Is dash really an anonymous coin? I know we have option to select for transaction but I saw many threads here in this forum and reddit claiming that dash isn't as private as it is. I don't know it's real or not but the dash is moreover a centralised Premined coin. So that fact may be true.
But I think Monero is the only true privacy coin because of its ring signature features.
The Monero developers have been quite aggressive in trying out cryptographic technology. That has led to a rollercoaster ride so far. It is one of the best anonymous coins, but the question is how far can anonymous coins go?
I think as soon as Verge has implemented Wraith Protocol, it will take over and become the best anon coin.
Anonymity will be incorporated into a major decentralized ledger.
There will only be a few altcoins remaining at the end game which aggregate all the features of the others.
The winner will have massive adoption and all the rest will fall away.
We are still in the Dot.com speculative, wild west proliferation phase right now. When that busts, then we will have a shitcoin cleanout phase and only the strong altcoins with real adoption will survive.
Onion routing is not reliably anonymous. Last time I checked, Verge was based on onion routing. Study the threat vectors. In fact the only technology that seems to have the potential to be reliably anonymous is the family of technologies being developed for Zcash. I say that as an expert and as the author of the blog linked to from the OP of this thread.
The rest of the obfuscated copycoin shit is going to eventually fall away, although in the meantime their shills can fool some of the technologically ignorant speculators for the time being.
Monero is the most widely used anonymity technology blockchain and that is very unlikely to change in the near-term (Zcash’s technology is too slow and needs improved use case marketing & engineering). Anyone using Dash for anonymity is ignorant about anonymity technology.
My blog was not intended to say that Monero is going to collapse. It was to point out an inherent flaw as compared to Zcash’s technology and to talk about what that means for the future in terms of which sort of anonymity technology we are likely to have at the end game.
One thing I learned from his reaction and his banning and censorship, is that @fluffypony is not the sort of person I would ever work with or hire on my team. He should have embraced my efforts and also embraced my refutations about his mistakes in the analysis of ASIC resistant proof-of-work. Instead he bans me from Github and write lies on Twitter.
This sort of petty partisanship is why I think Monero is not a professional outfit and why I do not think they can succeed in a large-scale way.
To succeed at the large scale requires humility, objectivity, and openness.
Their feeling is that I sensationalized my blog in order to draw attention to my expertise. They probably feel I am doing marketing at their expense. Nevertheless I put a lot of effort into that blog, research, etc.. and yes I do want to be appropriately recognized for my efforts. And we all know that Monerotards enjoyed trolling my reputation and insulting me. The problem always was that Monero tried to claim they had the only and best open source superstar team. They opted to act snobbishly. They were trying to position themselves as being the only significantly talented dev group other than Core. They were aiming to be taken seriously as the challenger to Bitcoin. But the facts did not match the size of their enlarged egos. We should have instead opted for a win-win, instead of a win-lose paradigm/attitude:
Ian Grigg provides
another perspective on the distinction between permissioned and permissionless. His Constitution without walls is my decentralized ledger design, except he has a mistake. He wants to do it with voting, elections, delegates, but that is known to fail to be fair due to the Iron Law of Political Economics and the power vacuum. However, my solution is algorithmic and deals with this more effectively I think. To the extent that the Constitution is algorithmically objective then no forks are created.
What we needed was a way that many devs could be financed and work in the ecosystem. So then ICOs came along and basically relegated Monero’s former arrogance to the trashbin of history. But ICOs also have a problem in that they are likely illegal and blowback is probably coming.
What we really need is a legal way to finance many development groups. That is what I am working on! Unlike Monerotards, I know I can not be the best at everything. I have to help others be the best at what they do.
