Post
Topic
Board Altcoin Discussion
Re: The battle over online privacy (Dash / Monero / Zcash)
by
arielbit
on 08/09/2016, 15:19:44 UTC
Dash has become really popular as compared to those two.but it also comes with anonymity privacy.its better to invest in dash rather than monero as it market is rising and price has greatly rised up.

I disagree. Dash's master nodes are not a good way to make your coins anonymous because "a government, group of hackers, other entity, or even an individual bought many masternodes (there would be no way to know if this occured), and if the transaction passed through a route where all of the masternodes were owned by that entity, then the transaction could be traced by that entity."

If you want to read more about the comparisons of anonymous coins read it here https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php

That should be enough information for you to know the difference and the superiority of Monero.

I do not own XMR neither DASH. I heard that this kind of attack is nearly impossible, or the probability of tracing is very low.


there is a difference between a completely private and partly private blockchain..

Ariel, I'm going to be polite.

You do not consider that the Monero block chain is unverifiable because it is completely opaque. If you want to "trust the math" and believe no loop hole will ever exist allowing coins to be inserted, changing the supply of coins, or that "the math" will never have an unforeseen hole where transactions will be detangled, something that can't happen with private send, that is fine.

However, an open blockchain, with inputs and outputs that can be seen with the naked eye, and verified is one of the cornerstones of Bitcoin's brilliance.  And Dash kept that while also providing privacy.

Because of that, I personally think Dash's privacy feature is far superior to Monero's.  Dash is solid.  You know where everything stands at any time.


And yet, once again, Dash's superior privacy, fungibility and verifiable blockchain is only one of the many features Dash provides in creating a world class currency that will be used by a majority of the human population in only half a generation's time.  But good luck with Monero, but if you want to use your funds for illegal purposes, please use a minimum 8 rounds of mixing in Dash, and leave the Monero at home.  I really don't trust it, and fear for your safety.

You think you know it all, you think you can trust "the math" but these cryptographic proofs have weaknesses that can be exploited.  Some have been discovered, as in secp256r1, and there could be other weaknesses that have yet to be revealed.



Quote
If you want to "trust the math"

yes, we want to trust the math. that is what cryptography is for..is what crypto currency is for.

back to privacy..
i can compare dash blockchain now to the internet, at first you thought that the internet is private but then it is not...then tor was created, it made the internet "PARTLY PRIVATE" ... didn't we heard of government being able to successfully trace in tor? yes it did happen and it is in the news.