Post
Topic
Board Altcoin Discussion
Re: I hear that Monero has a new competitor in town
by
Psynthax
on 08/02/2019, 09:31:20 UTC
Unlike Monero, who mixes transactions of its users into a ring of transaction that includes other MXR transactions to attempt to lessen the ability of tracking the orginal sender of a specific(s) transaction. Scroda routes your funds through multiple different addresses in your possesion thus not requiring third parties.

Through the use of a self anonymized routing procedure, required one time use addresses and the requirement of using of a mixing pool when needing to merge funds together allows the Scroda network to maintainng unlinkability.

Have a read at the link below and let me know your thoughts? seems pretty eye opening.

https://medium.com/@scroda/monero-has-a-new-competitor-in-town-8b489417b4a2
It seems like you don't even know if there was a bunch of competitors to the monero. when the anonymity platform becomes the trend last year there was plenty new anonimity platform like zcoin, and anyther anonymous platform. It will never take a new competitor for monero consider we still pegged to the centralized exchange site.