Post
Topic
Board Altcoin Discussion
Re: Which currency should I use to stay anonymous?
by
rustynailer
on 18/01/2016, 04:50:47 UTC

Shadowcash doesn't suffer from that Zerocash flaw, but it has been built in such a way that if Zerocash ever comes to fruition then it will be able to slot strait into the Shadowcash framework. 

It currently has all the advantages of Cryptonote coins with the added advantages of being able to freshly mint your own coins by converting SDT into SDC (brand new coins with no tx history just like mining them) and it is built on the bitcoin code base which enables compatibility with bitcoin going forward as well as faster development. 
 
 
Shadowcash is a non-starter.  They had some wonky temporary PoW-transition-to-PoS silliness.  Basically they committed cardinal sin #1 of cryptoland which was having a launch that put a large number of coins into the hands of a select group of people in a non-fair manner then changed the rules of the game for 'everyone else'. 
 
No.  Just no. 
 
Give me a pure PoW shitcoin anyday over such juvenile games.  And with the vastly superior Cryptonote coins on the market you don't have to even choose. 
 
I recognize that Shadowcash is run by actual people, some of which actually have bigger dreams besides 'zomg rich'.  I have encouraged this camp to abandon the Shadowcash concept and come join us in Cryptonote land where the future lies.  There is real talent there, and those people are welcome to bring their abilities over to Monero and Aeon while it is still ultra-dirt-cheap to get in. 

The reason why pow was cut short was to stop a big mining operator from scooping up a large % of the coins.  If you think the only fair way to distribute coins is through mining whereby only the big miners get the vast majority of coins then I guess we differ on that opinion.  Distribution is not really an issue to me as there has been plenty of time to purchase coins at a rate probably less than what it would have cost to mine them.  Honestly how many Moneros can the average person get by mining on their home pc? 

Also I dont see how any Cryptonote coin can be vastly superior to Shadows solution, fair enough cryptonote coins are much better than Dash or other mixing varieties but Shadow has a similar level of anonymity as cryptonote coins without the bloat and scaling problems that they have.