Will SmartCash turn away from being privacy coin?

in #smartcash6 years ago

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SmartCash have tweets the following;

We would like to ensure everyone SmartCash is not planning on re-enabling the Zerocoin privacy layer and risk getting delisted from exchanges, as it has been the case with $zec $dash and $xmr lately. #cryptocurrency #cryptocurrencies #crypto $crypto #blockchain #altcoins #alts

What does it means, SmartCash team will no longer activates the it's feature that embrace privacy?

What is SmartCash?

SmartCash is a project born out of the desire to create a viable, fungible, fast, merchant oriented, user friendly and community driven cryptocurrency with a decentralized governance system running it's own blockchain, wallet, and active community.

And if you want to learn more amazing things about SmartCash, kindly visit link below;

Website:
https://smartcash.cc/

Official Wallet :
https://smartcash.cc/wallets/

SmartRewards Guide :
https://forum.smartcash.cc/t/smartrewards-guide/125

Mining Pool :
http://pool.smartcash.cc/

Mining Guide :
https://steemit.com/smartcash/@hockleyj/smartcash-mining-on-pool-a-visual-guide-on-how-to-set-it-up

Discord Channel:
https://discordapp.com/invite/BDUh8jr

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My understanding is when you see the total accumulation of smartcash in any wallet through smartexplorer then it is not truly a privacy coin. What would be the point of hiding a transaction if anyone can still see how much is in each wallet?

Okay. A is isis leader, B is regular guy. B sending X to A. Now A got his cash+X. Goverment arrest A, but will never know about whos B. Thats why you hiding your transactions.

To the question in your title, my Magic 8-Ball says:

You may rely on it

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

i don't think it will happen, they made it clear on Twitter and not taking the risk.

Σ$$$ Tipped @cloudspyder Σ20 SMART! Comment @smartbot help to claim. Currently the price of SmartCash in the market is $0.142 USD per SMART. Current value of the tip is $2.84 USD. To find out more about SmartCash, please visit https://smartcash.cc.

There are many ways to provide privacy without it being part of the blockchain. third party coin mixing services for example is one option that could be developed that would provide privacy but would still allow the coin to feature on exchanges that do not list privacy coins for example.

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