01-08-2018, 12:32 AM
(This post was last modified: 01-08-2018, 12:37 AM by JackOfHearts.)
For Spectrecoin and Deeponion they will probably rise as they are so low in rank but I wouldn't trust them for long term, I don't think I will bet on any of them.
For anonymity Verge(xvg) seems the best we have to me currently. Monero is the current leader but unless they resolve their current high fees problem I don't think it's going to succeed. I did some transfer from different exchange with Verge and it cost me almost nothing, for now at least. Monero was just a nightmare, my brother had to pay 5$ just to send from one exchange to another and this was a long time ago, it's probably worse now.
ETN is based on Monero, they use the same Cryptonight algo, I'm not sure why monero fees went up so high. But from my little research it's seem it is due do their privacy algo. And it works the same with ETN. When you do a transaction, there are at least 5 different transaction done at the same time in order to hide the amount sent and who sent it, so the cost is 5 times higher for each transaction (if not more). Maybe as ETN Value rise the fees with rise too and they may face the same problem monero is currently facing with fees. Monero is only 13th in rank, to me it's unacceptable to pay fees almost similar to Bitcoin for anonymity (unless you are stealing something
) .
Bitcoin fees are high because they have so much people using it but imagine monero with such amount of people
https://bitinfocharts.com/comparison/mon...nfees.html
https://getmonero.org/2017/12/11/A-note-on-fees.html
For anonymity Verge(xvg) seems the best we have to me currently. Monero is the current leader but unless they resolve their current high fees problem I don't think it's going to succeed. I did some transfer from different exchange with Verge and it cost me almost nothing, for now at least. Monero was just a nightmare, my brother had to pay 5$ just to send from one exchange to another and this was a long time ago, it's probably worse now.
ETN is based on Monero, they use the same Cryptonight algo, I'm not sure why monero fees went up so high. But from my little research it's seem it is due do their privacy algo. And it works the same with ETN. When you do a transaction, there are at least 5 different transaction done at the same time in order to hide the amount sent and who sent it, so the cost is 5 times higher for each transaction (if not more). Maybe as ETN Value rise the fees with rise too and they may face the same problem monero is currently facing with fees. Monero is only 13th in rank, to me it's unacceptable to pay fees almost similar to Bitcoin for anonymity (unless you are stealing something
) . Bitcoin fees are high because they have so much people using it but imagine monero with such amount of people
https://bitinfocharts.com/comparison/mon...nfees.html
https://getmonero.org/2017/12/11/A-note-on-fees.html
