mushroom

mushroom variety

[Zoney @Enjoyoor69420]

👇

[Stationed NPC @StationedNPC]

zero bros @npconchain NPC.

[mushroom @BeingPseudo]

@npconchain

[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.)

[Thor Torrens @ThorTorrens]

zcash:native is still severely underpriced.

The market is only just beginning to correctly price the sovereign utility of zero-knowledge proofs.

Large capital is waking up to the reality of public ledger exposure.

To put this all into perspective:

At $10,000 a coin, Zcash's entire market cap would be $210 billion—which represents a measly 1% of the $21 to $32 trillion currently hidden in offshore tax havens and private banking networks by entities seeking basic financial confidentiality.

Even a $100,000 coin would only require capturing less than 10% of that exact same capital pool.

When high-net-worth entities realize a decentralized, mathematically shielded network is safer than a legacy banking hub, a $2.1 trillion valuation isn't shocking—it’s just a minor reallocation of global wealth looking for a secure sovereign vault.

Even more crazy this valuation model isn't even factoring in the imminent quantum-proof migration.

As state-level quantum computing advances, every legacy, public-key blockchain faces absolute cryptographic obsolescence.

By baking post-quantum shielded infrastructure directly into its core protocol, Zcash isn't just positioning itself as the future of private currency—it is cementing itself as the only mathematically unassailable vault left standing on earth.

[big z @zectrillionaire]

Nobody outside of crypto natives has ever even heard of ZCash, and it has existed for 10 years.

We are still so early you have no idea.

0.01 BTC is the floor.

[L. Amber O'Hearn 🛡 Right here, right now @ambimorph]

You will be blindzided.

Zcash is not competing on "added features" in some simple, single-cycle fashion.

Transparency and quantum susceptibility are baked into Bitcoin and can't be addressed with bandage layers.

Zcash has been preparing for this moment for ten years. Privacy is absolutely necessary for SoV, and it's a first-class property of the protocol—you can't just add privacy at another layer. What Zcash does simply cannot be done by the other protocols listed here.

And Zcash has spent years fighting regulation and delisting barriers and won.

Quantum resistant design has long been on the radar and has had the way paved for. There is a concrete proposal on the roadmap. It's not something Bitcoin can just "fix in a year". Even if Bitcoin "got its shit together", already implausible given the history of governance, it would be a major undertaking.

You will be blindzided because your threat model doesn't account for something like Zcash.

[Zoney @Enjoyoor69420]

Nokia and MySpace gave way to IPhone and Facebook.

Bitcoin $BTC and Ethereum $ETH will give way to Zcash $ZEC and near:native

The curse of being first is more relevant for viral products and services. If you don’t move with the vibes, you move into oblivion.

[mushroom @BeingPseudo]

@AustinBarack @Enjoyoor69420 It’s playing since the last 6 months.

[mushroom @BeingPseudo]

@zectrillionaire Yo, please add

[Zoney @Enjoyoor69420]

When crypto markets move on technical advancements, it’s time for vibes to come back ⭐️✨💫

ZK moment, ZCash moment
$ZEC

[mushroom @BeingPseudo]

@zectrillionaire Yo, please add

[mushroom @BeingPseudo]

@seedphrase My bag is ready. Bring back once to dump!

[mushroom @BeingPseudo]

@izebel_eth 😭

[mushroom @BeingPseudo]

@1inch @newton_xyz Many

[mushroom @BeingPseudo]

@phon_ro Yes

[David.6529 @punk8164]

🚨 6529 is entering a new phase.

Meme cards are an open source funding mechanism: apps, content, AI tooling, data, research, etc…

If you are a builder, submit a meme card to get funding. It’s that simple.

[mushroom @BeingPseudo]

@punk8164 How much money per card? I have a few old photos etc. and can send

[mushroom @BeingPseudo]

@gainzy222 Vitalik never claimed to be ceo of eth. The issue is that there’s no ceo.

[toly 🇺🇸 @toly]

Congrats hype hodlers. Well deserved. It’s a no bullshit awesome product. 🎂🎂🎂