Topic: Best anonymous transactions for a cryptocurrency? - page 2. (Read 2878 times)
cloak ?
Well you cannot add z-snarks to your existing blockchain so cross that off and SDC has taken the cryptonote based (which Monero is) ring sigs and put it in their bitcoin based code so really there is only one answer to your question. But there is much more to monero tech than just the ring sigs so you have alot of reading to do.
IOW, your asking the wrong question.
IOW, your asking the wrong question.
All good information. Keep the info coming. Thanks everyone!
The thing is, you can get the most anonymous technology you want, but at the end of the day, if there is not a lot of people using the coin, you are not going to be as safe as using bitcoin + mixers. You need a lot of people to blend in with the masses, you also need as many nodes as possible. This is a problem with Monero, only 500 nodes now, and the blockchain has not even begun to grow yet...
That will change soon with the next update of the Monero GUI which will mine in the background. Default is on can be turned off of course but when that happens everyone who leaves their monerod on all the time will help decentralize the network.
The thing is, you can get the most anonymous technology you want, but at the end of the day, if there is not a lot of people using the coin, you are not going to be as safe as using bitcoin + mixers. You need a lot of people to blend in with the masses, you also need as many nodes as possible. This is a problem with Monero, only 500 nodes now, and the blockchain has not even begun to grow yet...
There will be a lot of you already competing on such market like NAV and Cloak apart from what is mentioned. None of them somehow have their own marketplace where only their coin can be used, you will probably get demands if you include this marketplace in your roadmap. A marketplace where goods are being sold.
Yes Cloakers are waiting for new release, new wallet and many improvements in their anonymous transaction system called ENIGMA. Also you can earn if your wallet is open and if your coins are used by ENIGMA system. You can find out more on their topic. This system working very well and they have most chances to find themselves in company of Dash and Monero.
There will be a lot of you already competing on such market like NAV and Cloak apart from what is mentioned. None of them somehow have their own marketplace where only their coin can be used, you will probably get demands if you include this marketplace in your roadmap. A marketplace where goods are being sold.
I didn't know Dash had a private send ability. Thanks for the heads up!
what is youre thread
youre explain about total suply coin, halving and more
but youre threadn not write youre name youre coin
you can share youre annoucment thread youre coin
youre explain about total suply coin, halving and more
but youre threadn not write youre name youre coin
you can share youre annoucment thread youre coin
Good point. Here is our normal thread: https://bitcointalksearch.org/topic/ann-terracoin-trc-est-2012-1364146
what is youre thread
youre explain about total suply coin, halving and more
but youre threadn not write youre name youre coin
you can share youre annoucment thread youre coin
youre explain about total suply coin, halving and more
but youre threadn not write youre name youre coin
you can share youre annoucment thread youre coin
We are thinking about adding anonymous transactions to Terracoin and we were wondering about the pros and cons of the options.
I currently know of three coins with anonymous transactions, Monero, Shadawcash and Zcash.
We want to stick somewhat close to our current coin specs:
BTC Code 12.1 (We would like to upgrade to .13.2 when we add anonymous transactions)
SHA-256 Algorithm
42 Million coins
Reward Halving @ 1050000 blocks
20 TRC per block
Merged Mining
Dark Gravity Wave Difficult Recalculation
Each block is generated approximately every 2 minutes
Any feedback would be great. Thanks!
I currently know of three coins with anonymous transactions, Monero, Shadawcash and Zcash.
We want to stick somewhat close to our current coin specs:
BTC Code 12.1 (We would like to upgrade to .13.2 when we add anonymous transactions)
SHA-256 Algorithm
42 Million coins
Reward Halving @ 1050000 blocks
20 TRC per block
Merged Mining
Dark Gravity Wave Difficult Recalculation
Each block is generated approximately every 2 minutes
Any feedback would be great. Thanks!
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