Post
Topic
Board Altcoin Discussion
Re: Which currency should I use to stay anonymous?
by
TPTB_need_war
on 16/01/2016, 19:27:14 UTC
Zerocoin implementation that is supposed to launch early this year:
http://moneta.cash/technology.html
https://github.com/MonetaOfficial/moneta

I think it is basically a rebranded version of Zerovert, which was a closed-source implementation released last year. One of the creators is one of Matthew Green's former students.

That is Zerocoin, not Zerocash. Zerocoin is a mixer only for sending coins to your self and delinking, thus it is subject to all metadata correlation breakage the same as for Monero (Cryptonote coins and ShadowCash and everything else!).

Only Zerocash hides everything and thus is immune to metadata correlation. Zerocash mints zerocoins (which are not the same as the coins in Zerocoin). Zerocoin was created by some of the same people who created Zerocash, but they are totally different technologies. Zerocash is much more powerful anonymity because all the coins and all the actions (e.g. transfer payment to another) are totally hidden in one big blob.

With that being said, it's still unproven technology, and I think there are some issues with launching the currency in a trustless manner, so for now Monero is probably most bestest.

It is not even clear if Zerocash will work in a real world implementation for scalability and DDoS reasons (and maybe other issues).

But none of that absolves the fact that Monero is fundamentally (mostly) useless for the reasons I stated upthread.