Topic: █████ ***** THE ZEROCASH SOURCE - Truly anonymous coin ***** █████ (Read 53525 times)

This is a very interesting thread for those who study Zcash, makes it possible to learn from its origin, especially as now there is not an official thread of zcash.

It is now called Zcash.

Is this coin dead or was it released as Zcash (ZEC) ??

Both Kraken and Polo sometime today. Already listed on BitMex: https://www.bitmex.com/app/trade/ZECZ16

This thang is trading on poloniex today afaik.Ticker is ZEC.

ZCash proposes to integrate into the ethereum platform

6 hours ago by saramago using nEWBIUM platform https://coins.newbium.com/post/1846-zcash-proposes-to-integrate-into-the-ethereum-plat






The creator of Zcash, Zooko Wilcox, dedicated his presentation at the DevCon2 to expose the possibilities of the proposal brought by the creative team of the Zcash privacy protocol, to combine their platform with ethereum , leading security in smart contracts to another level, clarifying that while Bitcoin and ethereum present an image of transparency, that does not mean it ceases to be an objective that users are able to control access to their stored information. That's when Zcash appears.

The platform operates with zero knowledge proofs , which means employing a cryptography that restricts information to certain users on a network to confirm that those involved are anonymous. This application is called " selective discovery." The encryption system uses the ZK - Snark protocol, confirming that transactions are valid without disclosing any other information.


There are three ways of linking Zcash with ethereum said Wilcox. The platforms can be integrated using a method called "Baby Zoe" a little maneuver that adds a pre-compiler ZK-SNARK within ethereum . A second option is to add a Zcash programming protocol , capable of introducing smart ethereum contracts in Zcash platform . And the third is the codename of "Alchemy Project".



The main component of this project is the cross chain order , which will concrete the transactions between the chains. Thus, ethereum contracts issued -called "orders" - can be filled by sending a transaction in Zcash format. The amount the first user want to exchange will be retained for inspection while the second user or purchaser certifies . Even a buyer can create a Zcash transaction that may contain a target direction and the validity of this operation will be confirmed by the contract ethereum before completing the transaction. This represents a promise for companies that have independent blockchains and wish to integrate to a safe and unbreakable system like ethereum.

Any news if they will still release it with the "trusted set up"? Was there a solution proposed to amend it? I feel that zcash will also be mired with its own set of controversies because of the "trusted set up" issue. There will always be doubts about it and that is a way for people to FUD the coin if it is not changed. The development team are known people with the who's who in the cryptosphere so it would be a risk if the trust and confidence in them is lost.

Thanks for the update

you still dont get it , it doesnt matter how the "market" reacts

GLFH

I think the last posponding of release was put on October, but i would nto bet on it since they postpone all the time.


It was almost a month ago when i heard here. and it was said October 27th.

https://bitcointalksearch.org/topic/m.15910848

It will be interesting to see how the market reacts to this coin once it hits exchanges.It will be a major competitor for monero that is enjoying a surge in price and volume on poloniex right now.

who cares about Anonymity except speculators

Is there any update on this topic?

You can go to their forum and ask. Maybe they can advise you something.

It's not difficulty. It's huge memory requirements.

Litecoinguy should update the OP. The mining algorithm it is using is Equihash. I believe it is CPU mining only and the zcash team intends for it to stay that way. It is only in testnet for now with the alpha release. They also indicated that it is possible that there will be changes in the algorithm in the future.

Is zerocash still on testnet or is it on mainnet yet?

Maybe someone mining the testnet could do a quick walkthrough?

I too will mine this but can anyone recommend the best most efficient mining set up or pool etc?

Looking forward to the release.thanks