Topic: Anonymity, Security and Privacy: Anonymous Cryptocurrency Enhancement Comparsion - page 9. (Read 2974 times)

Hey guys!

What do you think about XSH?

https://bitcointalk.org/index.php?topic=2234453.2220

U forgot Sumokoin

Tokenpay has now been added.   Additional updates have also been made to the rest of the matrix.  While far from perfect I would consider it useable with a meaningful amount of time and effort put into it at this point.

Additional feedback/suggestions/constructive criticisms are appreciated!

Thank you as well, I hope it helps and I'll keep it maintained and as unbiased as I can!

I'll research Komodo a little more.   What features about Komodo interest you the most?

Thank you for the tokenpay suggestion, I will add it, I need to learn a little bit more about it...so it claims to have zero knowledge proof (what kind?), has ring signatures, multi-signature transactions, "dual key stealth addresses", some degree of Tor integration, and "SCI"...Secure Communication Integration?  Am I missing anything?

The government both drives the needs for anonymous coins, and threatens them.    It's tricky, because there's many governments involved.   In some cases private or anonymous coins are a necessity, in other cases they have inherent risks.   For the moment, the trend is definitely an increase in privacy features and I suspect this will grow.

Thanks again

Thank you OP for creating this comparison. I've been looking for something like this to compare the privacy coins. Komodo seems very interesting.

XMR might be in danger if this new coins would make it on the top light,seems xspec is growing fast as ever.

But in this list, I didn't find tokenpay, which may be a good contender, but I'm worried about whether the future of anonymous tokens will be suppressed by the government.

Thanks rehydrogenated,

I have to agree with you, I think what we see is what are very early stages of the evolution (even though attempts have been made for 7 years now).

2018 will be very interesting for private/anonymous coins.  I intend to keep this updated and improve on it, so please let me know if you have suggestions/feedback/corrections.

Happy New Years!

Wow what a great report! The chart is extremely helpful. My guess is that in the future the best of these tokens/coins will evolve and add more of the characteristics of the others. But right now it looks like an all out brawl for "the most anonymous".

You put a lot of good work into keeping this article short, but incredibly useful.

That is a valid concern, but first of all, this isn't just a coin comparison.  It is a comparison of features and enhancements.  Some of which, for all we know, may be implemented in bitcoin itself one day.   In addition, I would make the counter-argument and ask if there are perhaps too many coins which aren't private?

A quick example, we were just discussing OBFS4.   This was developed for use in some countries, such as China, which will monitor the use of bitcoin and other cryptocurrencies, and have in many ways already started to ban it:   https://www.forbes.com/sites/kenrapoza/2017/11/02/cryptocurrency-exchanges-officially-dead-in-china/#292786fe2a83

So...China's pretty big.

Russia's not far behind.   https://cointelegraph.com/news/putin-condemns-bitcoin-calls-for-russian-ban-of-digital-currencies

Russia's pretty big too.

Do you think we will ever hear about offenders in those countries that rubbed their government the wrong way?  Of course not, we will never hear from them and neither will anyone else, ever.

Here's another 6 countries that have banned it:   https://www.fool.com/investing/2017/12/03/6-countries-where-bitcoin-is-banned.aspx


And in North America?   There are possibly worse things than bans....there are taxes, and other ways you can be persecuted.   Have you used coinbase?   This IRS already knows you have.  I'm not saying taxes are bad, but the monitoring part is.  I would expect basically half the people on this forum will get audited.   https://www.theverge.com/2017/11/29/16717416/us-coinbase-irs-records


Also, please note that I have drawn a distinction between anonymity and privacy.   When you buy a pizza, does everyone in the world have a right to know you bought that pizza?  Is that necessary?   There are privacy considerations as well.


Anyway, I can understand the concern and I understand why the public ledger is so appealing.  But there is definitely another side to it, to say the very least.

Does no one consider that there are too many coins focused on privacy/anonymity.  The market for these coins are limited, and those likely to be interested are already involved.  The majority of the public just aren't concerned very much, else Facebook et al wouldn't be multi-billion $ companies.  Whatever short term gains they have, the long term prospects are probably going to be below average for all but the top few.  

Thanks cryptohunter

What features do you see in PIVX or Komodo that would lean you toward them?

Thanks!  I appreciate it, hoping we can all learn.   What are your thoughts on the heavyweights?

Thank you very much cryptomngr.   While I need to interject and suggest that 100% anonymity does not exist and may never exist, OBFS4 does seem like an excellent feature especially in countries where TOR is or may be banned/monitored.

Here is a good article on it:   https://www.maikel.pro/blog/progress-in-censorship-circumvention-tor-and-pluggable-transports-an-overview/

To my understanding, and please correct me if I'm wrong, here is my basic understanding of OBFS4:

What it does do:   It prevents detection (by monitoring ISPs or governments) of the TOR network (through obfusciation).
                           For a coin such a XSPEC, this would be a major feature as XSPEC relies on the TOR network for anonymity.  For other coins, possibly not as crucial.

What it doesn't do:   It doesn't do anything to make the actual blockchain, or transactions, more anonymous, to my knowledge (?).   It is a peripheral protection.


What I'm not sure about: I'm not sure if it hides the wallet itself from monitoring, or if it just hides the wallet's interaction with the TOR network.  In otherwords, is it just hiding TOR, or hiding other components of the crypto too?  Not sure, but I'm assuming just TOR?

Great post,XSPEC is my bet ived research a lot on how it works and its advantages to its predecessors,i bought 5btc worth of it for the long hold.

This is going to be an extremely interesting thread. I've only used Monero or Dash so I don't have a lot of knowledge here and want to see how this plays out.

Probably the OBFS4 is XSPEC's advantage it gives 100% anonimity than any of other privacy coins.

That is one of the reasons I'm doing the comparison, for sure.

That said, you are looking at the beta version of this comparison chart and I am sure a lot of these coins have more features than listed.   Without a doubt I'm looking forward to others pointing out additional features, and I'll be updating it accordingly.

No question about it, no one coin currently has all the features.

pivx and komodo are the ones i'd go for