Post
Topic
Board Altcoin Discussion
Re: Honestly, which is better? Monero or Dash?
by
toknormal
on 14/01/2016, 12:10:38 UTC

The only anonymity that might be worthwhile will be Zerocash.

You are obsessed with pursuing theoretical absolutes. No useful solutions come from such an exclusive approach.

Successful practical solutions need a whole lot of characteristics and properties in an appropriate balance. For example, as we've seen, anonymity is at best a vague concept which means different things to different people at different stages of the monetary cycle. Bitcoin's basis for being called "anonymous" is that the addresses are decoupled from their owners, unlike credit money which can only exist when synonymous with a legal entity who's state of debt/credit it reflects.

That is an acceptable basis for being called "anonymous" by most accounts.

On the other hand, you use the term with specific regard to a transaction where one party can associate a known identity with a payment address due to information gleaned off-blockchain. That is a specific interpretation which may or may not be relevant to certain design priorities. If you A. obsessively deploy such exclusive definitions to to appraise every solution and B. make the assumption that such a technical property is desirable over all others, then yes I can see why you call Dash a "rubber band".

But that is not engineering. That's myopic zealotry.

For example, there is no way that something like Zerocash can ever be anything other than a highly specialised, niche transport mechanism that is in fact more suited to encrypted record keeping than transferring money - never mind aspiring to BE money. It simply is not a popular requirement to place that level of obfuscation at the top of the tree in a base monetary medium, in fact the reverse is true. Nobody generally gives a f*ck about privacy when they don't own it - they care about value.

As far as the fungibility-anonymity association goes, I already defined what I meant in that regard which was the mitigation of distinction between one address and another (and consequently one associated off-blockchain identity and another) so you can give your insults a rest.