Which is the best privacy coin, and why?
What I know so far
>Monero
Unusable. No SPV wallets
>ZCash
Too inflationary
>Bitcoin Private
Centralised governance, premined via early accumulation of zclassic, no scaling plan etc.
Also they want lightning network which isnt even private. Strange.
>Verge
Scam
Also monero has such a depressing name and logo
Zoin and there is an Airdrop coming up in 7 days for a privacy platform.
>>Bitcoin Private
>Centralised governance, premined via early accumulation of zclassic, no scaling plan etc.
>Also they want lightning network which isnt even private. Strange.
Add that to scam list.
Wanchain: privacy transactions, smart contracts and blockchain interoperatability
monero-chan is cute though
Straks
why is zcoin always forgotten in these threads? It’s the best privacy coin out there right now
Why is Verge a scam? It has the best privacy features of them all. And TJ/MG is parnters with them.
That is a company that makes more revenue than fucking MICROSOFT.
Then elaborate it. I never excluded it from this thread i was ASKING what the best coin is
WAN
COLX
BTCZ
- No-ICO
- No-Dev Tax
- No Pre-mine
- No Chain Fork
BitcoinZ features
- Bitcoin technology
- Anonymous transactions (zk-SNARKs privacy) - Bitcoin has all transactions publicly available.
- decentralized GPU mining (ASIC miners are banned, hardforks to prevent ASIC miners are allowed)
- Decentralized development / All contributors are volunteers
- Big blocks -> blocks are similar to BCC / BCH
- 21 billion coins - All in the world can have at least one BTCZ
>buying anything other than monero
>needing a GUI wallet like a brainlet normie
>not realizing monero means coin in esperanto
Compare Monero to BTCZ
Cloak
Easy answer
COLX
This. Only privacy coin with plans for a marketplace - why else would you want a privacy coin
ZERO IS A FORK (ZCASH)
GPU ONLY…….FUCK OFF ASIC
Z E R O
ZERO IS A FORK (ZCASH)
GPU ONLY…….FUCK OFF ASIC
Z E R O
ZERO IS A FORK (ZCASH)
GPU ONLY…….FUCK OFF ASIC
Z E R O
AND THE PRICE !!!!! VOL !!!!!!! MKCAP!!!!!!!!!!
FORGOT
$100 EOY
It's a good functional coins but the dev. The dev of this coins literally killed it.
>Got hacked
>fixing it by copying the same code he made few years ago without any actual change.
>Got hacked again.
Now imagine y buying a coins that people can have it for free and dumb their bags on y.
best part about zero is no one on biz talks about it
so you know its good
privacy focused
the best one hasn't been fully developed so far
hint: it will have to be a DAG + privacy coin
buy now or cry later
zero will be hero
I'll elaborate and I'll use props. Check out this link and remember that bulletproofs give ZCoin perfect recipient and sender privacy as well as remove the trusted set-up (so ZCoin has zero privacy weaknesses). Now I'll list the differences with ZCoin compared to the coins with developers that lie to you.
ZCash isn't private, you can trace people from the public to private layer unless they do manual mixing, and even if they do manual mixing you can still have a good chance at guessing which transactions came from where. ZCoin on the other hand already mixes transactions and with bulletproofs (coming out in a few months) it will be completely impossible to know anything about incoming or outgoing amounts. Furthermore ZCash private transactions take minutes to complete so it can't be used for retail transactions. Finally ZCash has no coin auditability, meaning you can't perform coin audits to ensure there have been no bugs that duplicate coins, you just have to hope no duplicate coins have been made due to a bug. Lastly ZCash is a trusted set up and I don't think they can remove that from their protocol, unlike ZCoin which is removing the trust with bulletproofs.
The next coin that likes to lie to you is Monero. Monero has much lower privacy than they tell you. Its anonymity set is actually 7, meaning the transaction can be narrowed down to being one of seven people. That being said this privacy resets each transaction so if you do multiple transactions in Monero, you will be fine, but once again, with ZCoin you don't need to manually mix, it has a high enough anonymity set, you simply mint your coins once and that's it. The last issue Monero has is forced privacy which negatively effects many smart contracts. The simplest way to utilize smart contracts on a blockchain is simply by using the publicly available data on a blockchain, Monero, which forces privacy onto all transactions make these smart contracts hard as the data is private
Moving on to Bitcoin Private. How on earth do you expect a coin with only 500,000 coins yet to be mined to be safe? I'm serious. Look at the hashrate on this coin. Since the block reward is so low, it takes very little to 51% attack this coin. Add on top of that the fact that this coin is Segwit enabled, meaning when a 51% attack occurs the miners can redirect all coins in that block to themselves, and you have a disaster. Not to mention Bitcoin Private uses the same technology as ZCash and is therefore exponentially slower than ZCoin, requires manual mixing by the user to be fully private while ZCoin requires nothing, it uses a trusted set-up meaning you are trusting people as well as code, and the private part of the blockchain is not auditable meaning if a hacker can duplicate coins on the private part of the blockchain no one will know and he can infinitely inflate Bitcoin Private into nothingness and no one can stop him.
As far as Verge goes, check the link in my earlier post. All Verge is, is a blockchain with stealth addresses run by an idiot who not only has seen multiple 51% attacks already, but decided that in 2 years time the block reward drops to zero. Meaning the only incentive for honest miners will be transaction fees which means 51% attacks will become almost free. Again, just look at the chart and see how "private" Verge is. Of course they could adopt a privacy protocol, like bulletproofs, but I don't think Sunerok is competent enough.
news.bitcoin.com
I suck I forgot the link in my first post. Here it is!
Monero "ICO sold" kek. And "no optional privacy" in red rekek. Go away with your shitcoin.
worth mining this with a decent laptop with an external nvidia gpu?
DAPS is looking very promising, a 1:1 swap from peepcoin, has literally went from nothing to something in the last short while with a fuck ton more room to grow. Moving a very impression amount of volume for a shit coin too. Potential Verge growth here.
I have 2 cards dedicated
sleeping giant
mining with a laptop ? seriously ?
tbolt 3 right ?
not a bad idea though you should look into it
especially if its just sitting
idle
will somone unshill me zero
exactly
DAPS. if your not in Peepcoin/daps and you hold privacy coins your doing it so wrong.
Stop wasting your time on privacy coins.
Japan has banned privacy coins.
investopedia.com
German exchanges will not list privacy coins anymore.
Only a matter of time other countries ban privacy coins.
Huge dump incoming.
He doesn't know he just thought the logo looked cool and bought/mined it.
Bet he'll say "Read the whitepaper"
No love for Zencash?
Zencash. Its going to have fucking DAG like speeds.
Monero ICO? AND your coin has no default privacy on.
So your chart is wrong and you should feel wrong. Have your facts straight user.
>Monero - ico sold
Congrats on the extra chromosome
eventually banning all cryptos will be inevitable.
There is no in-between zone where a government would allow other than their own issued currency to be legal because they lose their power over the people like that.
All I'm saying is that banning and price falling is short-term. In the long term banning will just prove how governments are unable to actually enforce the ban and the price will rocket.
MSR is the only legit fungible monero fork and will implement better scalable tech before monero does and comitts back to xmr network.
They've basically hired IOHK to sort them out with spectre right?
The team is pretty serious about how they approach everything
Masari you dumb fucks. MSR ffs this board is delayed by about 5 months.
DYOR but masari
BTCP
pls buy sir great investiment sir many gains sir
Check out $PART
Lots of shilling in here. It's Monero, op. That's it. The only answer. Use MyMonero if you need SPV like wallet. They're about to launch a desktop wallet so you don't need to trust your browser. Can use it already if you get it from github.
There won’t be a need for a privatecy coin. NIX platform can make any coin anonymous.
what privacy plattform?
unless you're buying drugs, privacy coins will be the first class of coins to shit the bed if more regulatory fears are insinuated by the media
Dero after the alantis update unironically
SKY. CLOAK would be good too if the fees werent so damn high
What about zencash? It was a pbc call
This is the correct answer that no one is talking about.
PIVX
pays dividends, proof of stake, wallet
Monero and .Masari will remain best-in-class for rhe foreseeable fiture
optional privacy is a meme. monero is the only good privacy coin
if you're holding any of teeka's pbc call ur down 90%
fck that bald headed pajeet
You guys really think any privacy coin has a future after what Enigma just released?
Enigma just showed off a working protocol that can attach to ANY existing block chain. Including ETH and BTC to allow truly private transactions.
Monero and every other privacy coin is now obsolete
>someone call?
>no stop loss
Btcz is going to be the privacy coin of the future. Huge community supporting it.
What a piece of shit chart. Your a fucking dumb human being. Why doesn't someone just make everyone take an IQ test and if they are sub triple digits they have to donate their brain to R&D or if they reproduce they get the death penalty.
XSH