/biz/ - Business & Finance

>>29771206
>but I do believe that the zksnark method is true zero knowledge, compared with RingCT and less strong methods of concealment used by monero

The Monero team has stated that if ZKS ever become reliably proven and preferred they will likely adopt them. Right now nobody is quite sure yet.

>I dont understand why anyone would use monero over zec

https://www.reddit.com/r/darknet/comments/ksj5b9/why_monero_and_not_piratezcash/

>>29741726
>Bitcoin is HTTP.
>Monero is HTTPS.

Zcash is HTTPS.

Monero is .ONION

Post on r/darknet:

>Why Monero and not Pirate/Zcash?

"Can somebody please explain to me why darknet markets still use Monero when chainalysis is knocking on the door? Yes I know that Monero has the first mover advantage, but zk-SNARKs is the superior technology here."

"Zcash (optional z-address use) and Pirate Chain (mandatory z-address use) both use zk-SNARKs, so why do darknet market still choose to use Monero?"

"I'm surely missing something here or are they just misinformed? Don't get me wrong I love Monero, but technology is evolving, is the "general" public just behind?"


Top answer:

"Monero really is the most private in real-world use."

"Zcash and ARRR have 1 or 2 points that are theoretically better (more mixins) but it doesn’t matter how good the mixing is if your txn was the only one that happened at the time the adversary was looking"

https://nakedsecurity.sophos.com/2013/12/20/use-of-tor-pointed-fbi-to-harvard-university-bomb-hoax-suspect/

https://www.reddit.com/r/darknet/comments/ksj5b9/why_monero_and_not_piratezcash/


TL;DR: until the darknet community starts taking Zcash seriously you can safely disregard it.