📻 | LEWIS HAMILTON RADIO AS A FERRARI RACE WINNER:
“Thank you so much. You've helped me achieve this dream, and I just, I can't thank you enough. Thank you, everyone, for pushing so hard back at home. I'm so proud of you. And to my family, I love you. And to the fans, thank you for continuing to remind me how I am. I couldn't have done this without you. Grazie! GRAZIE!”
Zcash has unparalleled cryptographers, security engineers, and security researchers. And the community is heavily focused on continuous improvement and hardening the network. That's why it engages world class security researchers to look for bugs. And that's why the recent potential exploit was found. It wasn't by accident and it's a vote of confidence, not a cause for alarm. When it comes to any L1, there will be bugs. What's important is that there are world class researchers focused on hardening the network and staying ahead of the bad guys. This has always been and always will be the dynamic of building software that is secure. Onward.
another all time high in shielded zcash
so, now we have:
- zec hashrate ATH & distribution ATH
- more miners on the way
- zec shielded ATH
- the best quantum proofing for an L1 & privacy
- reduced blocktimes and sync times + scaling work underway
- new dev team backed by balaji, a16z, paradigm working on product, protocol, and wallet
- 2 new dev teams working on scaling and physics
- new payments teams spinning up
all at a time where the market need for privacy, quantum proofing, and internet-native SoVs is increasing
zcash is one of the very few things that keeps me fired up about crypto and its future atm
Bitcoin still dominates digital currencies (~90% market share).
But if anything’s going to chip away at that over time, writes @lowbeta, Zcash $ZEC is worth watching.
Why?
→ Privacy: $BTC is fully transparent. Zcash lets users shield transactions (sender, receiver, amount).
→ Momentum: Shielded usage is rising, and new capital is flowing into the ecosystem.
$ZEC is only ~$4B today (~0.3% of the category).
If it even reached 5% share, it's value would be 18x greater
Read @LowBeta's latest article on The Stack and subscribe here:
https://t.co/TwObSBY0w1
Underrated feature of Zodl is it lets you pay people in any popular crypto straight from your shielded ZEC balance.
Need to send your buddy $50 of BTC/ETH/stables? Do it through Zodl and they can't see your balance and transaction history.
This is the privacy endgame.
Zcash Open Development Lab (ZODL) has secured over $25 million in funding from a16z, Paradigm, Winklevoss Capital, Coinbase Ventures, Cypherpunk Technologies, Maelstrom (family office of Arthur Hayes), Chapter One, David Friedberg, Haseeb Qureshi, Mert, Balaji and others.
If you aren’t familiar, Zcash Open Development Lab (ZODL) is the team formerly known as Electric Coin Company (ECC), the group that launched Zcash, and the creator of @zodl_app. The name is new, but our team has been building Zcash for a decade.
A couple of years ago, my team and I set out to change the trajectory of Zcash with an uncompromising focus on the user experience for shielded ZEC. We released Zodl (then called Zashi) and have never looked back.
The release of the normie-friendly wallet was the first step. Then came integrations with partners like Flexa for retail spending and Keystone for cold storage. Most recently, we worked with the NEAR team to unlock ZEC swaps through NEAR intents.
It worked. The proof is in the numbers. The wallet has driven adoption of the Zcash shielded pool by over 400%, and facilitated more than $600M in ZEC swaps since October.
Now is the time to build on that momentum and accelerate. In addition to Zodl, we are building Zallet, a full node wallet that will also underpin new desktop software. Ultimately, we intend to deliver a private, decentralized financial system as an alternative to legacy institutions.
This funding allows us to bring these ambitions to life, without relying on Zcash dev fund grants to get there.
I’m grateful for these investors who are partnering with us. These are exciting days for the ZODL team and Zcash more broadly.
We’re in the dawn of a new era.
We will get ZEC in the hands of billions.
Download at https://t.co/mQYs7IrV86
Onward.
We are pleased to announce a $5M investment into @zodl_app, alongside @a16z, @balajis, @winklevosscap, @cbventures, @friedberg, @paradigm & other leading investors
Our shareholders now have exposure to both private digital money & the most important privacy software company
👇
formula 1 sucks man, we could have had 1700 horsepower V12s revving to 30,000 rpms, instead we get to watch a bunch of hormonal teenagers drive priuses around a desert
Hi. It's a new day for Zcash!
The entire former ECC team is now Zcash Open Development Lab (ZODL), and we are rebranding the Zashi wallet to Zodl.
You don't need to do a thing, the app will rebrand with the next update.
This is just a start. Big things to come.