From what I've read, Zerocash will Only allow anonymous transactions, there will be no regular sending.
There is also trust involved in setting up Zerocash, you have to trust that the devs won't keep the key that will allow them to doublespend anytime they want, without anyone knowing.
Those two points make Zerocash a No-No for me. It makes no sense to use a coin that involves trust , that's why Satoshi made Bitcoin in the first place. Bitcoin may have it's 51% mining issue, but there are measures in place to stop such a threat if it happens, but Zerocash's trust issue is far scarier, the devs would be able to doublespend at any time whether they have 50% 1%, or 0% of hash power, and you will Never know that they have done so.
But Monero is not truly anonymous, merely pseudo-anonymous. Doesn't that bother you?
How the fuck is this legendarys' posts in any way Monero speculation? And for what it's worth, he's clearly picking a fight. Another goddamn hero.
I'm not picking a fight. In fact, Monero is the only altcoin I have any stake in at all at the moment. I sold all my peercoin and litecoin months ago at the peak (whcih was mostly luck). I'm merely trying to poke people so I can find out whether there are more and better arguments now for Monero to "win". If people would convince me better I might increase my stake in Monero (current prices while low are still substantially higher than when i bought the Monero I currently own).
Don't pay too much attention to the user roles on this forum. The names are much like the titles used in business mostly self-glorifying. Legendary simply means my activity is above a certain number (the same goes for hero members). If anything, that shows I have too much time on my hands.
...Ok you should ask yourself a question, what are the Real needs to having a coin like Bitcoin and Monero around? Well the answer is clear, you don't have to rely on a central force to issue coins, you are as important as the next person, and in regards to Monero, you get the simplicity of a currency(no gimmicks attached) and the privacy of a fiat with all the added bonus of not having to rely on banks, or sending fees( like paypal), etc etc
The next question you should ask yourself is, Why choose coins like Bitcoin and Monero, over coins like NXT/Ethereum etc? That answer is also clear, the purpose of cryptocurrencies is just that,
to be a currency, NXT and Ethereum are more like applications or companies in the case of Ethereum, not currencies. The dollar has one purpose, to be traded/kept as a unit of wealth. The only things a Currency truly needs is to have some
anonymity/privacy and to have monetary value, both of which Bitcoin has, but which Monero has expanded upon since Bitcoin only offers psuedop-anonymity, while with Monero you can be completely anonymous(good for citizens who value privacy as well as private companies etc) and Monero also offers regular sending(good for public corporations and people that dont care about privacy)
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