Addition of privacy coin (ZCash) @ Coinbase BUT with only taddresses - worth it?

Raja_MBZ

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Quote from: butka on August 23, 2018, 09:57:11 AM

Quote from: Raja_MBZ on August 23, 2018, 09:25:26 AM

IMO, addition of even Doge would be better than the addition of Zcash taddress-only. Not worth it.

Agreed. One should also mention that:

Quote

Zooko Wilcox, the co-founder of Zcash, has found himself facing criticism over his “founder’s reward”, currently valued at over $300,000 per month.

Source: https://cryptocoinspy.com/zcash-zec-founder-zooko-wilcox-in-300000-per-month-founders-reward-controversy/

So the developers of Zcash are collecting 20 percent founders reward for 4 years after inception.

Yup, that's worth mentioning. Coinbase will only provide comfort to Zooko to withdraw his easy-earned founder's reward, LOL.

BTW, if that reward is worth $300,000 per month right now, can you imagine how much it'd have been worth in last December/January?

butka

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Quote from: Raja_MBZ on August 23, 2018, 09:25:26 AM

IMO, addition of even Doge would be better than the addition of Zcash taddress-only. Not worth it.

Agreed. One should also mention that:

Quote

Zooko Wilcox, the co-founder of Zcash, has found himself facing criticism over his “founder’s reward”, currently valued at over $300,000 per month.

Source: https://cryptocoinspy.com/zcash-zec-founder-zooko-wilcox-in-300000-per-month-founders-reward-controversy/

So the developers of Zcash are collecting 20 percent founders reward for 4 years after inception.

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

Why is Coinbase planning to add ZCash (ZEC)? The only unique thing in Zcash is the combination of transparent & private addresses, while Coinbase is *most probably* not going to deal in z-addresses of Zcash as stated here:

Quote

We may also only enable certain ways to interact with these assets through our site, such as supporting only deposits and withdrawals from transparent Zcash addresses.

Source: https://blog.coinbase.com/coinbase-is-exploring-cardano-basic-attention-token-stellar-zcash-and-0x-9e44f0eb823f

That leaves the addition of ZCash with only t-addresses (and no private/z-addresses) which is useless.

IMO, addition of even Doge would be better than the addition of Zcash taddress-only. Not worth it.

Topic: Addition of privacy coin (ZCash) @ Coinbase BUT with only taddresses - worth it? (Read 105 times)