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Monero can't for the simple reason that for privacy to work well it needs to be on by default, not opt-in like ZCash does it.
by lawn 4y ago
Monero can't for the simple reason that for privacy to work well it needs to be on by default, not opt-in like ZCash does it.
- rahen 4y agoHowever Monero has shortcomings, the main one being its auditability. Some Monero developers have created a new project which tries to solve those issues, and add zero knowledge proof to the mix: https://pirate.black https://pirate.black
- lawn 4y agoYou can audit Moneros math and source code, therefore you can audit the supply. It's more work than with Bitcoin to be sure, but it's still possible. Monero already uses zero knowledge proofs, but in a different way than eg ZCash.
- Ar-Curunir 4y agoThe opt-in nature of Zcashs privacy mechanism is not inherent. You can just flip a switch and disallow private transactions.