To all crypto, apply the Hal Finney test:
"If you see a proposal for an electronic money system, check to see whether it has the ability to preserve the privacy of financial transactions the way paper money does today. If not, realize that the proposal is designed to harm, not help individual privacy."
So you abandoned cash,
made a totally transparent currency,
broadcast every single financial activity to be stored on it forever,
made people KYC to buy the currency,
and never thought about the consequences?
Celebrate the launch of Ironwood with a very special guest! 🍾
On 28 July, @Zooko will join our meetup to present and field Q&A on the Ironwood upgrade and the projects of Shielded Labs.
We'll follow with a discussion on past and future visions for Zcash, featuring Zcash founding scientists and members of @ZODL_co, @Cypherpunk, and @ShieldedLabs.
Capacity is limited! RSVP early ➡️ https://t.co/rine5w4tXT
One thing that makes this work where the turnstiles only partially worked before: we're forcing the *circulating supply* of ZEC to exist only within safe pools. Any hypothetical counterfeiting is snuffed out, and Orchard transactions automatically redirect through the new pool.
@nextiscrypto@TheDesertLynx The Zcash engineers are my family, and everything good in my life traces back to Zcash. I couldn't live the rest of my life knowing I committed that kind of betrayal.
Extremely unlikely that someone has actually exploited it, hackers always dump the coins as soon as they can. We'd see it go to zero within a day if someone did that.
What Happened to Zcash (Full Explanation) with @mert and @ilblackdragon
Timestamps
00:00 Zcash Exploit Or Not?
00:41 ZK Circuit Risk Explained
02:32 Why ZEC Price Dropped
03:48 Zcash Sapling Pool 2019
05:22 No Infinite Mint Evidence
06:31 Formal Verification Is Solution
08:05 Project Tachyon Quantum Proof
11:18 AI Vulnerability Armageddon Coming
17:02 Zcash Optional Transparency Explained
21:08 NEAR Intents ZEC Inflow
24:35 Bear Case Worst Scenario
30:01 NEAR Profits On Volatility
33:43 Arthur Dumped NEAR Reaction
It's still underrated how Bitcoin is effectively a financial panopticon.
Even though pseudonymous, with AI you have to assume every wallet is fully identifiable.
Zcash.
@zodl_support@jussy_world@zodl_app Given the timing, it's almost like OP is acting in bad faith to sling FUD. 🙀
Brush up on your "analysis & research" skills, Jussy.
According to @zooko, the only way to have financial privacy in the world of AGI, is to hold and maintain a private balance of ZEC
A "ZEC Checking Account", already available for when you want to buy something privately.
- @zooko shilling @Zcash on Bankless 🎬
zcash just delivered a one‑day return that’s out‑APY’d the entire U.S. stock market’s long‑run annualized performance. the shielded pool errr the most important onchain metric in crypto right now, has also posted consistent WoW growth.
scaling @TachyonZcash in the works, post‑quantum is coming; it’s going to be an absolute face‑melting year for privacy.