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[Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread - Page 2200

post #21991 of 22339
Quote:
Originally Posted by caenlen View Post

I don't understand why be bullish on one private coin over another, Monero, Zcash, Zcoin (not sure if those two are same thing), and a couple others all have the same message, we are no traceable in any way shape or form.... so who do we determine will be the winner, because I do believe ANON is the future of blockchain, it may be niche for a long time, but hmm... I like Monero so far, ill google zcoin and have a look though, thanks

https://steemit.com/zcoin/@zcoinofficial/an-overview-of-blockchain-privacy-mechanisms-and-how-zerocoin-in-zcoin-usdxzc-not-zcash-stacks-up


Only PIVX and DASH are very similar

The others sort of all have their own thing going. Granted there are a lot of monero like coins out there that have no traction
post #21992 of 22339
Quote:
Originally Posted by caenlen View Post

I don't understand why be bullish on one private coin over another, Monero, Zcash, Zcoin (not sure if those two are same thing), and a couple others all have the same message, we are no traceable in any way shape or form.... so who do we determine will be the winner, because I do believe ANON is the future of blockchain, it may be niche for a long time, but hmm... I like Monero so far, ill google zcoin and have a look though, thanks

There's ZenCash too which I'm currently mining

They just recently released TLS integration

https://www.kamshin.com/2017/09/cryptocurrencies-zencash-rising/
Quote:
This is a major step for ZenCash, and a prerequisite for the implementation of Secure Nodes. TLS Integration means that all the data exchanges taking place on the ZenCash network will be encrypted. My expectation is that TLS would become the de facto standard and that there wouldn’t be a two-speed network where part of the traffic is encrypted while another part remains in clear. I need this point to be confirmed however.

In terms of privacy, beyond TLS the ZenCash network can also operate behind TOR, however TLS just encrypts traffic between two endpoints and doesn’t go through TOR entry / exit nodes that might be monitored or even compromised by a third party.

It also offers secure text messaging between users
Quote:
This feature was introduced in version 0.73-1 of the Swing Wallet UI (more info on wallets below) and allows one-to-one secure messaging. This is leveraged through the memo field of z-transactions (shielded transactions) if I’m correct. Group messaging and IPFS integration are not yet in place but are on the developer team’s roadmap.

Personally I think Zen will win the race with their slow but steady development approach when it comes to the anonymous coin champion
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post #21993 of 22339
Major problem with zcash is the supply can't be audited

SO if there was some way to forge coins, no one would know

Making your investment basically worthless

But it is theoretically more private than zcoin.

edit - z coin still climbing
Edited by Juicin - 9/20/17 at 11:48am
post #21994 of 22339
Quote:
Originally Posted by Juicin View Post

Major problem with zcash is the supply can't be audited

SO if there was some way to forge coins, no one would know

Making your investment basically worthless

But it is theoretically more private than zcoin.

What are your thoughts on Monero, Monero seems to me the best ANON coin around. When you go to their website they don't have their names and location listed (unlike ZenCoin and many ANON coins) sorry but you can't be ANON if the government can track you down and shut down your operation, especially if you been taking 8.5% of each block mined to fund your lifestyle. Monero takes 0%, has no special features, leaves it up to end user to be creative, etc.

I feel like Monero is the future, but since it is so hard to mine, I am not so sure.
    
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post #21995 of 22339
Quote:
Originally Posted by caenlen View Post

What are your thoughts on Monero, Monero seems to me the best ANON coin around. When you go to their website they don't have their names and location listed (unlike ZenCoin and many ANON coins) sorry but you can't be ANON if the government can track you down and shut down your operation, especially if you been taking 8.5% of each block mined to fund your lifestyle. Monero takes 0%, has no special features, leaves it up to end user to be creative, etc.

I feel like Monero is the future, but since it is so hard to mine, I am not so sure.

Monero's major flaw is that if certain problems arise in the code the whole ledger will go public

So you will be caught with your pants down

Now maybe that's just other people trying to crap on the coin. I don't have the skills to look at the code.

But if there is a possibility the ledger could just go public after i made a bunch of assumptions it was private. . . That would kill the whole point.

Maybe zcoin has a flaw like this too, but it avoids these two anyway. Zcoin is the older version of zcash and has had a lot less scrutiny than the other two from 3rd parties.

Zcoin def has the most room for growth
post #21996 of 22339
Quote:
Originally Posted by Juicin View Post

Monero's major flaw is that if certain problems arise in the code the whole ledger will go public

So you will be caught with your pants down

Now maybe that's just other people trying to crap on the coin. I don't have the skills to look at the code.

But if there is a possibility the ledger could just go public after i made a bunch of assumptions it was private. . . That would kill the whole point.

Maybe zcoin has a flaw like this too, but it avoids these two anyway. Zcoin is the older version of zcash and has had a lot less scrutiny than the other two from 3rd parties.

Zcoin def has the most room for growth

Interesting, even those in the business investing in these coins... we can't decide here, I know 3 here, Heurisitc included is for Monero, I am for Monero, you are zcoin, and a couple posts up is for Zencash. We really need to come together as a larger community and make a decision, and a website upon which to exchange goods with eachother using only our rep on sites like this and wallet to wallet transfers. lol i know it will never happen or grow to big, its just a shame.
    
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post #21997 of 22339
I fixed my post from earlier, I completely forgot Threadripper had 64 PCIE lanes and not 40 , I usually don't pay much attention to PCIE lanes. Also i9-7900x has 44 PCie lanes.

Sorry for any inconvenience / misunderstandings.
post #21998 of 22339
For Zcoin I heard that it's meant to be an improvement on Monero which is why it's sparking interest.
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post #21999 of 22339
Just to clarify my position

I'm not saying that one or the other is the best

Only that factoring in opportunity cost, zcoin is your best bet for short term profit. It is way undervalued relative to the other coins considering the PERCEPTION of the tech. (again i don't have the skills to know if what I relayed was true, but some one is getting that message out there)

Zcash and Monero are big cap coins. You're not gonna see the growth you will probably see in zcoin assuming BTC doesn't crash.

Zcoin was abandoned by teh original devs i think, they moved on to zcash. Not sure on the backstory tehre

Came here for a bit more luck. . . not sure if it's writing out my thoughts or just coincidence but when i comment on the market here i seem to have good days.

So here's hoping (buy zcoin)
post #22000 of 22339
Market is on a drop again, I am at work so can't research news as to why, does anyone have a quick summary/reason?

I didn't get to buy in at all last time BTC reached 3000, but maybe I can get in on some this time.
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