I am considering to invest into a pure privacy coin for the first time. Currently I prefer Komodo over Monero but I am not sure if Komodo is really a privacy coin. I know it allows to create Z-addresses so that private transactions are possible. Are those transactions really untraceable?
zksnarks technology is pretty sweet (inherited from ZEC) but KMD adds an additional layer of privacy with JUMBLR (basically takes a T-address to Z, Z-to-Z, and then Z back to T). That's not to say you couldn't already do this yourself but it is already layered into the wallet.