The technology behind ZCash is revolutionary. And while some argue it is new crypto ZK-snarks have been peer reviewed for some 5+ years now by the best security researchers. I agree with the general sentiment that the trusted setup could have been more detailed, open and document and also should have included more people. Why would you only use 6 people for key generation - this is a very small sample and it is quite easy to collude here. More info here: https://github.com/zcash/mpc |
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Thanks for these frequent updates! It is great to see what the LTC devs are doing and what the next steps are. I hope everything goes well with the donation.
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This hard fork shows that ETH was quite vulnerable to DDoS / Gas usage attack. What worries me is that ETH is not used that much yet. With more usage there will be more elaborate attacks, more computation etc. We could get into the same state as with the block size issue in Bitcoin were the network can not easily handle the load if ETH keeps growing.
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I just checked out the app. It shows you how many lykke coins corresponds to which share in the company. According to this the valuation is 100.000 BTC which in my opinion is too high compared to other crypto-currencies. Especially because it is still in an early stage.
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Geez, $15.24 per coin sounds kinda expensive for a starter, but I do believe that Zcash is going to be big.
According to the article this also includes an equal stake in the company. With this in mind the price per coin is infact lower, depending on how one values a stake in Zcash corp. Why mentioning the "value" of one coin... this sounds like putting a price-tag on it for me. Especially with their over-time-mine ( the 10% ) it makes NO sense to put that tag on it.
There was a lot of discussion that the coins were practically gifted to investors because their investment would be negligible compared to the coins received. This clears up that investors did take some risks on the price. |
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It will be interesting to see how this will affect the crypto landscape. Litecoin has the fourth biggest marketcap which brings anonymous crypto to a lot more users. This may help to enter a period in which anonymous tech becomes a standard for a lot more altcoins - as far as I can see, the vast majority is still not anonymous.
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Fees go up because block are full. So fees tie neatly to the block size debate. BTC developers already work on implementing various solutions such as segwit or groundwork for enabling lightning network to address the problem.
As a result, it is only a matter of time until fees will go down somewhat. Market are expecting this already which is why the BTC price will not be affected much at all.
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When it comes to privacy in the vast realm of digital currencies, non-traceable software is a big deal. On September 25, ZCoin will launch the first cryptocurrency that utilizes the Zerocoin protocol, which promises full anonymity on the blockchain.https://news.bitcoin.com/zero-knowledge-zcoin-launching-soon/ To be honest this really looks like a scam to me. ZeroCoin was the original name of the first implementation of what is now called ZCash. This is so confusing that it invites users to mix up the two and maks this look like some kind of phishing scam. Also the article makes no mention of ZCash as far as I can see. These guys actually developed the protocol. |
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Memory leak means you have to restart the program from time to time, else it could eat up all the available memory then freeze/crash.
It's nothing big and it's not a security issue.
I don't think it would cause dump unless more FUD is placed onto the forums.
It is a security issue. That is why there is a security alert. You should not be using geth at this point and use adifferent implementation. Alternatively a fix is now on the develop branch: https://github.com/ethereum/go-ethereum/pull/3006The memory leak may also be used in a larget attack on your machine, e.g. side-channel attack. Price wise it seems this had a midterm positive effect with ETH now 1% higher than 24 hours ago. This could be driven by the fast analysis of the problem and euphoria for devcon. |
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I think few people would want to receive their salary in BTC, because all bills need to be payed in Fiat anyways. As a result you will in any case end up converting to Fiat.
However, some people could prefer to receive lets say 10% of their income in BTC as an investment / inflation resistant currency. After all it save you the hassle of converting it yourself it might save you on some exchange fees and risk.
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I like this campaign - count me in. The payout is not high but neither are you forced to make hundreds of random posts. 25 posts is very reasonable.
Also, I much rather participate in a project that I like and this one looks quite good so far.
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Maybe I missed it in the whitepaper, but I don't see what advantage STEEM has on the demand side (as opposed to the supply side, which is brilliant).
Well therein lies exactly the problem of STEEM. It only works if people keep investing in the coin and platform. You would need to believe that Steem grows to Facebook / Reddit size - only then investments make sense. |
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If you look at the ETH price chart than you see a slow but steady decline of the Tops which seems to be leveling off: - May 20 0.033
- June 14 0.026
- July 23 0.022
- Aug 10 0.021
- Sept 02 0.021
This signals to me less potential growth compared to smaller Alts, which is expected with ETH having such a high marketcap. However, this drives capital out of Etherum and into new shiny Alts such as Monero or ShadowCash... |
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BYTEBALL: Totally new consensus algorithm + private untraceable payments The title is a bit of a click-bait as the DAG concept is already used in IOTA. Still, this is an interesting coin, will follow development. |
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OP what happens to the unsold coins?
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