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Topic: So is Monero the best anon Coin ? (Read 3552 times)

hero member
Activity: 574
Merit: 500
August 24, 2017, 11:14:50 PM
#65
Monero is flawed and may be designed as a honey pot. Zcash and similar coins utilizing zk-SNARKs are far superior.

https://steemit.com/cryptocurrency/@anonymint/is-monero-s-or-all-anonymity-broken

http://monerolink.com/monerolink.pdf

See my post above (Post #42) as a reply to this.

As for honeypots, here's what the Zcash CEO said:

Quote
And by the way, I think we can successfully make Zcash too traceable for criminals like WannaCry, but still completely private & fungible.
https://twitter.com/zooko/status/863202798883577856

If you still want to use Zcash, fine, but I wouldn't rely on it for privacy if that's how the CEO feels. Not to mention its problems with the Trusted Setup, which Peter Todd (a cryptographer and participant in the Zcash Trusted Setup) has called a "Backdoor." https://twitter.com/petertoddbtc/status/793584540891643906

25hashcoin, have you shorted Monero yet? If not, why not?



I admit Zcash has flaws but you ignore the much larger flaws in Monero and spam biased articles with false information.
hero member
Activity: 850
Merit: 1000
August 24, 2017, 09:18:06 PM
#64
Monero is flawed and may be designed as a honey pot. Zcash and similar coins utilizing zk-SNARKs are far superior.

https://steemit.com/cryptocurrency/@anonymint/is-monero-s-or-all-anonymity-broken

http://monerolink.com/monerolink.pdf

See my post above (Post #42) as a reply to this.

As for honeypots, here's what the Zcash CEO said:

Quote
And by the way, I think we can successfully make Zcash too traceable for criminals like WannaCry, but still completely private & fungible.
https://twitter.com/zooko/status/863202798883577856

If you still want to use Zcash, fine, but I wouldn't rely on it for privacy if that's how the CEO feels. Not to mention its problems with the Trusted Setup, which Peter Todd (a cryptographer and participant in the Zcash Trusted Setup) has called a "Backdoor." https://twitter.com/petertoddbtc/status/793584540891643906

25hashcoin, have you shorted Monero yet? If not, why not?
hero member
Activity: 850
Merit: 1000
August 24, 2017, 09:13:02 PM
#63
it went up because it was being added to arguably the top exchange in cryptoland. I really like monero, it is the choice of t=coin the blackmarket uses, but it is not the only super private and secure coin out there, as others have mentioned there are coins with less supply and as secure as monero. but i have friends who have been mining monero and say it's not as profitable as ether, dash and bitcoin. meaning monero is probably not used as much as the others. from what i've read and researched the dev of monero is not an agreeable person, as monero has had many chances to make it big and has turned down all mainstream opportunities which is good for the monero user but not the monero miner.

Which coins do you think are as secure as Monero? Check out the link in my signature.

As for developer (there are over 250 contributors), the lead maintainer only exposed the foolishness of the extreme hype around ICOs and how they're bad for not only investors but moreso for crypto users. Some people didn't like him calling out the foolishness, and maybe he didn't do it in the best way possible, but if you look at the recent crash crypto had, he was right. The sad part is that there will be more ICOs and more crashes and more lost money on crypto that is nothing but air. The right thing to do is to point out foolishness and warn the community. Of course, people are still free to put their money into whatever they want.
hero member
Activity: 574
Merit: 500
August 24, 2017, 09:12:05 PM
#62
https://steemit.com/cryptocurrency/@anonymint/is-monero-s-or-all-anonymity-broken

http://monerolink.com/monerolink.pdf

Nope.



Monero is dead.


Best anon coins are Zcash and ZenCash, which also happen to be extremely undervalued right now unlike crapcoins like monero and dash.

Why do you say that? Monero is in the best moment right now. It has increased about $40 in just two days. That is more than 100%, i only see that there is more people using monero, it is becoming more popular.
Regarding to Op question, Monero and Zcash are the most anonymous coins that are on the market right now, but there are a few more, but those are the best in those terms


 Monero is flawed and may be designed as a honey pot. Zcash and similar coins utilizing zk-SNARKs are far superior.

https://steemit.com/cryptocurrency/@anonymint/is-monero-s-or-all-anonymity-broken

http://monerolink.com/monerolink.pdf
sr. member
Activity: 406
Merit: 251
August 24, 2017, 09:07:59 PM
#61
What exchange did Monero recently get added to? Was out in wilderness for about a week, saw that it doubled up, trying to catch up haha Grin
newbie
Activity: 6
Merit: 0
August 24, 2017, 08:59:50 PM
#60
https://steemit.com/cryptocurrency/@anonymint/is-monero-s-or-all-anonymity-broken

http://monerolink.com/monerolink.pdf

Nope.



Monero is dead.


Best anon coins are Zcash and ZenCash, which also happen to be extremely undervalued right now unlike crapcoins like monero and dash.

Why do you say that? Monero is in the best moment right now. It has increased about $40 in just two days. That is more than 100%, i only see that there is more people using monero, it is becoming more popular.
Regarding to Op question, Monero and Zcash are the most anonymous coins that are on the market right now, but there are a few more, but those are the best in those terms

it went up because it was being added to arguably the top exchange in cryptoland. I really like monero, it is the choice of t=coin the blackmarket uses, but it is not the only super private and secure coin out there, as others have mentioned there are coins with less supply and as secure as monero. but i have friends who have been mining monero and say it's not as profitable as ether, dash and bitcoin. meaning monero is probably not used as much as the others. from what i've read and researched the dev of monero is not an agreeable person, as monero has had many chances to make it big and has turned down all mainstream opportunities which is good for the monero user but not the monero miner.
sr. member
Activity: 1036
Merit: 275
August 24, 2017, 07:48:19 PM
#59
https://steemit.com/cryptocurrency/@anonymint/is-monero-s-or-all-anonymity-broken

http://monerolink.com/monerolink.pdf

Nope.



Monero is dead.


Best anon coins are Zcash and ZenCash, which also happen to be extremely undervalued right now unlike crapcoins like monero and dash.

Why do you say that? Monero is in the best moment right now. It has increased about $40 in just two days. That is more than 100%, i only see that there is more people using monero, it is becoming more popular.
Regarding to Op question, Monero and Zcash are the most anonymous coins that are on the market right now, but there are a few more, but those are the best in those terms
full member
Activity: 196
Merit: 100
August 24, 2017, 06:19:04 PM
#58
Monero already is widely adapted and I don't think this will change so soon.
Iam also looking into XPEC right now, but for long term I see no future there.
member
Activity: 112
Merit: 10
August 24, 2017, 06:10:54 PM
#57
Monero is good but also look into cloak and pivx

Pivx has the zerocoin implementation
hero member
Activity: 1302
Merit: 532
August 24, 2017, 06:06:00 PM
#56
I like Monero more than any other project, Zcash technology is probably better, but can you do something annon with company registered in US? That's make no sense.

Monero is purely about community, and it's a strong one. Monero is becoming more and more accepted and appreciated among Bitcoiners.
The only reason i dont believe what Zcash displays is because they are like a centralized unit,no one really knows whether Zcash could be a really anon coin and with the amount of premine they have and the percentage the developers get just takes the charm away and i would look for other coins if you are looking to be really anan.Monero does have the potential and it is already the most used coins when it comes to the dark market and so you could say that it is the best anon coin at the moment.
M++
sr. member
Activity: 342
Merit: 250
August 24, 2017, 05:46:12 PM
#55
I like Monero more than any other project, Zcash technology is probably better, but can you do something annon with company registered in US? That's make no sense.

Monero is purely about community, and it's a strong one. Monero is becoming more and more accepted and appreciated among Bitcoiners.
hero member
Activity: 588
Merit: 541
August 24, 2017, 05:44:29 PM
#54
Why Monero why Zcash? why Dash or any other altcoins? you just need to buy Bitcoin which is currently the most profitable coin and it's accepted by more than

100,000 merchants worldwide, where ever you go there is %99 chance of finding some one buying it for any fiat currencies. all you need is to mix your coins.

Note that even with Bitcoin being under the magnifier glasses for a few years now we still have some issues, asicboost and shits like that, there is no way to

Properly and decisively audit and mark these coins as legit as BTC, so good luck with your investments.
legendary
Activity: 1218
Merit: 1001
August 24, 2017, 04:08:33 PM
#53
Deep web loves monero coin.Its good for spending i am going to mine monero as soon as possible.
Its good for trading and spending
hero member
Activity: 850
Merit: 1000
August 24, 2017, 04:05:33 PM
#52
Monero Transactions Are Usually Not Anonymous Says New Study

http://www.trustnodes.com/2017/04/15/monero-transactions-usually-not-anonymous-says-new-study

 Grin

I don't believe that link has appeared here yet so I'll respond to that. That is just a rehash of the monerolink PDF which is certainly not new, and it's been refuted in Post #42 above.
full member
Activity: 140
Merit: 101
August 24, 2017, 03:19:05 PM
#51
Monero Transactions Are Usually Not Anonymous Says New Study

http://www.trustnodes.com/2017/04/15/monero-transactions-usually-not-anonymous-says-new-study

 Grin
full member
Activity: 121
Merit: 100
August 24, 2017, 03:11:34 PM
#50
I would say XVG is better with regards to tech, but they don't know how to market themselves.

Monero has larger adoption rate so I suppose that means something.
sr. member
Activity: 243
Merit: 250
August 24, 2017, 03:09:09 PM
#49

The code speaks for itself. There's no privacy vulnerabilities that you speak of. You are simply stating lies.
You have no idea what you're talking about. The code does not speak for itself, because there are so few people who are capable of auditing it. Even in well understood software that has been in use for decades, bugs are still found. Even after peer review by highly competent experts, weaknesses are still found in new cryptographic schemes, sometimes years down the line. The complexity of some of this stuff is mind blowing. So for something as incredibly complex and esoteric as zk-snarks, it would certainly be possible for the creators to hide vulnerabilities. And we have statements from Zooko and Matthew Green that support backdoors. People are free to draw their own conclusions.
hero member
Activity: 574
Merit: 500
August 24, 2017, 03:02:09 PM
#48


Network effect means jack shit when the vulnerabilities are made known. You bash Zcash, but the way you talk about it makes me know you don't understand it at all. No, it's far from perfect but it's an objective fact that it is superior for anonymity and privacy than monero

Except that the vulnerabilities you bring up are fake/exaggerated. Whereas with Zcash, the vulnerabilities are undeniable. Zcash development is centralized, a huge risk for a privacy oriented coin. The founders and devs have spoken positively about backdoors. That's enough for me to be seriously worried.


The code speaks for itself. There's no privacy vulnerabilities that you speak of. You are simply stating lies.
sr. member
Activity: 243
Merit: 250
August 24, 2017, 02:50:34 PM
#47


Network effect means jack shit when the vulnerabilities are made known. You bash Zcash, but the way you talk about it makes me know you don't understand it at all. No, it's far from perfect but it's an objective fact that it is superior for anonymity and privacy than monero

Except that the vulnerabilities you bring up are fake/exaggerated. Whereas with Zcash, the vulnerabilities are undeniable. Zcash development is centralized, a huge risk for a privacy oriented coin. The founders and devs have spoken positively about backdoors. That's enough for me to be seriously worried.
hero member
Activity: 574
Merit: 500
August 24, 2017, 02:41:50 PM
#46

Already did. Rebutting with blatant lies helps no one.
FUDing will not help your shitcoin investments. The market has already decided that Monero is the most trustworthy privacy coin. If in doubt, just look at how DNM druggies (an impartial audience) view Zcash. Hint: even druggies know to stay away when the founder starts praising backdoors.

Compare Monero community activity to that of Zcash, Dash, etc. It's over buddy, the network effect can't be reversed. Same reason your Bcash shitcoin will fail even if Bitcoin has 10x higher fees.


Network effect means jack shit when the vulnerabilities are made known. You bash Zcash, but the way you talk about it makes me know you don't understand it at all. No, it's far from perfect but it's an objective fact that it is superior for anonymity and privacy than monero
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