Re:Ethereum has blobs. Where do we go from here?
by qweqwe14 on Saturday March 30, 2024 @10:19AM
(#39875137)
> You may want public proof
Monero has view keys for that.
> Zcash has much stronger privacy guarantees
This is false. The fact that it uses ZKP doesn't make it's privacy stronger.
I'm not going to state more points on why Monero is ultimately better than Zcash because this has been done before: https://www.reddit.com/r/Monero/comments/u3saom/eli5_whats_t...
Again, it is not the same as bitcoin. Using a mixer does not come with ZKPs. The transactions are also still public. You can see how much was put in and how much was taken out. Worse, you now potentially have traceable tainted coins and a target on your back.
The point of Zcash is the Z. Zero knowledge proofs. Monero uses differential privacy. Zcash has much stronger privacy guarantees.