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Shadow has too many red flags (PoS etc.) so I focus on Zcash vs Monero. The disadvantages of Zcash is the trusted setup toxicity which requires trust on people
by kbody 10y ago
Shadow has too many red flags (PoS etc.) so I focus on Zcash vs Monero.
The disadvantages of Zcash is the trusted setup toxicity which requires trust on people even though they put the name on the line. Another problem is that if a vulnerability is discovered that creates new coins we will never be able to know that it happened and that's by design.
Monero on the other hand doesn't have its full anonym power until RingCT is running on live, which should be Jan 2017. Also Monero is more expensive storage-wise per transaction.
Imo, Monero is the golden mean (so far) for an anonym coin. Zcash even though it has a tremendous academic and cryptographic value with zk-SNARKs, it's too risky when it comes to sacrificing the integrity of the coin supply.
For a better more in-detail comparison check: https://monero.stackexchange.com/questions/83/how-does-monero-privacy-and-security-compare-to-zcash/99 https://monero.stackexchange.com/questions/83/how-does-moner...
- corv 10y agoGood link! In summary, Zcash ships with a magic number, essentially a public key whose corresponding private key is able to counterfeit ZEC. In order to mitigate the risk developers shard the keypair generation, such that only one participant needs to destroy their private shard to guarantee destruction of the private key. More details: https://z.cash/blog/snark-parameters.html https://z.cash/blog/snark-parameters.html