Zcash’s 20% of mining reward sent to the development fund means it has committed talent working 24/7/365 on it unlike any other cryptocurrency. Many of the world’s best mathematicians and cryptographers are all-in on the Zcash protocol.
Minor bombshell re: Polymarket / MicroStrategy drama.
Will post full article a bit later, but quick teaser that afaik is original and v. additive to debate.
I was digging into the reality of whether PM really had strong "precedents" re: reporting data that falls outside an event window being inadmissible.
Basically the answer across multiple case reviews seemed no. Or at least v. inconsistent.
But then in looking at the most quoted example I found something that afaik no one else has pointed out.
Team No argues that PM's clarification on a similarly ambiguous Sep '25 MS market is binding on the current disputed one.
Weirdly, and contra to popular opinion, PM actually got a lot better after that clarification at explicitly tying new MS markets to announcement dates (vs. just "buy/sell by x date" where announcements may follow later). This was good! Ambiguity gone! It also made the '25 clarification itself more a historical footnote.
So why was this May '26 market an exception?
Because its rules were written in Dec '24!
The May '26 market is a child in an older parent event page originally created 1.5 years ago, and its key resolution terms are verbatim copy from that older parent! While the May '26 market was only created a month ago, presumably the UI lets you clone existing in-family markets and then it's up to admins to edit them. Someone may have just forgotten to update that part!
I spot-checked 10 similar MS markets that PM created after Sep '25 and 0 had this ambiguity. It appears this was just a truly unfortunate legacy exception.
As a point for Team Yes: if all the other MS markets post Sep '25 are consistent in using "announce" vs. buy/sell, why would one not take buy/sell wording at face value? How is one supposed to intuit that the wording is just a legacy holdover and that it can't be interpreted in distinction to other current contracts?
I’ve actually seen a lot of bitcoiners lament the fact saylor is involved at all. The real question is, even if the culture was majority against him, could you really stop him?
If some moron wants to build a ponzi zcash adjacent, what can the community really do to discourage it at the end of the day? Don’t really see a solution to that problem.
@robustus@Zpartanll7 market risk which is ameliorated in part by crosslink. Staking yield (which Tachyon would push up) creates a revenue source from the asset other than sales. Saylor has to sell because the only way BTC provides liquidity (other than lending to 3rd parties) is sales
a soundness bug is a greater existential risk to private chains than transparent chains because you can't necessarily fix it on a private chain immediately after it is exploited
in fact you might not know about it for an indefinite amount of time
and when you do find it and fix it you may have no way of knowing for sure whether or not it has already been exploited
this is one sense in which btc and zec are complementary (different failure modes)
"The human coordination layer around blockchain protocols is equally as important as the code its built upon. This is the case for Bitcoin, Zcash, and any other blockchain project in existence."
🎯 $ZEC
Security forks in protocols happen. Bitcoin also had an early inflation bug that Satoshi had to patch.
Zcash is a decade into its growth and Orchard is its most modern and adopted shielded pool.
This hurts the "unstoppable, private money" thesis because the core Zcash community was able to proactively coordinate the fork and indeed alter the protocol, but is also a necessary evil since a future confirmed exploit of this protocol could have created unbacked claims inside Orchard, risking insolvency or a bank-run-style exit dynamic.
The human coordination layer around blockchain protocols is equally as important as the code its built upon. This is the case for Bitcoin, Zcash, and any other blockchain project in existence.
Onwards.
Late last year, we decided to use simpler and more conservative cryptography for Tachyon to reduce the chance of bugs. Earlier this year, we hired @zksecurityXYZ to help configure our circuits for formal verification.
Zcash's future shielded pools will all be provably sound.
Many people today have demonstrated that they have no idea how a decentralized system works... 😅 Three independent groups need to self-organize: devs (math and code), miners and node operators (metal), wallets and apps (ecosystem). The social layer is foundational, not a detail.
I hate asking for money. But that’s how the system works.
Legal defense isn’t free, and I need the community’s help to keep fighting.
Please donate, share, or retweet → https://t.co/lx9E4ILDrn
Until this case is dismissed, building DeFi - protocols, UIs, tooling carries real legal risk for everyone in this space. The outcome here affects all of us.
Texas celebrates every time CA raises taxes
'17 Toyota: LA -> Dallas
'19 McKesson: SF -> Dallas
'20 Oracle: SF -> Austin
'20 CBRE: LA -> Dallas
'21 Schwab: SF -> Austin
'21 Tesla: SF -> Austin
'22 HPE: San Jose -> Houston
'24 Chevron: SF -> Houston
'26 Public Storage: LA > Dallas