Re: [DRK/XDN/XMR/SDC] Comparison between the most known anonymous coins (MUST READ)
Try this, dumb shit:
Quote from: SDC whitepaper
This "SDC whitepaper" is faked as fuck.
If you want to expose some arguments against SDC community members, for saying false statements about tech, go on with real quotes.
But please don't use fakes like this to gain some credit.
That's definitely in the SDC Whitpaper at specifically 3.2.2
(just like the image shows
)What exactly is the point that this quote is supposed to prove? Seems like smooth is just spouting some more technobabble.
Fake whitepapers, technobable quotes. Wow, what will those Monero scammers do next?
It proves these so-called "tokens" in SDC just has outputs on the blockchain, which are the exact same thing that (nearly; excluding the few that are account-based such as XCN) every other cryptocurrency. has There is no substance to this "tokens just like zerocash" talking point you pumpers came up with.
The tokens have outputs on the blockchain. But there was a reason for choosing tokens, and that is because the devs are building towards a direction that they are striving for. Let me quote rynomaster the lead dev again:
The reason we opted for anonymous tokens, instead of direct anonymous outputs to ringsigs, is because we're building towards direction we're heading in. What we're striving for... Encrypted values, with perfect nizkps, proving all values of inputs are real, without revealing any information about where they come from.
We're looking at many things, like homomorphic encryption, snarks, etc...
http://eprint.iacr.org/2014/976
snarks are advancing, along with many other ideas... We are not for limiting ourselves, but for bettering our [collective] future
So it seems that the plan is to add zkSNARKS in the future once they are out and fully trustless, and this is the main reason for tokens. SNARKS are still developing and there are still some obstacles before they are fully trustless from my understanding. My guess is once implemented, this would look similar to the second zerocash whitepaper that includes SNARK discussions. Although I know smooth will just call this vaporware, I think these Shadow devs deserve credit for building a foundation that makes it obvious the direction they are heading in. They are proving themselves, and should be respected. Definitely they should not be disrespected and FUDed, and called names, and called a scam.