Which coins are really privacy and anonymous?

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: AlexeyB on January 29, 2018, 04:27:43 PM

Quote from: Febo on January 26, 2018, 02:21:32 PM

Quote from: Wladestaucs on January 25, 2018, 04:54:29 AM

Xspec is very inexpensive compared to Monero, and both are neck and neck in terms of privacy and anonymity capability.

That is totally not true. What on earth are you talking about. Who have same level of anonymity as Monero? Do I need to paste what i wrote up once again? What in Monero do what. OK just for you:

Simple, anonymity in Monero the most fungible and untraceable crypto coin in existence is achieved with with 4 things:

1. Ring signatures, that hide the output being used by hiding it among several others that also appear to be used. NOTE: this is very different than mixing.

2. Stealth addresses, that removes the association between outputs and addresses.

3. RingCT, that is basically a confidential transactions that works with a ring signatures. (Updated with Bulletproofs in 2018)

4. Kovri, that hides the IP for the transaction broadcast. This data is never stored on-chain, but it can help protect users from malicious nodes. ( Updated in 2018)

But even with all that Monero is still work in progress and research and adds new innovations to always stray ahead of blockchain analysis.

To add some to how much development there is in Monero and how many people work on Monero check out this: https://www.youtube.com/watch?v=K33PoKM7vOM

Now explain me how is each thing solved in the other coin so is par to Monero.

Monero is a really privacy coin, but Monero hasn't Kovri at this moment - this is stated on the official website: https://getmonero.org/resources/moneropedia/kovri.html

Quote from: https://getmonero.org/resources/moneropedia/kovri.html

Kovri is a C++ implementation of the I2P network. Kovri is currently in heavy, active development and not yet integrated with Monero.

Even Kovri alpha version isn't implemented yet, and it is only in the RoadMap: https://getmonero.org/resources/roadmap/
Both I2P and Tor are commonly used to hide the IP addresses of users. But in Monero we can see IP-addresses of users - run the script: https://github.com/DotNetRussell/MoneroUserScraper to obtain the IP addresses "213.114.82.127", "82.161.134.181", "73.150.225.122", ... of the Monero wallets and nodes: https://dotnetrussell.com/index.php/2017/10/21/locating-monero-users-via-transaction-broadcasts/

Comparison of current, already implemented technologies (excluding technologies from the roadmap)
- Monero (XMR): Ring signatures, Stealth addresses, RingCT
- Spectrecoin (XSPEC): Ring signatures, Stealth addresses, Tor+OBFS4

More information about the current state of the technology in different coins: https://hsto.org/webt/ff/fd/c5/fffdc5rsimcwozv65u9v21wwhyo.png

Even if spectrecoin and monero's ring signature implementation were the same (Are they? I have yet to see serious analysis of spectrecoin from critic or shill), monero's anonymity set is larger (How many private tx does spectrecoin have a month?) and it's fungible due to mandatory privacy. So until spectrecoin is doing 100k tx and all its tx are private, you are comparing apples and oranges.

AlexeyB

member

Activity: 169

Merit: 17

Quote from: Febo on January 26, 2018, 02:21:32 PM

Quote from: Wladestaucs on January 25, 2018, 04:54:29 AM

Xspec is very inexpensive compared to Monero, and both are neck and neck in terms of privacy and anonymity capability.

That is totally not true. What on earth are you talking about. Who have same level of anonymity as Monero? Do I need to paste what i wrote up once again? What in Monero do what. OK just for you:

Simple, anonymity in Monero the most fungible and untraceable crypto coin in existence is achieved with with 4 things:

1. Ring signatures, that hide the output being used by hiding it among several others that also appear to be used. NOTE: this is very different than mixing.

2. Stealth addresses, that removes the association between outputs and addresses.

3. RingCT, that is basically a confidential transactions that works with a ring signatures. (Updated with Bulletproofs in 2018)

4. Kovri, that hides the IP for the transaction broadcast. This data is never stored on-chain, but it can help protect users from malicious nodes. ( Updated in 2018)

But even with all that Monero is still work in progress and research and adds new innovations to always stray ahead of blockchain analysis.

To add some to how much development there is in Monero and how many people work on Monero check out this: https://www.youtube.com/watch?v=K33PoKM7vOM

Now explain me how is each thing solved in the other coin so is par to Monero.

Monero is a really privacy coin, but Monero hasn't Kovri at this moment - this is stated on the official website: https://getmonero.org/resources/moneropedia/kovri.html

Quote from: https://getmonero.org/resources/moneropedia/kovri.html

Kovri is a C++ implementation of the I2P network. Kovri is currently in heavy, active development and not yet integrated with Monero.

Even Kovri alpha version isn't implemented yet, and it is only in the RoadMap: https://getmonero.org/resources/roadmap/
Both I2P and Tor are commonly used to hide the IP addresses of users. But in Monero we can see IP-addresses of users - run the script: https://github.com/DotNetRussell/MoneroUserScraper to obtain the IP addresses "213.114.82.127", "82.161.134.181", "73.150.225.122", ... of the Monero wallets and nodes: https://dotnetrussell.com/index.php/2017/10/21/locating-monero-users-via-transaction-broadcasts/

Comparison of current, already implemented technologies (excluding technologies from the roadmap)
- Monero (XMR): Ring signatures, Stealth addresses, RingCT
- Spectrecoin (XSPEC): Ring signatures, Stealth addresses, Tor+OBFS4

More information about the current state of the technology in different coins: https://hsto.org/webt/ff/fd/c5/fffdc5rsimcwozv65u9v21wwhyo.png

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: Wladestaucs on January 25, 2018, 04:54:29 AM

Xspec is very inexpensive compared to Monero, and both are neck and neck in terms of privacy and anonymity capability.

That is totally not true. What on earth are you talking about. Who have same level of anonymity as Monero? Do I need to paste what i wrote up once again? What in Monero do what. OK just for you:

Simple, anonymity in Monero the most fungible and untraceable crypto coin in existence is achieved with with 4 things:

1. Ring signatures, that hide the output being used by hiding it among several others that also appear to be used. NOTE: this is very different than mixing.

2. Stealth addresses, that removes the association between outputs and addresses.

3. RingCT, that is basically a confidential transactions that works with a ring signatures. (Updated with Bulletproofs in 2018)

4. Kovri, that hides the IP for the transaction broadcast. This data is never stored on-chain, but it can help protect users from malicious nodes. ( Updated in 2018)

But even with all that Monero is still work in progress and research and adds new innovations to always stray ahead of blockchain analysis.

To add some to how much development there is in Monero and how many people work on Monero check out this: https://www.youtube.com/watch?v=K33PoKM7vOM

Now explain me how is each thing solved in the other coin so is par to Monero.

Wladestaucs

newbie

Activity: 30

Merit: 0

For anyone saying Spectrecoin (Xspec) is a scam, I say go right on ahead and keep spreading that FUD. The weak hands will believe you and dump their coins, and I'll be waiting to pick up those cheap coins. So keep saying Xspec is a scam, because you're going to make me even richer when its 50% of XMR's market cap!

Xspec is very inexpensive compared to Monero, and both are neck and neck in terms of privacy and anonymity capability.

I don't hate on XMR. I never would. It is simply great.
Same reason I don't hate on Xspec. Tech is right there. But at a massive discount to XMR.

But hey, keep FUD'n, and I'll keep stackin'

Oakey22

sr. member

Activity: 488

Merit: 322

Monero Monero and Monero, if anyone says they have better privacy than this they are lying. Look up the info on Monero and you will see that the FBI are scared of it because the privacy is just that good. Zcash i wouldnt touch with a barge pole, PIVX is a dash clone, Dash is just a giant scam too.

Monero - the only coin that is for the people and completely private

Inkognito222

jr. member

Activity: 406

Merit: 1

Quote from: SCAR_8 on January 24, 2018, 10:16:03 PM

Very informative write up on XSPEC history vovannovig2. Thank you for all that, I knew some of that but not all. Should clear up SOME of the FUD about this great coin. It's headed towards the top!

Spectrecoin (XSPEC) really best privacy coin

vovannovig2

member

Activity: 714

Merit: 11

Quote from: SCAR_8 on January 24, 2018, 10:16:03 PM

Very informative write up on XSPEC history vovannovig2. Thank you for all that, I knew some of that but not all. Should clear up SOME of the FUD about this great coin. It's headed towards the top!

I copied the story from the site. A source - https://altcoinwiki.org/en/SpectreCoin

All the necessary information about the project is freely available, the developer answers questions in the SLACK, a friendly community.

SCAR_8

member

Activity: 139

Merit: 10

Very informative write up on XSPEC history vovannovig2. Thank you for all that, I knew some of that but not all. Should clear up SOME of the FUD about this great coin. It's headed towards the top!

vovannovig2

member

Activity: 714

Merit: 11

Quote from: iwishicouldfly on January 24, 2018, 11:09:38 AM

Not really convinced of xSpec, tiny development team. One or two people. Who were extremely inactive over a long period of time (look at commits to source repository on github).

https://github.com/spectrecoin/spectre/releases - jbg released this 8 days ago Grin

The guys are all easy to check - https://altcoinwiki.org/en/SpectreCoin

History

SpectreCoin was created in 2016 to improve on the concept of ShadowCash (SDC). The ICO took place starting Nov 20, 2016, until Jan 8, 2017. The goal was to add Tor integration to the ShadowCash codebase, and further extend the concept of an anonymous currency to target remittances via a mobile application, using a system inspired by Hawala. To release the ICO funds through an escrow, the Tor integration part was completed and submitted a few days after the ICO had ended.

Unfortunately, only few funds could be acquired during ICO, totaling to ~17 BTC (~16,000 USD at that time). The reason for this was unclear, part of it could be a bad timing and some people calling it a scam or "ShadowCash clone" repeatedly. Still as planned, the entirety of 20 Mio. XSPEC was proportionally distributed to the participating investors, resulting in an astonishing ICO price of only 83 sat on average (most investors paid more like 90 sat per coin, due to a bonus system to benefit early birds during ICO). As soon as the Tor integration was submitted and the coin was listed on exchanges, it was traded at a more realistic price of 1000-2000 sat, leading to a very high initial return for ICO investors. A large portion of the money acquired through the ICO was immediately spent on paying the contracted developers for their initial development work.

Since April 2017, the ShadowCash project has been abandoned for a new project of the ShadowCash developers called Particl, which ultimately stopped the accusations of SpectreCoin being a ShadowCash clone.

During summer 2017, SpectreCoin founder mandica started facing serious health issues and finally handed over the project leadership to lead developer jbg, who is now developing the coin.

Aug 9, 2017, SpectreCoin version 1.3.0 was released by jbg. This update fixed a lot of issues in the old codebase, updated Tor, included a 32-bit binary for Windows and added support for the OBFS4 obfuscation protocol. Also, a new website was created on https://spectreproject.io/ with updated information and a new, clean design to display the philosophy of the new project leadership.

From Aug 20 to Aug 25, 2017, the community raised ~37,500 XSPEC and 1 BTC (which was about ~$4000 USD at that time) to fund development, which allowed jbg to quit his job and work as a full-time developer for SpectreCoin.

Sept 10, 2017, an ex-colleague of jbg, @brycel, joined the project as a cryptographer in order to improve the stealth transaction mechanism, so that it could be used as the default transaction mechanism in future versions. Brycel was initially paid by Mandica from her own pocket to work for 1 month.

Sept 11, 2017, wallet version 1.3.1 was released by jbg, which addressed a visual bug in previous wallet versions that had become known as the infamous zero-balance bug, because it made the users balance appear as zero. Furthermore, this release was the first to include a binary for Apple MacOS. A change to the stealth transaction mechanism was introduced so that the wallet allows for non-anonymous ring signatures with only 1 or 2 members. The reason for this was that at that stage, the network often did not have enough participants for ring signatures to do a full ring signature transaction. On the same day, version 1.3.2 was released that fixed a minor bug in version 1.3.1.

Sept 12, 2017, version 1.3.3 was released, which fixes some further GUI issues, and brings faster wallet startup and sync performance.

During October 2017, the community raised additional funding for Brycel so that he could continue working on the project.

Wallet version 1.3.4 with an updated Tor version, updated node list and a new "staking reward donation system" was to be released on Jan 8, 2018, but got delayed due to a leveldb transition issue and a Qt4 bug on Windows. The decision was made to skip 1.3.4 and instead port the wallet to Qt5, which would become version 1.3.5.

Jan 16, 2018, wallet version 1.3.5 got released. With this release, a new project funding mechanism was introduced, that allows users to donate a certain percentage of their staking rewards to the developers of Spectrecoin. The donation is probabilistic, and by default 5% of the staking rewards are donated, which means that on average, every 20th staking reward will be accounted to the official donation address instead of the user's address. By donating up to 100% of their staking rewards, users can decide to financially support the development team on an ongoing basis, in order for them to be able to grow the team and hire additional full-time developers.

cj_tip

newbie

Activity: 58

Merit: 0

Just wanted to say original post did a great job, love the style of the chart. Easy to read / understand. Hopefully we can add more coins to the chart to make it even more comprehensive.

iwishicouldfly

newbie

Activity: 51

Merit: 0

Not really convinced of xSpec, tiny development team. One or two people. Who were extremely inactive over a long period of time (look at commits to source repository on github). Top 1,000 addresses own 99% of the coin. So yeah, whales abound. Had thousands of it at one point but the longer things go on the more I believe it's a shilled ponzi scheme. There are better alternatives out there and likely will be better solutions in the future.

deepcoreotc

sr. member

Activity: 350

Merit: 250

Quote from: Denamen on January 19, 2018, 10:36:39 PM

for me if you have enough skill any coin can be anonymous. Cheesy

Lmao, I don't think so. Bitcoin scrambler won't help you Cheesy

vovannovig2

member

Activity: 714

Merit: 11

I analyze a lot, I seek information.
But every day I'm more and more convinced that I have chosen the right project!
XSPEC is the best anonymous project for me, I like that I can hide my physical address and all my operations.

JW9494

member

Activity: 178

Merit: 12

ZCash..
Eventually Hush, Zoin or Zerocoin...
XZC is okay..

ZSnarks is a head above all else...
Hence, Bitcoin Private ... I think it'll be big

AlexeyB

member

Activity: 169

Merit: 17

Did you notice that no one has ever written their addresses of other coins, except for Monero and Spectrecoin?
If your coins are truly privacy, you need not be afraid to write your addresses.

What about the other coins?
- PIVX: ZKP (zPIVX), Multi-sig, PoS 3.0, $450 M - market cap
- Particl: RingCT, Multi-sig, Atomic-swap, Staking quantum resistance, PPos, $200 M - market cap, low for this tech
- Komodo: ZKP (Zerocash, zkSNARKS), Atomic-swap, $600 M - market cap
- Zclassic: ZKP (Zerocash, zkSNARKS), non-mix-masternodes, optional Tor, $320 M - market cap
- ZenCash: ZKP (Zerocash, zkSNARKS), TLS-non-mix-masternodes, optional Tor, $100 M - market cap, low for this tech
- Zoin: ZKP (Zerocoin), $23 M - market cap

https://hsto.org/webt/ff/fd/c5/fffdc5rsimcwozv65u9v21wwhyo.png

George_de_la_jungla

newbie

Activity: 26

Merit: 0

Quote from: signaturecoin on January 22, 2018, 02:51:26 PM

So.. all this theatre was just to promote your ponzi coin called Spectrecoin? Gosh.. all those shill paid guys are very creative nowadays..
No one is using that coin, it was suddenly on the top 350 and now it is below the top 500. What happened mate? the team doesn't have any other ideas to shill it?

Bellow 500? Sure? 244, it has been ~180. Im not paid for no one. Are you crazy?

signaturecoin

full member

Activity: 322

Merit: 100

So.. all this theatre was just to promote your ponzi coin called Spectrecoin? Gosh.. all those shill paid guys are very creative nowadays..
No one is using that coin, it was suddenly on the top 350 and now it is below the top 500. What happened mate? the team doesn't have any other ideas to shill it?

Riten

newbie

Activity: 34

Merit: 0

Please take a look at the Deeponion. It's not fully anonymous, but it will be with Deepsend option and TOR integration.
Very nice coin and aggressive community lol

SCAR_8

member

Activity: 139

Merit: 10

Quote from: KimJungUn on January 21, 2018, 10:25:51 AM

XSPEC is a scam coin. The only people you'll see pushing it are people speaking broken english. There's a reason for that, and that's because they are attempting a "get rich quick scheme" that seems to be prevalent in crypto now.

Hence: https://chainz.cryptoid.info/xspec/

Public richlist, Largest wallets are all visible. = Not private.

In the future if they can fix those things, then maybe we can have the discussion if it can have the privacy features that coins had in 2014.

hahaha XSPEC is definitely not a scam. And if you have read anything about the coin you would know that and know that it will be completely private soon and has more features than most any other privacy coin. Like stealth staking. I can't wait for that. There is a lot of work going into XSPEC it will be one of the top contenders for privacy in a year or so.

Coin12

full member

Activity: 238

Merit: 102

1st of May

Quote from: Flamaicon on January 19, 2018, 09:46:58 PM

For all that I read, news, tech, and my friends... In my opinion:
Spectrecoin
Zcash

Spectre coin is new one and before that monero is the most privacy one and its the first privacy coin.
However, really privacy or not, it dose not matter for me because i domt use the crypto for something else. I only use cryptocurrency for investment amd i hope my capital can grow enough.

Topic: Which coins are really privacy and anonymous? (Read 978 times)