Can we conclude that Monero is one of the few fully functioning private cryptocurrency networks currently?
Can we conclude that off chain data (ip addresses) are something that needs to be addressed for all private cryptocurrency networks?
Can we conclude that a possible technical improvement to Monero would be some kind of zero-proof knowledge thing?
TPTB, I commend your enthusiasm, but one of the problems I think in this conversation is a lack of brevity. No one has time to read ALL of this, so things are missed, and you get frustrated. If you want to have useful discussions, it's probably better to not have paragraphs of text, regardless of how much needs to be said. Writing 1 paragraph is much more difficult than writing 10 pages.
Off the top of my head to return the favor for you not deleting posts and I may be missing a few points:
- zk-snarks can be used to make any script anonymous, not just currency as for CN/RingCT
- Anonymity of Zerocash (ZC) is never compromised by compromising the masterkey, only the coin supply is.
- ZC makes the entire block chain a blob uncorrelated to meta-data, whereas CN/RingCT have distinct UTXO which can be so correlated.
- ZC doesn't require Tor/I2P thus has more degrees-of-freedom and is End-to-End principled, whereas CN/RingCT are not.
- Both ZC and CN/RingCT can lose anonymity or have undetectable increase in coin supply if the crypto is cracked.
- CN/RingCT has the lowest common denominator anonymity which is usually I2P, i.e. maybe 99% vs 99.999% for ZC.
- Businesses will favor the more provable, more End-to-End freedom choice of ZC.
- I think the chance of jail time when using CN/RingCT for any action that the State doesn't want you to do, is very high. The anonymity is not robust, as I summarized above.
- I can't think of any user adoption markets of any significant size of CN/RingCT, other than selling it to speculators. In other words, I view CN/RingCT as just another pump job albeit with some strong developers (who hopefully will get better leadership).
- I am saying that CN/RingCT is not a viable technology. So arguing that it is the best we have for now, IMO doesn't make much sense, unless that is just a sales pitch to speculators (again keeping in mind the Securities Law and the Howey test in the USA and the implications of leading speculators into an investment with misleading prospectus and not registered with the SEC).
As you digged deeper into the topic and talk about businesses adopting ZC rather than CN... does ZC have the option to be auditable? Real Businesses favor something that can be audited. Can you actually proof you own xxx Amount of ZC without handing over your whole keys? CN got Viewkey for that, what does ZC have? ( besides neither guesses, of what or what not businesses will adopt by us actually hold any fact or argument, as its not up to us but those who run the businesses.
Sorry for the bad english hope you get the points