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The TRUTH about Bank Privacy
(odysee.com)
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this post was submitted on 29 Apr 2024
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Privacy
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Yes, but since their chain has transparent and private transactions, then somebody knows you did a private transaction, which is still a problem. It becomes a, why didn't you use a public transaction? What did you buy with that private transaction? Why did you need that private transaction? Why couldn't it have been a public transaction?
With Monero, since all transactions are private at all times, there's no need to ask that.
Huh i didnt know zcash had transparent transactions?
And you don't need a "view key" to see them like in Monero?
I don't know that much about Zcash but apparently not because they have a shielded and an unshielded pool. So it would appear that some transactions are public while others can be private. And that's still not okay.