btw this isn’t the first time a bug like this was discovered in zcash. last time it was disclosed after being a year+ in the wild and everyone lost faith and zcash went to zero for 7 years, until they found a new generation of buyers who doesn’t know the history (that’s you)
So is the tldr on the zec bug fix that it was an exploit that has been live for years, could’ve resulted in people printing new coins into the shielded pool, but there’s no way to verify or deny this? There’s also no way to prove scarcity in the shielded pool? (There could actually be more than 21M coins?)
I’m reading this on the timeline, who can confirm?
If any of this is true, it immediately debunks the case for zec to ever be a SoV. If you can’t prove scarcity, it just hard stops there.
Thesis on $Ratspeak // 710k mcap, age 8d 12h // 570k 24h volume
0xf1e9baa65d418a9025e1851dd2d37f1ad208bba3
Pls claim bro meta done the right way?
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What it is; people want privacy + communication should still work during outages (/disasters), censorship, poor internet connectivity or when traditional platforms fail.
Ratspeak is the solution to that. A fully open-source encrypted messaging stack built on Reticulum which is a mesh networking protocol that routes messages over LoRa radio, TCP, Bluetooth, I2P or any other available physical medium. (Instead of relying entirely on the internet)
No DNS, no IP, no central server that can be seized/shut down.
= no accounts, no phone numbers, no company in the middle = full privacy.
Your identity on there is a cryptographic keypair you generate yourself. Think of it like a padlock only you have the key to. Every other messaging platform you use have central systems. Signal trusts AWS, Whatsapp > Meta, Telegram > Telegram. They are centralized, and thus you have a dependancy problem.
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About the dev ;
Eight years building in crypto (eth mainly). Worked at @KyberNetwork , @aave & @BuildaProtocol before. I read his article he posted on the token and he sounded very genuine and passionate about his project.
He built Ratspeak entirely unpaid & when he revealed his project to the public people launched tokens. Initially he had a defensive reaction— which makes sense when you get spammed to claim/endorse everywhere. Eventually he educated himself & a community formed around his project organically— then $10,000 in fees appeared. He already burned like 2% tokens from circulation (burning = permanently deleting them, reducing supply) and committed to only using wETH trading fees to fund development. The tokens from fees are burned.
He also released a governance platform for the holders today which shows he genuinely cares about bringing value back to the token. That’s why I eventually bought. He seems like a good guy (read his pinned article on the token @defidude)
Embracing the token, being transparent about it’s usecases, doing his best to build those usecases and give the community a reason to invest in the token -> he’s getting more fees to build his passion project = win-win
That's the dev profile.
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Core products
(He’s been working on this for months before bringing it to the public)
> Flagship Ratspeak app (v1.0.6+) -> a full cross-platform end-to-end encrypted messaging app (file, image, delivery receipts, p2p voice calls)
> Flashable firmware to turn cheap ESP32 devices into portable mesh nodes with an in-browser setup tool that requires zero coding.
>…
“Only reading pages of docs will make your eyes open wide”
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TLDR; Privacy narrative. The scale & technicality of this project. Genuine dev. Passion project. And the token is embraced well.
+ The narrative gets stronger every time the world reminds you why you shouldn't trust centralized platforms with your ability to communicate.
Higher it.
NFA. DYOR. Follow for more 🫡
@KampnerSam Literally @fomo . But its crypto, havent seen it for stocks. Also @echodotxyz has some social ranking for their products. i bet you can learn from these and get some ideas
ICYMI: FOUNDER AND CEO OF ICE (OWNER OF @NYSE) SAYS HE HAS MET WITH @HyperliquidX TEAM A NUMBER OF TIMES "TO TALK ABOUT WHAT THEY'RE DOING, WHAT WE'RE DOING, WHERE THERE MAY BE SOME OVERLAP THAT WE CAN WORK TOGETHER ON"
"THEY HAVE GOTTEN ATTENTION BECAUSE THEY'VE BEEN TRADING OIL ON THE WEEKENDS WHEN OUR TRADITIONAL OIL MARKETS ARE CLOSED"
"THEY'VE LISTED SPACEX FOR TRADING -- OR THEY'VE LISTED A DERIVATIVE OF SPACEX FOR TRADING. AND I THINK IT'S GOING TO BE REALLY INTERESTING TO WATCH ON JUNE 11 WHEN SPACEX GOES PUBLIC, WHAT THIS PRIVATE MARKET HAS DISCOVERED AS THE PRICE AND WHETHER THAT PRICE IMPACTS THE IPO"
"... DEPENDING ON HOW MUCH LEVERAGE IS ALLOWED, YOU'RE GOING TO HAVE RETAIL ESSENTIALLY MATHEMATICALLY ARE GOING TO BE PUTTING A LOT OF CAPITAL AT RISK ON THAT IPO. IT MAY -- DEPENDING HOW BIG THIS GETS, IT COULD BE BIGGER THAN THE IPO"
H/T: @TheOneandOmsy
SOURCE: https://t.co/SV96RdEukB
$rail had finally joined the movers. Beautiful candles.
$hype has taken the lead from pumpcade and is now my biggest holding.
All of them at higher prices now.