Ya when zcash got delisted I was like, huh, guess it was better than monero haha
Discussion
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So is Zcash better than Monero? I need to do more research
zcash frequently complies with regulators and doesn't have good privacy by default (privacy is opt-in). Coupled with lower usage compared to monero, it results in a really low anonymity set.
It's very centralized and they keep making deals with regulators, that's why zcash is getting back on exchanges it was previously delisted.
Technically, zcash has better privacy since zaphir shields are superior to blinded signatures (used by monero). Monero can potentially upgrade to zcash's zaphir but that requires a hardfork.
I was reading Monero development roadmap and looks like there’s a long way to go still for them to reach “true privacy” but at least they have a clear vision.
Bitcoin development has come to cross roads and the community has become quite divided on what so develop out next. Bitcoin ossifying too early has downsides that many don’t realise.
Big fan of what the Monero devs are trying to do at least.
I think the fact Zcash has optional transparency and privacy makes it weaker. Yes it’s more likely to get regulators approval. But the point of cryptocurrency is to not ask for approval in the first place.
The *privacy tech* that Zcash uses is better, and their researchers are great. But Zcash itself not so much...
Bad implementation of the tech and design decisions: optional privacy, not fungible, no default IP privacy, trusted setup, dev tax on mining, centralized corporate entity, transitioning to PoS, etc.
Bias source obviously, but much of this is true if you DYOR:
Zk actually encrypts data, monero uses obfuscation. Even bumping up to 100 decoys is not really private. But i do love monero as it is actually spent/ used as digital cash
Not completely true.
Amounts and addresses are encrypted on Monero. Completely hidden using CT and Stealth Addresses.
Monero only uses obfuscation for sender privacy via ring sigs.
Full-chain membership proofs will pretty much make this a non issue.
Zcash fucked up by making shielded transactions optional. Most zcash usera dont use shielded