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52433582 No.52433582 [Reply] [Original]

>zcash
zcash is trusted setup and has been broken before and has a literal fed helped in the initial ceremony
https://electriccoin.co/blog/zcash-counterfeiting-vulnerability-successfully-remediated/
>monero is losing devs, paid out 600k in CCS funds to an undergrad in stats to write an undergrad level paper (rugnium, formerly, ruckniums OSPEAD shit), ukoe is leaving after seraphis. and then they have 1 untalented sperg left to maintain their shit. not to mention they paid out several hundred thousand for a Bisq-fork frontend (google Haveno monero scam)
>discreet
so what the fuck are we left with? there's discreet, it looks remotely promising, theres no specs about programmability yet, i dont own any (i hold a retarded amount of XMR though), but no one knows how that network will perform under pressure, still in closed alpha, mainnet releases god knows when, so...

dont even mention scrt, dero, beam, etc. they literally dont matter and bring nothing new or scalable. so if the future of crypto is private then what the fuck are we left with? share whitepills

>> No.52433624

ZK ceremony is valid as long as a *single* participant is honest. There were thousands, vita included

Brainlet shill post

>> No.52433668

any thoughts on secret? was supposed to be a promising smart contract platform

>> No.52433737

>>52433624
>Doesn't know how toxic waste works
>THOUSANDS

Yeah, alright retard-detector went off immediately.

>> No.52433830

>>52433582
>>52433668
SCRT is fine long term, they're working on 2.0 with external ZK encryption for the regular token.

The one thing that Secret managed over the other tokens in this space is they actually delivered on most of their promises, with two different working exchanges, NFT market place, etc. It's dead now, but only because we're in the crypto winter.

>> No.52434016
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52434016

>>52433668
>>52433830
SCRT relies on trusted execution environments. Most SCRT validator nodes are operated by the SCRT Foundation in Israel, meaning nothing is private if they dont want it to be, their hardness assumptions are not based on cryptographic commitments, but rather just 'an inaccessible area of the processor' (the Intel SGX Trusted Execution Environment), anyone who believes their lies deserves what's coming when a bull eventually decides to tank it with a blog post.

Dero is a hobby project, and has no users, and homomorphic encryption is unproven and their programmability is... well it doesn't exist, you can make the blockchain add, multiple and subtract, that's it. That's all you can do, in a language that's inspired by BASIC.

ZCash is trannyware with zero accountability and several exploits.

Team purple looks promising so far, alpha is a lot less rough than it was made out to be, it should just be open beta.

>> No.52434459

monero is the only coin with a semblance of plausible deniability due to comparative anonset. Not saying it's perfect by any means but it's the only usable option on the market simply due to its market share and network effects.
Tech isn't the botteneck here. It's the userbase. The other cryptocurrencies are security-by-obscurity, they simply aren't being monitored at all by automated systems, but law enforcement and others will have an easy time picking transactions apart on a case-by-case basis. Zcash for example is not sufficent because there are so few peers doing shielded transactions, not a very big crowd to hide in.

>> No.52435041
File: 709 KB, 800x769, Monero-chan Sticker thumbsup alt.png [View same] [iqdb] [saucenao] [google]
52435041

>>52433582
how do i know you're retarded?
>600k in CCS funds to rucknium
price was around 225€ and 117 xmr were raised. that's less than 30k
>several hundred thousand for the frontend
it was about 150k€ and most of it came from some whale donating. cakewallet will now fund the rest
>1 untalented sperg
core team ???
>ukoe is leaving after seraphis
i too would take a break after developing something like that

what a shit attempt at fud, at least use real numbers next time

>> No.52435671

Red pill me on beam and pirate chain

>> No.52436028
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52436028

>>52435041
XMR has been ripped for so many funds over time it's not even funny.

>>52435041
>core team ???
You mean luigi and... hmm, what other cryptographer do they have that are capable of adapting Monero to the latest in privacy? The CCS is a dying fund

>>52434016
Discreet is the only unkiked promising project, if they underdeliver I'm gonna quit this space entirely.

>>52435671
>Beam
Been in development for 5+ years, doesnt have smart contracts, MimbleWimble shit, absolute dogshit proof-of-work algo, and pirate chains is literally irrelevant.

>> No.52436063
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52436063

>>52436028
Enjoy your pajeet scam

>> No.52436093
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52436093

>>52436063
>hides "Web Developer" with cookies prompt
what a dogshit attempt at coping with your SCRT bags.

verify: https://discreet.net/team

>> No.52436146

>>52433582
How exactly do you figure beam/grin bring nothing new or scalable? Theyre significantly more scalable the bitcoin. I like how you just write mimblewimble off as shit tho. Shows how much of a brainlet you are.

>> No.52436199

>>52435041
Op is just a discreet shill, and not very discreet about it.

>> No.52436221

>>52436093
>what a dogshit attempt at coping with your SCRT bags
I don't have any scrt. Nice try rajesh

>> No.52436232
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52436232

>>52433582
>>52436199
Presented without comment.

>> No.52436271

>>52436232
>>52436093
If you're developing a privacy coin and doxxed themselves, won't they just end up like the Tornado Cash guy?

>> No.52436461

>>52436232
What are you even doing retard?

>> No.52436473
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52436473

Privacy and blockchain is an oxymoron. You're buying glowcoins.

>> No.52436487

>>52436473
t. federal agent

>> No.52436524

>>52433582
with taproot you can have privacy on BTC

>> No.52437679

>>52436524
it's a fed vaporware mixer. no safer than coinjoin.

>> No.52437801

>>52436524
>with taproot you can have privacy on BTC
BTC maxis really this retarded?

>> No.52437847

>>52436232
Discreet has transparent addresses? Fucking retards this is just as bad as zcash. I fucking knew this stupid ICO was a scam.

>> No.52438310
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52438310

>>52437847
Discreet is the first *actually working* blockchain that has Triptych to transparent transactions which means it wont be some underground, dinosaur in the coming years, but you can just buy the transparent coins on exchanges and get the full benefits of large ringsigs onnchain with 1 cheap transaction.

But room temperature IQs like you wouldn't get this. ZCash's implementation is just retarded and hurts the anonymity of shielded coins, Discreets txs does not. It literally functions like an onchain cheap mixer between more compliant and less compliant confidential wallets. ICO is one of my best buys, and itll put projects like SCRT, AZERO and BEAM to bed.

>> No.52439020

>>52438310
>buys, and itll put projects like SCRT, AZERO and BEAM to bed.
Comparing your scamcoin to other scamcoins doesn't help its case.

>> No.52439624

>>52438310
i like discreet, but what is wrong with AZERO?

>> No.52442105

>>52433582
I feel that they have the same chance of fucking me financially as any other dogshit like shiba or vinu

>> No.52442134

>>52433582

There's navcoin.

I haven't looked into it though in almost a year so not sure what's happening with it or if it's still a thing.

>> No.52442345

>>52433582
Light protocol on Monero

>> No.52442412

>>52442345
Whoops

Light protocol on Solana

>> No.52442595
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52442595

>>52433582
GHOST
>No trusted setup
>32 ring sigs
>Anon coldstaking
>DEX-compatible
>Fast tx; low energy requirements
>McAfee’s legacy aka the most anti-glowie privacy coin ever
Upcoming:
>Dandelion++
>p2p AES-256 encrypted chat
>on-chain governance
>?????

>> No.52443401

>>52433582
>>52434016
>SGX DOESNT WORK BECAUSE IT- IT JUST DOESNT
you dont even know how SGX works, and you completely dismiss it.
once again OP is a fag.

>> No.52443502

You will be able to swing trade Sylo three more times. Fourth time, it’ll be gains like Kadena. Good luck fellow anons.

>> No.52443909

>>52443401
The SCRT cope. HAHAHAHAHAHAHAHHA.

>> No.52443947

>>52442595
>>p2p AES-256 encrypted chat

On the blockchain? So its bloatware? Website is down, if it doesn't have an anonymized staking mechanism it was a fed coin. McAfee was a drug-abusing degenerate and infamous rug pnd enjoyer, so he can rest in piss.

>> No.52444007

>>52434016
>Most SCRT validator nodes are operated by the SCRT Foundation in Israel
This is either a lie or your going off of very old information.
https://secretnodes.com/validators

All of your other points are irrelevant and outdated, as they are moving beyond that with fully homomorphic encryption and a fully private ZK encrypted out layer.
https://scrt.network/blog/secret-2-0-building-the-next-generation-of-web3-privacy

>> No.52444066
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52444066

>>52444007
>https://secretnodes.com/validators
transparent SCRT amounts for stakers, not encrypted amounts with weight commitments. most look like shells setup by SCRT (other than the most obvious non-Kraken ones that are backed by legitimate entities).

and for that reason, I'm out. see your chain among the 2000 others that died.

>> No.52444141

>>52433582
>zcash is trusted setup
hasn't been true for months https://z.cash/upgrade/nu5/

>> No.52444191

>>52444141
Block size of 2 MB - slower than Monero. NU5 does not fix anything.

>> No.52444206

>>52444007
>All of your other points are irrelevant and outdated

it just looks like they have a dream of that anon, I read nothing but hopes and wishes here

>> No.52444214 [DELETED] 

>>52444191
It removes trusted setup and enables shielded assets like ZK stablecoins. God, I hate you pajeets so much.

>> No.52444426
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52444426

>>52433582
>zcash

>> No.52444427

>>52433582
0xMonero has off chain transactions and includes a private bridge and mixer called 0xTIP.

>> No.52444539
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52444539

>>52433624
Whether or not its a shill post, is privacy not worthy of attention or concern at this time? Brainlet detector

>> No.52446380

>>52444427
LMFAO

>> No.52446460

>>52433582
Privacy is definitely a need in the crypto space as it is in everyday life and it doesn't only apply to transactions but also user data anon. More reason why I pay attention to platforms like Sylo which enable data privacy and decentralised communication

>> No.52446467

>>52437801
>BTC maxis really this retarded?
yes. they need meds unironically. or a visit to the glue factory

>>52443947
>McAfee was a drug-abusing chad
He only rug pulled degenerated niggers like you, who wanted money for nothing, he even laughed about it on stream. He even advised to hold stable coins and use p.coins as needed if your not a risk taker. Hes legacy was not just to speculate about XMR going to 500k (it will in the long term), but to remind people that taxation is unconstitutional (right to earn a living). if you receive your income, inheritance, etc in XMR, boom no income tax ( automatic 50% more income), same for sales tax, and all the other unconstitutional taxes.

XMR is the most rational way to store value as a secondary function, but it will take a few more rug pulls and recession for nigger like you to figure it out. and what this man has done for us.
and yes, he was did a lot a shady shit as well

>> No.52446576

>>52446380
LMAO, stay ignorant

>> No.52448016

>>52443947
>On the blockchain? So its bloatware?
Not bloatware. It’s an upcoming release that I am very excited for.
>Website is down,
Website isn’t down. In fact it was just added to ipfs recently.
>if it doesn't have an anonymized staking mechanism it was a fed coin.
Like I said it has full anon staking. And the Ghost blockchain offers both public and private tx (stealth addresses) without compromising any privacy.

>> No.52449624

>>52433582
>>52436028
>>52436093
>>52436232
>>52438310
>>52439624
>>52444066
Give me the make it stack on discreet anons. I got ??? BDIS but want to stack more. Is ???? Or ????? the irs resistant make it stack?

>> No.52449986

>>52433582
ZCash doesn't have a trusted setup anymore.

So it's good now.

Aleo is where it's at though, first genuinely scalable private smart contract platform. They kinda sold out to VCs but hopefully they dnt launch with dump tokenomics

>> No.52451841

>>52449986
>ZCash doesn't have a trusted setup anymore.
>So it's good now.
Do transactions still leak IP?
>Aleo is where it's at though, first genuinely scalable private smart contract platform. They kinda sold out to VCs but hopefully they dnt launch with dump tokenomics
>They kinda sold out to VCs
lol
>sold out to VCs
lmao

>> No.52452098

>>52433582
>so what the fuck are we left with?
There's also Tangram/Cypher (Cypher is the canary network, think Polkadot/Kusama). https://cypherpunks.network/

Same problems as Discreet & it's just 1 dude coding since 2018 but testnet is also currently ongoing & v1.0 mainnet is planned for the 20th of December 2022. Not possible to buy it though, you can only test it and wait.

>> No.52452153

>>52433582
>so what the fuck are we left with? there's discreet, it looks remotely promising, theres no specs about programmability yet, i dont own any (i hold a retarded amount of XMR though)
you guys are such raging fucking homosexuals, you know that everyone here can see right through your shill threads.
THIS IS A PAJEET DISCREET SHILL THREAD AND THESE MEN ARE FAGGOTS
>THIS IS A PAJEET DISCREET SHILL THREAD AND THESE MEN ARE FAGGOTS
THIS IS A PAJEET DISCREET SHILL THREAD AND THESE MEN ARE FAGGOTS
>THIS IS A PAJEET DISCREET SHILL THREAD AND THESE MEN ARE FAGGOTS
THIS IS A PAJEET DISCREET SHILL THREAD AND THESE MEN ARE FAGGOTS
>THIS IS A PAJEET DISCREET SHILL THREAD AND THESE MEN ARE FAGGOTS
THIS IS A PAJEET DISCREET SHILL THREAD AND THESE MEN ARE FAGGOTS
>THIS IS A PAJEET DISCREET SHILL THREAD AND THESE MEN ARE FAGGOTS
THIS IS A PAJEET DISCREET SHILL THREAD AND THESE MEN ARE FAGGOTS
>THIS IS A PAJEET DISCREET SHILL THREAD AND THESE MEN ARE FAGGOTS
THIS IS A PAJEET DISCREET SHILL THREAD AND THESE MEN ARE FAGGOTS
>THIS IS A PAJEET DISCREET SHILL THREAD AND THESE MEN ARE FAGGOTS

>> No.52452213

>>52433582
i only use huawei token available on you know where ching chong ding dong platform
huge dragon leap upsides and prosperity minting

>> No.52452298
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52452298

There are no other privacy coins.

>> No.52452351
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52452351

>>52433582
>Revolut sends out this mail.

>Don't worry goys- i mean guys.

Guys, i'm worried.

>> No.52452610

>>52452351

got it too, getting all funds out ASAP.

>> No.52452990

>>52451841
I didn't know about that. All the reports about it are like 2 years old though, so I'm assuming the issue has been fixed

Aleo is PoW so it matters less. If they launch and everything goes smoothly, someone could just launch a fork of it without VC's getting loads of tokens if the coin distribution is dogshit.

>> No.52453101

Please redpill me on:
OXEN
XLA
FIRO

>> No.52453167

What about Railgun?

>> No.52455229

>>52449624
>>52452153
Discreet shills are the worst people on this board, however i am sure plenty of people will fall into their trap.

If you really must buy discreet, wait for release. The presale is happening now, however the token is raising is price automatically, despite the lack of interest. So right now the price is 5x its ico, despite sold supply being something like 25% last i checked.

>> No.52455253

>>52455229
Take a knife and cut your throat subhuman :)

>> No.52457150

>>52452098
1 dude coding, sounds incredibly solid

>> No.52457989

>>52453101
I've only heard about Filo anon. Redpill me on Ar and Sylo chads

>> No.52460164

Spill some more beans. Shill me yours, I'm going to dig into it. Surprised no one mentioned mine yet :)

>> No.52460933

ok, explain to me like I'm retarded
on OP you mentioned Monero is losing devs and other stuff relevant to maintenance; Monero however already has the black market market correct? its already a working solution to private coin exchance, is it not?
I ask because I'm genuinely ignorant about privacy crypto.
Another question however, kinda related to the first one. if a hypothetical coin/network is indeed superior, what it would take for them to take over Monero's userbase, and what kind of timeline would you estimate? 5 years? 2?

>> No.52461600

>>52455253
oookay discreet pajeet