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8796699 No.8796699 [Reply] [Original]

biz faggots shill me on the best privacy coin

Is zcoin better then zcash? Monero still king? breh

>> No.8796740

>>8796699
>Is Zcoin the best privacy coin?
no
/thread

>> No.8796758

>>8796699
Monero is the only Monero. Also fuck off with this YouTube clickbait tier OP.

>> No.8796769

>>8796758
SO ALLL IN ON MONERO BRAH?

>> No.8796796

>>8796699

Zoin is literally the best privacy coin, and it costs fuck all right now because hardly anyone knows about it and development is continuing actively and steadily.

>> No.8796806

>>8796769
Up to you.

>> No.8796821

>>8796796
W H Y

>> No.8796825

>>8796699
Yes Zcoin is better than those others. Don't listen to these other faggots. Zerocoin is a superior privacy option, tor is integrated into the wallet, MTP is on the way which is an even bigger deal with supposedly ASIC-resistant algos like monero's and eth's going down to ASICs. Oh yeah Monero is garbage but there are a lot of Monero shills on /biz/.

>> No.8796856

If you are looking for PRIVACY, XMR is the undisputed king.
Not even US gov knows how to deal with this protocol. If you use any shitcoin besides XMR they will track you down

>> No.8796882

>>8796821
DYOR man. I listed off a few reasons im ly last post but the best way to figure it out is to look into it yourself. One thing you might not see though looking at the website is that the team is VERY active and has been making improvements steadily through these last bear months. They have heavily optimized the zerocoin protocol recently and added in wallet TOR encryption as an example.

>> No.8796909

>>8796825
Monero can fight ASICs with scheduled hardforks adjusting the algorithm. Zcoin is trusted setup but at least the devs are aware of that problem. Also explain how Monero is garbage please.

>> No.8797022

>>8796740
fpbp

>> No.8797043

>>8796909
I think anyone who thinks monero is garbage is an idiot, that being said my concern with monero is if the zero proof protocol is superior to ringct, also the rate of development is lagging, remember when they had all sorts of problems with wallets?

This discussion has one goal, pro's and con's simple as that.

My problem with zcoin is the name, think zcash, zoin, zencash, zclassic- fml

anyway discuss

>> No.8797047
File: 448 KB, 1242x2208, zcashsucks.png [View same] [iqdb] [saucenao] [google]
8797047

>>8796699
zcash isn't a real privacy coin

>> No.8797051

>>8796909
Sure you can do that to deter ASICs, but unless you have a truly ASIC resistant algo like MTP you're pretty much guaranteed to have ASICs secretly mining on your chain if it has a good deal of value. Monero's privacy has already been broken before. http://monerolink.com/ Also you'll never know if someone finds an exploit in monero and is just creating their own coins until the price tanks since it can't be audited.

Here's the big question for you Monero shills: how is Monero superior to any other privacy coin except in marketcap?

>> No.8797080
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8797080

>>8796699

If you're buying privacy coins, you'd better be buying Colx right now. Anything else is literally retarded. Get 'em while they're still 0,0007 cents.

Do yourselves a favor, seriously, check it out. They haven't even begun marketing yet.

>> No.8797092

>>8797080
Why anon? What makes it special?

inb4 dyor

>> No.8797100

>>8796699
i'm pretty sure it was said somewhere that btcp is the best privacy coin

>> No.8797123

>>8797100
loool good luck with that

>> No.8797160
File: 1001 KB, 4117x2953, 12435413452.jpg [View same] [iqdb] [saucenao] [google]
8797160

>>8797092

Well, you asked for it. No shill. Picture is a bit outdated, so the comaprison with verge is wrong on wraith. But everything else still stands.

At this moment, you can still buy large volumes for a relative small amount of money. When this thing takes off, it's going to be verge all over again. Guaranteed. It's still very much under the radar but its shaping up nicely.

Check this out:

https://www.youtube.com/watch?v=-zUu3vQ6IhU

Then this:

https://colossuscoinxt.org/

Thank me later for becomming a milionaire.

>> No.8797194

>>8797160
so... its a PIVX clone.

>> No.8797218

>>8797160
>12 mil premined

if it goes 2x sell anon, for fucks sake

>> No.8797305

>>8797194

It's a forked from PivX. It differs on some key aspect. Do some research.

>>8797218

The premine will be utilized for setting up masternodes, the grid, etc.

Again. Buy now or stay poor.

I'm still in the accumulating phase, and i don't often give advise on sleepercoins because of that. Consider this my present to /biz/ for making me rich.

>> No.8797332

>>8797051
ASIC fabrication takes way too long. IF they commit to algo tweaks every 6 months the major players will not get involved.

>> No.8797354

There is a lot of space in the privacy scene. But ZCoin really has nothing special going for itself. Inherently it isn't any better than Monero, Zcash or PIVX. The "next" Monero, needs to do things differently and distance itself from just being a currency. We are in the age of smart contracts dApps and DAO's which also need privacy. So whoever creates that and adds a ZK-Snark or Ring-sig and achieves a growing adoption rate will probably sit on the new "Monero".

>> No.8797374
File: 5 KB, 250x233, 1521958013390s.jpg [View same] [iqdb] [saucenao] [google]
8797374

>>8797160
>tfw bought COL2 at 1 sat
>tfw swapped for COLX
>tfw sold at 113 sat
>tfw people think it was anything other than a scam pump and dump
sorry anon, look into the multiple iterations of this coin. It wasn't even a privacy coin 6 months ago.

>> No.8797388

>>8797051
Also the Zcash funded monerolink hitpiece has been debunked as a real problem. It was a known issue that was addressed a year ago as zero mixin transactions are no longer allowed. Monero has been around long enough that if it was exploitable it would have happened by now. Monero is superior because it's the least bad privacy crypto, that's it. All of the others have fatal flaws.

>> No.8797416

>>8797374

It's not swapping, it's called the evolution of a coin. Consider the memetics my friend. It's important.

>> No.8797426

>>8797354
Bitcoin Private.

>> No.8797438

>>8796856
I've read they can figure out the real amount because the fake amounts in the ring signatures look really fake. Or something.

>> No.8797506

>>8796699
Trusted setups are retarded in crypto

>> No.8797535
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8797535

>>8797426

No dice.

I'd say the best candidate for a next Monero would look like ARK or Decred with added privacy features. ZenCash would also qualifies if it was not for the ZCash parameters. A anonymous coin on its own isn't anything new or special in 2018. We have Monero and that's it, if it fails ZCash is there as backup. You won't find a coin with more experienced and skilled Cryptographers working on it than ZCash and Monero. And that is pretty much at the heart of what counts for privacy.

>> No.8797550

>>8797354

Zcoin is better than Zcash because of the way their respective trusted setups worked. Zcoin and PIVX use an old RSA 2048 standard that has never been cracked despite a large reward being offered over the last 20 years. Zcash did their own thing which allowed them to put a backdoor in the coin. Again Zcash has a backdoor.

ZeroCoin has plans to do away with the trusted setup completely soon.

Ideal coin would be Zerocoin implementing some of Zcash's upcoming tech like ZK-Starks (since the Zcash team obviously can't be trusted).

What do you guys think of Komodo?

>> No.8797565

>>8797426

Shitcoin PnD by the scammer Rhett. Literally a copy paste. The team is shit and have already abandoned any development. Even if they were to try they have no cryptographic skills. BTCP will never be the first to market with new ideas or tech; at best they may continue to cut and paste shit other teams put out - like verge.

>> No.8797688

>>8797535
But it adds zksnarks?

>> No.8797700

>>8797043
this. just fucking rebrand already

>> No.8797704

Are you guys just betting on illegal activities, or why else would anyone place their money on coin just because it can't be tracked?

>> No.8797735

>>8797354
So Particl?

>> No.8797814

>>8797688

Other than being a currency it does nothing else.
It's sub-standard and not going anywhere.

>>8797735

DEFINITELY not Particl.
Their team already fucked up big with ShadowCash,
You shouldn't be allowed a second attempt after fucking up privacy so bad.

> https://bitcointalk.org/index.php?topic=1005537.0

>> No.8798087
File: 27 KB, 480x377, 1507564292692.jpg [View same] [iqdb] [saucenao] [google]
8798087

>>8797416
>It's not swapping, it's called the evolution of a coin.
No, they did a coinswap through Novaexchange at a 2:1 ratio. I know cause I swapped mine. Use google and don't be brainlet.

>> No.8798129

>>8797565
computer mouse was a copy paste project too. now there is no pc without it.

>> No.8798137

>>8798087
lol pix

>> No.8798269

>>8797814
Isn't it still better than monero even so?

>> No.8798546

>>8797814
U actually seem like a very educated investor, that's rare in biz lol, what are you invested in?

>> No.8799035

>>8796856
>If you are looking for PRIVACY, XMR is the undisputed king.
Monero's ring size is 7. So your key is mixed with 7 other people in a ring. The number of identities you are mixed with in Zerocoin is equal to the number of people who have ever spent a Zerocoin, so it's technically infinite. Tell me now brother? Which is larger, 7 or infinity? That's what I thought ZCoin is exponentially more private than Monero.

>> No.8799515

>>8799035
Zcoin doesn't hide amounts. It's not a feature, it's an attack vector. Monero is the only one to enforce privacy so while a tx is mixed within a subset that subset is picked from a larger pool. Meanwhile no one uses Zcoin and Zcash is vastly superior to it.

>> No.8799638

>>8799515
When you say that ZCoin doesn't hide amounts, that is only true if the owner of the keys tells you. What I mean is that the Zerocoin protocol does completely mix your coins, meaning unless you tell someone which coins are yours, then no one knows. When you mint Zerocoin you do it in pre-determined denominations of something like 1,5,10,25,100 etc. So if you want to anonymize 278 XZC you will mint Zerocoin in two sets of 100, 3 sets of 25, and 3 units of 1 Zerocoin . This means that you have just mixed your XZC with anyone who has ever minted 100, 25, and/or 1 Zerocoin. By definition of how the protocol works you cannot trace anything through a Zerocoin mint and spend other than through a timing attack. However PIVX just fixed the timing attack on Zerocoin by utilizing Zerocoin mints for their masternode rewards. If ZCoin implements the Zerocoin rewards for masternodes it is the most private Proof-of-Work coin on the market.

You can still trace Monero through IP addresses while XZC turns on TOR with a click of a button. Furthermore you can't argue that Monero is more private when your key is only mixed with 7 other keys in a ring, meanwhile with ZCoin your identity is mixed with tens of thousands of others and that number keeps increasing. ZCoin is more private, more secure, and scales exponentially better. Monero will remain the dark market coin, but ZCoin is what Bitcoin was meant to be.

>> No.8799648

What's the point of private coins to begin with?

>> No.8799653

>>8796699

Safex. Blockchain coming online this month. Ring signatures like Monero, but faster/variable blocktimes/sizes. Several of the owners are mentioned in the Paradise papers. They have an uncensored marketplace and a couple partnerships going. Check it out. The only fud is a wallet delay of 2 weeks last year.

>> No.8799714

>>8796699
It's ZEN.

>> No.8799742

>>8799648

the point is to maintain some amount of privacy when shopping. The issue people have in here is thinking they can use a website to locate their supplier and send them money without a trail. If you're using a website (even Tor) it's being tracked. The only coins that make sense to use are ones with a built in marketplace. Otherwise you run the risk of your communication/browsing history being tracked.

>> No.8799751

>>8799648
So people cant see your balance.

>> No.8800036

>>8799638
>tor
>private

Are you new?

>> No.8800059

>>8799638
>You can still trace Monero through IP addresses while XZC turns on TOR with a click of a button.
Do you know how easy it is to set up TOR?

>> No.8800314

>>8799648
Technically speaking any pedophile with the ability to do chain analysis could find out your young daughter's schedule by analyzing payments for candy or whatever it is your daughter purchases using crypto. This is because purchased are timestamped, so if you don't have privacy a pedophile could learn your daughter's schedule as well as if she is ever alone. Then with that information the pedophile could rape your daughter to death. All because you thought only criminals use privacy. The truth is that either you use privacy, or you become a victim.

>> No.8800334

>>8800059
>Do you know how easy it is to set up TOR?
Do you know how much easier it is to search through the 7 identities in a ring signature rather than the thousand of identities in a Zerocoin mint? Yes Monero has TOR, if you know how to use it, for ZCoin you click a button. I'm just saying TOR on ZCoin is better.