So how is this any different than a privacy focused altcoin like ZCash, or Monero?
It seems to me that if all you do is convert to your altcoin, and privately send that to another person, and they can sell that on exchanges for whatever the original currency was, it seems like it might be best to avoid a lower cap, unknown altcoin, and stick to a major player.
Probably less volatility than with yours, and a team of devs.
I don't mean to come across as dismissive, but I don't really see the point. And to further that, what is in it for you? Do you take a fee?
I don't know. Maybe I am just misunderstanding your service.
So how is this any different than a privacy focused altcoin like ZCash, or Monero?
What do you mean: Stealth or StealthPay?
If you mean Stealth, its anon tech is different than the one used by Zcash and Monero. Stealth is a PoS coin using Tor for anon.
If you mean StealthPay, it`s a service and not an altcoin, thus it is absolutely different than Zcash and MoneroIt seems to me that if all you do is convert to your altcoin, and privately send that to another person, and they can sell that on exchanges for whatever the original currency was, it seems like it might be best to avoid a lower cap, unknown altcoin, and stick to a major player.
Zcash and Monero are very good coins but here in StealthPay we strongly believe that PoS is the future of coins and not PoW. This is why we stand with a PoS anon coin - Stealth.
Also we invite you to read the Whitepaper of Stealth which pushes the tech of this coin to another level and which is in the process of integration right now:
https://bitcointalksearch.org/topic/m.35036575
A lower market is and low volume is not an issue at this stage while we currently process small orders. What counts for us is the tech (PoS and future qPoS).Probably less volatility than with yours, and a team of devs.
Stealth`s daily volatility does not differ much from Zcash` and Monero`s volatility. I don't mean to come across as dismissive, but I don't really see the point. And to further that, what is in it for you? Do you take a fee?
I don't know. Maybe I am just misunderstanding your service.
Currently we do not take fees. In the future we will collect service fees in XST.