Post
Topic
Board Announcements (Altcoins)
Re: Official Anoncoin chat thread (including history)
by
geekz
on 08/06/2014, 19:05:33 UTC
YES,In view of  Zerocash is coming there is no more time for ANC  ,I wish the DEV realise it.

There is a basic flaw in ZEROCASH theory.

Here is what Gnos1s had said ,
 
Quote from: Gnos1s
Zerocash has one serious weakness: the requirement for a trusted setup. This makes it not much better than a coin laundry like Bitfog: the owner of a coin laundry can steal everyone's coins if they so choose, and the same possibility exists with all the anonymized money in circulation in Zerocash.
The only strategy to reduce a user's risk is to reduce the time their money is anonymized, but that reduces anonymity.

Reference : http://www.reddit.com/r/Anoncoin/comments/25z2fw/differences_between_zerocoin_and_zerocash/