in case this wasnt enough, zcash has upcoming:
- 3 parallel formal verifications in progress
- ironwood pool supply verification
- quantum proofing
- tachyon pool with formal verification and simpler arithmetic
- 10x higher scale
- 10x miners coming
all within *this* year
Zcash is hardened.
No privacy breaches. ✅
No backdoors. ✅
10 years fair distribution. ✅
Supply enforced. ✅
Mythos checked. ✅
World class dev teams. ✅
No compromises. No co-opt. No stop.
Full send.
.@Snowden: "Zcash really does the best in this space with their shielded transactions. Monero has privacy by default, but it's a lower measure — you're just playing a shell game. Shell games don't last forever."
Math, not decoys.
wow
zcash just absolutely blew past its ATH in hashrate
security keeps increasing. kindly stop this at once so I can order more miners and retire my grandchildren
.@chamath in his latest newsletter:
“On June 6, Shielded Labs, the Zcash Foundation, and ZODL proposed Ironwood, an upgrade that would launch a new shielded pool. Anyone running a node could then sum balances across pools and verify the supply is clean.”
https://t.co/y2obQsR8KQ
The fact that so many people got exposed to Zcash, and the responsible and professional handling of the issue at hand, are super positive for Zcash and all ZK projects.
(not investment advice)
@nextiscrypto@TheDesertLynx The Zcash engineers are my family, and everything good in my life traces back to Zcash. I couldn't live the rest of my life knowing I committed that kind of betrayal.
Privacy solves one of crypto's biggest adoption blockers: nobody wants their full financial life on a public billboard.
Individuals need privacy.
Businesses need privacy.
Institutions need privacy.
It's not the only blocker, but it's a crucial one
CZ really hammering the $zec sell button on binance. He knows his time is up. It’s over for BTC ETH and all the rest. Crypto has one use case. Private store of value. The rest is trash