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RE: DHS Says Darknet Criminals Are Switching From Bitcoin [BTC] To Monero [XMR] (and passing on ZCash [ZEC] and DASH)

in #bitcoin7 years ago

Pivx is like dash but more democratic updates.
Here how to get ultimate privacy coin.
A coin use ring signature(on chain mixer) along with zk-SNARK and a masternode(a off chain peer to peer mixer) and someone builds a smart contract on top of the coin and create a smart contract mixer :)

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I'll take your word for it now and remember your comment. Thanks!

It be the best dam privacy currency but fyi do you know why the lighting network is so popular ?
I can optional make bitcoin more anonymous
Ever hear of the lighting network ;) With segwit and this https://steemit.com/bitcoin/@tipu/the-next-big-thing-in-bitcoin-network-schnorr-signatures
bitcoin speeds will be fast.
well there is a portocool called dandillion which can be acitvted by users but need bitcoin core :( =https://www.deepdotweb.com/2017/02/08/dandelion-turning-bitcoin-fully-anonymous-financial-system/
and here= https://www.coindesk.com/bitcoin-developers-reveal-roadmap-dandelion-privacy-project/
it still in beta so yeah....It not working fully yet and combine that with a bitcoin mixer or coinjoin which needs to be restarted again bitcoin will be in the same level as monero. Segwit also bring back the idea that all bitcoin are the same so the lighting network can do pretty much anything

Interesting. I'll start learning more on the lighting network capabilities. Thanks for the info!

Do you get why core want lightning network? Yes it not best solution right now. But in theory there could be a protocol that could processes unlimited transactions. It not ready yet but you see the protocol is mentioned they just the start one day bitcoin could do a million transactions a second.