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Author Topic: [2016-01-21] Zcash, an Untraceable Bitcoin Alternative, Launches in Alpha  (Read 378 times)
LiteCoinGuy
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January 21, 2016, 04:27:08 PM
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Zcash, an Untraceable Bitcoin Alternative, Launches in Alpha

Bitcoin may have become the currency of choice for the anonymity-loving Internet underground. But it’s never been anonymous enough for Zooko Wilcox. As he’ll remind anyone who’ll listen, the blockchain, bitcoin’s very public ledger of all transactions in its crypto-economy, means that unless bitcoin’s users funnel it through intermediaries or special software, their transactions can easily be traced.

http://www.wired.com/2016/01/zcash-an-untraceable-bitcoin-alternative-launches-in-alpha/

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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LiteCoinGuy
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January 21, 2016, 04:30:25 PM
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http://forklog.net/zcash-releases-alpha-for-untraceable-cryptocurrency/

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January 21, 2016, 10:07:40 PM
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Great idea but I don't trust some of these partners Grin

Among sponsors of the initial research there were: Israeli Ministry of Science and Technology, U.S. Defense Advanced Research Projects Agency (DARPA), the Air Force Research Laboratory, Skolkovo Foundation and others.
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January 22, 2016, 01:49:49 AM
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Great idea but I don't trust some of these partners Grin

Among sponsors of the initial research there were: Israeli Ministry of Science and Technology, U.S. Defense Advanced Research Projects Agency (DARPA), the Air Force Research Laboratory, Skolkovo Foundation and others.

Those are some serious parties to be interested in this.  Does this coin have legs?

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