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Topic: ZCash added on AlphaBay on July 1st (Read 2650 times)

sr. member
Activity: 546
Merit: 254
ʕʘ̅͜ʘ̅ʔ
July 18, 2017, 01:27:36 PM
#44
Zcash killed alphabay.

Zcash is a backdoor virus and their developers do not even hide their intentions of creating a backdoor to deanonymize certain transactions.
Everyone who relies on such a system does not deserve any pity.

did i miss the news? can i get a link?
omg shocking, its true:
https://mobile.twitter.com/zooko/status/863202798883577856

why did he say that and what exactly does it mean.

Quote
I _don't_ mean weakening security ((link: https://z.cash/support/faq.html#backdoor) z.cash/support/faq.ht…). I mean that a secure protocol layer is compatible with good law enforcement.

either you are anonymous or you are not, what a fucking shitstorm.
did people not talk about this? how could i miss this >(

i would have expected the takedown because its the most secure system.
man this could take down zcash and all forks ><
full member
Activity: 238
Merit: 100
July 18, 2017, 01:21:24 PM
#43
I dont get why it have been recovered from price fall.....

It has backdoor to make transactions visible



It was most probably ruined Alphabay.




STOP THE POLICE


STOP THE POLICE

STOP THE POLICE

STOP THE POLICE

STOP THE POLICE

STOP THE POLICE


STOP THE POLICE
member
Activity: 112
Merit: 10
July 18, 2017, 11:51:16 AM
#42
Zcash killed alphabay.

Zcash is a backdoor virus and their developers do not even hide their intentions of creating a backdoor to deanonymize certain transactions.
Everyone who relies on such a system does not deserve any pity.

Yeah agree. ZTrash
hero member
Activity: 493
Merit: 551
July 18, 2017, 11:04:09 AM
#41
Zcash killed alphabay.

Zcash is a backdoor virus and their developers do not even hide their intentions of creating a backdoor to deanonymize certain transactions.
Everyone who relies on such a system does not deserve any pity.
legendary
Activity: 2730
Merit: 1288
July 18, 2017, 09:05:11 AM
#40
Zcash killed alphabay. The markets are soon going to adopt monero, just like wallstreet


Some are already adding like Wall Street Market , Trade route market and Zion. Probably some more, but I dont know.  Hansa will add Monero after multisig will be ready.
member
Activity: 112
Merit: 10
July 18, 2017, 04:30:38 AM
#39
Zcash killed alphabay. The markets are soon going to adopt monero, just like wallstreet
full member
Activity: 238
Merit: 100
July 17, 2017, 09:11:50 AM
#38
This all make Zcash bad investment for sure.

After Bitcoin will activate Segwit more new future will come including confidential transactions.

That will make Zcash,Monero and Dash less competitive.
I think Zcash is allready burried after Alphabay get busted by police.

Monero can fall in price too.
member
Activity: 111
Merit: 10
July 12, 2017, 05:23:46 PM
#37

If the main developer is saying that.. pretty damning evidence
sr. member
Activity: 243
Merit: 250
July 10, 2017, 03:19:06 PM
#36

13 Kb per transaction, minimum. Sure, it is completely awesome LOL.

Most of that is from something called a "range proof".  They've already figured out how to reduce the size of range proofs by almost 50%. This will take effect after the next hard fork. Furthermore, in the future most users will be running light nodes, which won't need to store range proofs. So the fact that most transactions are currently 13kb is not a very good argument against Monero.
member
Activity: 84
Merit: 11
July 10, 2017, 02:52:42 PM
#35
I think Monero is also good. But ZCash being added gives it a lot of publicity also!

What do you mean 'also good'?  It's the f*cking best anon cryptocurrency out there.  Please do your research and only listen to the people who actually try to question the crypto status quo and are skeptical on what these 'oracles' try to feed us.

You could disagree with their opinions and ideas, but at least they're giving you something to think about.

13 Kb per transaction, minimum. Sure, it is completely awesome LOL.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
July 09, 2017, 10:42:51 PM
#34
I think Monero is also good. But ZCash being added gives it a lot of publicity also!

What do you mean 'also good'?  It's the f*cking best anon cryptocurrency out there.  Please do your research and only listen to the people who actually try to question the crypto status quo and are skeptical on what these 'oracles' try to feed us.

You could disagree with their opinions and ideas, but at least they're giving you something to think about.
sr. member
Activity: 378
Merit: 250
July 09, 2017, 03:07:03 PM
#33
I think Monero is also good. But ZCash being added gives it a lot of publicity also!
hero member
Activity: 850
Merit: 1000
July 09, 2017, 02:39:58 PM
#32
"The ceremony used a multi-party computation protocol with the property that the resulting parameters are secure unless all of the participants were dishonest or compromised during the ceremony."

pretty much sums it up.

Alphabay definetly made researches from their specs.bussines depends from it. No reason to make false agreement.

Wow, AB goes down pretty much the exact moment they implement ZCash..


https://mobile.twitter.com/zooko/status/863202798883577856

Seems ZCash is putting in backdoors.

http://www.torontosun.com/2017/05/31/36-people-arrested-in-hells-angels-raids-in-quebec


Here's the quote from the CEO of Zcash (link above):

Quote
And by the way, I think we can successfully make Zcash too traceable for criminals like WannaCry, but still completely private & fungible

Why anyone uses anything but Monero for private transactions is beyond me. BTC is a public ledger and is not anonymous, and mixers won't hide transactions. Dash isn't private, nor is Zcash (https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php).
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
July 09, 2017, 01:55:21 PM
#31
So in a way, is Zcash some sort of honey pot then?  That would be funny.  Especially the part that Zcash lead the feds to AB's doorstep, if true.

hero member
Activity: 493
Merit: 551
July 09, 2017, 11:54:24 AM
#30
Wow, AB goes down pretty much the exact moment they implement ZCash..

I dont believe really in coincidences.
ZCash company statement was they would like to try to filter criminal transactions.

So maybe a backdoor is inside Zcash?
legendary
Activity: 2730
Merit: 1288
July 09, 2017, 11:28:59 AM
#29
"The ceremony used a multi-party computation protocol with the property that the resulting parameters are secure unless all of the participants were dishonest or compromised during the ceremony."

pretty much sums it up.

Alphabay definetly made researches from their specs.bussines depends from it. No reason to make false agreement.

Wow, AB goes down pretty much the exact moment they implement ZCash..


https://mobile.twitter.com/zooko/status/863202798883577856

Seems ZCash is putting in backdoors.

http://www.torontosun.com/2017/05/31/36-people-arrested-in-hells-angels-raids-in-quebec
member
Activity: 111
Merit: 10
July 09, 2017, 10:45:36 AM
#28
"The ceremony used a multi-party computation protocol with the property that the resulting parameters are secure unless all of the participants were dishonest or compromised during the ceremony."

pretty much sums it up.

Alphabay definetly made researches from their specs.bussines depends from it. No reason to make false agreement.

Wow, AB goes down pretty much the exact moment they implement ZCash..
sr. member
Activity: 1624
Merit: 267
June 30, 2017, 09:28:08 PM
#27
Zcash coin is very promsing coin so i think the price of this coin will reach 1000 dollars before end of thid year 2017 or maybe in the next 2018. But we dont know what will the price of the zcash. Today is july 1 and do you think today zcash will increase because of your new have been posted. I cant wait see zcash increasing the price so hurry up buy zcash coin now yo make a lot of profit. Hold it and keep it.
full member
Activity: 238
Merit: 100
June 30, 2017, 08:04:24 PM
#26
"The ceremony used a multi-party computation protocol with the property that the resulting parameters are secure unless all of the participants were dishonest or compromised during the ceremony."

pretty much sums it up.

Alphabay definetly made researches from their specs.bussines depends from it. No reason to make false agreement.
member
Activity: 111
Merit: 10
June 30, 2017, 08:00:59 PM
#25
"The ceremony used a multi-party computation protocol with the property that the resulting parameters are secure unless all of the participants were dishonest or compromised during the ceremony."

pretty much sums it up.
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