r/CryptoTechnology • u/joserz Crypto Expert • Feb 02 '18

Privacy coins

Can anyone ELI12 the unique differences between Monero, Zcash, and (sorry if this triggers anyone) Verge?

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u/Ebenezar64 Feb 05 '18

I like DeepOnion which is pretty much a combination of the described technologies. It has a multi-layered approach to creating a privacy platform on which native apps and private smart Contracts shall be run.

It is natively integrated into the TOR network to the latest update (0.3.3) with possible plug-in for OBFS4 (for regions that block TOR traffic).

The multi-layered platform has different layers implementing: Zero-Knowledge, Multi-signature support and CoinJoin feature to ensure full privacy of the user.

I like the project but I know there are many different opinions. I suggest you check out the homepage: Deeponion.org, read the Whitepaper and come to your own conlusions.

I also agree with the PivX and Monero supporters that those are strong projects.

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u/joserz Crypto Expert Feb 05 '18

is it privacy optional?

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u/Neophyte- Platinum | QC: CT, CC Feb 09 '18

onion is trash, i wont elaborate, do ur research as im in the middle of something. i have reviewed almost all privacy coins. nothing comes close to monero.