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Comment by CiPHPerCoder | Hacker News Reader

> Monero, the most prominent fork of Bytecoin, the result of years of work of a very dedicated community, probably the most anonymous currency in circulation today - in the form of an ERC20-Token?

What about Zcash? I'm pretty sure that's a serious contender for the title of "most anonymous".

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Zcash transactions are anonymous only when the user selects this as an option. The ability to send an anonymous Zcash transaction requires running a node.

With Monero, on the other hand, transactions are anonymous by default.

Zcash doesnt have a way to validate monet supply, and it is not private by default, which is a big no. It also doesn't provide network level privacy (monero doesnt either, but kovri is in the works)

> Zcash doesn't have a way to validate money supply

A little know secret is that, Monero also doesn't have a way to validate money supply.

Zcash has two types of accounts - t-accounts which are transparent accounts and z-accounts which are hidden. Most exchanges don't allow z-accounts so, all the money has to be sent to a t-account. This creates a linkability issues which has been discussed in this blog post:

http://jeffq.com/blog/on-the-linkability-of-zcash-transactio...

Zcash had a big bug that caused 400k tokens to be printed by an attacker due to a typo of = instead of ==; so I’m not sure how serious it is if a contender.

No, that was Zcoin. Different project run by fools.

This was Zcoin, not Zcash.

Multiple critical bugs have been found in Monero, eg. https://getmonero.org/2017/05/17/disclosure-of-a-major-bug-i...

As of today, zcash still doesnt have a way to audit money supply.

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