In a time of exploding collection of various cryptocurrencies for all kinds of purposes how do you know which one is the best for you? Well, if you are interested in anonymous untreaceble currency transfers the anonymous coins is for you. But which one to choose? Here is a quick overview listing the vulnenerabilities of the best alternatives with a clear winner.
SPECTRE coin has a rich list (risk).
DeepOnion developers hold more than 50% of the coins (special interest = where lies their interests?). and surely NSA put own Tor servers. Tor connection makes it extra vulnerable to poison pill attack.
Verge has a public ledger which is not good for privacy/anonymity. Uses TOR.
Monero has a viewkey that will show transactions if you want to reveal it, has a rich list. Fork of Bytecoin.
DASH uses masternodes, so NOT decentralized.
PIVX uses masternodes, so NOT decentralized. Fork of DASH.
ZCASH requires at least 8GB RAM to make an anonymous transaction. Mixing is not enforced on both ends of transaction. Tor connection makes it extra vulnerable to poison pill attack. Backed by US-based company and we all know NSA might require them to hand over all user registers just like happened to Hushmail.
NAV coin, not the most private coin, only adds one privacy layer and it has a rich list.
Shadow cash has a rich list.
CLOAK has mixing, crypto, their own version of a TOR network, cloaking, decentralized, no masternodes, HAS a rich list but stealth adresses are available, not based on any other coin it is in fact their completely own coin (!), not backed by US-company and more in the pipeline.
Literally all coins can be used with I2P/Tor. This is self evident by darknet marketplaces accepting them as a payment.
So, the conclusion of this short overview leaves Cloak coin the clear winner. Beside the advantage of being the most anonymous cryptocurrency out there, it also gives you a 6% yearly interest on you holdings (as long as you keep your e-wallet unlocked) AND you get a tranaction fee of ca 2% paid out to you for every cloaking you participate in (happens automatically in the background).
Hopefully this little overview has given you some more knowledge to base your decision on in the world of anonymous cryptocurrencies.