[ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial) - page 9.

lunobird

full member

Activity: 846

Merit: 115

Quote from: marks1976 on August 01, 2019, 01:22:11 AM

Quote from: Texacha on July 31, 2019, 04:17:42 PM

ZEC would probably finish as failed experiment. Sadly, but it is what it is...
With mimble-wimble, there's no need for outdated ZKsnarks anymore.

What about zkstarks? Mimble wimble is a good alternative to the outdated privacy tech but isn't it will become the next outdated tech when another platform will develop a new tech that was better than mimble wimble?
this story will always continue and competition will always there.

Bitcoin is outdated badly yet worth the most. You need reliable tech that has been battle tested. New tech for a coins is not better as they are more vulnerable to exploits

marks1976

sr. member

Activity: 893

Merit: 250

Quote from: Texacha on July 31, 2019, 04:17:42 PM

ZEC would probably finish as failed experiment. Sadly, but it is what it is...
With mimble-wimble, there's no need for outdated ZKsnarks anymore.

What about zkstarks? Mimble wimble is a good alternative to the outdated privacy tech but isn't it will become the next outdated tech when another platform will develop a new tech that was better than mimble wimble?
this story will always continue and competition will always there.

DavethaMan

newbie

Activity: 27

Merit: 0

How far are u guys from implementing the BOLT payment channels?

Texacha

member

Activity: 480

Merit: 68

ZEC would probably finish as failed experiment. Sadly, but it is what it is...
With mimble-wimble, there's no need for outdated ZKsnarks anymore.

farsky

hero member

Activity: 2142

Merit: 757

NO WAR ! Glory to Ukraine !

"Friendly Fork" YCash brought me bad luck and loss of btc.
Droped it as a toxic contagion. In vain the ZCash Foundation supported YCash

Interstellar_

jr. member

Activity: 146

Merit: 1

☆☆☆☆☆

Hello
HardFork took place?

Texacha

member

Activity: 480

Merit: 68

Not sure about others, but I laugh every time when reading "Friendly fork" Grin

Zooko trying to pump the price of ZEC, but life is haaaard...

mich

legendary

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#1 VIP Crypto Casino

Privacy Cryptocurrency Zcash Prepares for "Friendly" Fork

https://www.coindesk.com/privacy-coin-zcash-will-soon-undergo-its-first-friendly-fork-meet-ycash?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20

In about five hours, the privacy-oriented cryptocurrency Zcash will spawn a new blockchain network called Ycash.

It’ll be the first of its kind to boast a near-identical codebase to the Zcash blockchain but function as a separate network and de facto competitor.

First announced in April, the effort is spearheaded by long-time Zcash supporter Howard Loo. Loo described in a Zcash forum post that Ycash was a preemptive move to resist future community decisions that may extend Zcash’s system of developer funding known as the “Founder’s Reward” beyond a promised 10 percent cap of total token supply.

igorttomic

copper member

Activity: 196

Merit: 2

You Can't Miss Those 2 Crypto Projects If You Care About Privacy: https://www.publish0x.com/jamescrypto/you-cant-miss-those-2-crypto-projects-if-you-care-about-priv-xwqlzx

Texacha

member

Activity: 480

Merit: 68

Yup!
One of my worst investments and definitely worst in 2019
It's so poor satoshi-wise that if BTC goes to 20k usd, Zec will still be 100 usd (0.005 BTC). And I am not joking at all. Roll Eyes

Zer0Sum

legendary

Activity: 1588

Merit: 1000

Quote from: Zer0Sum on June 18, 2019, 01:53:19 PM

Quote from: Raja_MBZ on June 13, 2019, 04:32:49 PM

Quote from: farsky on June 13, 2019, 09:01:49 AM

Quote from: Raja_MBZ on June 12, 2019, 04:15:12 PM

Quote from: farsky on June 12, 2019, 02:48:23 PM

Guys, tell me, please, ZecWallet - is this ZCASH official wallet, supported by ZCASH developers?
https://github.com/ZcashFoundation/zecwallet/releases
Is it as safe as BitcoinCore?

Yes, that repository belongs to the Github of ZCash foundation and ZCash foundation is made up of ZCash developers. It should be safe.

Thank !
And which addresses can I use, T or Z?
I used to read that using Z-addresses can cause problems.

Don't use Z addresses until and unless you really want to keep your balance private. Z-addresses are fairly difficult to handle.

Therein lies the problem, having both T and Z addresses:

(a) complex and error-prone
(b) kills privacy because people don't use stealth addresses

Not only that, these jokers forced you to move all your coins to T for sapling...
Long story short... ZEC has zero privacy = chainanalysis will expose everything...
ycash does not address any of this... sell into pump.

Down 25-30% versus BTC in 2 weeks since the Pump...
Devs have already drained $300-400 million and will draining this bitch to zero..
zk algos are ubiquitous on multiple platforms today (see something like self-replicating zk VMs with REN)

Kriptobt1

member

Activity: 560

Merit: 10

Zcash (ZEC) is now available on KuCoin, you can deposit now. Supported trading pairs include ZEC/BTC and ZEC/USDT. Trading will start at 18:00 on July 3, 2019 (UTC+8) and withdrawal will open at 18:00 on July 5, 2019 (UTC+8).

https://twitter.com/KuCoinUpdates/status/1146336114845896704

mich

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Activity: 3122

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https://www.coindesk.com/monero-and-zcash-conferences-showcase-their-differences-and-links?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20

Zcash was designed to automatically siphon off a portion of miners’ profits for creators, including ECC CEO Zooko Wilcox. So far, this funding has been donated to create the independent Zcash Foundation, and support ECC contributions to protocol development, marketing campaigns, exchange listings and corporate partnerships.

farsky

hero member

Activity: 2142

Merit: 757

NO WAR ! Glory to Ukraine !

Does anyone use zecpaperwallet v0.3 for generate zcash shielded addresses offline ?
I think this is a handy thing))
https://github.com/adityapk00/zecpaperwallet/releases

P.S. Someone please explain me what problems can be when using t-addresses

mikhail163

newbie

Activity: 23

Merit: 0

Quote from: Texacha on June 19, 2019, 02:39:24 AM

...still waiting 0.0135 BTC to get out break even and never come back again.

We are in a good trend Mate 📈. The break shall be taken within a week! "my feel"

Zer0Sum

legendary

Activity: 1588

Merit: 1000

Quote from: Texacha on June 19, 2019, 02:39:24 AM

...still waiting 0.0135 BTC to get out break even and never come back again.

ZEC is probably the worst designed coin I've ever seen...
Even with a 20% tax they didn't have a proper client until recently...
Even a simple tx creates change accounts so you end up with a mess of dust...
It so much suck that my losses are very limited due to the massive sucking Cheesy

ZEC is gonna get wiped out by dead simple 100% shielded coins like ARRR...
Or when zk-snarks gets rolled out on top of ETH and other platforms.

Texacha

member

Activity: 480

Merit: 68

...still waiting 0.0135 BTC to get out break even and never come back again.

mikhail163

newbie

Activity: 23

Merit: 0

Completely agree with you. ZEC coin is going to have a great future and its coming very soon. Those people who does not invest now, losing opportunity to make a solid profit!

rendravolt

hero member

Activity: 2156

Merit: 521

Quote from: etherixdevs on June 14, 2019, 03:23:56 AM

Quote from: encycrypto on May 20, 2019, 10:30:50 AM

Quote from: Goxten on May 20, 2019, 10:21:41 AM

Does ZCASH have better anonymity than Monero? Can I keep ZCASH on hardware wallets, like Trezor or Ledger?

ZCash has the functionalities of both, transparent and private addresses. The transparent addresses work publicly, while the private addresses work as good as Monero.

Yes I store ZEC on Ledger Nano S device.

The fact ZEC can be transparent or not, is a good signal for any future regulation.

I am sure that in the future it will be free from all that will be a very great altcoin, currently there are not many coins like ZEC and this will be more solid for a long time.

Zer0Sum

legendary

Activity: 1588

Merit: 1000

Quote from: Raja_MBZ on June 13, 2019, 04:32:49 PM

Quote from: farsky on June 13, 2019, 09:01:49 AM

Quote from: Raja_MBZ on June 12, 2019, 04:15:12 PM

Quote from: farsky on June 12, 2019, 02:48:23 PM

Guys, tell me, please, ZecWallet - is this ZCASH official wallet, supported by ZCASH developers?
https://github.com/ZcashFoundation/zecwallet/releases
Is it as safe as BitcoinCore?

Yes, that repository belongs to the Github of ZCash foundation and ZCash foundation is made up of ZCash developers. It should be safe.

Thank !
And which addresses can I use, T or Z?
I used to read that using Z-addresses can cause problems.

Don't use Z addresses until and unless you really want to keep your balance private. Z-addresses are fairly difficult to handle.

Therein lies the problem, having both T and Z addresses:

(a) complex and error-prone
(b) kills privacy because people don't use stealth addresses

Not only that, these jokers forced you to move all your coins to T for sapling...
Long story short... ZEC has zero privacy = chainanalysis will expose everything...
ycash does not address any of this... sell into pump.

Topic: [ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial) - page 9. (Read 161847 times)