[ewillbefull]

You misread my comment. There _is_ an oustanding privacy issue in Monero, one that is often overlooked by its proponents. Transactions involving the same individuals will appear closer together in the transaction graph, and this remains the case so long as Monero's transactions have so few mixins.

My favorite example of anonymity is Richard Stallman's description of an anonymous currency: you should be able to pay a publisher for every article you read on their website, without them being able to associate the payments.

[plasticmachine]

You can do that with Monero right now (within a cryptographically negligible, but plausibly deniable, risk) and it doesn't require crazy unreliable cryptography, a (badly done) trusted setup, or 8gb+ of RAM and 60 seconds on a Xeon.

[CiPHPerCoder]

What exactly is "badly done" about their trusted setup?

[kbody]

The "trusted setup" is a permanent unfixable security hole. While it's partially secure in theory, it goes against the core value of Bitcoin and cryptography where you trust he math and not some person. It will be a constant cloud over Zcash. (I still see great academic value on the work behind Zcash with zkSNARKs, but as a cryptocurrency at the current state it's way too risky for real use)