Topic: Best Private Coin? - page 4. (Read 2433 times)

The problem isn't KYC/AML for coins, but that exchanges and governments can perform chain analysis on SOME coins.

Also, IP masking is trivial to add to any coin, so not sure why that is a selling point. Onchain anonymity is the hard part and that's where the majority of coins that have privacy claims fail.

The exact scenario that I'm talking about is I depostit my funds on an exchange, they scan the blockchain and see that a private tx happaned and report it to a regulatory agency and hold the funds. With Monero every XMR is indistingishable from another Monero, so there isn't this problem. Even if Spectre coin is anonymous, which I highly doubt, they failed to make every coin indistinguishable from the next, which means anyone can single out a private tx as supicious.

I'm guessing the vast majority of tx are not private, so you have a reduced anonymity set anyways, so a timing attack to reveal identity is more likely.

As long as you fail at fungibility, you will have residual effects on privacy. Unless of course you are discussing quantum money, which doesn't exist yet.

I have been taking a long look into Decred as of recent, it might be a coin that can be a huge competitor of Monero and Zcash.

i'm biased as i hold a lot of deeponion. i like privacy coins as i see their future as very bright. now lets try to put some truth to some of these statements.

a false airdrop? does it really matter how it's named? airdrop,bounty campaighn,signature campaign. it matters not. the fact is that the premined coins are there in the wallets for all to see. thay are given freely without asking for financial investment.
the devs are reaching their goals as promised and have taken on more devs to speed up development. the planned feautres will make it as good as any privacy coin out there but wqe have a great community which will drive us forward. it's a no brainer.
deeponion will not amount to anything? really? and you know this do you? didn't they say that about bitcoin? don't they say that about every coin that comes out? of cpourse they do. and what do we all do when the coin takes off? we cry about not getting in early.
these are all truths. why not get in early and collect some? you know,just in case it does take off.

to just dismiss it with all the growth it has done since day 1 and the massive community it has behind it is very foolhardy. and i consider myself a bit educated in all things crypto.
 it's your choice.

disclaimer: i am not against any other privacy coin, i like privacy coins.

The problem (a well known one) with running optional privacy is that you create taint and later when you think your coins are safe on an exchange, the exchange can cite KYC/AML concerns and hold your coins--not the good hodl. TBH, I've never looked deeply at spectrecoin, but this problem is so obvious, I don't need to, but if do, I'm sure I'll find worse. Still not sure how you have staking with privacy, so that might be interesting to investigate....

Monero is the most coin i see that many people wants to hold, I'm thinking now to buy monero and hold it. I also watch the video of monero in you tube and i think its a good if i hold it.

Spectrecoin has two type of addresses: not-anonymous and anonymous(stealth). In the "richlist" and "largest wallets" you can see only not-anonymous addresses, who doesn't want to hide money. But you can't see any anonymous(stealth) addresses, tell me how much money is in this my stealth address? You can't, but you can send me money to this address.
smYoRN5Kna3jo3eeAnrqoDECzG59WDajtsNZHMGZEaA9sxEYwtQDZUnGBCKM5BmXBVU4K6vKH7b6s4X oNiV7yJB8vDkhzq6HjsfMbp

Exchange BISQ will work with anonymous(stealth) addresses by default.

This was easy one. Spectrecoin XSPEC hands down. This coin will rocket soon. Remember who told you this and see u at the lambo store next year.

Among the private coin i like monero the most, simply because it's the most developed and already has a huge community behind it and the price keep growing. There's some new privacy coin like spectrecoin but it's still new.

https://chainz.cryptoid.info/xspec/ Check out "richlist" and "largest wallets" to see why its privacy claims are BS.

Belief isn't going to stop someone from using the blockchain to analyze how many coins you have--that's not how technology works.

I completely agree with you!
I believe in Spectrecoin XSPEC

cloakcoin just hit new ATH the past hour, open source after audit is done, lots of room for growth still get in while you can.

Yep, agree with that one. If you can trade coins anonymously and the coin itself has privacy features then i would have to say it is definitely worth investing in - especially when it is only trading at $2, look at the value of Monero!

But if it is not traded is not really liquid and that is a must.

According to me the best coin from your list is Monero, as i have seen in a list.
cant tell much difference than their rates.

If we talk about the best private coin at this time, then it is Monero (privacy addresses & ring-sig).
The best private coin should have Privacy Addresses and Ring-sig/Mixing such coins as: Monero, Bytecoin, ZCash, Spectrecoin.

But if we talk about the best private coin in half a year, then if Spectrecoin will be integrated with BISQ (anonymous decentralized exchange) then Spectrecoin will have end-to-end privacy using privacy addresses & ring-sig. No one will know from whom I bought this coin, when I bought it and sold, and how much I have them on an anonymous stealth addresses.

One of the biggest markets is China. It follows the path of strict regulation of crypto currency and has a China's state-firewall that will block everything that is forbidden: Tor, anonymous coins (if it will be blocked), ... So no one coin will can be used in China with the exception of those coins that have: Tor + Obfuscator. China's state-firewall can't block only Spectrecoin that has both Tor + Obfuscator.
DeepOnion and Verge has Tor, but hasn't Obfuscator. Yes, you can install Tor and ObfsProxy by yourself, but at one point forget to start them and betray yourself. Only Spectrocoin does this automatically by default.

So if we are talking about a better investment, then the most promising coin, with the smallest market capitalization - is spectrecoin.

Monero is pretty established already and will be the leader for quite a long time.

There was no exploit. You linked an article to misinformation. Why?

You don't understand how cryptocurrencies achieve privacy--my point.

I basically pointed out the article was wrong in its assumptions and that you invalidated your authority on the subject by posting the article/end-of-story.

I agree, very good!
XSPEC is my choice because it is a complex system of anonymity with an individual approach to each stage of interaction !!!

Here is an article about the fact that a very profitable investment project - https://globalcoinreport.com/heres-why-now-might-be-a-good-time-to-pick-up-some-spectrecoin-xpsec/  


Here is a comparison with other projects and much more! - http://coinwiki.info/en/SpectreCoin
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I believe that the future for anonymous projects!
https://www.financemagnates.com/cryptocurrency/can-see-id-eu-rules-anonymous-transactions/  
www.telegraph.co.uk/technology/2017/12/18/eu-considers-launching-database-bitcoin-owners-crack-criminals/  
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I posted an article and stated that SUPPOSEDLY Monero has had to deal with exploits as well.

This is a true statement.

I also stated that exploits do not matter, it's how quickly they are recovered that matters.

Also a true statement.


Where was the mistake in this?  That I posted an article?  I drew no assumptions as to whether or not it was correct in its conclusion.  That's is why I specifically said "supposedly."  If you look at your reply (that could had simply said that the supposed exploit was found to be false) you went on your condescending comic book guy rant imposing some sort of ill intention on my post that was not intended.  I've just dragged you out this far because you're easy troll bait and it was clear from your response that you would be.