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What's considered better these days: Monero or Zcash, and why?
by tikkun 3y ago
What's considered better these days: Monero or Zcash, and why?
- nailer 3y agoThe researchers involved in zcash are a combo of DJB acolytes (in a good way) and Tel Aviv infosec researchers. Plus Ed Snowden was one of the people that participated in their keygen ceremony. * * Slightly off topic, wikipedia for zcash is terrible, it's written by people that don't understand that a 'ceremony' is part of any asymmetric cryptosystem from your Linux package manager to the CA that signed the cert for the website you're looking at.
- lawn 3y agoOpt-in privacy is poor because most people don't bother, and this drastically reduces the privacy for those that do. Even if something has perfect privacy features, this alone is a deal-breaker. With Zcash you get opt-in privacy, with Monero it's enforced with every transaction, for everyone.
- saesdev 3y agothere's way more to those crypto than just privacy, Zcash for example is moving to proof-of-stake, they also want tokens and smart contracts on their chain, while Monero is focused on also being more broadly distributed/decentralized, and harder to take down, with a CPU based proof-of-work to enforce that
- vitehozonage 3y agoZcash has directly admitted that it already had a catastrophic inflation bug [1]. Nobody can prove if it has been hyperinflated by an attacker. Developers linked to DARPA and the Israeli government had the knowledge, capability and opportunity to do so - do you trust them? https://forum.zcashcommunity.com/t/zcash-counterfeiting-vulnerability-successfully-remediated/32671/39 https://forum.zcashcommunity.com/t/zcash-counterfeiting-vuln...