TOR for transportation and thus only interact with TOR.

Full integratino, AFAIK, is a unique feature of XSPEC.

OBSF4 on the otherhand ensures that this can be used globally, even in countries that block TOR, therefore making XSPEC the only TOR based, globally available privacy coin. And just to be clear, OBSF4 is a TOR technology (part of TOR's pluggable transports). XSPEC is the ONLY coin thus far that uses this TOR feature.

Thank you very much BitcionOnFire,

My comments and perspective attached:


A truly anon coin does not yet exist, despite many claims of "100% anonymous".   None truly are, and may never be.  The fact that we live in a real physical world, and not a perfect theoretical one, spurs the need for Tor integration.

However, if a truly anonymous coin did exist, there would theoretically be no way to trust the address.   A third party would be needed for this.  Tor network is a very good fit for this.


True quantum computing, to my understanding, would do much worse than break sha256.  sha256 may not even be the first target.    It has other weaknesses.

https://www.technologyreview.com/s/609408/quantum-computers-pose-imminent-threat-to-bitcoin-security/

https://bitcoinmagazine.com/articles/bitcoin-is-not-quantum-safe-and-how-we-can-fix-1375242150/

sha256 is secure for now but SHA1 has already been broken:   https://bitcointalksearch.org/topic/reward-offered-for-hash-collisions-for-sha1-sha256-ripemd160-and-other-293382

My counterarguement would be...why wait to be hacked when there is better protection out there?  Should cryptocurrency not lead the way with the capital invested?


Agreed, when implementation is equal.    That said, why not have more than one, or all three?  Code is built by humans and has mistakes.   Why not have redundancy?



Agreed.   I thought about doing a poll on this.   My focus right now is being fair and inclusive.   But I think at some point further rating could be helpful.   And not just on the technology, but on the implementation of it.  I will take this suggestion to heart.



Which one would you suggest?   I'm listening.  I certainly appreciate the concern with masternodes.   But most of those concerns are alleviated when you combine with other technologies like ring signatures or zksnarks.  And then you're just left with the advantages, like network strength and speed.   So I think it again comes down to the implementation whether masternodes are a positive or a negative, or neutral?

 

Noted, thank you.   Jumbler and zksnarks are included in the matrix for KMD.    The other points are very valid, imho, and worth consideration to the coin.  I do not currently know where they would fit in this matrix, or whether the scope should go beyond Anonymity (that could be more ambitious than I'd planned).   But I am glad to have those advantages listed in this thread, at very least.

Somewhere some people pointed out:
- tor integration is not really needed / does not give anything over what is there in true anon coin
- quantum resistance need is also exaggerated - I read normal sha256 from BTC should be still good enough, and if quantum computers will get really advanced any blockchain can get additional proof. So it's simply not needed now, and if will be - can be added to any coin.
- mixing itself is 1.0 anon tech, ring signatures 2.0, zk-snarks 3.0

I suggest to add some weights what is really important and what matters more, so here for example I would give 100 points to zk-snarks, 10 for ring signatures, 1 point for mixing in terms of anon tech.

If master nodes are also important - can get points in a different category? or just depending on what you appreciate more.

Regarding anon coin KMD is zk-snarks (Zcash fork) with BONUS = 4 important features:
1) jumbler (part of KDM platform) which is mixing between transparent and zero-knowledge addresses, as zk-snarks give protection only between z-addresses, so if you move to transparent all can be linked (from what I understand) and anonimization between transparent and zero-address is missing in pure Zcash
2) dPOW - secures transaction using BTC blockchain notarization
3) 5% APR which is really unique among anon coins
4) wallet (Agama) can be used in lite mode, meaning - you do not need to download full KMD blockchain. Recently the wallet works really nice and quick in lite mode.

Honesty!

Gotta love it

For the record, I do not hold a position in any of these coins, yet I am extremely interested in them.

I believe this puts me in a unique position to evaluate them as fairly as possible.  I will do so until I become biased, and will disclose accordingly.


BTW, Komodo has some really nice features.

In my opinion, komodo is the best anonymous token because I have it, HHHH
I hope there will be a better increase in komodo next.

Thank you very much for the heads up allcryptominer,

A bit of googling confirms what you've suggested, it is a ZCL fork (and, thus, a Zcash fork).  I can't find anything more about improved features either.

I have added this in the ZCL description for now.

Thank you slb, I have removed this as suggested (will publish in about 10 min).    Curious, why was this done?   Something to do with the Parity wallet situation?

Thank you 2dogs!   I had included byteball, but I called it "blackbytes", which maybe is a bit confusing.   Good suggestion.

To keep consistency with other private token solution, I've renamed that row to "Byteball" and put "blackbytes" in the description.

Keep me updated for sure, thank you!  I will add POS as a roadmap feature.   It really would be great to have privacy features behind the wall QRL is building, seems like a great fit, so I'll leave it on for now and see how things shake out...  good luck with the launch 

Thank you JWKY,

I had a look at both, and although interesting, neither appears to have privacy or anonymity enhancements that I can see.  If I am wrong or things change, please keep me updated and I'll do the same

Really interesting article!!! Thank you for the comparison. I might take a stab at XSPEC and ZCL, both with really low market caps for the potential they have!!

ZCL is pretty much Zcash with 10x less market cap.... becoming bitcoin hardfork as bitcoin private, giving you free coins.

Xspec with amazing tech, low market cap, just hope the devs can deliever on their tech!!

You're going a great job on this matrix. It's completely fair to list these items as roadmap features and I'll update you when we actually launch in February. PoS is also on the roadmap but not slated until the end of year. As it stands, other than secure messaging, we don't aim to be an anonymous coin - so that might be a deciding factor on whether QRL is on the list at all, it's your call.

Thank you very much TSVHoff, we're getting there!

A couple clarifications to the best of my knowledge:

OBFS4 is not something created by Spectrecoin, rather it is a TOR network creation:  https://godoc.org/git.torproject.org/pluggable-transports/obfs4.git/transports/obfs4

    It is a TOR obfusciation protocol, part of TOR's pluggable transports, and is likely a desireable integration for any TOR-focused coin.
  
    Spectrecoin just appears to be the first to integrate with it.   I suspect others will follow, and no attempt was made to highlight "special XSPEC tech".


Masternodes:   These are not necessarily evil.   They have well known strengths and weaknesses.
               A proper implementation of masternodes will leverage the strengths and mitigate for their weaknesses.   It must be done well or not at all, IMHO.


Back to Enigma:   I will admit, I am not overly familiar, but after a quick read of the whitepaper I get as quoted below.  Which, to me, sounds very similar to masternodes.   If I am mistaken, by all means I would love to be corrected.  The categorization is not meant to slander nor pump Cloakcoin, it is just an attempt to describe what it does.   Which I am very happy to improve upon (while keeping the comparison chart as simple as possible).

P.S...I have changed the "enhancement" to show that open source code has been released, thank you!  Someone needs to tell google lol.

thank you

https://www.cloakcoin.com/resources/CloakCoin_ENIGMA_Whitepaper_v1.0.pdf
    

There's also a new crypto in the making BTCP - Bitcoin Private. Haven't studied the features more then it is a hard fork of BTC and ZCL. Would be great if you could list it in the list with its fetures as well. Or maybe it dosen't bring any new tech just a bitcoin with zk-snarks.

By the way, great job and initiative with the comparison.