this post was submitted on 23 Jul 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 would like to know more about zcash as well
Zcash users spread some FUD about Monero. https://www.reddit.com/r/zec/comments/1mcwm1z/moneros_ledger_is_transparent_its_not_private/
and Monero loves to shittalk on zcash yet I haven't seen any technical explanation as to why it could suck
going after other cryptos will not make people attracted to XMR in any way. Crypto wars are just cringe.
The thread does say some true things, but I believe it highly exaggerates. Monero is NOT untraceable as well as NOT traceable by default, and decoys ARE not enough and some are being found. Now, churning still exists and kind of bypasses this problem but still, it's alarming.
I don't know how zcash works, I'll try to learn more, but frankly these little wars are fucking cringe. No side seems better than the other. We're united under privacy and untraceability, not fucking brand/crypto names
A guy working with Cake Wallet and being in the Monero community while being paid to de-anonymize transactions sure seems shady though. But hey, if he's good at it, he's also in a position to help