Post
Topic
Board Altcoin Discussion
Re: Is Monero fucked? Yes!
by
volyova
on 02/09/2017, 19:33:52 UTC
https://steemit.com/cryptocurrency/@anonymint/is-monero-s-or-all-anonymity-broken

Anonymint, aka iamnotback has released this article on steemit. Im reading it right now myself but I want to share it here and hopefully get some coding wizards to review it.

Apparently it has caused him to be censored in the Monero reddit when he linked it, so this shows this must be pretty good.
The only anonymous cryptocurrencies are those that deploy Zero Knowledge Proofs. Zcash, ZCoin and Bitcoin (will have zkSnarks next year). Monero uses https://en.wikipedia.org/wiki/Security_through_obscurity and is in no way anonymous.
Correct, but in Zcash the total supply is not auditable, and "Zooko" and "Green" have decreed that they will endorse the creation of backdoors in Zerocash to "trace criminals". But who decides who is a criminal in a supposedly anonymous network?