throughnothing | 8 years ago | on: What are truly anonymous cryptocurrencies? Dash, monero zcash Bitcoin ethereum?
throughnothing's comments
throughnothing | 8 years ago | on: What are truly anonymous cryptocurrencies? Dash, monero zcash Bitcoin ethereum?
Dash provides some anonymity features, but are generally opt-in (i.e there are certain transaction types which provide more anonymity, but they are not required). Even with "anonymous" transactions on Dash, I believe only the sender/receiver can be somewhat masked, but the amounts are not masked entirely.
Monero provides pretty anonymous transactions which have gotten better with it's recent introduction of Ring Confidential Transactions, which makes it so that new transactions have (by default, and to be enforced later this year for all Transactions) hidden amounts, sender, and receiver.
ZCash is arguably the most anynomous, as it has hidden amounts, sender, and receiver from the ground up, but comes with a bit more risk since it is essentially based on entirely new, and as yet unproven, crypto (zkSnarks). It is an exciting promise for the future, but it also required a "trusted" setup of a random seed which, if compromised by any party, could enable infinite, undetectable inflation of the ZCash currency.
In short, there is no perfect anonymity, everything is a scale and a spectrum of security, and what type of guarantees you can get around the anonymity properties you want.
throughnothing | 10 years ago
throughnothing | 12 years ago | on: Your First Hire Should be a Sysadmin
throughnothing | 12 years ago | on: Your First Hire Should be a Sysadmin
throughnothing | 13 years ago | on: Disney have stolen my artwork
It seems what has happened, however, may be a copyright infringement, which is not theft. If that is the case, you should talk to a lawyer about filing a copyright claim against Disney.
throughnothing | 14 years ago | on: Why haven't we cured cancer yet?
throughnothing | 14 years ago | on: People Aren't Smart Enough for Democracy to Flourish, Scientists Say
throughnothing | 14 years ago | on: People Aren't Smart Enough for Democracy to Flourish, Scientists Say
Democracy is, by definition, a system wherein the minority suffers at the whims of the majority -- mob rule, if you will. Most people seem to think the United States is a democracy, but it is actually (supposed to be) a Republic. Our elected officials are not (supposed to be) able to do whatever the majority wants at the expense of the minority, but rather their actions are strictly limited and restricted by the constitution so as to prevent the majority from violating the rights of the minority -- which is virtually always what results from a true democracy.