Thoughts on Zcash?

[jpnl0003]

i for one cannot say what exactly is happening with the price of ZCASH but i believe the team and developers have to put in more effort into the project to ensure that the value of zcash appreciates because it has been devalued for so long

[1714663191]

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[1714663191]

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[1714663191]

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[vikl56]

Zcash vs. Bitcoin: Extremely similar but different In spite of many structural similarities with Satoshi Nakamoto’s Bitcoin design, Zcash leverages advanced new encryption techniques to provide optional and improved Over privacy and transparency, and using its own unique blockchain. Zcash's token supply model is very similar to Bitcoin - it also has a fixed and known distribution model. Production is halved once every four years. And Zcash (ZEC), like Bitcoin (BTC), has a maximum supply of 21 million.

[BitcoinCazh]

that is good news for zcash and i think its will making zcash more popular and its can going to the moon, but dont be happy first, stay looking about threat and more opportunities for more choice

[ivomm]

He deleted Peter Todd's Asic resistance code.

Where did You get this information? I would like to know the sources. Or is it just the conclusions of Your own investigation?

From todd's twitter.
https://twitter.com/peterktodd/status/992309206572138496
https://twitter.com/peterktodd/status/993108684585644038

[xjcjf]

China's mining hardware maker Bitmain has developed ASIC mining machines that are compatible with the Equihash mining algorithm. In response, the Zcash Foundation announced that maintaining ASIC resistance will be their current "technology focus." ASIC chips are more efficient than general-purpose GPUs, and some even think Bitland has long been using ASICs to mine. Once this kind of mining machine is put into the market, the Zcash mining field will be completely changed. The project must make a decision whether to peacefully coexist with ASIC or promise to take radical measures to prevent such devices from operating in the Zcash network.

[bibitao27]

Will I ever be able to recover? Any idea of a pump any time soon?

[bunchakhongmz999]

the coin is going no where, lots of ppl will burn cause the price will be always on a downtrend ! mark my words..!

[sdjkhxz8977777]

I guess it's a race to the bottom and we'll see 0.1 by the end of this week.

[BountyX]

Researchers have identified patterns in certain kinds of zcash transactions that weaken their anonymity, according to a paper published Tuesday.

(...)

Would the same vulnerabilities affect also other coins based on Zcash, like ZEN, Hush, Zclassic etc? Any infos on that?

[Robin,Hood]

Its a road to no-where because of the inflationary structure. Anything similar to fiat is doomed in the long run.
Lets face it we are in crypto to escape the 2.x% loss of wealth year after year.

[mindrust]

the coin is going no where, lots of ppl will burn cause the price will be always on a downtrend ! mark my words..!

What did you expect the project was bogus since the beginning. It literally screams "wassa wassa wassa wassa, that's uh scaaam"

>Who are your investors? How is Zcash funded?

In the summer of 2016 there was a private raise that included the following new and already established funders: Aaron Grieshaber, Branson Bollinger, Maple Ventures (Amir Chetrit and Steven Nerayoff), Brian Cartmell, Vlad Zamfir, Roger Ver, Digital Currency Group, Barry Silbert, Charles Songhurst, Fenbushi, Shapeshift, Erik Voorhees, David Lee Kuo Chuen, Fred Ehrsam, Sebastian Serrano, and Li Xiaolai.

>What is the Founders’ Reward?

10% of the eventual monetary base goes to the founders. The Founders’ Reward is distributed incrementally over the first four years of mining

Do you know what Zcash and Bcash have in common other than the name similarity?

Both are centralized piece of shitcoins created by Roger Vermin to scam its users.

Get rekt.

[Kinoman]

A great coin. Today I got a huge profit thanks to this coin. I did not expect the coin to grow very much in one day. I wish Zcash developers great success.

[Volk-05]

If you raise the money then fix it, or not where it went up - there it will go down ....!

[kaicrypzen]

Is there an ANN page for Zcash at bitcointalk?

Nope, the creators never created a thread on Bitcointalk. As far as I can remember, this has been the thread where ZCash has been discussed on this forum.

[Matkurb]

Is there an ANN page for Zcash at bitcointalk?

I think that is the official forum.
https://forum.z.cash/

[dmwardjr]

Is there an ANN page for Zcash at bitcointalk?

I think that is the official forum.
https://forum.z.cash/

It is...

[Gromx]

Zcash is one of the best confidential coins on the market. Strong team and technology.We can say that Zcash is a competitor of bitcoin."Electronic money."I think the price of the coin will only rise in the long run.

[dmwardjr]

Zcash is one of the best confidential coins on the market. Strong team and technology.We can say that Zcash is a competitor of bitcoin."Electronic money."I think the price of the coin will only rise in the long run.

Sure, it will rise.  However, it's slowly losing "trust" from those of us (GPU miners) who mined it for them to get them going.  Why losing "trust?"  Because they said, "ASIC-Resistance."  Zooko, is not doing a very good job in regards to supporting the community of miners who supported him.  Many others, such as ZEN and BTG, came out rather quickly telling BITMAIN they will FORK to maintain ASIC resistance.  They may do it with PROG Proof of Work.  Which see:  "EIP1057 VOTE True ASIC Resistant ProgPOW for Ethereum & ZCash New Proof of Work" - https://www.youtube.com/watch?v=P6B-ZCyP6K8&t=1s. AND "ZCASH FORK IN TO 2 CHAINS? BITMAIN ANTMINER Z9 MINI ASIC! ZEC Co. CLASS-ACTION LAWSUIT?" - https://www.youtube.com/watch?v=oPdnG03eI58

The "majority" of the "community" behind ZEC are the GPU miners.  We (GPU Miners) are the majority holders/users of ZEC.  IF they push us out in favor of one big company (BITMAIN), they will lose a lot of their "community" and many will move on to other privacy coins that will fork or have already forked off from ASICs, such as ZEN, BTG and XMR.  It will ultimately end up being only a speculation coin with little usage in main stream.  The only users will be speculators and BIG corporate miners like BITMAIN.  I want no part of that.  PERIOD.

Why should I [As a GPU Miner] continue to support a coin who's developers decide to cozy up to one big corporation (BITMAIN) and basically tell us (GPU Miners), "We appreciate the kick-off you helped us with.  I know we said, ASIC Resistance but you can screw off now...  We're going ASIC."  Cause that's the way Zooko is acting at the moment.

What really pisses me off is the way "Cryptomined" (The one who made those 2 videos I provided links to) was BANNED FOR 6 MONTHS from their official forum because of what he said in his video, "ZCASH FORK IN TO 2 CHAINS? BITMAIN ANTMINER Z9 MINI ASIC! ZEC Co. CLASS-ACTION LAWSUIT?" - https://www.youtube.com/watch?v=oPdnG03eI58.  He was not disrespectful.  Simply voiced his opinion without cursing anyone, etc...  That was flat out WRONG and they have no respect for FREEDOM OF SPEECH.  Not even with what is said OFF THE FORUM.  What FREEDOM LOVING PERSON would want ANYTHING to do with people like that?

What's going to occur [If ZCashCo. continues down this path] is push away their community [Who joined them and supported them] towards other privacy coins like ZEN, BTG and XMR.  "Community" is what helps get a coin in mainstream adoption in retail stores, etc...  I'm not saying ZEC will never go mainstream.  I'm simply saying it will take LONGER for them to go mainstream if they push away a large portion of the "community" who got them off their feet and kept their network running secure.  Yes, Gemini exchange accepting ZEC soon will help give them a boost in the "speculation" world.  However, there is no "community" for a coin in the Trading world.  They will cause GPU miners to go our separate ways and NEVER do business with ZEC again.  PERIOD

What's the point of declaring "ASIC Resistance" if you're not even going to put forth the effort to RESIST?  Not even TRY to resist?  GPU miners made investments based off that white paper which said, "ASIC Resistant" and now Zooko acts like he does not even want to RESIST.    His current actions are PATHETIC...

[hienvienlang]

it would be nice to know why Israeli airforce has invested into this tech. what do they want to achieve?

[waybsn]

Did it listed on poloniex