The Trusted Setup of Zcash completely negates any positive argument in favor of Zcash. Everything comes back to having to trust a group of devs. This is counter to crypto, where the only thing you should have to trust is math.
https://blog.okturtles.com/2016/03/the-zcash-catch/
http://weuse.cash/2016/06/09/btc-xmr-zcash/
Topic: Monero, Dash, or Zcash? Let's argue about it. - page 2. (Read 13132 times)
Why do you say optional anonymity is a problem? Monero also has optional anonymity via the view key.
This is not what I mean. The feature that makes anonymous should be the thing that is always used, so that there is no "suspicion" when it is used. The goal of anonymity is to "melt into the crowd and to be indistinguishable for Joe Sixpack". It is like an envelope for snail mail. Everybody uses a closed envelope. There's no suspicion that you want to be anonymous when you use a closed envelope. If all letters would be sent in an open envelope, except those that wanted to keep private, they would stand out.
Another illustration (negative this time), is if you want to be anonymous on the street. You can put a bag on your head, but you stand out. As almost all people show their faces, so if you put a bag over your head, you stand out. Ok, people cannot see who you are, but they can see that you are a guy wanting to hide his face.
You can say it differently: if you are the *only* person using a service that wants to be anonymous, that should still work. You shouldn't depend on *how many other people* want to be anonymous to get that anonymity without standing out.
For instance, if it became a habit to publish your viewkey systematically on a public web site when you do a monero transaction, then this principle would be harmed in monero too, because those few times that you would like to be anonymous, and not publish your view key, you'd stand out again. But this is not what happens with the view key. The view key is usually only used in a very restrained circle if you want to prove something to someone ; not publicly.
Very well put, it amazes me that this needs to be explained ad nauseum.
I see your point. Applying this same principle then we could say anyone opting for optional anonymity by using monero or zcash instead of bitcoin is looking suspicious.
Zcash has two different types of addresses, transparent "T" addresses or anonymous "Z" addresses.
For example, if someone sends 1000 ZEC from a T address to a Z address, then from an outside observer's perspective, it just looks like 1000 ZEC was transferred from T address to Z address pool. They can't see any specific Z addresses, their balances, or their transactions.
A large % of people who opt to use ZEC instead of BTC will also opt to use the Z addresses instead of the T addresses. If Bob requests that someone send funds to his Z or T ZEC address, then it won't look any more suspicious than if he requests someone send funds to his XMR address.
100% fungability is the only solution for freedom.
Why do you say optional anonymity is a problem? Monero also has optional anonymity via the view key.
This is not what I mean. The feature that makes anonymous should be the thing that is always used, so that there is no "suspicion" when it is used. The goal of anonymity is to "melt into the crowd and to be indistinguishable for Joe Sixpack". It is like an envelope for snail mail. Everybody uses a closed envelope. There's no suspicion that you want to be anonymous when you use a closed envelope. If all letters would be sent in an open envelope, except those that wanted to keep private, they would stand out.
Another illustration (negative this time), is if you want to be anonymous on the street. You can put a bag on your head, but you stand out. As almost all people show their faces, so if you put a bag over your head, you stand out. Ok, people cannot see who you are, but they can see that you are a guy wanting to hide his face.
You can say it differently: if you are the *only* person using a service that wants to be anonymous, that should still work. You shouldn't depend on *how many other people* want to be anonymous to get that anonymity without standing out.
For instance, if it became a habit to publish your viewkey systematically on a public web site when you do a monero transaction, then this principle would be harmed in monero too, because those few times that you would like to be anonymous, and not publish your view key, you'd stand out again. But this is not what happens with the view key. The view key is usually only used in a very restrained circle if you want to prove something to someone ; not publicly.
Very well put, it amazes me that this needs to be explained ad nauseum.
I see your point. Applying this same principle then we could say anyone opting for optional anonymity by using monero or zcash instead of bitcoin is looking suspicious.
Zcash has two different types of addresses, transparent "T" addresses or anonymous "Z" addresses.
For example, if someone sends 1000 ZEC from a T address to a Z address, then from an outside observer's perspective, it just looks like 1000 ZEC was transferred from T address to Z address pool. They can't see any specific Z addresses, their balances, or their transactions.
A large % of people who opt to use ZEC instead of BTC will also opt to use the Z addresses instead of the T addresses. If Bob requests that someone send funds to his Z or T ZEC address, then it won't look any more suspicious than if he requests someone send funds to his XMR address.
Why do you say optional anonymity is a problem? Monero also has optional anonymity via the view key.
This is not what I mean. The feature that makes anonymous should be the thing that is always used, so that there is no "suspicion" when it is used. The goal of anonymity is to "melt into the crowd and to be indistinguishable for Joe Sixpack". It is like an envelope for snail mail. Everybody uses a closed envelope. There's no suspicion that you want to be anonymous when you use a closed envelope. If all letters would be sent in an open envelope, except those that wanted to keep private, they would stand out.
Another illustration (negative this time), is if you want to be anonymous on the street. You can put a bag on your head, but you stand out. As almost all people show their faces, so if you put a bag over your head, you stand out. Ok, people cannot see who you are, but they can see that you are a guy wanting to hide his face.
You can say it differently: if you are the *only* person using a service that wants to be anonymous, that should still work. You shouldn't depend on *how many other people* want to be anonymous to get that anonymity without standing out.
For instance, if it became a habit to publish your viewkey systematically on a public web site when you do a monero transaction, then this principle would be harmed in monero too, because those few times that you would like to be anonymous, and not publish your view key, you'd stand out again. But this is not what happens with the view key. The view key is usually only used in a very restrained circle if you want to prove something to someone ; not publicly.
Very well put, it amazes me that this needs to be explained ad nauseum.
zcash is good, but seems monero will be more profitable for miners soon [Like me], and Dash for mining for now is low comparative against zcash and even monero or ethereum, i hope Dash price increase but at this moment isn't profitable for Mining, maybe for investment but I don't know i'm not a magician.
Why do you say optional anonymity is a problem? Monero also has optional anonymity via the view key.
This is not what I mean. The feature that makes anonymous should be the thing that is always used, so that there is no "suspicion" when it is used. The goal of anonymity is to "melt into the crowd and to be indistinguishable for Joe Sixpack". It is like an envelope for snail mail. Everybody uses a closed envelope. There's no suspicion that you want to be anonymous when you use a closed envelope. If all letters would be sent in an open envelope, except those that wanted to keep private, they would stand out.
Another illustration (negative this time), is if you want to be anonymous on the street. You can put a bag on your head, but you stand out. As almost all people show their faces, so if you put a bag over your head, you stand out. Ok, people cannot see who you are, but they can see that you are a guy wanting to hide his face.
You can say it differently: if you are the *only* person using a service that wants to be anonymous, that should still work. You shouldn't depend on *how many other people* want to be anonymous to get that anonymity without standing out.
For instance, if it became a habit to publish your viewkey systematically on a public web site when you do a monero transaction, then this principle would be harmed in monero too, because those few times that you would like to be anonymous, and not publish your view key, you'd stand out again. But this is not what happens with the view key. The view key is usually only used in a very restrained circle if you want to prove something to someone ; not publicly.
nobody is using Monero to buy something. Still almost same transaction vol as one year ago. Went just a littleb it up cuz people are trading it more.
That's unfortunately the state of crypto in general. Bitcoin has *some* usage, but it is tiny as compared to its volume too.
https://np.reddit.com/r/privacytoolsIO/comments/5md4xi/why_having_shadowcash_dash_and_zcash_in_the/
Great post about some of the "anonymous" currencies out right now.
http://weuse.cash/2016/10/26/warning-dash-privacy-is-worse-than-bitcoin/
Points out some serious issues with Dash.
(Not to mention the devs and their shady instamine. That alone is a reason not to use Dash IMO.)
Great post about some of the "anonymous" currencies out right now.
http://weuse.cash/2016/10/26/warning-dash-privacy-is-worse-than-bitcoin/
Points out some serious issues with Dash.
(Not to mention the devs and their shady instamine. That alone is a reason not to use Dash IMO.)
The success, viability, longevity -whatever you want to call it- of an altcoin can easily be determined by looking at two variables: popularity and useage.
Monero is popular and many use it to buy drugs.
Dash is popular but nobody really uses it, kinda like Litecoin.
ZCash isn't popular and nobody uses it.
In other words, Monero is one of few (perhaps the only) non-bitcoin crypto with some long term promise. Dash is a step below it and ZCash is a fucking stupid ass shitcoin.
Monero is popular and many use it to buy drugs.
Dash is popular but nobody really uses it, kinda like Litecoin.
ZCash isn't popular and nobody uses it.
In other words, Monero is one of few (perhaps the only) non-bitcoin crypto with some long term promise. Dash is a step below it and ZCash is a fucking stupid ass shitcoin.
nobody is using Monero to buy something. Still almost same transaction vol as one year ago. Went just a littleb it up cuz people are trading it more.
Monero and Dash can hit $50 2017 but zcash will give you an insane return if you manage to buy the bottom
As I said earlier, if the goal of the discussion is "what coin will allow me to trade myself rich" (at the expense of others), then the technology of these coins doesn't matter (apart as a source for hype of course): the only thing that matters is playing the hype of the brand name correctly, no matter what "runs under the hood" because that's not what matters in market caps sustained by exchange IOU trading. It is true that of all three, probably ZCASH has most of the hyping potential and the right names and links to get hyped through the roof. We saw that at the launch. Whether the code actually does anything or not really doesn't matter. It could even have been launched without any code or block chain.
That said, the art of getting rich in these games is not that the stuff is hyped, but knowing in advance which hype is going to work out before it happens. So if you have the right connections, probably ZCASH holds much potential to pump money (fiat, that is) from others into your hands.
I think monero will become best choice for investment into it, be compared with DASH and ZCash because the marketcap of monero more large than dashcoin and ZCash,
we can check on here http://coinmarketcap.com/ but actually depend on us, what will doing with the coins because of i choose them for investing, so i use coinmarketcap become ref. i don't wanna argue about it, I want discussion about it. Thanks
we can check on here http://coinmarketcap.com/ but actually depend on us, what will doing with the coins because of i choose them for investing, so i use coinmarketcap become ref. i don't wanna argue about it, I want discussion about it. Thanks
The success, viability, longevity -whatever you want to call it- of an altcoin can easily be determined by looking at two variables: popularity and useage.
Monero is popular and many use it to buy drugs.
Dash is popular but nobody really uses it, kinda like Litecoin.
ZCash isn't popular and nobody uses it.
In other words, Monero is one of few (perhaps the only) non-bitcoin crypto with some long term promise. Dash is a step below it and ZCash is a fucking stupid ass shitcoin.
Monero is popular and many use it to buy drugs.
Dash is popular but nobody really uses it, kinda like Litecoin.
ZCash isn't popular and nobody uses it.
In other words, Monero is one of few (perhaps the only) non-bitcoin crypto with some long term promise. Dash is a step below it and ZCash is a fucking stupid ass shitcoin.
Since nobody can present any evidence on wich one is most effective I use them all in combination. Better safe thn sotty.
This just shows your complete inability to research or that you are delusional. Well you could also be a shill.
Monero and Dash can hit $50 2017 but zcash will give you an insane return if you manage to buy the bottom
DNET - darknet about to be called something else. This for investment return.. or cloak.
Tech side I would guess monero or zcash since the experts on the forum seem to favour these on a tech basis.
Tech side I would guess monero or zcash since the experts on the forum seem to favour these on a tech basis.
I prefer to choose Monero and Dash both of this coin show a promising movement in 2016, I don't know whether this year is going to keep continue and for Zcash still show no sign to become powerful alt coin, so I personally still wont put my money into it, but it is all depend on how the investor see it, all of them got potential to grow
There is nothing to argue here i am supporting Dash than Monero and Zcash,because Dash is the first coin i know who implemented the privacy feature and Monero came along and finally Zcash with all the hype .I think Monero is more popular among the dark market peers but Dash is also quite popular but Zcash is just a coin which is not accepted in any major markets as of now.
That right. They all have their own advantages.
There is nothing to argue here i am supporting Dash than Monero and Zcash,because Dash is the first coin i know who implemented the privacy feature and Monero came along and finally Zcash with all the hype .I think Monero is more popular among the dark market peers but Dash is also quite popular but Zcash is just a coin which is not accepted in any major markets as of now.
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