/biz/ - Business & Finance

>>24341361
The toilet

>>24341361
zcash and dash are going to 0, completely replaced by sidechains that can do the same thing
glowies are going to try their hardest to make sure Monero doesn't moon, so idk.

>>24341361
The narrative of privacy coins - will cause them to shoot up.

spot the fake

>>24342141

>>24341361
Zcash and dash are both trash.
Monero is the king of privacy.

Decred will beat them all

ZCash just had its first halving date last week. I can see that one rising in value in 2021.

Dash is gonna be another good long term hold because it has a similar halving date in 21

Idk what y’all are smoking

>>24342774
Weed
That we bought with monero
In a darknet market
Because ita the real privacy coin

>>24341361
ZEC is forming a huge multi-year cup and handle pattern. If you don't hold any ZEC at this point, you must not like shielded wealth.

>>24342774
kek. no one uses this.

>>24342774
>developer at wells fargo
kek. probably building out things with JSP

lmao dash

>>24341361
I think a study came out where like 15% of users actually use the Z-cash's shielding/privacy feature and even then its really not at all secure. Plus most exchanges dont even support the feature. This in turn leads user believe that Zcash is private just by sending it just like monero, BUT that is not the case, you have to activate it.

Hot take: just knowing that Monero is being kicked off of several exchanges is more than enough to buy. Plus the IRS has a bounty on the fucking thing. Buying Monero is owning a piece of the future black market.

On stakenet dex

>>24343375
yes shield my wealth with a coin that has trusted setups, dev tax, optional privacy

>>24344419
>an XMR fag with 2017 fud
kek. you're all the same.

>>24341361
You can trade all 3 of those with up to 100x leverage here
bit ly slash evlvmkt

>>24344946
fud? prove me wrong then

>>24344946
It’s not fud. Those statements are all true. Fud would be saying your coin is a >>24344946
Zionist back door, which it probably is.

>>24345016
Begone pajeet this is a first world only thread.

>>24344419
>trusted setup
Halo removes this requirement
>founders reward
Community voted for funding to keep development active
Sometimes projects evolve, believe it or not. XMR and DASH sure as shit aren’t as much as ZEC.

>>24345674
What percentage of your shitcoin transactions are shielded?
Why isn’t it being adopted on the dark net like monero?
Why support a centralized model?

>he didn’t buy the gold standard

>>24346083
Oh wow, this is just sad.

>>24346135

>>24341361
down. Dash isn't private, Zcash has a backdoor, Monero is a government honeypot. I use 0xMR, the future of privacy is on Ethereum.

>>24346607
nope. 0xmonero is still vaporware bullshit
just like the last hundred times you spammed it
shut up
https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/

>>24345884
stay poor faggot. it's clear you're built not to make it.

>>24346607
not only do you shill your worthless coin, but you lie about a legit project
you're scum twice over

I'm all in on zec. Plz no bully

Out of the 3. Monero is the one to do well.

>>24346876
Thank you to the anons who post this, it is hard to believe that people fall for this scam. I was honestly thinking that 0xmonero was just a joke lol.

>>24346876
Thanks for the bump friend. Read the summary of findings where the benefits of using 0xMonero are clearly outlined and 0xBitcoin shills are exposed.

>>24347735
you're an idiot if you think it helps your case.
people can read.
people have reading comprehension.
people have brains that work.
they're going to read your bullshit and know it's bullshit.
it's easy to see.
all you ever do is lie.

>>24342554
CoinShuffle++ doesn't mask transaction amount.

>>24347967
Thank you for the bump again friend and thank you for helping spread the word about 0xMonero. The number of holders are increasing thanks to your hard work. The project wouldn't be as successful as it is without your contribution.

>>24347053
Me too. These retards dont know shit. XMR is already tracable. The 15% shielded zcash has a vastly larger anonimity set. With halo 2 it will become the only truly scalable layer 1 pow chain. Moronero has infinite supply no 21000000 cap like zcash.

>>24345362
Gee backdoors in open source software. How come no one is able to find it in the public code and to point it out.

>>24341361
Monero will always have the threat of being cracked or banned, always, until one of them happens. Oh, you dont think that? Well, the normies do and they will rather just be safe and buy something else. Monero can never win.

>>24344419
This bears no relevance the guy tole him he was sending a transparent transaction at a specific time and then the other guy searched all t > z transactions on a blockchain explorer at that time and got lucky that there werent that many.

>>24348376
>XMR is already tracible.
Prove it nigger. Also mind me asking why the darknet uses it then and why governments are banning it/setting up bounties for cracking it of its tracible and not a threat to them at all? Zcash is trusting your privacy to a third party. XMR has that built in without third party interaction.

Did you know about DuckDAO (duckdao.io)?
Not long ago I found their announcement about the first hunters season, and it seems like it is profitable to hold and trade DDIM. What do you think

>>24342183
Zec i vastly technologicaly superior than xmt or dash. Sidechains on what ether? You do realize that wouldnt exist without the zec team. Which made another significant fundamental breakthrough in cryptography allowing them to scale the chain to acctual usable levels on par with legacy financial systems?

>>24341361
I've browsed this board for years and still have no idea what fucking Zcash is.

>>24342506
Im sorry to burst your bubble.
https://news.bitcoin.com/ciphertrace-patents-monero-transactions/

>>24343983
Infinite supply and tracable.
Useles coin I dont knpw what you expected from a lead dev that calls himself fluffypony
https://news.bitcoin.com/ciphertrace-patents-monero-transactions/

>>24346607
Can you show us the backdoor in the open source code please?

>>24348500
https://news.bitcoin.com/ciphertrace-patents-monero-transactions/

>>24348570
The problem with zcash is that that it is a privacy coin that uses a 3rd party(the zcash team effectively) to keep your privacy secure in a "privacy pool". This means that technically, the team now has a massive target on its back and a leaker could ruin the project entirely. Monero I consider to be better due to it doing that without the 3rd party, so instead of trying to crack the people, they have to try and crack the math. There is a reason why Monero makes governments shit the bed and ban it or put bounties on it and Zcash does not.

>>24348500
https://monero-badcaca.net/

>>24348591
>>24348611
>>24348641
CipherTrace, the CEO tweeted 3 days ago that "no one can trace Monero deterministically yet" and the IRS refused to give them a contract to trace Monero. It is presumed that they are building a tool which gives probabilities of transactions originating from certain addresses, which has been a known technique for years. It's also been known that it is not feasible to trace transactions for more than a few hops this way before your "most likely candidate" has a likelihood of 0.0001% of being the originator of the transaction.

Source on CipherTrace CEO tweeing that nobody can track it: https://twitter.com/davejevans/status/1330008956270374918
But by all means, keep doing whatever shit you are doing. I'm sure governments around the globe are shitting themselves over monero for no reason but leaving zcash alone for a perfectly good reason.

>>24348645
Lol no thats not how the trusted setup works. If one had all of the 100 and odd codes called toxic waste one would be able to counterfeit zcash. The shielded pool has nothing to do with it. Trusted setup will be removed q1 2021 as well as making the chain truly scalable.

>>24341361
kek

>>24348666
South Korea is supposedly bannong zcash too. Come on the lead monero dev said zk snarks are vastly superior to xmr obfusciation technology and has said that if trusted setup could be removed xmr would use them. Guess they will be relying on the zec team q1 2021 and copy pasting their code.

>>24348666
The Monero devs themselves have outlined a number of ways in which Monero can be tracked. You are naïve if you think the NSA etc. can't/haven't been tracking Monero, they likely created it. CipherTrace isn't the only entity tracking Monero.

Even if Monero theoretically isn't being tracked now, which it is, the fact that it is UTXO based means that all coins carry a history of every where they have been since they were mined. At some point they will be tracked and you will be found. Ethereum and Ethereum tokens like 0xMR are account based, not UTXO based and individual tokens have no history, they exist in the EVM.

>>24348708
>>24348753
>It will do what its supposed to in the future
And Monero already does that now AND wide scale adoption on the dark net. Again, don't know why you think governments WORLDWIDE going after Monero but not zcash is not a massive red flag for you. Not saying its a scam coin, but its clear which coin actually does what it says it does or at least the best based on the global reaction to it. Governments DONT react this way to things they feel are non-threats, especially not multiple governments at once.

>>24341361
actually its monero, doge, decred

>>24348796
Again privacy has nothing to do with trusted setup. XMR has been around longer and ZEC was in its high inflation phase diring the first four years. XMR also has higher liquidity atm which makes it better suited for DNM

>>24348796
And lets not fool ourselves the slice of the dnm pie is mostly BTC and XMR usage is very small compared to it so Im guessing its liquidity/stability thhat merchants favour.

>>24341361
Compared to XRP and XLM? Shit.

>>24348857
>>24348955
Longer around doesn't matter for what I'm trying to explain to you. Let me put it another way: Have you ever asked yourself why many mainstream exchanges and Coinbase, the largest onramp in crypto and very close with the IRS, doesn't allow Monero but DOES allow Zcash? Why would they allow that? Someone knows something we don't, but their actions give it partially away. I think you are calculating the hydrodynamics of your sail boat but not bothering to stick your finger in the air to see which way the wind is blowing as it were.

>>24349000
Well I am praying that there us more to this. Because if the goverment wants to trace anyone zec needs way more addoption than ot has. And how do you gain addoption in crypto? By pumping the price. Lets face it narratives are a meme were all here for the money. I doubt it though. I think they dont feel threatened bg the tranparent addresses which are basically just bitcoin. This makes it extremely easy to implement.

>>24346607
N

>>24349118
That's just it and why Zcash has me worried. It looked like a decent project for a certain opsec risk level until I saw it pop up on Coinbase. Like really? IRSbase is going to introduce normies to a coin that will let them dodge all their taxes and buy anything illegal they want? Privacy coins are supposed to generate a certain reaction from the people whos jobs it is to keep track of all our transaction history and money amounts. When I see Zcash practically be endorsed by these people via Coinbase that makes me suspicious. But Monero? It's the exact reaction I am looking for and expect from a functioning privacy coin by obviously making these people afraid of something, and that's a good thing.
They should be.

>>24349386
Zcash isn't on Coinbase

>>24349386
Coinbase allowing ZEC is no different than banks paying out $ bills. They dont care if you shield them later. They have your identity and if you sold your crypto there they have you on file. Money laundering isnt about hiding the origin of money its much more than that. As ive told you already dnm merchants have no problems accepting btc which is tracable by default. I dont see how one could put a backdoor in an open source project without anyone finding it. Especialy if there is financial incentive to do so through shorting it. Anyway the fact that it is so widely available to normies makes me think it will pump very hard. The dark markets dont make 10 percent of btc s market cap so I wouldnt rely on them to pump XMR. You need new retail money for any of this shit to pop. And thats all I care about

I don't know where they will go but AVAX will go to moon soon!

>>24349442
Its on every major exchange except bitstamp. Well transparent addresses are. The transparent addresses are a trojan horse so that it would be listed on all retail exchanges. And also to bring it onto the ethere defi ecosystem through renZEC and wrappedZEC

>>24349442
It is. It even has a Coinbase learn program. Unless you are in the UK. It's why I don't think Zcash is a scamcoin at least because it is taking some heat, but not enough by the big players to really sell me on it. Sadly, though the UK asking Coinbase to remove it sounds big, the UK has always been boomer tier with this sort of thing so I can't tell if its because they understand it and are worried about it or because they just watches some videos and went "Oi mate, this looks loik its trobble it does!" and thought getting it off coinbase will alone fix the problem(which it appears to be the latter since thats ALL they did.)
>>24349648
And that's why I was saying before its the third party system that is the weak link. They don't have to do anything with the code, just the people behind it. Also:
>Will Zcash pump?
If that is all you are concerned with on the project, yes...probably..., but not because it will replace monero as the top privacy coin but because of the normie injection it will receive and any crypto market momentum, but the latter usually effects everyone regardless. The problem is that will also be why it wont be a good long HODL. As you might be aware of, normies ruin everything as it were, and the extreme amount of attention it will get because of it might be a bad thing in the long run for a privacy coin. It might just become the normie privacy coin for the normies as well, which means it will lose traction with the opsec big player types, meaning you will have to watch Zcash die a slow death because it becomes a worse bitcoin that you can hide from your friends sometimes, but not from anyone important.

>>24349886
Fuck the sun is coming up. I need to get some rest. My last words are grab that pump if you are feeling it, but watch out for the future of the project after it does. Be carful out there anons.

>>24341361
unironically gonna get eaten by BOND

>>24349886
Look the zec team can not deanomyze the transactions. Its simply not possible with zero knowledge proofs. The trusted setup is a set of parameters that were generated in order to make the chain function. Over 100 people participated in the ceremony and most were not from the ECC or the zfoundation. Some notable bitcoiners/ethheads also participated. Only one person has to have been honest and destroyed the toxic waste as you need ALL OF THEM to attack the chain. So all those people would have to have coluded to do it. Even if they did that it is not a threat to the privacy of zec but rather it would facilitate the print counterfeit coins bug. I think you are downplaying the normie need for privacy as many people, myself included, dont want the entire world to see how much cash I have and all my transactions as I consider it dangerous. I couldnt give a flying fuck about the us government even though I doubt they can deanomize it. Also I think you are vastly overestimating these og people that need opsec from the governments none of this shit is used for serious criminal activity. Being this rogue renegade anon coin would be worth a fraction of the institutional and retail speculators. You forget that ZEC is already in the greyscale trust as well as many intitutional custody solutions. The only thing that was kerping ZEC down was the high inflation which is halved now. With the halo upgrade which eliminates the trusted setup and will make it capable of thousands of transactoons per second in the middle of a major bull market I am preatty sure it will melt faces. You dont seem to get what kind of a breakthrough and what kind of a team is working on zcash. JP morgan hired them to secure their quorum blockchain. If its private enough for them its private enough for 99 percent of us.

>>24346083
>the poo standard

>>24342774
What's the point of a halving when the foundation can just release and sell more coins?

>>24350240
Ahh yes, the coin developed in TEL AVIV with a trusted set up, that has far more liquidity than monero, isn’t a total scam. Yep. Nothing to see here folks.
>>24348376
>vastly larger
lmfao. Nigger only 1% of zcash transactions are fully shielded vs 100% of Monero. Guess which coin had 5x as many total transactions on top of that? Also guess which coin is being adopted on the dark net.
GOOGLE WHITE HOUSE MARKET YOU DUMB ZCASH NIGGERS HAHAHA

>>24348559
Zec is not anonymous

>>24351212
15 percent of txs are shielded nowdays and steadily increasing. Monero uses plausible deniability while ZEC uses cryptography to shield.
But hey maybe you know better than the monero lead dev. Judging by your language I doubt you know shit.

>>24342183
I use dash I use monero.

>>24351329
The dumb fuck didnt store his coins in the shielded pool.

>>24351517
>he thinks alphabet gives a fuck about plausible deniability

>>24351212
Keep in mind that that tweet was from 2018 when ZCAS shielded txs were really lower than 1%. Now they are around 15%. In ZCASH all shielded transactions comprise one large privacy set. So the more transactions there is the larger the set. Moneros privacy set is limited to the size of the ring signature if I am not mistaking.

>>24352027
Didnt mean plausible deniability in the legal sense.
Plausible deniability as in transactions are mixed together and you cant tell for certain that a person performed the transaction. ZCASH uses a zero knowledge proof that the coinwas burned and a new coin is created with no prior history. So its cryptographically shielded.

>>24352138
>>24352110
hmmmmm

>>24352207
Oy wey cant an anon pump his bags!