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Topic: Honestly, which is better? Monero or Dash? - page 3. (Read 35946 times)

legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
Although they both offer anonymity, I find Dash to be better lately. Apart for its price.
 They also do have DASH DAO right now which somehow if going to be revolutionary and I like Amanda lol I wonder where they found her.




Dash's anonymity fails to meet end-to-end privacy standards, so offers inferior anonymity to Monero--pretty girls are hardly an argument for due diligence. Offering anonymity and delivering it are two very different things. Even without CT and kovri, Monero offers you the best privacy available--maybe you need less--cool.

DOA

The masses always catch on a day late and a dolla short. AFA XMR it has been so undervalued FOR SO LONG IT'S FINALLY GETTING THE ATTENTION IT DESERVED YEARS AGo

its gets attention yet the price still are not going up still. its what matters as what we users are up to.
it doesn't matter about anonymity/privacy anymore. bitcoin doesn't have that as well. if monero price goes up for maybe about $5, it may attract users but what other features does it have beyond that anonymity/privacy?

It's like saying, "...besides an engine, what does a motorcycle offer over a bicycle?"

Anyways: adaptable block size.
legendary
Activity: 3178
Merit: 1054
Although they both offer anonymity, I find Dash to be better lately. Apart for its price.
 They also do have DASH DAO right now which somehow if going to be revolutionary and I like Amanda lol I wonder where they found her.




Dash's anonymity fails to meet end-to-end privacy standards, so offers inferior anonymity to Monero--pretty girls are hardly an argument for due diligence. Offering anonymity and delivering it are two very different things. Even without CT and kovri, Monero offers you the best privacy available--maybe you need less--cool.

DOA

The masses always catch on a day late and a dolla short. AFA XMR it has been so undervalued FOR SO LONG IT'S FINALLY GETTING THE ATTENTION IT DESERVED YEARS AGo

its gets attention yet the price still are not going up still. its what matters as what we users are up to.
it doesn't matter about anonymity/privacy anymore. bitcoin doesn't have that as well. if monero price goes up for maybe about $5, it may attract users but what other features does it have beyond that anonymity/privacy?
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Although they both offer anonymity, I find Dash to be better lately. Apart for its price.
 They also do have DASH DAO right now which somehow if going to be revolutionary and I like Amanda lol I wonder where they found her.




Dash's anonymity fails to meet end-to-end privacy standards, so offers inferior anonymity to Monero--pretty girls are hardly an argument for due diligence. Offering anonymity and delivering it are two very different things. Even without CT and kovri, Monero offers you the best privacy available--maybe you need less--cool.

DOA

The masses always catch on a day late and a dolla short. AFA XMR it has been so undervalued FOR SO LONG IT'S FINALLY GETTING THE ATTENTION IT DESERVED YEARS AGo
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
Although they both offer anonymity, I find Dash to be better lately. Apart for its price.
 They also do have DASH DAO right now which somehow if going to be revolutionary and I like Amanda lol I wonder where they found her.




Dash's anonymity fails to meet end-to-end privacy standards, so offers inferior anonymity to Monero--pretty girls are hardly an argument for due diligence. Offering anonymity and delivering it are two very different things. Even without CT and kovri, Monero offers you the best privacy available--maybe you need less--cool.

DOA
legendary
Activity: 3178
Merit: 1054
Although they both offer anonymity, I find Dash to be better lately. Apart for its price.
 They also do have DASH DAO right now which somehow if going to be revolutionary and I like Amanda lol I wonder where they found her.


legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Dash is old and busted.

Monero is the new hotness.

Citation:

http://motherboard.vice.com/read/monero-cryptocurrency-dark-net-drug-dealers-hope-more-anonymous-than-bitcoin-alphabay

Quote
Dash, a cryptocurrency that formerly went by the name Darkcoin, received substantial media attention when a few mid-sized markets implemented it in 2014. Two years later, Dash hasn’t been implemented on any online dark net markets worth noting.

If Monero takes off, it just might be the super-anonymous currency that the web’s secretive drug economy has been waiting for.
legendary
Activity: 1638
Merit: 1046
They are both equaly bad cryptocurrencies and scams. Most of the alternative cryptos are scams or worthless dumpcoins. I would not recommend investing in those 2, the only alternative cryptocurrencies I believe in is Litecoin and some others.
How do you know that both are scam. for me those two altcoin is still the best right now but the problem there is the movement of the price is not fast than before..
full member
Activity: 174
Merit: 101
GET TO DA CHOPPA!!!!  
  
But seriously, any of these people are welcome to come support Monero.  We don't have masternodes or built-in profit schemes, but we do offer the most esteemed cryptography in any blockchain coupled with a passionate and welcoming community.  No rivalries will be held over anyone's head - all are welcome in our tent.

Monero has welcomed many new community members over the past few days and will continue to do so.

Welcome to the Monero family
hero member
Activity: 1040
Merit: 538
Defend Bitcoin and its PoW: bitcoincleanup.com
They are both equaly bad cryptocurrencies and scams. Most of the alternative cryptos are scams or worthless dumpcoins. I would not recommend investing in those 2, the only alternative cryptocurrencies I believe in is Litecoin and some others.
sr. member
Activity: 317
Merit: 317
Dash and Monero are great in their own little way no matter what.
hero member
Activity: 687
Merit: 500
hero member
Activity: 770
Merit: 629
This discussion is being held on Monero's StackExchange, because Dash by a wide margin failed to qualify for StackExchange.   Cheesy

http://monero.stackexchange.com/questions/112/how-is-monero-compared-to-dash

Quote from: Alexde
PrivateSend does have a potentially serious flaw.

Each coinjoin requires a server to facilitate the mixing. This requires users to trust that the server is not recording details on where each user's outputs are ending up. Dash attempts to mitigate this risk by using what they call "masternodes". Masternodes are the servers which coordinate PrivateSend. These masternodes require a deposit of 1000 Dash to run. In theory, this collateral prevents someone from creating an arbitrary number of nodes for the purpose of recording coinjoin details.

Does this really mitigate the risk of coinjoin details being recorded, enabling transactions to be traced? Not reliably. The reality is that the majority of masternodes are hosted by a small number of VPS providers. These VPS providers could easily record the transactions being facilitated by any masternode that they host.


In fact, one could say that DASH, using bitcoin technology lacking ring signatures, is like using a commercial VPN for privacy, while monero, using ring signatures, is like using TOR for privacy.  One is using "trusted obfuscation", the other one is using cryptography.

I said it before, DASH is a heroic attempt to do something for which the technology was lacking.  It is a bit like trying to implement non-repudiation signatures with symmetric crypto.

DASH succeeds partially in its goal, in that the DASH block chain is much less transparent for the casual explorer than is the bitcoin chain.  Like in the same way, a VPN service is good enough to get some privacy from big data miners.  But if you want to get more than that, it isn't good enough.  On top of that, DASH can do so only with a huge complexity build on top of it, with masternodes, incentives and all that.  All in all, they succeeded in making something that is probably the best possible way to do so when the actual technology was lacking.


legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
This discussion is being held on Monero's StackExchange, because Dash by a wide margin failed to qualify for StackExchange.   Cheesy

http://monero.stackexchange.com/questions/112/how-is-monero-compared-to-dash

Quote from: Alexde
PrivateSend does have a potentially serious flaw.

Each coinjoin requires a server to facilitate the mixing. This requires users to trust that the server is not recording details on where each user's outputs are ending up. Dash attempts to mitigate this risk by using what they call "masternodes". Masternodes are the servers which coordinate PrivateSend. These masternodes require a deposit of 1000 Dash to run. In theory, this collateral prevents someone from creating an arbitrary number of nodes for the purpose of recording coinjoin details.

Does this really mitigate the risk of coinjoin details being recorded, enabling transactions to be traced? Not reliably. The reality is that the majority of masternodes are hosted by a small number of VPS providers. These VPS providers could easily record the transactions being facilitated by any masternode that they host.
hero member
Activity: 770
Merit: 629
You make some good points but I think you should consider that recent trends in alternate crypto-token systems are animated by the apparent desire to evolve the internet and its application space to a new p2p architecture which, by virtue of its lack of central control, may well help mitigate the intrusive nature of governments.

I would even say that that trend is not new, but what is new, is the hope that technologies are emerging that can make this possible.
But these "dreams" are much older than bitcoin.  Freenet dates from 1999 for instance and I2P dates from 2003.
legendary
Activity: 1316
Merit: 1014
ex uno plures

This is something that leaves me perplexed.  The whole point of crypto is to undo government and governement law, I would think.

When I see posts like this it becomes clear how much many in the crypto currency communities have deviated from Statoshi's original ideal after close to 8 years.

Deviated or evolved ?

You make some good points but I think you should consider that recent trends in alternate crypto-token systems are animated by the apparent desire to evolve the internet and its application space to a new p2p architecture which, by virtue of its lack of central control, may well help mitigate the intrusive nature of governments.
hero member
Activity: 770
Merit: 629
The Dash has strong leader like the Ethereum. The Monero does not have apparent lead like the bitcoin. I am not sure which one is better.

If the strength of a leader is a criterion for using a monetary asset, then you should probably stick with the US dollar and get rid of all your gold...

BTW, a problem with DASH is indeed that it has lost decentralization in order to obtain a form of anonymity, and we see with DASH that we already get a typical effect of centralization: taxes !  The centralization by the Master nodes and the DASH-DAO comes with taxes on mining.  The taxes on mining are probably higher than the fees paid to classical banking, so this centralisation becomes, as is typical and unavoidable, a lucrative affair for the "gouvernors".

sr. member
Activity: 405
Merit: 250
I think that both are good options. Each one has its own features and both offer complete anonymity. Its only a matter of choice.
thats true though in my opinion dash has way more potential at the moment annd it is going to become really huge, im putting my bitcoins into dash

The Dash has strong leader like the Ethereum. The Monero does not have apparent lead like the bitcoin. I am not sure which one is better.
sr. member
Activity: 288
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
I think that both are good options. Each one has its own features and both offer complete anonymity. Its only a matter of choice.
thats true though in my opinion dash has way more potential at the moment annd it is going to become really huge, im putting my bitcoins into dash
hero member
Activity: 770
Merit: 629
When I see posts like this it becomes clear how much many in the crypto currency communities have deviated from Statoshi's original ideal after close to 8 years. A good place to start is to read the introduction to Statoshi's paper. https://bitcoin.org/bitcoin.pdf. The whole point crypto is to provide a digital payment method that behaves the same as cash, and can be used over the Internet.  This is all about cutting out the corporate middlemen and has little to do with Governments.

But (fiat) money and governments are two sides of the same coin if I may say so.  You should read the excellent 5000 years of debt by David Graeber.  If you think that the banking world and the middle men are anything else but a pillar of government, then you are missing the most important point.

By doing what Satoshi proposed, one is cutting the most important leg from government and state.  Because with free payments comes also freedom from fiscal theft, and freedom to trade without the rules that are verifiable by all state machinery to keep economic freedom strictly limited.  
Freedom of money is to state domination, what freedom of speech is to religious domination.  However, and that brings us back to my original point, in order to enjoy freedom of speech in a theocracy, you need anonymity.  In order to enjoy really freedom of economic interaction (with some freedom money like Satoshi intended) you need cash-like anonymity, and Satoshi was lacking the technology to do so.  Bitcoin is not anonymous, because you can trace all expenditures and there are sufficient "real world contact points" to be able to resolve most of the network of transactions.

Quote
It is about making electronic payments to individuals, especially individuals who may be very poor. In person one can use good old cash, but online one is forced to use proprietary payment methods whose primary design objective is to transfer wealth to the wealthiest  0.000001%.

The small fee for the money transfer is negligible compared to the fiscal theft.  Honestly, if you look at the fiscal theft from a rough trade: "I mow your lawn" traded for "you give me a book", with social security contributions, income tax and VAT, you're most of the time far over 50% if you do that all according to the law.  On most raw trades, more than half of it is stolen by the state.  You don't mind adding a few percent to transfer money to the other side of the world if already more than half of it gets stolen by funders of armies, useless state employees, and bank bailouts, right ?

So the REAL freedom in payment is the economic freedom (from fiscal theft), which is implied by the liberty money Satoshi intended to invent.  But for that, anonymity is necessary, and this is technologically lacking in bitcoin.

Quote
The first is that Bitcoin can only be used by a very minuscule proportion of the worlds population. This is of course the 1 MB blocksize limit in the Bitcoin protocol. Dash does not address this at all since 4x minuscule is still minuscule. Monero does because it has an adaptive blocksize limit.

I agree with that, but even monero would have a practical problem with a huge block chain if every payment in the world happened on its chain.  The 1 MB limit is an artificial limit, but the huge chain is an inherent problem of the technology of block chains.  Newer coins seem to work on solutions for that if I understand well.

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The second is that Bitcoin in reality is not fungible and is subject to coin taint and possibly even reversibility of transactions. Furthermore there is no privacy on the Bitcoin blockchain, in particular from the payer. The recent events in Ethereum have demonstrated that a decentralized proof of work blockchain is not enough to prevent reversibility of transactions one also needs anonymity, fungibitly and privacy.

I agree with you.  That is why I say that monero has added the needed technology that bitcoin is lacking, unfortunately.

Quote
Dash addressees anonymity, fungibility and privacy by implementing Coinjoin on a second tier masternode network. There are serious shortcomings with this approach. Mixing on the Dash masternode network can take hours or even days, and has to be completed before a transaction, and then again after a transaction with the change. Furthermore the Dash masternode network is actually very centralized. There are for example over 4x the number of Banks and Credit Unions in the United States alone that there are Dash masternodes. By this token alone the US banking system is actually more decentralized than the Dash network.

I fully agree with you.  That is why Dash is the best possible solution with bitcoin technology, and is in fact not good enough.

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Monero addressees anonymity, fungibility and privacy by using ring signatures. Mixing is seamless and part of the transaction. Sending Monero is essentially the same as sending Bitcoin, with no distinct mixing step.  Furthermore in Monero all transactions are mixed. Monero's approach avoids the need for second tier network with all the centralization and regulatory risks this entails, while at the same time providing a much superior anonymity, fungibility and privacy solution.

Indeed.

Because another important aspect in anonymity is that it should be automatic.  If anonymity is an option, then anybody using it becomes a suspect.

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It is also the area where crypto will face fierce competition from cash and  pre paid value apart from proprietary payment methods. Still it is possible this could be a niche opportunity for Dash.

I think that there is in any case a problem there, and only Lighting-like smart contract solutions can probably solve this issue: by pre-setting up a block chain agreement, and "simultaneously pushing the button" when in person-to-person contact.

legendary
Activity: 2730
Merit: 1288
Ring CT just got PRed to master!

https://github.com/monero-project/bitmonero/pull/961

Bear in mind that, even though the code is finished, it will need thorough review and testing before it will get merged into master.

Great work by MoneroMooo, Shen Noether and everyone else involved!

Anonymity race is definitely lost for DASH.
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