Monero vs ShadowCash - Epic Anonymity Crypto Fight
General
This week, anonymous cryptocurrency are driving the crypto markets. Monero is a heavyweight champion here. Let's take a look if it can beat coming challenger called ShadowCash.
Proof of what
Monero: PoW - CryptoNight (CPU, GPU)
ShadowCash: PoS - PoSv3
Winner: Monero
Detail: Users can benefit from mining which is usually more appreciated than pure PoS coins.
Inflation (annual)
Monero: 19.0388904656 %
ShadowCash: 2%
Winner: ShadowCash
Detail: Lower inflation is considered better. Note: Over years Monero inflation will decrease to almost zero but for now and coming years ShadowCash is having much lower inflation than Monero.
Price / MarketCap
Monero: 12.19$ / 156m $
ShadowCash: 2.12$ / 14m $
Winner: Draw
Detail: ShadowCash is cheaper for new investors but if you already invested in Monero then higher price might not necessarily disadvantage for you.
Codebase
Monero: based on CryptoNote
ShadowCash: based on Bitcoin
Winner: ShadowCash
Detail: Bitcoin codebase is considered better (more secured and proven) than CryptoNote in general.
Community
Monero: large community
ShadowCash: small community
Winner: Monero
Detail: Larger community is definitely big benefit.
Documentation
Monero: average quality
ShadowCash: good quality
Winner: ShadowCash
Detail: Documentation and resource quality is important for new users and developers. Subjectively ShadowCash is one level higher here.
Anonymity features
Stealth addresses, Ring Signatures, Zero Knowledge Proofs, Untraceable, Unlinkable, End to end Anon
Monero: Yes
ShadowCash: Yes
Winner: Draw
Detail: Both projecs are top quality in terms of anonymity features.
Wallet features
GUI Wallet, HTML Interface, Lite Wallet, HD Wallet, Multisignatures
Monero: No
ShadowCash: Yes
Winner: ShadowCash
Details: Monero lacks (for now) more GUI wallet and tools.
Other features
Encrypted chat, marketplace
Monero: No
ShadowCash: Yes
Winner: ShadowCash
Detail: Monero doesn't provide these additional features (marketplace, ...) as part of the project.
Trading
Monero: 7> exchanges
ShadowCash: 3> exchanges
Winner: Monero
Detail: Broader availability and higher liquidity are better. Monero is much better here, there are even many XMR tradable pairs.
And a winner with is.......
with final score 5 : 7
Congratulations go to ShadowProject Team!
Conclusion
It seems that both projects are great although ShadowCash seems (quite surprisingly) a bit better than Monero and there is also lot of other awesome competitors in the area (Dash, coming ZCash, VCash and others). Of course selected criteria are kind-of subjective (as they can never truly be completely objective) but author's effort was to give kind of fair comparison to find the best project from these two. If any of these projects wins mainstream adoption it will be great because real war is between anonymous cryptocurrencies in general and central banks controlling fiat money.
Disclaimer: This article is not meant to be an investment advice of any kind and so invest carefully based on your own judgement and only with money you can easily lose.
And don't forget that BitShares has "Stealth Transactions" coming in December which will make BitShares just as confidential as Shadowcash, Monero, VCash, etc..
Looking forward to it. In general almost any project can implement it. But there are major anonymous players and Bitshares focus is little bit different AFAIK. Time will tell. Big question is if anonymity helps mainstream adoption or hurt it (people might be scared to use it anonymous technologies if governments and banksters create enough FUD - and they will definitely try using dark markets and other similar arguments as usually).