Can someone explain why even bother with partial privacy, especially considering that with such a tiny amount of participants its practically meaningless. There are already full privacy cryptos. Did DASH do privacy trying to be everything for everyone or is there a deeper reason?
Why does Bitcoin bother with partial privacy, especially considering that with such a tiny amount of participants its practically meaningless.
Dash use a form of CoinJoin to optionally offer privacy on their transactions. They named this form of CoinJoin PrivateSend and usage on the Dash network is about 1-3%.
Bitcoin use a form of CoinJoin to optionally offer privacy on their transactions and usage on the network is about 4% or higher (research from 2019).
So why bother with providing optional privacy (not partial but optional), when there are dedicated privacy-focused coins out there ?
To give Bitcoin and Dash users a choice.