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What are the current crop of cryptocurrencies that are truly anonymous? The list I have so far is: Aeon, DASH, Komodo, Monero , NAV Coin, PIVX, Verge, Zcash, Zc

by milesf 9y ago

What are the current crop of cryptocurrencies that are truly anonymous? The list I have so far is: Aeon, DASH, Komodo, Monero , NAV Coin, PIVX, Verge, Zcash, Zcoin, and ZenCash. Any others? Edit: Added Aeon

lis 9y ago
Aeon. It's basically Monero-Light.
- simplify 9y ago
  What makes it Light?
  - etix 9y ago
    The use of the cryptonight-light algorithm. Requires half the power to achieve the same hash rate.
mastermojo 9y ago
This article feels like a puff piece for Monero, as opposed to a true discussion on the merits of anonymous cryptocurrency, which would minimally mention a subset of what you have listed above.
snirp 9y ago
These coin all employ some anonymity features. Some real shallow (such a Verge only routing traffic over TOR) and some more elaborate (such as ZCash with zero knowledge proofs). If you define truly anonymous as having no way to see transaction addresses and amounts, no way to check balances and history and these features all active by default... it would leave you with Monero and Aeon. Of course other differences exist, such as vulnerable crytography (Zcoin), a potentially flawed "trusted setup" (ZCash, ZenCash), etc
- ianmiers 9y ago
  Truly anonymous would mean if you bought $100 worth of anoncoin under your own name from an exchange and then played two hands of poker at an online casino, there would be no way for the casino and the exchange to collude and identifier you. Is that the case for any of the systems you listed?
  - tehlike 9y ago
    Exchange gives you coin, and then have no way of telling what you did with it. Exchange just knows you are given 300 coins at the time of transaction, nothing more.
sprucely 9y ago
SafeCoin would be if it were actually implemented. As it currently stands, there is just a MaidSafeCoin token with a promise of a 1:1 exchange when SafeCoin gets implemented. Still, the concept is interesting. It's not blockchain-based, and a coin's data structure only contains the current and previous owner signatures.
- tehlike 9y ago
  Current and previous owners only? can it be traced back somehow, using timing attacks or something?
thisisit 9y ago
I would read this thread before proclaiming the anonymity of most of the coins: https://news.ycombinator.com/item?id=15849236 https://news.ycombinator.com/item?id=15849236
gede 9y ago
Has anyone read about Spectrecoin?
- tehlike 9y ago
  Curious to hear - do you have a good resource?

by milesf 9y ago

lis 9y ago

Aeon. It's basically Monero-Light.

simplify 9y ago
What makes it Light?
- etix 9y ago
  The use of the cryptonight-light algorithm. Requires half the power to achieve the same hash rate.

mastermojo 9y ago

This article feels like a puff piece for Monero, as opposed to a true discussion on the merits of anonymous cryptocurrency, which would minimally mention a subset of what you have listed above.

snirp 9y ago

These coin all employ some anonymity features. Some real shallow (such a Verge only routing traffic over TOR) and some more elaborate (such as ZCash with zero knowledge proofs). If you define truly anonymous as having no way to see transaction addresses and amounts, no way to check balances and history and these features all active by default... it would leave you with Monero and Aeon. Of course other differences exist, such as vulnerable crytography (Zcoin), a potentially flawed "trusted setup" (ZCash, ZenCash), etc

ianmiers 9y ago
Truly anonymous would mean if you bought $100 worth of anoncoin under your own name from an exchange and then played two hands of poker at an online casino, there would be no way for the casino and the exchange to collude and identifier you. Is that the case for any of the systems you listed?
- tehlike 9y ago
  Exchange gives you coin, and then have no way of telling what you did with it. Exchange just knows you are given 300 coins at the time of transaction, nothing more.

sprucely 9y ago

SafeCoin would be if it were actually implemented. As it currently stands, there is just a MaidSafeCoin token with a promise of a 1:1 exchange when SafeCoin gets implemented. Still, the concept is interesting. It's not blockchain-based, and a coin's data structure only contains the current and previous owner signatures.

tehlike 9y ago
Current and previous owners only? can it be traced back somehow, using timing attacks or something?

thisisit 9y ago

I would read this thread before proclaiming the anonymity of most of the coins: https://news.ycombinator.com/item?id=15849236 https://news.ycombinator.com/item?id=15849236

gede 9y ago

Has anyone read about Spectrecoin?

tehlike 9y ago
Curious to hear - do you have a good resource?