Quote from: bspus on August 29, 2016, 04:54:28 AM

Quote from: Diego24 on August 28, 2016, 08:32:24 PM

So NAV has the same technology as XMR ?

I know how Dash works, but not how XMR works.

No, they are not. Monero is a cryptonote coin, totally differnet codebase from bitcoin.

Cryptonote coins are dark by design but not very user friendly and as I have noticed, their blockchain is very prone to forking.

NAV is a bitcoin based coin but has added original anon technology, more sophisticated than DASH's. It's still being worked on.

Yes, the difference between NAV and DASH is almost completely clear to me. I asked it here 2 weeks ago and got a really good explanation.

The difference between NAV and Monero is still not clear to me after reading your reply. Looks like the codebase and user friendlyness is the difference. But that doesn't seem that big of a deal. I am more interested in the technology they use to ensure transaction privacy. I saw a video on youtube about Monero in which they claim they are the worlds most private coin. I hear the same story from the NAV community. So which community is right ?

As far as I could find out, Monero doesn't use a second encrypted blockchain like NAV. It does something like mixing but more complicated than Dash. If you send 1000 Monero to someone, it will create several fake addresses and send the money divided to all these addresses and then from these addresses to your target address. Something like that, but I still don't understand all the details. And I also think they use some encryption, something that Dash doesn't. I don't know yet whether NAV does any kind of mixing. That wasn't clear from the explanation I got. NAV has everything encrypted and uses an encrypted blockchain for anon transactions. What I don't know is whether this second blockchain gives any advantage to what Monero is doing. Monero encrypts everything ... isn't that enough for privacy ? Why bother about a second blockchain ?

Well, these are the questions I still have. If anyone knows the answer, please let me know.

EDIT: By the way, I just received following reply on youtube from a Monero guy:

Navcoin's anonymity function is similar to Dash's with some added bells and whistles. It is relying on parties which function similar to masternodes. Monero doesn't rely on anyone, it all happens on the protocol level, I prefer Monero's style of protocol-level mixing.

If I were to consider any alternative, it would probably be Boolberry- which incidently had a nice 150%+ surge today. Its technology is the same as Monero, with some adjustments, and it has a GUI. However, the more users a cryptocurrency has for this type of mixing, the more anonymous it is, and Monero far outshines its competitors in this realm.