Thoughts on Zcash? - page 65. | Bitcointalksearch.org

AngusCanine

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To weird to live To rare to die

Quote from: TPTB_need_war on February 03, 2016, 09:34:56 AM

Quote from: AngusCanine on February 03, 2016, 07:39:14 AM

Quote from: TPTB_need_war on February 03, 2016, 03:10:58 AM

Quote from: ArticMine on February 02, 2016, 08:44:44 PM

Quote from: LiberOptions on February 02, 2016, 08:32:00 PM

I think Zcash introduces a new technology that can even be a subsitute for the bitcoin protocol

It requires a base coin in order to work. In this case the base coin is essentially a Bitcoin clone, so it is not a substitute for the Bitcoin protocol.

I think you mean distribution? After distribution all coins could be zerocoins.

? So what is the currency going to be Zcash or zerocoin?

Zcash is the new name for Zerocash (with some slight tweaks from the original Zerocash white paper but still overall the same design principles).

Zerocash's white paper had two types of coins in the system the regular non-anonymous basecoins and these can be minted into anonymous zerocoins.

Zerocoin (with capital Z) was an earlier design and white paper which was inferior to Zerocash. Not to be confused with the aforementioned zerocoins.

thank you for the enlightenment

TPTB_need_war

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Again on why Zcash should be targeting corporate markets:

http://www.coindesk.com/blockstream-55-million-series-a

TPTB_need_war

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Quote from: frank22 on February 03, 2016, 08:19:12 AM

https://www.reddit.com/r/Monero/comments/41vg68/monero_vs_zcash_eli5_fundamental_differences/cz63pqw

My point-by-point rebuttal to NobleSir:

https://www.reddit.com/r/ethtrader/comments/42rvm3/truth_about_ethereum_is_being_banned_at/czefpyb

We are waiting for a forthcoming blog post from Zcash for their perspective on this comparison.

TPTB_need_war

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Activity: 420

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Quote from: AngusCanine on February 03, 2016, 07:39:14 AM

Quote from: TPTB_need_war on February 03, 2016, 03:10:58 AM

Quote from: ArticMine on February 02, 2016, 08:44:44 PM

Quote from: LiberOptions on February 02, 2016, 08:32:00 PM

I think Zcash introduces a new technology that can even be a subsitute for the bitcoin protocol

It requires a base coin in order to work. In this case the base coin is essentially a Bitcoin clone, so it is not a substitute for the Bitcoin protocol.

I think you mean distribution? After distribution all coins could be zerocoins.

? So what is the currency going to be Zcash or zerocoin?

Zcash is the new name for Zerocash (with some slight tweaks from the original Zerocash white paper but still overall the same design principles).

Zerocash's white paper had two types of coins in the system the regular non-anonymous basecoins and these can be minted into anonymous zerocoins.

Zerocoin (with capital Z) was an earlier design and white paper which was inferior to Zerocash. Not to be confused with the aforementioned zerocoins.

frank22

newbie

Activity: 17

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https://news.ycombinator.com/item?id=7766161

https://www.reddit.com/r/Monero/comments/41vg68/monero_vs_zcash_eli5_fundamental_differences/cz63pqw

AngusCanine

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Activity: 1414

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To weird to live To rare to die

Quote from: TPTB_need_war on February 03, 2016, 03:10:58 AM

Quote from: ArticMine on February 02, 2016, 08:44:44 PM

Quote from: LiberOptions on February 02, 2016, 08:32:00 PM

I think Zcash introduces a new technology that can even be a subsitute for the bitcoin protocol

It requires a base coin in order to work. In this case the base coin is essentially a Bitcoin clone, so it is not a substitute for the Bitcoin protocol.

I think you mean distribution? After distribution all coins could be zerocoins.

? So what is the currency going to be Zcash or zerocoin?

TPTB_need_war

sr. member

Activity: 420

Merit: 262

Quote from: ArticMine on February 02, 2016, 08:44:44 PM

Quote from: LiberOptions on February 02, 2016, 08:32:00 PM

I think Zcash introduces a new technology that can even be a subsitute for the bitcoin protocol

It requires a base coin in order to work. In this case the base coin is essentially a Bitcoin clone, so it is not a substitute for the Bitcoin protocol.

I think you mean distribution? After distribution all coins could be zerocoins.

ArticMine

legendary

Activity: 2282

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Monero Core Team

Quote from: LiberOptions on February 02, 2016, 08:32:00 PM

I think Zcash introduces a new technology that can even be a subsitute for the bitcoin protocol

It requires a base coin in order to work. In this case the base coin is essentially a Bitcoin clone, so it is not a substitute for the Bitcoin protocol.

LiberOptions

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I think Zcash introduces a new technology that can even be a subsitute for the bitcoin protocol

Djinou94

legendary

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It's a scam
A presale, iPo, ico, crowdfund would have been better than this curious form of instamine

TPTB_need_war

sr. member

Activity: 420

Merit: 262

Quote from: CoinHoarder on January 29, 2016, 09:38:54 PM

I will try to read what you posted over. I only have so much time.. 40 hour work weeks plus school is tough. I wish you could make TL;DR versions of your posts. Tongue

You added that after I had read the post.

I understand. I am also lacking free time because I need to do action. The TL;DR organization will come later if ever I get through the crazy balls-out implementation phase. And my first priority is not implementing what I wrote about in the decentralization thread. Rather my first priority is on a viable marketing strategy for crypto currency adoption. And this turns out to be invoke a lot of other work. Luckily though I love doing user interfacing code and social networking type of coding. I had coded an entire dating/social meeting site in 2 months Spring 2015.

If I go quiet, it means I am working, not quit.

wachtwoord

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How did they solve the seeding problem?

robelneo

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Found this zcash quite interesting they are stating true anonymity but we still have to wait for their new update comes Q3 means the third quarter of the year, i.e. July to September 2016,right Now I bookmarked this coin we'll see how good is this coin and if they can live up to their promise..

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: TPTB_need_war on February 02, 2016, 04:38:57 AM

Note the edit I added:

Quote from: https://forum.bitcoin.com/post16270.html#p16270

Edit: Cryptonote does have a per transaction view key. It is not clear to me yet if Zcash does. Cryptonote doesn't depend on a trusted setup (note this only impacts money supply and not anonymity in Zcash, whereas I argue that Cryptonote/RingCT has inferior anonymity due to meta-data correlation).

Elaborated here by smooth:

Quote from: smooth on August 07, 2015, 11:20:34 PM

Quote from: aerbax on August 07, 2015, 11:13:57 PM

Quote from: shmadz on August 07, 2015, 11:06:44 PM

...
Whether Monero exists as a test bed for features that will be assimilated into bitcoin, or Monero will simply live as a parallel, opaque option to the transparent bitcoin chain, or perhaps just take over and leave bitcoin in the dust. All this will play out.
...

One of my favorite things about Monero is how it can exist as both opaque and transparent. If I wish for an account to be transparent, I can simply expose my viewkey.

The view key is well known, but it can be a blunt instrument, since it reveals all payments for the entire lifetime of an account (including past and future). It is less known that you can disclose individual payments on a case by case basis, as needed:

Quote from: https://cryptonote.org/whitepaper.pdf

In case Alice wants to prove she sent a transaction to Bob’s address she can either disclose r or use any kind of zero-knowledge protocol to prove she knows r (for example by signing the transaction with r)

The 0.9.1 release of Monero has an option to retrieve this "key".

TPTB_need_war

sr. member

Activity: 420

Merit: 262

I've replied with my further thoughts on Zcash's funding model:

https://forum.bitcoin.com/post16280.html#p16280

TPTB_need_war

sr. member

Activity: 420

Merit: 262

Note the edit I added:

Quote from: https://forum.bitcoin.com/post16270.html#p16270

Edit: Cryptonote does have a per transaction view key. It is not clear to me yet if Zcash does. Cryptonote doesn't depend on a trusted setup (note this only impacts money supply and not anonymity in Zcash, whereas I argue that Cryptonote/RingCT has inferior anonymity due to meta-data correlation).

TPTB_need_war

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Activity: 420

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Quote from: CryptoSporidium on February 01, 2016, 07:24:57 PM

Quote from: TPTB_need_war on January 31, 2016, 09:50:14 PM

Warned Zcash their plans for an 11% royalty on coin emission may run afoul of FinCEN guidance, and also suggesting they read this thread about the Howey test.

Surely team Zooko have considered this and have a plan to meet any fincen requirements. If not, the zcash is a dead man walking and someone will fork and release a clone without the 11% elephant baggage. Some smart tech people can be quite stupid ...

Appears they are really this clueless:

Quote from: TPTB_need_war on February 01, 2016, 03:48:52 PM

Zooko (CEO of Zcash) is answering questions live now for the next 2 hours if anyone wants to participate:

https://forum.bitcoin.com/post16211.html

See my (shelby3's) posts in the above thread for numerous gaps in Zooko's knowledge about crypto currency (their team really needs someone like me but they've screwed up the funding model so I won't be joining them, much better to fork their code which is something I will be able to do if my other plans are successful giving me adequate resources to hire the necessary zk-snarks experts and then I can also expand it to smart contracts while fixing Ethereum's insoluble flaw). There is no way they can meet FinCEN regulations for the miners, because the corporation is not the miners. The miners will need to comply, or not mine.

Readers I urge you to read my posts in that thread linked above wherein I correct numerous myopias of Zooko. It will be very educational. I have explained some scams going on for Bitcoin right now.

tokyopotato

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Activity: 812

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Quote from: newb4now on February 01, 2016, 05:35:31 PM

Quote from: omegaflare on February 01, 2016, 04:02:34 PM

I use Shadowcash as my altcoin besides Bitcoin. It's more than sufficient to meet my needs in terms of anonymity and security.

PoS coins like SDC can never be as secure as PoW.

I think hybrids can provide even more security though, especially when using multi-channel mining alongside a staking channel, although it hasn't been proven, it adds an extra layer of randomness and protection from sequentially mined blocks, obviously this has been done before but I think Nexus is the most well developed test-case https://github.com/Nexusoft/Nexus/wiki/Currency

Nexus has no anonymous features though. Zcash looks really solid on this front, I hope to mine it

newb4now

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Activity: 686

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Quote from: omegaflare on February 01, 2016, 04:02:34 PM

I use Shadowcash as my altcoin besides Bitcoin. It's more than sufficient to meet my needs in terms of anonymity and security.

PoS coins like SDC can never be as secure as PoW.

omegaflare

sr. member

Activity: 331

Merit: 250

I use Shadowcash as my altcoin besides Bitcoin. It's more than sufficient to meet my needs in terms of anonymity and security.

Topic: Thoughts on Zcash? - page 65. (Read 123361 times)