this post was submitted on 15 Jan 2025
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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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[–] demesisx@infosec.pub 7 points 3 months ago* (last edited 3 months ago) (1 children)

I heard zcash figured out their spamming issues and is now considered secure.

I’m also a fan of Midnight once they go open source. I moderate their community on here and decided to lock it until they open source it. Until then, I consider it a CIA honeypot.

[–] g2devi@feddit.nl 6 points 3 months ago (1 children)

A problem with zcash is that most people only use transparent addresses, so if you are one of the few people who uses shielded transactions, you're wallet is already marked as "dirty". In addition,I don't know if any other crypto has tor nodes and dandelion++, zano and pirate chain included. Add to this private transaction rates and a large anonymity set and a skeptical community that actively searches for and rewards finding flaws, there is no competition. That may change in the future, but not any time soon.

[–] Wave@monero.town 3 points 3 months ago

there is no competition.

Tor, i2p, dandellion++ 🧡

[–] muntedcrocodile@lemm.ee 6 points 3 months ago

I do not believe so hence why Monero.

[–] jet@hackertalks.com 3 points 3 months ago

Monero is the gold standard

[–] WibbleWobble@monero.town 2 points 3 months ago* (last edited 3 months ago)

Ones using zk-snark or zk-stark have a technical advantage over XMR as the anonymity set is the whole chain, however many have pre-mines, dev taxes, opt-in privacy, GPU mining or other problems: https://www.coingecko.com/en/categories/zero-knowledge-zk

[–] WilfordGrimley@linux.community 1 points 3 months ago (1 children)

Monero is king.

Monero bridged to Ergo and mixed with the ergo mixer could be great one day. As it would give Monero access to DeFi if enough people use the mixer this way.

https://docs.ergoplatform.com/eco/ergomixer/

[–] gila@lemm.ee -4 points 3 months ago

Not natively, but there are mixers like tornado cash on ethereum which some consider are more private in concept. Ethereum is more decentralised than Monero if that's what you mean by security (i.e security separate from privacy)