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RE: Warning: DASH privacy is worse than Bitcoin

in #bitcoin8 years ago

oh and one more thing. dash mixing is done ahead of time and so after your coin balance is mixed they can then be sent at anytime and sent instantly (~4sec confirmation) and anonymously. i guess they forgot to mention that.
monero is a bloated blockchain one trick pony coin.

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Your "mixed" coin balance then resides in a single address, so that everyone that you subsequently pay can deanonymise you.

That is a feature, not a bug since it’s an essential element of any public, unbacked blockchain that addresses are visible and transactions are manually auditable.

I think you're confusing 'privacy'(which describes an activity hidden from view) with 'anonymity' (which, in a monetary context distinguishes cash from credit money).

Where monero went wrong was in getting its wires crossed with regards to these two and applying a privacy model designed for a credit paradigm to a cash medium, thereby destroying its viability as an unbacked asset class.

This article has more basis in the enormous chip on dnaleor's shoulder than in any genuine challenge to Dash's monetary veracity.

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