Topic: Monero, Dash, or Zcash? Let's argue about it. - page 3. (Read 13140 times)

I'm only going to comment on the technological side.  The speculation side is maybe totally different.  After all, for the speculation side, there doesn't even need to be a block chain or any code running: exchange IOU are sufficient, if hyped enough.  So the market cap, speculation, "making profit" side of crypto, which is ridiculous to me, is not my piece of cake.  Speculation has nothing to do with the technology of the coin apart from a sterile "hyping" feature.

I'm interested in crypto for "crypto anarchist" reasons, which I think are the only valid reasons to prefer crypto over fiat.  There's strictly no reason to go through the hassle of crypto of one wants to "go to the masses" and "comply to the law".  Fiat does that better, cheaper and more reliably than any crypto ever will.

As such, when comparing bitcoin, DASH, ZCASH and monero, my preference goes out to monero, but not because I'm a monero shill, but because the three others have significant no-gos.   Bitcoin is great, but not fungible, leaking incredible amounts of privacy information (way, way, way more than fiat does).  Bitcoin used to be grass roots, but has become a chinese consortium, and the only thing it has running for it is the fact that it was the first, and hence no suspicion on any premine scam can rest upon it.

DASH was a serious improvement over bitcoin on the privacy side, but essentially lacked the right technology.  Bitcoin technology is traceble, and the only thing that DASH did, although very important, was to automate the mixer process.  However, DASH had a scammy start.  The other problem with DASH is that in order to do privacy "automatically" with technology that is not adapted, it needs a whole messy structure of masternodes, and this invites the other problem of illegal security stuff.

Monero was the clean follow-up on the scammy, but brilliant bytecoin.  The new technology proposed by bytecoin, namely ring signatures, solved a fundamental problem of privacy in bitcoin like chains.  However, bytecoin started out with such a terrible scam, that a new coin was due, to rescue the technology.  However, monero's technology isn't perfect, it still leaks some entropy about privacy, and it is still missing scriptability.   That said, to me, it solves an essential shortcoming of transparent block chains, and monero is inherently fungible, and quite privacy oriented.  Moreover, it is also pretty grass roots.

ZCASH is a big disappointment.  It includes the best privacy technology as of today, better in principle than the ring signature scheme of monero, because NO entropy is leaked with zero knowledge proofs.  But it has been set up in a way that is both scammy (the dev tax) and a no-go: optional anonymity.  Moreover, it has had a very questionable to be trusted setup.   In other words, ZCASH has brilliant technology, but fucked up in its setup.

This is why, as of today, I only see Monero as a serious private coin in the list of the OP.  It is really a pity that zcash fucked up so hard.  It has potentially better technology.    bitcoin and DASH are "old generation" technology to me, with too many problems

BLG, sorry man, I didn't mean to not respond, I tried to find Cloak last night (I was rather tired) and wasn't able to find the ANN. I will go hunting now once again. I'm interested in all of these coins that has these features, as long as they bring something new to the table. That's why I mentioned BlackBytes, not sure how it stands up to scrutiny, I am not as technically minded as some of you lovely folk. I would love to have that knowledge though...

Cloak's low price, low supply, and amazing tech makes me believe it is the best coin to INVEST in. It is so low in price and has the potential to be the price of $4 or $5. It wouldn't hurt to put a small investment. The potential return is too good.

That's honestly not far off of how I planned on investing into them later down the road.

Say my confidence is 45% monero 35% z cash 20% dash, split the total amount I'm looking to invest into anons by this amount and buy accordingly.

I just wanted to know which had the best features. Spotniek killed it lol. Everyone has an opinion, it's very hard to surmise fact from them. I'm leaning Monero though, with Zcash in second and Dash a distant 3rd. Each 3 of these coins had some form of distribution scandal, so imo Monero is the most trustable (I can't trust Zcash that some hacker can't make millions of coins out of thin air, and this bugs me, I can't put money into something like that very willingly).

Secondly, when it comes to the actual features of the coin, I wanted to know which system held up to the most scrutiny. Which one of these will stand the test of time, regardless of the amount of attackers trying to circumvent it.

If RingQT is the best, I want to know why, eli5. <3

Since nobody can present any evidence on wich one is most effective I use them all in combination. Better safe thn sotty.

I've heard of cloak, tbh I'll go read more on it now so I learn about it. Where would you rank it?

Cloak deserves to be in this discussion. The tech is amazing.

I don't blame you dude, lol I'm surprised he hasn't been banned yet for acting like such a twat. If MPOE was banned for trolling, how the hell is this dude still around invading every single thread in existence.

Have the dumb penguin on mute, but if he blasts monero and zcash, while oddly being mum on dash, you can make an educated guess that he is shilling for them, or at least paid to keep his mouth shut. I wrote on the forum the other day that he had offered his FUD services many months ago to who will ever pay for them, now we see if there's proof.

(could just unblock and check, but it ruins the surprise)

@BitWhale

I have never said ANON coins do not have a "Small place"
I admit they do.. effectively what boils down to a niche market.

And when you have that ? You will not have global major world wide general user adoption.

You guys simply can not defend your anon coin by claiming "niche market"
Then rambling on about global adoption right afterwards.
You are in fact contradicting yourself.

You guys pushing ANON coins imply that if Monero Dark Market usage takes off..
Then later we will see major world wide adoption.
That is simply fucking retarded.

Your defending them is often proving my central point i have been making for years.
There is a provable need for Dark market niche usage ?
EXACTLY !
I agree..
And guess what ?
You are proving my damn point about global adoption LOL

Every person i ever talked to on the street had a horrible view of Bitcoin itself.
The vast majority said something along the lines of BTC ? Yeah that online drugs & guns criminal currency thing.
They all have a perception of it that is stained and gets worse in time.
Now we have GOX and Ransomware and much more to add to that.
Then factor in the financial analysts from the pre-existing financial world who ALREADY were saying BTC is a ponzi since day one..
Google Bitcoin is a Ponzi scheme and see what they say.. you may learn something. LOL
I did and was surprised to see they have some good points actually.

HEAD IN SAND.
..ignoring the context and reality of the situation.
Pushing a focused tunnel vision aspect of an "Alt" coin
And don't forget guys ..these are in fact "Altcoins"
The most you can claim is... "one day"

And that is what i am challenging boys & girls.
Not that you can not achieve a niche cult following pandering to the worlds worst criminals while simultaneously attracting the largest govt's to hunt you down like NSA food.. and DAO hackers LOL

I have a point and a damn good one.
You all usually ignore me because you can not refute what i am saying.
The best you can do is cause a diversion with focusing on about arguing about meaningless bullshit.

Off hand the one i would choose is the one i heard about pushing some compliance.. DASH.
If i was an "investor" i would be thinking ahead.
I suggest you all start doing that too.
By all means come to your own conclusion but please do look at the bigger picture from all angles guys.

Zoom out and try and see the larger context / perspective of it all !

We are using OgNasty as escrow for the ICO. The SDC code is good and the issue you talk about with the ring signatures has been resolved in Feb 2016 and our code do not have this issue. The SDC code was chosen as it suits our ulterior purpose. SDC and hence SPEC are underrated in the anonymous game as XMR gets all the attention. There is no issue with adoption of anonymous coins. We have set up the ICO so that you can buy completely anonymously if you wish and pay with Monero or SDC or whatever you want and we do not ask for any personal information so you can buy SPEC without leaving any personal info. If you want to trade later on use Bitsquare as we are planning to integrate with.

And if you don't understand that the human race needs better financial tools than the geek stuff we're trying to foist upon them right now, then you are destined to remain forever posting on this forum (what's the next level after "Legendary"?)

This is patently false. Actually masternodes make Dash on the most centralized chain there is. And it's governance is wholly controlled.

XMR has had more contributors than any coin I know of Sans BTC.


Lol, I'm glad you can speak for the "general public" it must be nice to have this type of access. Your post reminds me of kids that argue their harware is the best because they paid more for it or it's not a POS because theirs didn't break yet.

If you don't understand why the human race needs financial freedom from tyranny then you are either a lost cause/uneducated or just plain stupid.

AFA the OP's question, these projects are not even comparable.

Grats on post #420 Zadicar.


I do agree with you, I think its a losing battle that will end in charges no doubt. I am merely curious which coin actually has the best features though, as I do feel they will have their place in crypto. I might not like the fact that they are used for illegal things, but when it comes down to it, there's a good chance any one of the bills in the wallet in my pocket has cocaine dust on it from good ole Merica, as they say the USD is still more anonymous than bitcoin will ever be.

I know thats a shitty stance, heres a coin online that makes its name by providing black transactions, this will no doubt catch the eye of the feds. I do agree with you. That's why I laughed when "DarkCoin" rebranded itself as "Dash" in a poor attempt to try to renew their social image to a "fast secure payment network with anonymous transactions for the masses", it will always be DarkCoin to me... I just can't help but be curious which coin actually wins the race, after all the dust settles. The true "killer" will be the one that receives mainstream adoption and leaves all that kiddie shit behind, I agree with you.

LOL, so awesome, I love how it morphed from sweet helpful crypto-loving friends to haters hatin' by page two. God I love you guys.

In all seriousness though, thank you for the overwhelming response.

Spotnik, always nice to hear from you, I do have to disagree I think that anon coins have a small place in each crypto investors wallets, granted within due time. We can't deny that dirty money is how this whole thing started, I definitely can't discredit it, I'd love to know how much value flows through the black markets daily. That being said, I definitely wouldn't want to buy any of the coins now at these inflated prices, its something I'm willing to wait for later on, and if I miss the train so be it. The time to buy them was summer 2 years ago eh. We will get another opportunity within due time though, who knows which coins will be the ones to pick though.

I am a trader, so I naturally try not to place personal bias into my trades, this makes me look at all 3 of these coins very subjectively. I literally want to know which has the best features. I can't help but mention that there is so many opinions flying around outside of this thread, he said she said, that it makes it very hard for an outsider like me to differentiate between good and bad.

Also, I should mention that I have already weighed in each coins years of existence and their adoption levels. This does matter to me, but my main curiousity is knowing which coin is actually the strongest competitor under the hood. If it came down to your life, freedom, and bank account, hypothetically, which coin comes out as the winner? Which coin is most trustworthy? It seems all 3 of these coins have some sort of "distribution" scandal. Which is the worst? I do feel like Zcash definitely can't be verifiably trustable, this is a problem... that doesn't fly in cryptoland.

Side note: I would prefer we don't bring obvious holes in anonymous features such as the use of third-party exchanges and their ID verification practices unless absolutely necessary, as no one is forcing the users to identify themselves. If the user was truly worried about their anonyminity they would use other means of obtaining the coins to ensure their identity/data is safe. Consider these type of scenarios already automatically applied.

Also to the person that said I should pick better coins than BB to compare, I merely mean the use of Blackbytes and their anonymous system. Had nothing to do with POW or POS and everything to do with anonyminity features.

So far, I'm leaning Monero Especially about what was said with "RingQT" I think it was called. Thank you all for the great info so far. It's exactly what I'm looking for.

Thanks ladies & gents, I appreciate the riveting discussion. Let's keep this argument a flowin'!

Among the selection i would definitely monero over all and theres no superior thing because most altcoins are the same but they only differ on some feautures and also monero(XMR) is quiet longer among other coins thats you said and that Zcash could not stand a chance on monero because its just a shitcoin which makes the price high because of the hype and now seeing the price drops drastically.

I agree with the jist of your post, except that anonymity is essential although not wanted by the big players, but it's important that the tech behind it actually works. Which is why the hate directed against Dash, Zcash and similar scams is important.

ssds are a blockchains best friend. of course its more money per gb but oh well.

just back em up. my chains (plus other important stuff of course) are automatically backed up to spinners in raid 5 nightly.

I cant discus how storing datas on SSD can  cause malfunctions. I am sure such disks should not be put on sale at all. And this is a matter of producer of those disks. If they give warranty then they should also repay all loss made by their product malfunction.  This is wrong place to question this, since no one can give you right answer here.