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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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.
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.