Re: ⋆⋆⋆ [SDC] ShadowCash | ShadowSend v2 IS ALIVE ! ** MANDATORY WALLET UPGRADE! ⋆⋆⋆
Hey Peter Todd, wondering what you think about ShadowCash? It seems pretty cool to me, but I am not nearly technical enough to completely understand the inner workings. I only barely grasp the concepts they are using, but it sounds pretty revolutionary.
They just released their shadow send feature and white paper a couple weeks ago. White paper here: http://shadow.cash/downloads/shadowcash-anon.pdf
They just released their shadow send feature and white paper a couple weeks ago. White paper here: http://shadow.cash/downloads/shadowcash-anon.pdf
Like stealth, I don't have the background to really understand the ring-signatures ShadowCash uses; I was contacted by ShadowCash to do an audit and deferred it to a cryptographer I know. They said the math looked to be a clone of Monero, done on top of Bitcoin. They were however potentially interested in doing an audit of the ring signatures idea to get a better idea of what kind of privacy it really gives people in practice - we'll see if they have the time to work on that further in the near future.
Best not to say more publicly than that given I just haven't done the research to really know.
The phrase "clone of Monero" would incense Ryno
Im sure SDC is not that (cryptonote)
waiting on your friend
You guys are so stubborn.
Everyone who looks at it who understands this stuff at all (and I do somewhat, but I wouldn't put myself in the same category as a cryptographer referred by Peter Todd) says that is a clone of the cryptonote stealth address plus ring signature scheme, and then the same echo chamber here says "No, its not cryptonote!" As if that would even be a bad thing
It's quite interesting to see.
Most people hardly understand what factors make a coin unique (admittedly, I am only self educated in the cryptocurrencies with not many hours spent teaching myself). A majority of the "echo chamber," as you put it, only know that Shadowcash is Shadowcash and therefore, by their logic, cannot also be Monero.