Post
Topic
Board Altcoin Discussion
Re: Monero (XMR) Speculation thread
by
wachtwoord
on 17/08/2014, 21:33:59 UTC
From what I've read, Zerocash will Only allow anonymous transactions, there will be no regular sending.

There is also trust involved in setting up Zerocash, you have to trust that the devs won't keep the key that will allow them to doublespend anytime they want, without anyone knowing.

Those two points make Zerocash a No-No for me. It makes no sense to use a coin that involves trust , that's why Satoshi made Bitcoin in the first place. Bitcoin may have it's 51% mining issue, but there are measures in place to stop such a threat if it happens, but Zerocash's trust issue is far scarier, the devs would be able to doublespend at any time whether they have 50% 1%, or 0% of hash power, and you will Never know that they have done so.

But Monero is not truly anonymous, merely pseudo-anonymous. Doesn't that bother you?

How the fuck is this legendarys' posts in any way Monero speculation? And for what it's worth, he's clearly picking a fight. Another goddamn hero.


I'm not picking a fight. In fact, Monero is the only altcoin I have any stake in at all at the moment. I sold all my peercoin and litecoin months ago at the peak (whcih was mostly luck). I'm merely trying to poke people so I can find out whether there are more and better arguments now for Monero to "win". If people would convince me better I might increase my stake in Monero (current prices while low are still substantially higher than when i bought the Monero I currently own).

Don't pay too much attention to the user roles on this forum. The names are much like the titles used in business mostly self-glorifying. Legendary simply means my activity is above a certain number (the same goes for hero members). If anything, that shows I have too much time on my hands.