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> Alas I am in no position to analyze ZCash math vs RingCT but my feeling is the latter is more understandable and thus might be more secure even if it has much
by petertodd 9y ago
> Alas I am in no position to analyze ZCash math vs RingCT but my feeling is the latter is more understandable and thus might be more secure even if it has much weaker safety promises.
Depends on what type of security you want. If you're talking about security against inflation, then RingCT is definitely safer than Zcash.
But if you're talking about privacy security, then Zcash is more secure than RingCT; the trusted setup can only be used to create fake Zcash, not deanonymize transactions.
- kobeya 9y agoWell it’s a free choice. You can make non look math systems that have unconditional privacy instead of unconditional inflation guarantees.
- kobeya 9y ago*non moon-math
- RandVal30142 9y ago>the trusted setup can only be used to create fake Zcash, not deanonymize transactions. "I think we can successfully make Zcash too traceable for criminals like WannaCry, but still completely private & fungible" "I _don't_ mean weakening security (https://z.cash/support/faq.html#backdoor https://z.cash/support/faq.html#backdoor …). I mean that a secure protocol layer is compatible with good law enforcement." -zooko Not sure how your statements carry water in the face of that comment.