"Allan Houston was incredible"
– Tim Duncan as Knicks beat Spurs to win Game 3 of 1999 Finals
Houston 34 points
Sprewell 24-5-5
Knicks, down 2-0, break Spurs 12-game playoff win streak
And get what would be their last Finals win at Madison Square Garden
27 years ago
Jalen Brunson "To all the students taking the Gaokao, don't be nervous…Good luck"
Josh Hart "This is your guys playoff moment, the Finals…relax…stay confident…and kill it"
Today 13 million Chinese high schoolers take the grueling all-important Gaokao college entrance exam🇨🇳
@itsREDIC@rarefinds Around 4-5 months ago 🙏
Had to snipe a Japanese auction, getting the 1988 version specifically. Most people here don't know about buyee etc.
Bitcoin and Zcash are complements, not competitors.
Supply certainty and strong privacy are both important properties of a self-sovereign money, and you can't fully get both in a single money system.
I'll explain...
Self-sovereign money means no one can mess with your funds. It means no one can block your transactions, debase your currency, or spy on your finances and then use that information to coerce you. For a money system to credibly deliver those features, it must have the following properties:
1) Sufficient decentralization, so no practical chokepoint can block you, freeze your funds, or force arbitrary changes to the rules.
2) Full supply auditability, so you can verify from the public ledger that nobody is debasing your money.
3) Strong privacy, so your financial activity does not subject you to coercion risk.
Bitcoin provides #1 and #2, but not #3.
Zcash provides #1 and #3, but not #2.
And critically, it is (or at least seems!) fundamentally impossible to engineer a system that offers full transactional privacy while also allowing anyone to run a full transparent audit of the entire supply without trusting other people’s code to be bug free.
Think about how privacy and auditability are achieved. If a chain hides transaction amounts, external observers cannot independently check the total supply from the raw public ledger. You are forced to trust the cryptography, the system design, and the implementation. An inflation bug in a shielded system could in theory stay hidden inside the same privacy that protects users’ transaction information. This opens the door to the possibility of *undetectable* inflation bugs.
By contrast, on a transparent chain like Bitcoin, any inflation bug is visible in the raw data. Anyone with a copy of the blockchain can audit the supply without trusting the code to work precisely as devs intend it to. Thus the entire class of undetectable inflation bugs does not exist in Bitcoin.
This appears to be a fundamental structural truth: you cannot have both full privacy and full transparent supply auditability in a single money system.
Hence, Bitcoin and Zcash are complements, not fundamentally competitors. If someone wants strong financial self-sovereignty and protection against the usual attack vectors on your money - inflation and coercion - you cannot fully get both types of protection by just owning/using either BTC or ZEC.
That said, there are, of course, hybrid approaches which mitigate the attack vectors for both somewhat. Zcash has turnstile accounting, which limits the vector (magnitude and velocity) of a theoretical shielded-pool inflation bug before it is detected. And on the Bitcoin side, you can jump through some hoops to use Bitcoin in a much more private manner than is typical.
Yet the fundamental tension remains. Transparent money protects you from hidden inflation. Private money protects you from surveillance and coercion. Those are different protections, which likely cannot strongly coexist in a single money system.
(and to be clear: I’m not intending to address relative value here, nor the myriad other tradeoffs in using or holding BTC vs ZEC. The above is intended as a high-level theoretical framework for thinking about the key properties you want in self-sovereign money, and what you can and cannot reasonably expect to get from the idealized versions of assets that are natively great at one property, but not another. You can decide for yourself how much you value each property, and then what tradeoffs you may or may not be willing to make to express your view in practice.)
@SoundDobad I know this may sound petty, but I can’t stand it when people put photoshop a meth pipe in my mouth. A crack pipe doesn’t have that little bowl at the end. This is why we can’t trust AI. Please make the appropriate edit. Thank you for your attention to this matter.
Hey if anyone's hiring, please let me know.
My marketable skills include:
- Buying the top before the Hades Candle
- Bullposting the top before the Hades Candle
- Being max exposed before the Hades Candle
- Poor Overall Judgment
- Being Japanese
Old crypto: lots of wallets, different chains, gas tokens, bridges, blind sign
New crypto: near(.)com to hold, trade and use all your crypto across 35+ chains confidentially by just having Intent
Future: agentic commerce on the same rails
KAT: "I don't know what it was but I just felt a calm and a peace that I don't know, had to be coming from the woman above
"I felt really confident…I felt like a kid. It was just fun out here. This is something as a kid you always dream about…to be in the NBA Finals
"All day…weird feeling. I felt like a kid getting ready to play in my Saturday and Sunday AAU games
"In a way I felt like I was seeing her in the stands
"It was really fun. It was really comforting
"Game 1 of the NBA Finals you're told how the pressure's gonna be…
"I don't know, it felt like a certain presence was here that was very comforting and very loving and I felt like I could have fun out here––in Game 1 of the NBA Finals…"
Shaq: Yes. Rest in peace to your beautiful mother"
The saylor hatred villain arc is well under way.
Rip off the bandaid & deattach from BTC/MSTR.
Last cycle's champions all become villains.
Ai has no champions. Quantum TL inevitable.
zcash:native $NEAR $HYPE
Solving quantum algorithms with AI by @eigencloud. Science is accelerating and open source is going to drive that.
NEAR is shipping post quantum crypto end of Q2 to make sure everyone has time to upgrade.