Quote from: CryptoRambler on December 30, 2016, 04:37:22 PM

Quote from: SffyHcB0E on December 30, 2016, 01:58:20 PM

Anonymity is not mandatory, but an option at Zcoin.
If you want to make your XZC anonymous, you send them to the accumulator and receive XZC with no transaction history back.
You can't hide balances at Zcoin. That's what helps you ensure that no flaw was found and abused to create tons of XZC in secret.
It's not bad to see that the devs and investors are holding (at least most of them).

Despite all the trouble, the design and implementation of Zcoin are great and there's some real development going on: implementing MTP right after having implemented the Zercoin protocol.
Zcoin doesn't tingle my scam sensors.

Obviously having account balances publicly viewable is not full privacy, and could be traced simply by amounts alone in many instances, revealing someone's identity, especially during low volume times.

I still don't see why the devs couldn't make plenty of coins here in secret? According to zcoin logic, you shouldn't be able to see what coins came from or went to who. So how would you verify or how can you tell? Please explain

Because if you create coins out of thin air, the supply will go up, it's very easy to check. Why are you attacking that fact without any understanding of the underlying mechanism ?

Quote from: CryptoRambler on December 30, 2016, 01:16:26 PM

Nothing here sounds anonymous at all. I can't understand why it is so important to know the devs wallet balances - sounds like a twist on an MLM scheme.

I find it very hard to believe that Roger Ver or any other investor wants his account balance known, or that it means a damn thing anyway - since any one of the devs could open up any number of anonymous accounts.

It is sounding more and more like a complete scam

Complete scam because investors forgo their privacy to make funding more transparency ? LOL

I don't understand your logic at all, could you elaborate more?