any input or thoughts from the XMR camp? Does this mean Eclipse is cryptograhically anonymous?
They seem to have at least tried to fix the one identified flaw in SDC. Whether SDC has other flaws they didn't fix or whether their fix is even correct is not something anyone can answer without spending a lot of time reviewing it all, which probably won't ever happen.
Valid points, I am hoping they will be able to get their 'fix' properly reviewed.
Assuming the fix is indeed correct, would that mean that it is then truly anonymous?
In other words: if recently exposed flaw in SDC anonymity was fixed, does it make SDC as/more anonymous as XMR? or is SDC still inferior to XMR for anonymity?
What about the other 99.999% of SDC, developed by the same people who made a basic math/crypto error, and which no one has ever reviewed?
Shen found that one flaw effectively by accident, while working on something else.
If SDC were comprehensively reviewed, then one could make claims about it. At this point, I would not.
Thank you for your replies, this must mean that the premise behind SDC anonymity must be somewhat sound/reasonable (?) although yet to be reviewed.
If the premise behind SDC anonymity was completely ridiculous or unreasonable there would have been mention of it from somewhere at the least.
I am curious as to what the differences between SDCs proposed anonymity and XMRs anonymity is... I will look into it unless you can point me in the right direction. That would save me much time and be greatly appreciated
Smooth can confirm or deny, but I don't think any optimism was intended in his comment above. It doesn't matter how reasonable SDC's "premise" is if the developers are making such fundamental mistakes in the math. The entire SDC chain has been
de-anonymized.
I understand that he was not being optimistic but the points he raised had me thinking about whether SDCs anonymity is flawed as a whole or if certain parts of its anonymity is flawed. If the former is true then there is potential, if the later is true then that is that.
Does the same apply for XMR? Is it anonymous because it has not yet been proven otherwise/reviewed or is it anonymous because it is truly anonymous? Could a potential flaw that is discovered down the road lead to XMR being deanonymized as well?
Thank you for your replies, I have recently become more fascinated and interested in the anonymity aspect of cryptocurrency.
No one can 100% guarantee anything, but Monero's fundamentals have been reviewed by competent people who have said that the original developers were also competent. The core cryptographic code has also been carefully reviewed, with its origins determined in most cases, and its correctness checked multiple times.
Higher level aspects of the anonymity implementation have also been reviewed, various potential weaknesses identified in MRL-0001 and MRL-0004, and improvements implemented. We continue to work hard toward further improvements such as RingCT, which is written up in a detailed paper and is being peer reviewed.
SDC has done none of this. Sorry to be frank in a way that may be perceived as hostile but if I'm honest I can only say that it was and is an amateur effort in my opinion, and someone who forks from it while fixing one flaw is being no less amateurish and irresponsible. You will have to make your own judgement about the quality of Monero's effort.
it is reassuring to hear that XMR has been thoroughly reviewed. Did not know that SDC was never seriously reviewed by anyone.
I realize that eclipse is most likely just another coin that will be forgotten within a few months, I was more curious about the validity of SDCs anonymity
However if eclipse does indeed fix SDCs flaw, then in reality it is better than SDC (as long as the flaw is present) even if it is newer.
Your replies have made me realize that any developer that is seriously concerned with anonymity would most likely create a XMR clone instead of any btc/shitcoin clone (is this fair to say?).
The only other serious contender in anonymity seems to be zerocash, which I hear will be launched soon.