I believe it is because no altcoin has shown enough promise for largescale use, such as litecoin was a decent coin and gained a fair amount of trust in the community for having strong dev's and a good name (rep).
Topic: Why are no anonymous altcoins being widely utilized? - page 5. (Read 5352 times)
It seems like there is a big demand for anonymity, and not just for nefarious purposes. The altcoins which offer anonymity, ranging from Anoncoin to the CryptoNote coins, have never really taken off. The ability to make anonymous transactions with any number of altcoins is available, but nobody seems to be using them on a sizable scale.
So, why do no altcoins which feature anonymity have a price over 10 USD? And why are they not more widely utilized? And please, let's not turn this into another "why X altcoin is better than Y altcoin" thread: I would just like to know why none of them have been widely utilized.
Disclosure: I have a handful of each of the CryptoNote coins and Anoncoins, but mainly use/invest in BTC.
Thanks for your opinions.
because they are still immature and or appear to be a scam.So, why do no altcoins which feature anonymity have a price over 10 USD? And why are they not more widely utilized? And please, let's not turn this into another "why X altcoin is better than Y altcoin" thread: I would just like to know why none of them have been widely utilized.
Disclosure: I have a handful of each of the CryptoNote coins and Anoncoins, but mainly use/invest in BTC.
Thanks for your opinions.
I'm following them myself and I'm on board when my skepticism radar doesn't ping.
I bought a few coins of one I like for now only time will tell how it matures though.
While I am a supporter of bitcoin, the love is fading fast. It's like the old ford model T's. The horseless carriage is here to stay.
Which one we drive is another story.
I want my digital currency to act like cash but more. I thought bitcoin would be it when I signed up years ago.
I now feel different about that. I don't believe I'm the only one at this point either.
And no I'm not a pedo or a terrorist but it's none of your dam business what I spend my cash on and I want my digital world to be the same.
Can you trace a Dogecoindark payment? If so let me know.
We are not playing games here. We are talking actual worldwide adoption. Your darkdarkcoindark wont hold a candle when influential powers like the government turn anti. Go get yourself educated on what type of research is going on in cryptonote technology by monero devs, cryptographers, and scientists.
This is not a playground, you cannot become untraceable by adding a 'dark' in front of your name.
Dogecoindark does mixing of coins which can be done same way with any bitcoin mixing service. When these centralized mixing nodes are attacked, Hooray, you are naked
Will snowden use dogecoindark for his privacy?
There are only two coins which can be called anonymous - Darkcoin and Monero.
Darkcoin - Use of third party controlled masternodes for mixing system. Uses coinjoin like darwallet and bitcoin mixing services
Monero - Mixing system built into protocol itself. Has very high inflation. Low current price
Both these coins have been around for a year only, so the market is still very young
Decide which one you want and hold for 3 years
Darkcoin - Use of third party controlled masternodes for mixing system. Uses coinjoin like darwallet and bitcoin mixing services
Monero - Mixing system built into protocol itself. Has very high inflation. Low current price
Both these coins have been around for a year only, so the market is still very young
Decide which one you want and hold for 3 years
Can you trace a Dogecoindark payment? If so let me know.
There are only two coins which can be called anonymous - Darkcoin and Monero.
Darkcoin - Use of third party controlled masternodes for mixing system. Uses coinjoin like darwallet and bitcoin mixing services
Monero - Mixing system built into protocol itself. Has very high inflation. Low current price
Both these coins have been around for a year only, so the market is still very young
Decide which one you want and hold for 3 years
Darkcoin - Use of third party controlled masternodes for mixing system. Uses coinjoin like darwallet and bitcoin mixing services
Monero - Mixing system built into protocol itself. Has very high inflation. Low current price
Both these coins have been around for a year only, so the market is still very young
Decide which one you want and hold for 3 years
Bitshares is anonymous, and is ranked no. 4 on coinmarketcap.
Anon coins were the next wave of coins the pump and dump spinsters grabbed onto.
In this case there actually was a subset of BTT users who wanted this feature.
I too think it would be a nice thing to have, but not such an important feature to be the stand alone and stand out feature in a coin.
I put it up there with being able to have aliases or send messages with transactions. It's cool, but not a deal maker and not nearly enough to break Bitcoin.
Also..... There has been a lot of work on Darkwallet for Bitcoin which basically gives some level of anonymity to Bitcoin. It's already in beta. And if it works, then basically every alt can just port that wallets tech into their platform.
So to sum up, anon is nice, but it's not that important or that special to really get a nice market.
In this case there actually was a subset of BTT users who wanted this feature.
I too think it would be a nice thing to have, but not such an important feature to be the stand alone and stand out feature in a coin.
I put it up there with being able to have aliases or send messages with transactions. It's cool, but not a deal maker and not nearly enough to break Bitcoin.
Also..... There has been a lot of work on Darkwallet for Bitcoin which basically gives some level of anonymity to Bitcoin. It's already in beta. And if it works, then basically every alt can just port that wallets tech into their platform.
So to sum up, anon is nice, but it's not that important or that special to really get a nice market.
First sentence runs in contradiction to the title. Beyond trolls on Bitcointalk, who has any real use for anomymity coins beyond pedophiles and terrorists? Ditto. I'm sure people will come out of the wood work to naysay me but you know I am right.
Besides anonymity coins are the worst idea to have ever come to crypto currency. This technology only has a working concept due to the blockchain concept (public ledger) and people want to get arid of that. If there was no public ledger then I might as well be buying Starbucks Gift Cards or Amazon Points..
Besides anonymity coins are the worst idea to have ever come to crypto currency. This technology only has a working concept due to the blockchain concept (public ledger) and people want to get arid of that. If there was no public ledger then I might as well be buying Starbucks Gift Cards or Amazon Points..
Anonymity is a fad that people can now see is dying.
First sentence runs in contradiction to the title. Beyond trolls on Bitcointalk, who has any real use for anomymity coins beyond pedophiles and terrorists? Ditto. I'm sure people will come out of the wood work to naysay me but you know I am right.
It seems like there is a big demand for anonymity, and not just for nefarious purposes. The altcoins which offer anonymity, ranging from Anoncoin to the CryptoNote coins, have never really taken off. The ability to make anonymous transactions with any number of altcoins is available, but nobody seems to be using them on a sizable scale.
So, why do no altcoins which feature anonymity have a price over 10 USD? And why are they not more widely utilized? And please, let's not turn this into another "why X altcoin is better than Y altcoin" thread: I would just like to know why none of them have been widely utilized.
Disclosure: I have a handful of each of the CryptoNote coins and Anoncoins, but mainly use/invest in BTC.
Thanks for your opinions.
So, why do no altcoins which feature anonymity have a price over 10 USD? And why are they not more widely utilized? And please, let's not turn this into another "why X altcoin is better than Y altcoin" thread: I would just like to know why none of them have been widely utilized.
Disclosure: I have a handful of each of the CryptoNote coins and Anoncoins, but mainly use/invest in BTC.
Thanks for your opinions.
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