@WalkDog1984 You can’t verify that tornado cash doesn’t have some vulnerability that would allow attacker to exit with all the eth, but you can verify that regardless of the vulnerability the attacker cannot increase the total eth supply.
The way to understand the ZCash bug is it’s not infinite mint of ZEC itself. It’s more like the shielded pool (Orchard) could become insolvent. Think of it more like the KelpDAO hack for ETH.
Very little reason not to proactively unshield any ZEC today. Being early to the exit is always better in a bank run. Consider Orchard burned, and don’t re-shield until there’s a new pool with a clean history
Protect your ORE from quantum threats.
Today, ORE is releasing a new quantum-safe smart wallet for holders.
Users can now custody their ORE and manage stake from a smart wallet, secured by quantum-resistant Falcon-512 keypairs.
🧵
the age of banks having a monopoly over money and locking people in to milk them in perpetuity is coming to an end
naturally, they are crashing out
if you think crypto is irrelevant, ask yourself why it makes the most powerful suits so scared
Big day for our US-based traders, and for Coinbase.
Until now, US users have been locked out of ~80% of global crypto markets (perpetual futures and options). But not anymore!
Coinbase is the first and only regulated platform able to connect US users to global crypto options and perpetual futures (including Deribit options with >$31B in OI).
Thanks to Chairman Selig and @CFTC for making this possible.
Does $ZEC deserve a higher price?
@jswihart thinks it is “terribly undervalued.”
“It is ready for prime time.”
“It is a scarce asset. It has the same tokenomics as $BTC, 21M cap supply.”
“Just technically, it is better. It is better than Bitcoin”
attack surface ! the more layers you put on the more it's exposed to hacks and scams!
Zcash has privacy at it's core and that's what people want, the others are creating a mumbo jumbo around their chains to bank on the narrative !
the privacy is needed to be built in other chains as well but not like another L2/L3 etc.. form.
gold has to be converted to some cash form before it's spent whereas zec / btc represent SOV + cash cos spendable directly to buy any other assets, easily transferrable etc.. ZEC goes a step further, a true form of cash whereby it's private closer to fiat paper money but a better form