I think ZCash may take its place in the top 10. It provides innovation, however, this is an ongoing evolving process. There is no final answer, and we keep flowing our assets into whatever the current medium of exchange is most valued. A lot of the most heavily vetted issues are integrated into other coin systems, and we are seeing the field evolve overall, which I believe is the final goal before we establish a true cryptocurrency for the masses.
As it sits I think we are ALL on the bleedin edge of developing a solution to the big-brother issue which stems from a cashless society, and we are working hard to ensure private and safe transactions for the world. You gotta figure, this will be the currency system for frigging Mars and beyond. Visa, Mastercard, Amex, paypal, they can all be hacked, but a decentralized blockchain is nearly impervious and we are overcoming the ultimate roadblocks to instant safe worldwide transactions.
Topic: Thoughts on Zcash? - page 30. (Read 123391 times)
Most of the top coders on here agree zcash has the highest level of anon thus far. I would say its biggest danger are all the clones. I just hope the dev that are cloning it are able to understand it fully and deal with any issues that arise.
I still see the price falling further with occasional pumps.
I still see the price falling further with occasional pumps.
Clones are not a problem. People tend to value the original at a much higher premium.\
When ethereum was being developed, people threatened to have unether, a clone, released as soon as ethereum was launched.
Didn't make a difference.
Most of the top coders on here agree zcash has the highest level of anon thus far. I would say its biggest danger are all the clones. I just hope the dev that are cloning it are able to understand it fully and deal with any issues that arise.
I still see the price falling further with occasional pumps.
I still see the price falling further with occasional pumps.
Clones are not a problem. People tend to value the original at a much higher premium.\
When ethereum was being developed, people threatened to have unether, a clone, released as soon as ethereum was launched.
Didn't make a difference.
Most of the top coders on here agree zcash has the highest level of anon thus far. I would say its biggest danger are all the clones. I just hope the dev that are cloning it are able to understand it fully and deal with any issues that arise.
I still see the price falling further with occasional pumps.
I still see the price falling further with occasional pumps.
In my opinion, Zcash is just another hype. As of now, Zcash might be one of the most expensive coin but after a few months and after the hype is gone, you can see that it will slowly die. So if i were you, I will just stick on bitcoin and continue investing for long term rather than risking my money on coins like zcash.
It will not die soon, but totally their will never reach first hype again. The Zcash will below btc in my mind. And the signal was becoming the true in this time.It depends on the future development of the ZCash. If it can find some good usage and people like anonymity, the price could be higher.
It depends on the future development of the ZCash. If it can find some good usage and people like anonymity, the price could be higher.
That's an illusion mate.Anonymity is not even the priority at the moment to be dealt with.You should worry about the devs having a control over your private keys.Like every other altcoin,this one hangs right on my wall of shame.Do you mean the developers can have control over our private keys? Does it apply to the t address or z address?
It depends on the future development of the ZCash. If it can find some good usage and people like anonymity, the price could be higher.
That's an illusion mate.Anonymity is not even the priority at the moment to be dealt with.You should worry about the devs having a control over your private keys.Like every other altcoin,this one hangs right on my wall of shame. In my opinion, Zcash is just another hype. As of now, Zcash might be one of the most expensive coin but after a few months and after the hype is gone, you can see that it will slowly die. So if i were you, I will just stick on bitcoin and continue investing for long term rather than risking my money on coins like zcash.
It will not die soon, but totally their will never reach first hype again. The Zcash will below btc in my mind. And the signal was becoming the true in this time.It depends on the future development of the ZCash. If it can find some good usage and people like anonymity, the price could be higher.
In my opinion, Zcash is just another hype. As of now, Zcash might be one of the most expensive coin but after a few months and after the hype is gone, you can see that it will slowly die. So if i were you, I will just stick on bitcoin and continue investing for long term rather than risking my money on coins like zcash.
It will not die soon, but totally their will never reach first hype again. The Zcash will below btc in my mind. And the signal was becoming the true in this time. 
In my opinion, Zcash is just another hype. As of now, Zcash might be one of the most expensive coin but after a few months and after the hype is gone, you can see that it will slowly die. So if i were you, I will just stick on bitcoin and continue investing for long term rather than risking my money on coins like zcash.
Can somebody explain me how the price is going to stop going down anytime soon? because the inflation rate is too big now, constant new coins are getting introduced into the ecosystem, this can't make the price grow properly, and if the price is not on your side, the project can't do good... you need a good healthy price and if you don't, no matter how good your project is, you are going to have problems.
It will stabalize when the number of coins entering the market is a small % of the total supply. In other words not any time soon. Is there a place to short zcash that takes US customers?
I agree with that. For within a few months at least the price of the ZCash will be more volatile than the bitcoin.
Can somebody explain me how the price is going to stop going down anytime soon? because the inflation rate is too big now, constant new coins are getting introduced into the ecosystem, this can't make the price grow properly, and if the price is not on your side, the project can't do good... you need a good healthy price and if you don't, no matter how good your project is, you are going to have problems.
It will stabalize when the number of coins entering the market is a small % of the total supply. In other words not any time soon. Is there a place to short zcash that takes US customers?
Can somebody explain me how the price is going to stop going down anytime soon? because the inflation rate is too big now, constant new coins are getting introduced into the ecosystem, this can't make the price grow properly, and if the price is not on your side, the project can't do good... you need a good healthy price and if you don't, no matter how good your project is, you are going to have problems.
Slow start kills the first months, hopefully zcash can get out of that or not.
Those, who are availing free mining at www.Zcash-Miner.com in the slow start mining phase, are the real gainer.Math would disagree, a 480x can pull ~160 H/s So for 3 months I would pay 2 BTC or ~1400 USD for what a $220 graphics card and nominally $180 in power would deliver. So I would be paying $1K for the service a markup of 2.5x.
Thus they would not be the "real gainer"
The cloud mining sites have to earn money. That is the reason for the mark up. I do not use those service.
Reposted here because limited response in slack...
Putting whichever crypto religion we've sworn our allegiance to this week aside, I'm looking for feedback here:
I can swap some btc for some zcash using bitsquare, perform a zcash transaction to break any traceability and sell my zcash (on bitsquare again) and get myself a lovely new btc with no previous history that can be linked to me.
I can perform the exact same series of steps and achieve the exact same result with zcoin (because it too is based on the zerocoin protocol).
Putting whichever crypto religion we've sworn our allegiance to this week aside, I'm looking for feedback here:
I can swap some btc for some zcash using bitsquare, perform a zcash transaction to break any traceability and sell my zcash (on bitsquare again) and get myself a lovely new btc with no previous history that can be linked to me.
I can perform the exact same series of steps and achieve the exact same result with zcoin (because it too is based on the zerocoin protocol).
And so you can with DASH, with XMR, ...
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In summary then, why would someone pay 100x more for an equivalent feature found in another coin? Apart from undetectable fraud and higher resource consumption what does zcash offer over zcoin?
I think this is a fallacy in the reasoning. It doesn't "cost" you 100x to use zcash than it costs you using zcoin. You could just as well say "why do I have to go further in kilometers than in miles to go from here to there". The unit is simply different.
I think that what you are describing is a genuine use of zcash/zcoin. But it remains a very small part of the volume and hence market cap (because of demand) of these anonymous coins. For most people, there doesn't even need to be a block chain or any node software: they only keep their "coins" as IOU on exchanges. The big failure (as of now) of most of crypto.
Seems like people have a genuine interest in it. I am waiting a bit to speculate on it though.
You might need some patience. The big pump will not come for some time as the whales do not have enough coins.
Seems like people have a genuine interest in it. I am waiting a bit to speculate on it though.
Zcash gaining some momentum finally?
It has got a little pump, but the down trend will continue in my mind. The supply over ten times of the total demand which mean next downtrend waves will come.
I feel like this is the best time to see the movement and i do feel that it still needs to go down under $15 and for all the miners it is the best time to offload whats worth and get out of it and start from ground zero
For example will there ever be a mobile device app for zcash given the amount of resources it takes to create and broadcast a private transaction? I would imagine a remote server building the transaction for you would be out of the question as I should think it would require access to the private components sending the zero knowledge aspect out the window.
I'm using a 4GB core i5 lenovo running ubuntu which I (used to) consider rather high end. 48% of my memory is currently allocated so from what I just read I can't use zcash because I don't have enough RAM, is that right?
Just make sure you configure enough swap space, as mentioned in your quote. If you don't have an SSD, it could be as much as 20X slower than the time mentioned for an SSD. Maybe they could optimize the memory access to account for swap usage which could get it down to 5X slower. I think on a phone with 2GB of RAM the case would be much worse; if the swap is placed on a cheap SD card a transaction could take days to create.
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