Soon 🪐

Everything is as it should be.

[Soon 🪐 @1GoodPlay]

You must know that eventually, everything that you want will come to full fruition. And you and how you feel is the only factor that determines the length of time between now and that manifestation.

Believe in your ability to speak things into the universe. Don’t be afraid to dream big.

Just be sure to remember this when things finally do go your way:

2 things define you. Your patience when you have nothing and your attitude when you have everything.

~ Soon 🪐

[Soon 🪐 @1GoodPlay]

@snowprincesspnw @Dexerto You would know

[Soon 🪐 @1GoodPlay]

@Bluntz_Capital What do you make of all the Zec fud going on right now?

[mert @mert]

almost all privacy protocols have a variant of this same thing

this same FUD comes back every 5 months as new people learn how privacy pools work (and curiously it mostly comes from xmr ppl who are also vulnerable to counterfeit bugs lol)

in theory, with a zk privacy protocol (not just zcash), you could have a bug in a circuit that inflates supply provided someone extremely sophisticated finds it and somehow exploits it undetected (the difference between a regular defi exploit is that it's harder to detect)

the new information since last week is that the team has ramped up redteaming their own circuits with a ton of new advanced tools and teams specifically for this purpose and patched the bug in the process

(I actually thought people would find this bullish but I'm retarded clearly)

on zcash, you can catch this with a turnstile such that the total supply is not inflated and the attacker is stopped but that would effect withdrawals from that specific shielded pool until social consensus

you can probabilistically claim there was no exploit though not definitively because the turnstile would've triggered and probabilistically an attacker would've sold by now or the several other run ups, and the fact that the very best security people from all over couldn't find an issue for years, but nothing has changed as this was always the case

it's also why "just adding privacy" on a different chain (without audit ability) is not as easy as it sounds because you want the very best people working on this at all times and that was the point of this

I get this makes some people uneasy, so there will be a network upgrade to allow anyone to verify the integrity, coming up (see zooko's post)

this is why project tachyon is going to be such a banger. not just because it will be quantum proof but because it will be a new pool (which will definitively prove this wasn't exploited), but because it will be formally verified, simpler, and provably sound

anyway, im shielding and chilling

see:
https://t.co/qhbBDy2Kk4

[Dan @robustus]

Bitcoin and Zcash are complements, not competitors.

Supply certainty and strong privacy are both important properties of a self-sovereign money, and you can't fully get both in a single money system.

I'll explain...

Self-sovereign money means no one can mess with your funds. It means no one can block your transactions, debase your currency, or spy on your finances and then use that information to coerce you. For a money system to credibly deliver those features, it must have the following properties:

1) Sufficient decentralization, so no practical chokepoint can block you, freeze your funds, or force arbitrary changes to the rules.

2) Full supply auditability, so you can verify from the public ledger that nobody is debasing your money.

3) Strong privacy, so your financial activity does not subject you to coercion risk.

Bitcoin provides #1 and #2, but not #3.
Zcash provides #1 and #3, but not #2.

And critically, it is (or at least seems!) fundamentally impossible to engineer a system that offers full transactional privacy while also allowing anyone to run a full transparent audit of the entire supply without trusting other people’s code to be bug free.

Think about how privacy and auditability are achieved. If a chain hides transaction amounts, external observers cannot independently check the total supply from the raw public ledger. You are forced to trust the cryptography, the system design, and the implementation. An inflation bug in a shielded system could in theory stay hidden inside the same privacy that protects users’ transaction information. This opens the door to the possibility of *undetectable* inflation bugs.

By contrast, on a transparent chain like Bitcoin, any inflation bug is visible in the raw data. Anyone with a copy of the blockchain can audit the supply without trusting the code to work precisely as devs intend it to. Thus the entire class of undetectable inflation bugs does not exist in Bitcoin.

This appears to be a fundamental structural truth: you cannot have both full privacy and full transparent supply auditability in a single money system.

Hence, Bitcoin and Zcash are complements, not fundamentally competitors. If someone wants strong financial self-sovereignty and protection against the usual attack vectors on your money - inflation and coercion - you cannot fully get both types of protection by just owning/using either BTC or ZEC.

That said, there are, of course, hybrid approaches which mitigate the attack vectors for both somewhat. Zcash has turnstile accounting, which limits the vector (magnitude and velocity) of a theoretical shielded-pool inflation bug before it is detected. And on the Bitcoin side, you can jump through some hoops to use Bitcoin in a much more private manner than is typical.

Yet the fundamental tension remains. Transparent money protects you from hidden inflation. Private money protects you from surveillance and coercion. Those are different protections, which likely cannot strongly coexist in a single money system.

(and to be clear: I’m not intending to address relative value here, nor the myriad other tradeoffs in using or holding BTC vs ZEC. The above is intended as a high-level theoretical framework for thinking about the key properties you want in self-sovereign money, and what you can and cannot reasonably expect to get from the idealized versions of assets that are natively great at one property, but not another. You can decide for yourself how much you value each property, and then what tradeoffs you may or may not be willing to make to express your view in practice.)

[Whale Watch by Moby @whalewatchalert]

A USELESS whale just bought $26.97K of $USELESS at $75.8M MC 🐳

https://t.co/3BSy3ENrlM

[Soon 🪐 @1GoodPlay]

@Pumpfun Why would you call it “bounty” knowing exactly what kind of connotation that carries?

@FBI

[Soon 🪐 @1GoodPlay]

@ianmiles UK police are retarded

[Soon 🪐 @1GoodPlay]

@The_Airmass

[Trader Koala @trader_koala]

solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk

30%-70% move is coming.

Time reveals 🤌

[Yakuza @Yakuza_Crypto_]

I'm bored. Let's make $USELESS pump more again.

[Soon 🪐 @1GoodPlay]

@bootzz @theunipcs

[Boots @bootzz]

$USELESS retested the 9EMA on the daily & bounced right off it

on ltf this is a very healthy correction that often leads to a quick recovery towards a higher high- especially considering the ICHI is pushing up

not to mention- USELESS retested the RSI trendline it's held since February (looking like a double bottom)

$USELESS is coiling before the next leg

[Soon 🪐 @1GoodPlay]

@blknoiz06 We know what happened last time your gut said something

[Soon 🪐 @1GoodPlay]

@CryptoGodJohn solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk and solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp

[Soon 🪐 @1GoodPlay]

@Pentosh1 @nikitabier

[Soon 🪐 @1GoodPlay]

@The_Airmass 💯

[Soon 🪐 @1GoodPlay]

@Pentosh1 @unusual_whales 😂

[Unipcs (aka 'Bonk Guy') 🎒 @theunipcs]

literally this

would think many would have learned from the last few months of $USELESS price action where they wrote it off as dead or even sold the $25m bottom because they expected new lows 'because BTC is going lower'

except now it costs 3x more even after correcting 32% in a day and despite BTC indeed going lower

you simply don't faded consistent strength and outperformance in a redarded market

[doug funnie @cryptoklotz]

thing w/ useless and this pullback (alongside the tiny basket of other strong alts)

even if it loses uptrend structure (wouldn't be shocked)

you can just recognize/bookmark/watchlist "when alts run, this one outperforms virtually all tokens, alongside 4-5 others like hype, near, et al"

and either add or rebuy it whenever the market is poised for another rally, knowing it showed its hand re: strength