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Topic: Which privacy centric coins will make it? (Read 492 times)

legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
January 26, 2018, 02:39:59 PM
#47
Ad hominem! Hah! I'm not claiming Dash is anything but a coin with a higher marketcap than Monero, something you said would NEVER happen. Ever. Maybe if your post history didn't have so many examples of you being wrong it wouldn't be so easy.

I stated 3 different counter-points to your argument against XSPEC and Stealth Staking specifically and yet you replied to NONE of them. Literally, nothing in your response was even about XSPEC other than claiming you had "valid criticisms"! I'll state them out boldly because it seems you're having trouble with reading comprehension:

1. You have no basis for disproving Stealth Staking is possible other than "no one has even thought about implementing it" and "the devs are unknown" as your argument.

2. The developers of XSPEC have followed their roadmap and successfully developed so far, so there isn't a reason to distrust them yet.

3. Saying "its never been done before therefore it is impossible that this could be achieved" is a dishonest argument. You cant prove that its NOT possible and no one can prove that it IS possible, so spreading FUD about stealth staking is senseless.

There is nothing to PROVE that stealth staking isn't possible and it would take a genius. There is nothing to PROVE that the developers don't know how to do it. If you have solid evidence or facts I'd love to see how the XSPEC developers are scammers or that they don't know how to do stealth staking. I mean, as your profile says, facts are more efficient than FUD! So please, provide some solid facts to back up your claims. I'm all ears.

Why would i claim Dash's marketcap will never be higher than Monero? AFAIK, except for a week or two, it has always been higher. Maybe you misread, but I'm willing to recant if you can find the quotation. Also, what's your fixation with dash? I've also talked shit on vanillacoin and a few other lowcap privacy coins that never went anywhere--anyways....

1. Correct, even Bitcoin released a whitepaper before implementation. And anyone following privacy coins seriously is aware of legitimate breakthroughs such as mimble wimble, SPECTRE (not to be confused with spectrecoin), Zstarks, and Zcash's sapling upgrade. These things don't appear out of nowhere and cryptographers, and those who follow the scene seriously, are well aware of new advancements well ahead of the implementation. It would be odd that something as novel as anonymous staking wouldn't have had at least a mention among the cryptography community. I suppose it's possible, but it would be unreasonable to ask people to trust an anonymous developer's word--especially when these systems are supposed to be trustless.

2. But nothing succesfully implemented from the roadmap indicates they are capable of such an innovation. AFAIK there isn't even a testnet up--which begs the question: are they planning on implementing a novel software without any open testing? That in itself would show sloppy technique in software development.

3. This seem a repetition of the prior two, so no need to repeat myself.
newbie
Activity: 5
Merit: 0
January 26, 2018, 12:57:16 PM
#46
Monero will continue to be the top privacy coin and i am sure PIVX will get higher on the ranks. WISP coin is also an interesting one
currently in pre-ico stage, worth to check out. Will be like RaidBlocks but with privacy.
full member
Activity: 560
Merit: 107
Keep Working
January 26, 2018, 12:38:58 PM
#45
XMR and ZCash are quite old and have an advantage over others but ZCoin and ZenCash are really great coins to follow and invest.
member
Activity: 216
Merit: 13
January 26, 2018, 11:10:11 AM
#44
Thanks everyone for inputs so far! Very interesting perspective.
In essence, I believe XMR and ZCASH are and will remain "base research" platforms, while other (newer) coins/tokens will be "applied research" and actual added value to the market.
The question is then of course, do you invest in technology, or in the application of that technology with certain twists. If we look at traditional (including high-tech, multimedia, cellular, etc markets) we can clearly see that B2B wise owning/investing in backbone infrastructure has edge, while in consumer targeted channels the actual successful application of that technology is king (i.e. iPhone wasn't the first touch phone, but was the most successful one at the time it came out and for many years after).

Above is pretty much a dilema in anon crypto to me atm.
member
Activity: 216
Merit: 13
January 26, 2018, 11:02:44 AM
#43
That's why I listed Bulwark (BWK), they are on the way to implement the Zerocoin protocol, with a number of other new features

talking about privacy coins and nobody noticing zcoin [with master node] Huh
jr. member
Activity: 63
Merit: 7
January 25, 2018, 09:52:04 PM
#42
Couple that with default stealth addresses and stealth staking to come in Q2 of this year, and you've got a speculative winner.

Ya, got any proof for that, like a white paper?


No. I only have the word of the dev team. That's why I said SPECULATIVE winner.

If I'm wrong, then its all for not, and I look like a fool. That's the nature of the beast.

Much easier to look the fool with a noob account--some of us have a body of work to protect and can't shill every shitcoin that comes down the pipe with claims of, "We have magical powers and #1 privacy!"

Spectrecoin has one of the worst prospects of success--no known cryptographer is actively proposing an anonymous staking system, so the idea that an unknown dev is pulling it out of his ass is pretty unconvincing.

If you look at ring-signatures, mimble wimble, zsnarks, zstarks, SPECTRE (not Xspec)--these were all well known and reviewed (at least in cryptography circles) before any team decided to attempt them. There's a great deal of research that goes ahead of implementation, so absent that, it looks like fool's gold.

I don't care what people do with their money, just don't push unknown cryptography on the rest of us and act like it's a foregone conclusion, or even a legitimate bet.

Generalizethis is a Monero die-hard thats been attacking competitors to Monero for years. This is what he said about Dash back when he was FUD'ing it a few years ago:

Quote
A loosing campaign? Loosing the truth from the grasps of dashtards, maybe. This revolution hasn't started or won't start anytime soon (or won't start ever). It's really premature to count a few million in market cap as significant when real success will be counted in multiples of billions above the current Bitcoin market cap. And last time I checked dash's market cap had stagnated, so I'm not sure where you see the success or the winning campaign. It even seems that Dash has declined with the Evolution and the parallel marketing push. I think a reality check is in order.

He was saying Dash had HORRIBLE prospects of success as well. Where is Dash comparatively to Monero in market cap at this moment? He can claim Dash is still a shitcoin/scam as well but denying its current market cap success (by HIS standards in the quoted post), is also laughable. In reality, XSPEC implementing Stealth Staking is a very real possibility. The developer is still working on a white paper explaining it and still has a plan for a rough Q2 2018 release. Ask yourself why Generalizethis is so invested in calling XSPEC a scam? The only reason he is fudding the prospect of Stealth Staking is because he sees it as a threat to the market share of Monero. Stealth Staking would change the game for privacy coins, and rightfully so.

Come back to this post at the end of the year and see who had it right. Anyone claiming Stealth Staking is IMPOSSIBLE is just as bad as the kids believing 100% that it WILL be implemented. Wait and see.

Regarding the topic of this thread, I definitely see Monero staying as the top dog for privacy coins. It basically has first-mover advantage and is already a solid, working privacy coin. I do think if XSPEC successfully implements all of its planned features it will eat up a lot of the market share of privacy coins, and could be seen as a good alternative of Monero.

If you want to cherry pick quotations that's fine. The market proved that I was right about dash as a privacy coin--or does anyone,who isn't a dashtard or a noob, still considered it a privacy coin? Also, dash had an innovation, unlike spectrecoin, masternodes, which happen to be great at keeping coins off the market and the price artificially high. Sooner or later dash will be exploited (13 algos is 12 too many), but I am patient and don't need coinmraketcap to validate my opinion week to week. As for spectrecoin, it has an unknown dev claiming something that no cryptographer has even ventured to posit as a possible design, so not really going out on a limb to say, "Come on, really?"

I was also buying Monero at .25 so I can see potential as well as flaws--it's just that the majority of privacy coins are vaporware or a terrible implementation of a potentially good solution (like I'll more than gladly use Zcash after sapling's implemented, but still won't hodl any as no one can audit the coin supply ).

I have nothing against spectrecoin and it would be great if anonymous staking is a thing, but there is no good reason to believe it other than gambler's logic. The real competition will be SPECTRE (the one Monero may implement), mimble wimble, Zcash after sapling, and a Zstark implementation that seems, at least theoretically, an upgrade to Zsnarks. 

Its just so hard because there are tons of applicable quotes of you spreading FUD and it eventually coming back to bite you:

Quote
As far as markets go,  given Monero's volume compared to Dash's, I think we are doing just fine--imagine if we had 3,700,000 coins locked up in a masternode scheme?

Seems odd that you're so intent on calling Masternodes an innovation now, when before, you were calling it a scheme. I'm noticing a pattern.

You have the word FUD in your profile, yet you spread it so handily. You have no basis for disproving Stealth Staking is possible other than "no one has even thought about implementing it" and "the devs are unknown" as your argument. From someone that uses privacy coins so often, it seems a bit hypocritical. It seems your basis for FUD'ing XSPEC is something that you have ZERO evidence to back up. You spread FUD on the basis of what other projects haven't done. The developers of XSPEC have followed their roadmap and successfully developed so far, so there isn't a reason to distrust them yet. You buying ONE coin that has had success doesn't make you an expert in cryptocurrency my friend. I'm sure someone's opinion that bought in at Dash at 0.25 wouldn't hold the same weight as yours, eh?

Saying "its never been done before therefore it is impossible that this could be achieved" is a dishonest argument. You cant prove that its NOT possible and no one can prove that it IS possible, so spreading FUD about stealth staking is senseless.


I never said masternodes were a good innovation (in fact they create an oligarchy, which is why dash's claim of decentralized goverance is a joke), but I can acknowledge their use to keep coins off the market--perhaps why so many shitcoins try to replicate the scheme. But keep on using ad hominem to distract from my valid criticisms of spectrecoin. The fact that you are perusing my post history looking for anything to attack me with, validates that you would rather not acknowledge the criticisms head-on. I just think it's funny that you use shitcoin as an example --or are you claiming dash is a quality coin? We can have that argument if you want. Marketcap is no more an indicator of the quality of coin than record sales are an indicator of musical talent.


Ad hominem! Hah! I'm not claiming Dash is anything but a coin with a higher marketcap than Monero, something you said would NEVER happen. Ever. Maybe if your post history didn't have so many examples of you being wrong it wouldn't be so easy.

I stated 3 different counter-points to your argument against XSPEC and Stealth Staking specifically and yet you replied to NONE of them. Literally, nothing in your response was even about XSPEC other than claiming you had "valid criticisms"! I'll state them out boldly because it seems you're having trouble with reading comprehension:

1. You have no basis for disproving Stealth Staking is possible other than "no one has even thought about implementing it" and "the devs are unknown" as your argument.

2. The developers of XSPEC have followed their roadmap and successfully developed so far, so there isn't a reason to distrust them yet.

3. Saying "its never been done before therefore it is impossible that this could be achieved" is a dishonest argument. You cant prove that its NOT possible and no one can prove that it IS possible, so spreading FUD about stealth staking is senseless.

There is nothing to PROVE that stealth staking isn't possible and it would take a genius. There is nothing to PROVE that the developers don't know how to do it. If you have solid evidence or facts I'd love to see how the XSPEC developers are scammers or that they don't know how to do stealth staking. I mean, as your profile says, facts are more efficient than FUD! So please, provide some solid facts to back up your claims. I'm all ears.
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
January 25, 2018, 08:39:47 PM
#41
Couple that with default stealth addresses and stealth staking to come in Q2 of this year, and you've got a speculative winner.

Ya, got any proof for that, like a white paper?


No. I only have the word of the dev team. That's why I said SPECULATIVE winner.

If I'm wrong, then its all for not, and I look like a fool. That's the nature of the beast.

Much easier to look the fool with a noob account--some of us have a body of work to protect and can't shill every shitcoin that comes down the pipe with claims of, "We have magical powers and #1 privacy!"

Spectrecoin has one of the worst prospects of success--no known cryptographer is actively proposing an anonymous staking system, so the idea that an unknown dev is pulling it out of his ass is pretty unconvincing.

If you look at ring-signatures, mimble wimble, zsnarks, zstarks, SPECTRE (not Xspec)--these were all well known and reviewed (at least in cryptography circles) before any team decided to attempt them. There's a great deal of research that goes ahead of implementation, so absent that, it looks like fool's gold.

I don't care what people do with their money, just don't push unknown cryptography on the rest of us and act like it's a foregone conclusion, or even a legitimate bet.
Don't talk down to me like I'm some schoolyard kid. I'll do anything I care to do. And you can take your 'body of work' and shove it.

There's so many noob accounts associated with this shitcoin it's hard to believe I'm talking to more than sockpuppets, but my point stands, unless you have a long standing account, looking like a fool isn't that big a deal. As for the rest, i can't think of anything more schoolboy than "I'll do anything I care to do. And you can take your 'body of work' and shove it."

newbie
Activity: 30
Merit: 0
January 25, 2018, 08:24:15 PM
#40
Couple that with default stealth addresses and stealth staking to come in Q2 of this year, and you've got a speculative winner.

Ya, got any proof for that, like a white paper?


No. I only have the word of the dev team. That's why I said SPECULATIVE winner.

If I'm wrong, then its all for not, and I look like a fool. That's the nature of the beast.

Much easier to look the fool with a noob account--some of us have a body of work to protect and can't shill every shitcoin that comes down the pipe with claims of, "We have magical powers and #1 privacy!"

Spectrecoin has one of the worst prospects of success--no known cryptographer is actively proposing an anonymous staking system, so the idea that an unknown dev is pulling it out of his ass is pretty unconvincing.

If you look at ring-signatures, mimble wimble, zsnarks, zstarks, SPECTRE (not Xspec)--these were all well known and reviewed (at least in cryptography circles) before any team decided to attempt them. There's a great deal of research that goes ahead of implementation, so absent that, it looks like fool's gold.

I don't care what people do with their money, just don't push unknown cryptography on the rest of us and act like it's a foregone conclusion, or even a legitimate bet.
Don't talk down to me like I'm some schoolyard kid. I'll do anything I care to do. And you can take your 'body of work' and shove it.
legendary
Activity: 1288
Merit: 1087
January 25, 2018, 07:45:57 PM
#39
monero.

zcash had that weird 'trusted' beginning. monero also has many sensible features such as flexible block size and ongoing inflation that any coin that really wants to be used properly should have.

they're all gonna have problems from governments though. i can see exchanges being pressured to delist anything fully private.
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
January 25, 2018, 07:39:13 PM
#38
Couple that with default stealth addresses and stealth staking to come in Q2 of this year, and you've got a speculative winner.

Ya, got any proof for that, like a white paper?


No. I only have the word of the dev team. That's why I said SPECULATIVE winner.

If I'm wrong, then its all for not, and I look like a fool. That's the nature of the beast.

Much easier to look the fool with a noob account--some of us have a body of work to protect and can't shill every shitcoin that comes down the pipe with claims of, "We have magical powers and #1 privacy!"

Spectrecoin has one of the worst prospects of success--no known cryptographer is actively proposing an anonymous staking system, so the idea that an unknown dev is pulling it out of his ass is pretty unconvincing.

If you look at ring-signatures, mimble wimble, zsnarks, zstarks, SPECTRE (not Xspec)--these were all well known and reviewed (at least in cryptography circles) before any team decided to attempt them. There's a great deal of research that goes ahead of implementation, so absent that, it looks like fool's gold.

I don't care what people do with their money, just don't push unknown cryptography on the rest of us and act like it's a foregone conclusion, or even a legitimate bet.

Generalizethis is a Monero die-hard thats been attacking competitors to Monero for years. This is what he said about Dash back when he was FUD'ing it a few years ago:

Quote
A loosing campaign? Loosing the truth from the grasps of dashtards, maybe. This revolution hasn't started or won't start anytime soon (or won't start ever). It's really premature to count a few million in market cap as significant when real success will be counted in multiples of billions above the current Bitcoin market cap. And last time I checked dash's market cap had stagnated, so I'm not sure where you see the success or the winning campaign. It even seems that Dash has declined with the Evolution and the parallel marketing push. I think a reality check is in order.

He was saying Dash had HORRIBLE prospects of success as well. Where is Dash comparatively to Monero in market cap at this moment? He can claim Dash is still a shitcoin/scam as well but denying its current market cap success (by HIS standards in the quoted post), is also laughable. In reality, XSPEC implementing Stealth Staking is a very real possibility. The developer is still working on a white paper explaining it and still has a plan for a rough Q2 2018 release. Ask yourself why Generalizethis is so invested in calling XSPEC a scam? The only reason he is fudding the prospect of Stealth Staking is because he sees it as a threat to the market share of Monero. Stealth Staking would change the game for privacy coins, and rightfully so.

Come back to this post at the end of the year and see who had it right. Anyone claiming Stealth Staking is IMPOSSIBLE is just as bad as the kids believing 100% that it WILL be implemented. Wait and see.

Regarding the topic of this thread, I definitely see Monero staying as the top dog for privacy coins. It basically has first-mover advantage and is already a solid, working privacy coin. I do think if XSPEC successfully implements all of its planned features it will eat up a lot of the market share of privacy coins, and could be seen as a good alternative of Monero.

If you want to cherry pick quotations that's fine. The market proved that I was right about dash as a privacy coin--or does anyone,who isn't a dashtard or a noob, still considered it a privacy coin? Also, dash had an innovation, unlike spectrecoin, masternodes, which happen to be great at keeping coins off the market and the price artificially high. Sooner or later dash will be exploited (13 algos is 12 too many), but I am patient and don't need coinmraketcap to validate my opinion week to week. As for spectrecoin, it has an unknown dev claiming something that no cryptographer has even ventured to posit as a possible design, so not really going out on a limb to say, "Come on, really?"

I was also buying Monero at .25 so I can see potential as well as flaws--it's just that the majority of privacy coins are vaporware or a terrible implementation of a potentially good solution (like I'll more than gladly use Zcash after sapling's implemented, but still won't hodl any as no one can audit the coin supply ).

I have nothing against spectrecoin and it would be great if anonymous staking is a thing, but there is no good reason to believe it other than gambler's logic. The real competition will be SPECTRE (the one Monero may implement), mimble wimble, Zcash after sapling, and a Zstark implementation that seems, at least theoretically, an upgrade to Zsnarks. 

Its just so hard because there are tons of applicable quotes of you spreading FUD and it eventually coming back to bite you:

Quote
As far as markets go,  given Monero's volume compared to Dash's, I think we are doing just fine--imagine if we had 3,700,000 coins locked up in a masternode scheme?

Seems odd that you're so intent on calling Masternodes an innovation now, when before, you were calling it a scheme. I'm noticing a pattern.

You have the word FUD in your profile, yet you spread it so handily. You have no basis for disproving Stealth Staking is possible other than "no one has even thought about implementing it" and "the devs are unknown" as your argument. From someone that uses privacy coins so often, it seems a bit hypocritical. It seems your basis for FUD'ing XSPEC is something that you have ZERO evidence to back up. You spread FUD on the basis of what other projects haven't done. The developers of XSPEC have followed their roadmap and successfully developed so far, so there isn't a reason to distrust them yet. You buying ONE coin that has had success doesn't make you an expert in cryptocurrency my friend. I'm sure someone's opinion that bought in at Dash at 0.25 wouldn't hold the same weight as yours, eh?

Saying "its never been done before therefore it is impossible that this could be achieved" is a dishonest argument. You cant prove that its NOT possible and no one can prove that it IS possible, so spreading FUD about stealth staking is senseless.


I never said masternodes were a good innovation (in fact they create an oligarchy, which is why dash's claim of decentralized goverance is a joke), but I can acknowledge their use to keep coins off the market--perhaps why so many shitcoins try to replicate the scheme. But keep on using ad hominem to distract from my valid criticisms of spectrecoin. The fact that you are perusing my post history looking for anything to attack me with, validates that you would rather not acknowledge the criticisms head-on. I just think it's funny that you use shitcoin as an example --or are you claiming dash is a quality coin? We can have that argument if you want. Marketcap is no more an indicator of the quality of coin than record sales are an indicator of musical talent.
member
Activity: 336
Merit: 12
January 25, 2018, 06:28:00 PM
#37
Monero has currently the leading technology and best developpers, DeepOnion has the best roadmap and largest community (on top of very active and skilled devs). These are the two I would bet on but there is probably enough room for more  Cool
full member
Activity: 644
Merit: 100
January 25, 2018, 06:25:38 PM
#36
KMD

i tihink it will make huge profit in 2019.

follow this coin. they hava good projects.
jr. member
Activity: 63
Merit: 7
January 25, 2018, 06:16:38 PM
#35
Couple that with default stealth addresses and stealth staking to come in Q2 of this year, and you've got a speculative winner.

Ya, got any proof for that, like a white paper?


No. I only have the word of the dev team. That's why I said SPECULATIVE winner.

If I'm wrong, then its all for not, and I look like a fool. That's the nature of the beast.

Much easier to look the fool with a noob account--some of us have a body of work to protect and can't shill every shitcoin that comes down the pipe with claims of, "We have magical powers and #1 privacy!"

Spectrecoin has one of the worst prospects of success--no known cryptographer is actively proposing an anonymous staking system, so the idea that an unknown dev is pulling it out of his ass is pretty unconvincing.

If you look at ring-signatures, mimble wimble, zsnarks, zstarks, SPECTRE (not Xspec)--these were all well known and reviewed (at least in cryptography circles) before any team decided to attempt them. There's a great deal of research that goes ahead of implementation, so absent that, it looks like fool's gold.

I don't care what people do with their money, just don't push unknown cryptography on the rest of us and act like it's a foregone conclusion, or even a legitimate bet.

Generalizethis is a Monero die-hard thats been attacking competitors to Monero for years. This is what he said about Dash back when he was FUD'ing it a few years ago:

Quote
A loosing campaign? Loosing the truth from the grasps of dashtards, maybe. This revolution hasn't started or won't start anytime soon (or won't start ever). It's really premature to count a few million in market cap as significant when real success will be counted in multiples of billions above the current Bitcoin market cap. And last time I checked dash's market cap had stagnated, so I'm not sure where you see the success or the winning campaign. It even seems that Dash has declined with the Evolution and the parallel marketing push. I think a reality check is in order.

He was saying Dash had HORRIBLE prospects of success as well. Where is Dash comparatively to Monero in market cap at this moment? He can claim Dash is still a shitcoin/scam as well but denying its current market cap success (by HIS standards in the quoted post), is also laughable. In reality, XSPEC implementing Stealth Staking is a very real possibility. The developer is still working on a white paper explaining it and still has a plan for a rough Q2 2018 release. Ask yourself why Generalizethis is so invested in calling XSPEC a scam? The only reason he is fudding the prospect of Stealth Staking is because he sees it as a threat to the market share of Monero. Stealth Staking would change the game for privacy coins, and rightfully so.

Come back to this post at the end of the year and see who had it right. Anyone claiming Stealth Staking is IMPOSSIBLE is just as bad as the kids believing 100% that it WILL be implemented. Wait and see.

Regarding the topic of this thread, I definitely see Monero staying as the top dog for privacy coins. It basically has first-mover advantage and is already a solid, working privacy coin. I do think if XSPEC successfully implements all of its planned features it will eat up a lot of the market share of privacy coins, and could be seen as a good alternative of Monero.

If you want to cherry pick quotations that's fine. The market proved that I was right about dash as a privacy coin--or does anyone,who isn't a dashtard or a noob, still considered it a privacy coin? Also, dash had an innovation, unlike spectrecoin, masternodes, which happen to be great at keeping coins off the market and the price artificially high. Sooner or later dash will be exploited (13 algos is 12 too many), but I am patient and don't need coinmraketcap to validate my opinion week to week. As for spectrecoin, it has an unknown dev claiming something that no cryptographer has even ventured to posit as a possible design, so not really going out on a limb to say, "Come on, really?"

I was also buying Monero at .25 so I can see potential as well as flaws--it's just that the majority of privacy coins are vaporware or a terrible implementation of a potentially good solution (like I'll more than gladly use Zcash after sapling's implemented, but still won't hodl any as no one can audit the coin supply ).

I have nothing against spectrecoin and it would be great if anonymous staking is a thing, but there is no good reason to believe it other than gambler's logic. The real competition will be SPECTRE (the one Monero may implement), mimble wimble, Zcash after sapling, and a Zstark implementation that seems, at least theoretically, an upgrade to Zsnarks. 

Its just so hard because there are tons of applicable quotes of you spreading FUD and it eventually coming back to bite you:

Quote
As far as markets go,  given Monero's volume compared to Dash's, I think we are doing just fine--imagine if we had 3,700,000 coins locked up in a masternode scheme?

Seems odd that you're so intent on calling Masternodes an innovation now, when before, you were calling it a scheme. I'm noticing a pattern.

You have the word FUD in your profile, yet you spread it so handily. You have no basis for disproving Stealth Staking is possible other than "no one has even thought about implementing it" and "the devs are unknown" as your argument. From someone that uses privacy coins so often, it seems a bit hypocritical. It seems your basis for FUD'ing XSPEC is something that you have ZERO evidence to back up. You spread FUD on the basis of what other projects haven't done. The developers of XSPEC have followed their roadmap and successfully developed so far, so there isn't a reason to distrust them yet. You buying ONE coin that has had success doesn't make you an expert in cryptocurrency my friend. I'm sure someone's opinion that bought in at Dash at 0.25 wouldn't hold the same weight as yours, eh?

Saying "its never been done before therefore it is impossible that this could be achieved" is a dishonest argument. You cant prove that its NOT possible and no one can prove that it IS possible, so spreading FUD about stealth staking is senseless.
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
January 25, 2018, 05:03:32 PM
#34
Couple that with default stealth addresses and stealth staking to come in Q2 of this year, and you've got a speculative winner.

Ya, got any proof for that, like a white paper?


No. I only have the word of the dev team. That's why I said SPECULATIVE winner.

If I'm wrong, then its all for not, and I look like a fool. That's the nature of the beast.

Much easier to look the fool with a noob account--some of us have a body of work to protect and can't shill every shitcoin that comes down the pipe with claims of, "We have magical powers and #1 privacy!"

Spectrecoin has one of the worst prospects of success--no known cryptographer is actively proposing an anonymous staking system, so the idea that an unknown dev is pulling it out of his ass is pretty unconvincing.

If you look at ring-signatures, mimble wimble, zsnarks, zstarks, SPECTRE (not Xspec)--these were all well known and reviewed (at least in cryptography circles) before any team decided to attempt them. There's a great deal of research that goes ahead of implementation, so absent that, it looks like fool's gold.

I don't care what people do with their money, just don't push unknown cryptography on the rest of us and act like it's a foregone conclusion, or even a legitimate bet.

Generalizethis is a Monero die-hard thats been attacking competitors to Monero for years. This is what he said about Dash back when he was FUD'ing it a few years ago:

Quote
A loosing campaign? Loosing the truth from the grasps of dashtards, maybe. This revolution hasn't started or won't start anytime soon (or won't start ever). It's really premature to count a few million in market cap as significant when real success will be counted in multiples of billions above the current Bitcoin market cap. And last time I checked dash's market cap had stagnated, so I'm not sure where you see the success or the winning campaign. It even seems that Dash has declined with the Evolution and the parallel marketing push. I think a reality check is in order.

He was saying Dash had HORRIBLE prospects of success as well. Where is Dash comparatively to Monero in market cap at this moment? He can claim Dash is still a shitcoin/scam as well but denying its current market cap success (by HIS standards in the quoted post), is also laughable. In reality, XSPEC implementing Stealth Staking is a very real possibility. The developer is still working on a white paper explaining it and still has a plan for a rough Q2 2018 release. Ask yourself why Generalizethis is so invested in calling XSPEC a scam? The only reason he is fudding the prospect of Stealth Staking is because he sees it as a threat to the market share of Monero. Stealth Staking would change the game for privacy coins, and rightfully so.

Come back to this post at the end of the year and see who had it right. Anyone claiming Stealth Staking is IMPOSSIBLE is just as bad as the kids believing 100% that it WILL be implemented. Wait and see.

Regarding the topic of this thread, I definitely see Monero staying as the top dog for privacy coins. It basically has first-mover advantage and is already a solid, working privacy coin. I do think if XSPEC successfully implements all of its planned features it will eat up a lot of the market share of privacy coins, and could be seen as a good alternative of Monero.

If you want to cherry pick quotations that's fine. The market proved that I was right about dash as a privacy coin--or does anyone,who isn't a dashtard or a noob, still considered it a privacy coin? Also, dash had an innovation, unlike spectrecoin, masternodes, which happen to be great at keeping coins off the market and the price artificially high. Sooner or later dash will be exploited (13 algos is 12 too many), but I am patient and don't need coinmraketcap to validate my opinion week to week. As for spectrecoin, it has an unknown dev claiming something that no cryptographer has even ventured to posit as a possible design, so not really going out on a limb to say, "Come on, really?"

I was also buying Monero at .25 so I can see potential as well as flaws--it's just that the majority of privacy coins are vaporware or a terrible implementation of a potentially good solution (like I'll more than gladly use Zcash after sapling's implemented, but still won't hodl any as no one can audit the coin supply ).

I have nothing against spectrecoin and it would be great if anonymous staking is a thing, but there is no good reason to believe it other than gambler's logic. The real competition will be SPECTRE (the one Monero may implement), mimble wimble, Zcash after sapling, and a Zstark implementation that seems, at least theoretically, an upgrade to Zsnarks.  
full member
Activity: 126
Merit: 100
January 25, 2018, 04:18:01 PM
#33
from your list ZEC, XMR
not from your list KMD
jr. member
Activity: 63
Merit: 7
January 25, 2018, 04:17:52 PM
#32
Couple that with default stealth addresses and stealth staking to come in Q2 of this year, and you've got a speculative winner.

Ya, got any proof for that, like a white paper?


No. I only have the word of the dev team. That's why I said SPECULATIVE winner.

If I'm wrong, then its all for not, and I look like a fool. That's the nature of the beast.

Much easier to look the fool with a noob account--some of us have a body of work to protect and can't shill every shitcoin that comes down the pipe with claims of, "We have magical powers and #1 privacy!"

Spectrecoin has one of the worst prospects of success--no known cryptographer is actively proposing an anonymous staking system, so the idea that an unknown dev is pulling it out of his ass is pretty unconvincing.

If you look at ring-signatures, mimble wimble, zsnarks, zstarks, SPECTRE (not Xspec)--these were all well known and reviewed (at least in cryptography circles) before any team decided to attempt them. There's a great deal of research that goes ahead of implementation, so absent that, it looks like fool's gold.

I don't care what people do with their money, just don't push unknown cryptography on the rest of us and act like it's a foregone conclusion, or even a legitimate bet.

Generalizethis is a Monero die-hard thats been attacking competitors to Monero for years. This is what he said about Dash back when he was FUD'ing it a few years ago:

Quote
A loosing campaign? Loosing the truth from the grasps of dashtards, maybe. This revolution hasn't started or won't start anytime soon (or won't start ever). It's really premature to count a few million in market cap as significant when real success will be counted in multiples of billions above the current Bitcoin market cap. And last time I checked dash's market cap had stagnated, so I'm not sure where you see the success or the winning campaign. It even seems that Dash has declined with the Evolution and the parallel marketing push. I think a reality check is in order.

He was saying Dash had HORRIBLE prospects of success as well. Where is Dash comparatively to Monero in market cap at this moment? He can claim Dash is still a shitcoin/scam as well but denying its current market cap success (by HIS standards in the quoted post), is also laughable. In reality, XSPEC implementing Stealth Staking is a very real possibility. The developer is still working on a white paper explaining it and still has a plan for a rough Q2 2018 release. Ask yourself why Generalizethis is so invested in calling XSPEC a scam? The only reason he is fudding the prospect of Stealth Staking is because he sees it as a threat to the market share of Monero. Stealth Staking would change the game for privacy coins, and rightfully so.

Come back to this post at the end of the year and see who had it right. Anyone claiming Stealth Staking is IMPOSSIBLE is just as bad as the kids believing 100% that it WILL be implemented. Wait and see.

Regarding the topic of this thread, I definitely see Monero staying as the top dog for privacy coins. It basically has first-mover advantage and is already a solid, working privacy coin. I do think if XSPEC successfully implements all of its planned features it will eat up a lot of the market share of privacy coins, and could be seen as a good alternative of Monero.
newbie
Activity: 2
Merit: 0
January 25, 2018, 04:03:23 PM
#31
Of the ones you listed Monero is the most likely to become popular but there are better ones out there IMO.
member
Activity: 68
Merit: 10
DhrX89dGj4JUtm7ueVanTqnPyewp49xwjA
January 25, 2018, 03:02:06 PM
#30
deeponion will definitely make it. This coin is a strong and reliable coin with big projects coming up. You should take a look at the site. Also the community is very nice and friendly.
sr. member
Activity: 798
Merit: 263
January 25, 2018, 02:56:20 PM
#29
There are multiple forks of the top privacy coins Zcash and Monero that are undervalued such as
Sumokoin, Hush and Zencash. In addition, Zcoin, Cloak, Verge should be  good to hold as well.
member
Activity: 161
Merit: 10
January 25, 2018, 02:42:59 PM
#28
Everyone seems to have forgotten ZEN, as picked by Teeka in PBC. It wasnt picked without reason, slowly they are improving the platform (yes, its not just for payments) and i believe they have a lot in store for the months ahead. I'd recommend getting enough for a secure node while theres time (only 42 coins required).
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