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Topic: Shadowcash vs. Monero, an unbiased debate. - page 3. (Read 7796 times)

sr. member
Activity: 336
Merit: 250
I am just trying to make a simplified summary here.

Monero is POW
Shadowcash is POS

Monero is building new protocol
Shadowcash is building on top of bitcoin protocol

Monero uses viewkeys to make wanted tx public
Shadowcash uses public and private tx

Am I missing anything?

As more or less an outsider to all this stuff, I'd say seems like a pretty good TL;DR you've put there, LOL.

For ME personally I've put a little money into both Monero AND Shadowcash just on theory that the only possible alt-coin that MIGHT be able to approach BTC is simply gonna HAVE TO be one of the ANON coins.  

Nothing else besides anonymity is ever gonna be enough to ever match (or unseat) bitcoin.

For ME, Monero seems like it has better technology but (so far) lousy marketing.
(Sorry to say it, Fluffy etc, but just callin' it as I sees it...)

Shadow OTOH has more impressive graphics, website, video, etc.  Slick marketing IOW.  
(But, yeah, from some comments by people way smarter than ME, seems like maybe not the best tech underlying its crypto and etc.  Sorry to say it, shadow-folks: but "just callin' it" again...)

$64,000 question: IS the underlying tech more important that snazzy marketing and image?  

In a perfect world it ought to be, of course, but we know that's not always enough.  Sometimes the lesser tech DOES still win larger market share (i.e. see Windows vs Mac).  Sad but still true.

So...? What to do??

Personally, I'm just gonna HODL a little of BOTH on the off chance that a hedge on BITCOIN may be needed someday.  

And may the best man win Smiley



What marketing plans do you suggest for Monero? I also believe that Monero has the best tech but could benefit from more effective promotion
hero member
Activity: 608
Merit: 509
I am just trying to make a simplified summary here.

Monero is POW
Shadowcash is POS

Monero is building new protocol
Shadowcash is building on top of bitcoin protocol

Monero uses viewkeys to make wanted tx public
Shadowcash uses public and private tx

Am I missing anything?

As more or less an outsider to all this stuff, I'd say seems like a pretty good TL;DR you've put there, LOL.

For ME personally I've put a little money into both Monero AND Shadowcash just on theory that the only possible alt-coin that MIGHT be able to approach BTC is simply gonna HAVE TO be one of the ANON coins.  

Nothing else besides anonymity is ever gonna be enough to ever match (or unseat) bitcoin.

For ME, Monero seems like it has better technology but (so far) lousy marketing.
(Sorry to say it, Fluffy etc, but just callin' it as I sees it...)

Shadow OTOH has more impressive graphics, website, video, etc.  Slick marketing IOW.  
(But, yeah, from some comments by people way smarter than ME, seems like maybe not the best tech underlying its crypto and etc.  Sorry to say it, shadow-folks: but "just callin' it" again...)

$64,000 question: IS the underlying tech more important that snazzy marketing and image?  

In a perfect world it ought to be, of course, but we know that's not always enough.  Sometimes the lesser tech DOES still win larger market share (i.e. see Windows vs Mac).  Sad but still true.

So...? What to do??

Personally, I'm just gonna HODL a little of BOTH on the off chance that a hedge on BITCOIN may be needed someday.  

And may the best man win Smiley
full member
Activity: 142
Merit: 100
Shadowcash is a scam.
Saying it doesn't make it true. Shit isn't like Beetlejuice.

I think the beggar came here for a handout, has a donation address in his sig -- suck lack of self respect. lol
hero member
Activity: 896
Merit: 1000
Avatars are overrated.
Shadowcash is a scam.
Saying it doesn't make it true. Shit isn't like Beetlejuice.
member
Activity: 60
Merit: 10
Shadowcash is a scam.
legendary
Activity: 2968
Merit: 1198
Why having two types of tx instead of one ?
Look at monero blockchain size. The private tx are way bigger than the public one

By keeping the two types of tx, you can avoid to surcharge the blockchain with private ones when they are not needed.
You can also imagine a lot of applications using that possibility of having both private and public tx.

Monero blockchain size might become a huge problem if it become really successful

I'm not sure about this. The cryptonote protocol allows both mixed and unmixed transactions, and unmixed transactions are smaller than Bitcoin-style transactions. That is by design and is discussed in section 2.5 of the cryptonote white paper.

Furthermore, many, perhaps most, of the transactions on the Monero blockchain are unmixed (though we do expect this to change in the future).

I think the reason the Monero blockchain is larger is just more usage (from being a higher profile coin that has been traded more actively on exchanges for a longer period of time).

Take a look for yourself. You can scroll pages and pages at http://explorer.shadow.cash and see hardly any non-empty blocks. Looking at http://chainradar.com/xmr/blocks, there are only about 30% empty blocks on Monero. Both coins have the same one-minute block time so this is a valid comparison.

Another contributing factor to the Monero chain size was a temporary bug in the pool implementation (which at the time was brand new -- we sponsored its development) that created a lot of extra transactions on the Monero chain for the first few months. It is annoying that made the chain bigger, but it isn't ongoing growth, so it doesn't present a concern for the future.

Chain size is a concern for every coin. Just look at the current debate over raising Bitcoin's block size. Allowing the chain to grow too much is a huge issue.
legendary
Activity: 868
Merit: 1006
Is it possible to break this down and try to simplify the differences?  I am just trying to make a simplified summary here.

Monero is POW
Shadowcash is POS

Monero is building new protocol
Shadowcash is building on top of bitcoin protocol

Monero uses viewkeys to make wanted tx public
Shadowcash uses public and private tx

Am I missing anything?

Monero is built on top of cryptonote, they are not building something from scratch.

Monero and Shadow have private transactions, you can use a view key to show the transactions only to the persons you want (it's not the same name for shadow, but works the same)
Shadow also has public transactions.

This leads to the question asked by litebit



Debatable topic: Monero's single token (100% private) system to Shadow's dual token (public & 100% private) system.
- Which is better and do you really need 2 coins to do what 1 can do flawlessly?


This is a serious advantage for Shadow.

Why having two types of tx instead of one ?
Look at monero blockchain size. The private tx are way bigger than the public one

By keeping the two types of tx, you can avoid to surcharge the blockchain with private ones when they are not needed.
You can also imagine a lot of applications using that possibility of having both private and public tx.

Monero blockchain size might become a huge problem if it become really successful
hero member
Activity: 821
Merit: 1000
PoS is nowhere close to PoW in terms of research. At this point the economic incentives to attack most PoS coins have not been high enough to prove worthwhile.
I am not saying that PoS has no chance to succeed or that PoW is perfect. I am saying that at this point the chances of an existential threat to PoS are far greater than to PoW.
Well of-course it is not .. ~90% of the crypto market cap is held by a PoW coin ...
The chaps over at NeuCoin have done extensive research on it .. you should read it : http://www.neucoin.org/en/whitepaper/

Ignoring all of that PoS distribution models including very brief PoW periods prior to PoS as employed by SDC frequently lead to unhealthy coin distribution.  As you can tell from my Twitter feed I have said some positive things about SDC in the past. However I have much more trust in XMR and BBR.  
How are they any more unhealthy than PoW coins that have premines, fastmines? or coins with low PoW network hash that anyone can mine a decent chunk? or coins with low market caps that anyone can buy a decent chunk?

I am also not a fan of the in wallet decentralized exchange plans of SDC. Besides believing it should be separate from the coin itself for many reasons (like Open Bazaar model), it reminds me of vaporware based on photoshop promotion by CLOAK and other coins.
It is decentralised so why should it be separate? since you mentioned "decentralized exchange plans", I assume you are referring to the "decentralised market" since there is no exchange plans.
You do not tell someone to come buy a car from your showroom and then tell them to go buy the tyres from across the road and the headlights from another country? It is called a "package".

Lastly if you took time to look into Shadow you would notice it is one of a few to deliver new technology again and again ... nothing we promised has not been delivered. If you are going to make those accusation then at-least back them up. If you think Shadow is your run of the mill scam coin from bitcointalk then there really is not much else to talk about.

.. and I had a good laugh at "Open Bazaar model"; model of selling themselves to VCs? yeah that is great for privacy.

Nas
full member
Activity: 167
Merit: 100
What is shadowcash again? I heard that new.

Monero for the win!
hero member
Activity: 725
Merit: 501
Boycott Qatar 2022
Is it possible to break this down and try to simplify the differences?  I am just trying to make a simplified summary here.

Monero is POW
Shadowcash is POS

Monero is building new protocol
Shadowcash is building on top of bitcoin protocol

Monero uses viewkeys to make wanted tx public
Shadowcash uses public and private tx

Am I missing anything?
hero member
Activity: 606
Merit: 500
Well this thread was disappointing,I thought there was going to be some actual technical comparison but guess i was wrong

Of course this thread is disappointing, half the posts are from Monero Devs in what is supposedly an unbiased thread.

Wait a minute, if half the posts are pro-Monaro then the thread is completely balanced. My initial post even said some positive things about SDC, and so did fluffypony.

Why are you talking about balance? The thread is meant to be unbiased, being part of the dev team usually means you have a bias towards your own coin.

A debate being unbiased does not mean that each participant is unbiased.


Just want you to think about this for a moment.

You, being a developer of XMR, are likely to be more biased towards XMR than anyone else. In any given comparison between XMR and nearly anything else you will always think of XMR as being superior, because it has what you'd like to see in a coin due to you developing it. As such you will always (whether you mean to or not) put your coin in a favorable light.

Can you really have an unbiased debate when you are quite possibly the most biased towards one of the stances?

As I understand the concept of a debate you have advocates for a position who present their views. The advocates are not unbiased, the process is.



Except that if one is trying to have as unbiased debate as possible it is typically seen as more appropriate to present information from a neutral point of view, of course this is a very tricky way to present information if one is biased.

When 2 Monero devs make up nearly 1/3rd of the total posts while an SDC team member only makes up 1/20th it becomes hard to claim that this debate is actually unbiased.

But the bias in the arguments they form is transparent. We knew they're monero devs.

What do you expect? The people that know the most about the coin would probably be the developers of the coin. They're also the best voice to represent the technology that they developed and implemented.

The bias argument you bring up detracts from the purpose of this thread.
full member
Activity: 177
Merit: 100
Well this thread was disappointing,I thought there was going to be some actual technical comparison but guess i was wrong

Of course this thread is disappointing, half the posts are from Monero Devs in what is supposedly an unbiased thread.

Wait a minute, if half the posts are pro-Monaro then the thread is completely balanced. My initial post even said some positive things about SDC, and so did fluffypony.

Why are you talking about balance? The thread is meant to be unbiased, being part of the dev team usually means you have a bias towards your own coin.

A debate being unbiased does not mean that each participant is unbiased.


Just want you to think about this for a moment.

You, being a developer of XMR, are likely to be more biased towards XMR than anyone else. In any given comparison between XMR and nearly anything else you will always think of XMR as being superior, because it has what you'd like to see in a coin due to you developing it. As such you will always (whether you mean to or not) put your coin in a favorable light.

Can you really have an unbiased debate when you are quite possibly the most biased towards one of the stances?

As I understand the concept of a debate you have advocates for a position who present their views. The advocates are not unbiased, the process is.



Except that if one is trying to have as unbiased debate as possible it is typically seen as more appropriate to present information from a neutral point of view, of course this is a very tricky way to present information if one is biased.

When 2 Monero devs make up nearly 1/3rd of the total posts while an SDC team member only makes up 1/20th it becomes hard to claim that this debate is actually unbiased.
legendary
Activity: 2968
Merit: 1198
Well this thread was disappointing,I thought there was going to be some actual technical comparison but guess i was wrong

Of course this thread is disappointing, half the posts are from Monero Devs in what is supposedly an unbiased thread.

Wait a minute, if half the posts are pro-Monaro then the thread is completely balanced. My initial post even said some positive things about SDC, and so did fluffypony.

Why are you talking about balance? The thread is meant to be unbiased, being part of the dev team usually means you have a bias towards your own coin.

A debate being unbiased does not mean that each participant is unbiased.


Just want you to think about this for a moment.

You, being a developer of XMR, are likely to be more biased towards XMR than anyone else. In any given comparison between XMR and nearly anything else you will always think of XMR as being superior, because it has what you'd like to see in a coin due to you developing it. As such you will always (whether you mean to or not) put your coin in a favorable light.

Can you really have an unbiased debate when you are quite possibly the most biased towards one of the stances?

As I understand the concept of a debate you have advocates for a position who present their views. The advocates are not unbiased, the process is.

full member
Activity: 177
Merit: 100
Well this thread was disappointing,I thought there was going to be some actual technical comparison but guess i was wrong

Of course this thread is disappointing, half the posts are from Monero Devs in what is supposedly an unbiased thread.

Wait a minute, if half the posts are pro-Monaro then the thread is completely balanced. My initial post even said some positive things about SDC, and so did fluffypony.

Why are you talking about balance? The thread is meant to be unbiased, being part of the dev team usually means you have a bias towards your own coin.

A debate being unbiased does not mean that each participant is unbiased.


Just want you to think about this for a moment.

You, being a developer of XMR, are likely to be more biased towards XMR than anyone else. In any given comparison between XMR and nearly anything else you will always think of XMR as being superior, because it has what you'd like to see in a coin due to you developing it. As such you will always (whether you mean to or not) put your coin in a favorable light.

Can you really have an unbiased debate when you are quite possibly the most biased towards one of the stances?
legendary
Activity: 2968
Merit: 1198
Well this thread was disappointing,I thought there was going to be some actual technical comparison but guess i was wrong

Of course this thread is disappointing, half the posts are from Monero Devs in what is supposedly an unbiased thread.

Wait a minute, if half the posts are pro-Monaro then the thread is completely balanced. My initial post even said some positive things about SDC, and so did fluffypony.

Why are you talking about balance? The thread is meant to be unbiased, being part of the dev team usually means you have a bias towards your own coin.

A debate being unbiased does not mean that each participant is unbiased.
full member
Activity: 177
Merit: 100
Well this thread was disappointing,I thought there was going to be some actual technical comparison but guess i was wrong

Of course this thread is disappointing, half the posts are from Monero Devs in what is supposedly an unbiased thread.

Wait a minute, if half the posts are pro-Monaro then the thread is completely balanced. My initial post even said some positive things about SDC, and so did fluffypony.

Why are you talking about balance? The thread is meant to be unbiased, being part of the dev team usually means you have a bias towards your own coin.
full member
Activity: 158
Merit: 100
PoS is nowhere close to PoW in terms of research. At this point the economic incentives to attack most PoS coins have not been high enough to prove worthwhile.

I am not saying that PoS has no chance to succeed or that PoW is perfect. I am saying that at this point the chances of an existential threat to PoS are far greater than to PoW.

Ignoring all of that PoS distribution models including very brief PoW periods prior to PoS as employed by SDC frequently lead to unhealthy coin distribution.  As you can tell from my Twitter feed I have said some positive things about SDC in the past. However I have much more trust in XMR and BBR.  

I am also not a fan of the in wallet decentralized exchange plans of SDC. Besides believing it should be separate from the coin itself for many reasons (like Open Bazaar model), it reminds me of vaporware based on photoshop promotion by CLOAK and other coins.

I am sticking to CryptoNote coins without fastmines, premines or PoS issues.  If Zerocoin ever comes along I will support that as well.
legendary
Activity: 2968
Merit: 1198
Well this thread was disappointing,I thought there was going to be some actual technical comparison but guess i was wrong

Of course this thread is disappointing, half the posts are from Monero Devs in what is supposedly an unbiased thread.

Wait a minute, if half the posts are pro-Monaro then the thread is completely balanced. My initial post even said some positive things about SDC, and so did fluffypony.
full member
Activity: 177
Merit: 100
Well this thread was disappointing,I thought there was going to be some actual technical comparison but guess i was wrong

Of course this thread is disappointing, half the posts are from Monero Devs in what is supposedly an unbiased thread.
sr. member
Activity: 285
Merit: 251
Nothing to see here. Just monero sc(p)am.
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