diro

it’s not crypto if it’s not encrypted

u1f9hjqlmxu0zdmxhsyt0kz2pksrcnd03lfys3qjvam68s0nzz2kxnej97sruvj8st0l8gnzn88hdzp23rc8asz7acltz208zdxgz6jwqeqpzekpz0px453r2

[diro @diro_opinion]

If the very people who understand how privacy fails in our digital world don’t fight for it, who will?

It’s like a bystander witnessing a crime against someone else and choosing to do nothing.

The time to act is now, or never.

[diro @diro_opinion]

@LynxCollection @Zcash @paulbrigner @bitlarrain @ztackingzats @BTCTurtle @zcash_community @tyler @cameron @cypherpunk bought the hard cover version!

[diro @diro_opinion]

Yeah right... but it doesn't have a hard cap.

[John Woods @JohnAlanWoods]

Unlike Zcash, the Monero supply is cryptographically auditable.

https://t.co/sHCPxHgpAK

[zooko🛡🦓🦓🦓 ⓩ @zooko]

https://t.co/pYEkPgqxfG

[Ethan Kravitz @EthosVentures]

> whitehat hired to find any extremely obscure bugs before bad guys find them
> whitehat succeeds at job hired for
> bug immediately patched, no evidence of exploit
> people freak out that person did their job

[mert @mert]

since this comes up every few months, a refresher:

- first, there *is* a way to prove the bug wasn't exploited, more on this below

- the fundamental tradeoff in a strict privacy pool is that if there's a bug, it could be utilized without immediate detection. this is the same for almost all privacy protocols without audit keys and with circuits

- it's similar to any other crypto bug, like defi, in that something could be exploited and moved to a different chain. there are bugs lurking all over defi, blockchains, and all software at all times. the difference is that given the privacy, it's obviously harder to detect timely

- note that this has always been the case with any of these things (and zcash isn't unique here, the other notable privacy project you're thinking of also has the risk of counterfeit bugs), so nothing is "new" except for the fact that understandably not everyone knows the technical tradeoffs

- in zcash, you have guardrails to detect this so the supply would never increase past 21M *but* the ppl in that pool would get shafted unless there's social consensus, which would admittedly be messy

- recently, the zcash core teams have been increasingly using advanced tools and hiring external security firms to audit themselves to keep improving security

- this is also why it's harder than it sounds to just add privacy to an L1 or L2 (without audit keys) because you want a high concentration of security researchers and cryptographers looking at this at all times. it's also why "dino" projects are interesting because they've survived this long.

- now with this new effort, one of these was a hit and the team immediately patched the bug they found

- you can be reasonably sure that it wasn't exploited given a number of signals, but you can't definitively prove it unless either:

i) the turnstile is triggered

ii) the wallets start pointing to a new pool to migrate (there have been 3 such migrations in the past for example) which would then prove this

luckily, there has been work on creating a new pool that's provably sound, formally verified, and quantum proof this whole time with @TachyonZcash (which is also how I first got introduced to zcash)

so once that migration is done, you will have full certainty

[Roman Storm 🇺🇸 🌪️ @rstormsf]

@mert FreeRogerNow platform has added Unified ZEC address support for donations:

[nic carter @nic_carter]

@notthreadguy Zcash

[diro @diro_opinion]

@saylor sold 32 Bitcoin... but soon he will be able to rebuy 33 Bitcoin instead. That's a win in my book! A better trader then most!

[banditxbt @banditxbt]

Threadguy says he's GENUINELY SAD that Michael Saylor sold 32 Bitcoin

"I genuinely am sad about Michael Saylor selling okay... I'm not sad because of the price - I'm sad because I took this 'How many chairs are you sitting on?' very seriously"

"It feels like the worst of both worlds... Saylor sells so on one hand you rip that band aid off - but his sell is so insignificant that you don't really get to test liquidity in the market"

"He sold nothing - he sold a complete rounding error worth of bitcoin:native - But we're dumping because everyone is like 'omg Saylor is selling' - so you still have the overhang of what happens when he sells $1,000,000,000... and you don't actually know"

[diro @diro_opinion]

@bagsheera If you think 709 is the highest it will go... then why would you be holding it at all? For a 6% gain?! What is the point? Just sell it.

[diro @diro_opinion]

@Ryker_Crypto Dude it has been accumulated for 10 years...

[diro @diro_opinion]

Y'all know what's the best part of Zcash?!
Craig Wright doesn't claim he invented it. Yet atleast.

ZEC to $5000 minimum!

[diro @diro_opinion]

@gladstein @marjanul78 Yeah sure buddy.

[diro @diro_opinion]

@jussy_world Now imagine shielding it from your bedroom... no flight to switzerland! That's what Zcash is about.

[diro @diro_opinion]

The multi billion swiss banking system was built around privacy and confidentiality.

Most people in the world know Switzerland for only this one service it provides.

Zcash is same... but better... same same... but different.

[jussy @jussy_world]

I get it why $HYPE, no doubts

But why $ZEC?

Can someone explain to me like I’m 5?

I don’t see that the privacy narative is so big

[Sean Bowe @ebfull]

Currently in the best possible spot:

1. all the resources I need to make Zcash planetary scale
2. the best talent working with me
3. fun cryptography I *want* to work on all the time
4. *most importantly* health and family

Huge thanks to the ZEC holders!

[qw @QwQiao]

continue to believe that zcash is the last possible 1000x in crypto.

gov overreach, money printing, rise in socialism, quantum. all massive multi-decade tailwinds.

as with btc, don’t trade it. accumulate during periods of apathy and hold it for 10-20yrs.

[NS @ns]

Towards the Zcash Network State.

[Balaji @balajis]

Zodl makes Zcash easy.
Zcash makes privacy normal.

[Zodl (fka Zashi) @zodl_app]

https://t.co/XvVjyshSGm

[Josh Swihart 🛡 @jswihart]

Ready?