Post
Topic
Board Altcoin Discussion
Re: Which crypto is truly anonymous?
by
Diplo
on 08/08/2016, 15:52:05 UTC


Cryptography isn't my area of expertise...


Guess you pass (can you go 2 for 2?).

shadowcash developer:

--failure to recognize a flaw (when a Monero cryptographer spelled it out for you) [  ]

--no expertise in cryptography [ X ]



It certainly is not, but I admit it fully. Smiley

Even with it not being my area of expertise I can look at something like XMR.TO and know i'm staying away from it. Way to leap frog over that one though. If your critique of the SDC project is to bring up something from the past that is now moot then I don't see what further discussion there is to be had, especially when that argument has been ended at this point.  

I've laid out in a very easy to understand way why I am a fan of the ShadowProject that stems beyond just the currency itself. If anonymous financial transactions are all someone wants then there are a handful of cryptos that will suffice, Monero being one of them. I for one prefer to invest in and back a project that will be more than just targeting a portion of a market (just anon txs), rather than the market as a whole (anon mkt, encrypted msgs, etc.).

Before things go fully live with the entire project I know there will be a third party code audit.  I know the team and how they work and I can assure you they will have additional sets of eyes to look over everything beforehand.

for me is really anonymous to be honest and i think that if you use the required software then you can be completely anonymous when using your bitcoins

Bitcoin only offers pseudo-anonymity.  It wasn't designed with anonymity in mind, and that's ok.  Bitcoin mixing services work for most people's needs, but there is still the possibility that with someone using enough computing power and combinatorics they could "unwind" the knot created by those services and see who sent what--i'm not a fan of that.