Post
Topic
Board Service Announcements
Re: The lagest Bitcoin mixer is about to stop working
by
Hyena
on 08/09/2017, 10:36:11 UTC

Monero is block chain based public ledger. Anything that is public is bad for privacy. Also in the case of Monero everyone gets to see everyone's TXs. Blackbytes on the other hand are fully private so no 3rd party is able to analyze the TXs. The fatal flaw of Monero's security is the fact that all their TXs are stored on a public ledger for anyone to analyze. This is made even worse by the fact that Monero has no adoption and a large amount of conspiring nodes can reveal the identities of the transacting parties. Blackbyte TX histories are only stored by the transacting parties which makes blackbytes superior to Monero in security and privacy. Also blackbytes don't generate bloat on the public database while all block chain based tokens (anonymous or not) waste everyone's disk space.