A better question: why is litecoin better than monero?
isn't dash better than monero, they shares the same thing, but dash is a more suited name for a coin than monero can even dream about
monero problem is its name really nothing else
and litecoin isn't better than monero, people are more attached to it for emotional reasons...
Uhm, that is simply not true. The technology behind monero is new and based on cryptonote, including a baseline anonymity feature. For example, you can't even know who has the most coins, or create a "rich-list". Moneros blockchain is not parsable.
you know that dashcoin has the same algorithm as monero which is cryptonight, so they share the same ring signature and the same level of anonimity, but the difference is that dash ahs a vbetter name
also monero wasn't the first that utilize cryptonight, it was bytecoin...
Wow! So very wrong!
Dash uses X11. They are very proud of inventing it. And Dash doesn't use ring sigs they use the masternode system, they also invented, for their anonymity.
All cryptonote coins like monero can do anonymous transactions without the help of anyone else because of ring sigs. Dash users need the help of masternodes to mix their coins to do anonymous transactions.
no it does not use x11 see
https://bitcointalk.org/index.php?topic=678232.0first line
Algorithm: CryptoNightif there was another dashcoin in the past that was x11, then i'm not aware of it, and probably it vanished, or perhaps they changed the algo, i don't know
what i know is that dash is using cryptonigh
Sorry, I misread the coin you were comparing. I saw dashcoin and assumed dash (darkcoin) seeing as their marketcaps are close and development teams are large. You didn't misspeak, dashcoin is a cryptonote coin and therefore does use cryptonight like all the rest.
well no problem, it's not our fault if the altsection is a complete mess, from any point of view
and they especially said to not use the same name for different algo, which could lead to confusion, like they did for bitcoin too, at the beginning, with bitcoin scrypt
i remember that it was banned from this forum as well