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Author Topic: Thoughts on Zcash?  (Read 123390 times)
c789
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April 11, 2017, 09:20:04 PM
 #901

Here's all you need to know: https://twitter.com/petertoddbtc/status/793584540891643906     Backdoor.

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
CoinHoarder
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April 11, 2017, 09:39:32 PM
 #902

Here's all you need to know: https://twitter.com/petertoddbtc/status/793584540891643906     Backdoor.



While there is no evidence the back door does not exist, and never will be, there is also no evidence that a backdoor does exist.

It is my belief that the Zcash team was honest in their attempt to make the trust ceremony as transparent and trustless as possible. You either have faith in this or not.

The free market is showing that it has faith that at least 1/6th of the people involved in the ceremony destroyed the toxic waste effectively by giving Zcash a $65 million dollar valuation.

Naysayers can continue to attack the validity of the ceremony, but so far... the free market has spoken.
cybernetik7
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April 11, 2017, 10:35:11 PM
 #903

zCash is getting market support. zClassic and zencoin will also be interesting.

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francism
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April 12, 2017, 06:03:11 AM
 #904

zCash is getting market support. zClassic and zencoin will also be interesting.

Zcash has never lost its market support to begin with. It's predecessor zClassic may get the same kind of support at some point as it continue to develop.
york780
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April 13, 2017, 01:15:07 PM
 #905

zCash is getting market support. zClassic and zencoin will also be interesting.

Zcash has never lost its market support to begin with. It's predecessor zClassic may get the same kind of support at some point as it continue to develop.
Zcash worst enemy is Zcash itself. High start price, more coins mined and dumped by the miners will put Zcash in a for ever bear market unless the demand will increase. That why Zcash is always decreasing and sometimes it pumps
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April 14, 2017, 11:04:34 AM
 #906

zCash is getting market support. zClassic and zencoin will also be interesting.

Zcash has never lost its market support to begin with. It's predecessor zClassic may get the same kind of support at some point as it continue to develop.
Zcash worst enemy is Zcash itself. High start price, more coins mined and dumped by the miners will put Zcash in a for ever bear market unless the demand will increase. That why Zcash is always decreasing and sometimes it pumps

Every 'big' mining coin has periods of bear trend. This is the time the mining and trading whales accumulate huge quantity of the coin. Then they spent some bitcoins to start a 100-1000% pump so they sell at that price. This is the story of eth, etc and now zcash. Since 24 Feb Zcash is in bull trend. This was anticipated and predicted by informed people on some forums. I didn't believe and now I regret it. Moreover, zcash is supported by Ethereum developers, which plan to integrate it on their blockchain for anonymity in near futue. https://btcmanager.com/devcon2-update-zcash-integration-scaling-and-adoption/
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April 14, 2017, 04:28:51 PM
 #907

Indeed, we can expect pump and dumps with this coin continue. Zcash been popular when it started and reach the point of 1500$ if am not wrong. Right now the price can be changed also really fast by traders and i think it can get faster to that point again then other altcoins. But as i said it will change only if traders would be intersted on that to make it worth more


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Fatunad
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April 14, 2017, 05:22:44 PM
 #908

Indeed, we can expect pump and dumps with this coin continue. Zcash been popular when it started and reach the point of 1500$ if am not wrong. Right now the price can be changed also really fast by traders and i think it can get faster to that point again then other altcoins. But as i said it will change only if traders would be intersted on that to make it worth more

When it started, the price was more than a few thousand bitcoins.
NoiseBoy
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April 14, 2017, 05:30:50 PM
 #909

It's all insanely brilliant mathematics, but I suspect that in the long run, Zec will go down as the world's greatest ever proof of concept and little more than that.
rangedriver
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April 14, 2017, 05:31:01 PM
 #910

At this point Zcash only exists to reimburse Zcash developers for constructing SNARKS.

Once Ethereum incorporates SNARKS there will be no use for Zcash. As Zcash started high and terminated low, it's short existence will have paid for everything.

Thus, everyone wins. (As long as you don't buy).
sui_generis
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April 14, 2017, 11:59:22 PM
 #911

At this point Zcash only exists to reimburse Zcash developers for constructing SNARKS.

Once Ethereum incorporates SNARKS there will be no use for Zcash. As Zcash started high and terminated low, it's short existence will have paid for everything.

Thus, everyone wins. (As long as you don't buy).
+1. Anyone buying into Zcash must be ignorant of this fact.
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April 15, 2017, 05:40:29 AM
Last edit: April 15, 2017, 05:51:34 AM by ivomm
 #912

At this point Zcash only exists to reimburse Zcash developers for constructing SNARKS.

Once Ethereum incorporates SNARKS there will be no use for Zcash. As Zcash started high and terminated low, it's short existence will have paid for everything.

Thus, everyone wins. (As long as you don't buy).
+1. Anyone buying into Zcash must be ignorant of this fact.

Snarks means that with smart contracts zcash transactions can be integrated on ethereum blockchain. It is like an independent exchange so that the users can choose to create anonymous tokens and verify Zcash transactions on the Ethereum blockchain. I don't see how this is bad for zcash, since it will generate more demand for zcash. Read here https://blog.ethereum.org/2017/01/19/update-integrating-zcash-ethereum/. This reminds me of DAO tokens which convert to ethereum. The only problem could be if there is a vulnerability used by some hacker like DAO, which is quite probable since even now zcash wallet has a ddos vulnerability, monitored closely by the developers. However, the
'bad' news didn't affect the price and even a big pump occured yesterday (again).
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April 19, 2017, 04:15:05 PM
 #913

At this point Zcash only exists to reimburse Zcash developers for constructing SNARKS.

Once Ethereum incorporates SNARKS there will be no use for Zcash. As Zcash started high and terminated low, it's short existence will have paid for everything.

Thus, everyone wins. (As long as you don't buy).
+1. Anyone buying into Zcash must be ignorant of this fact.

Snarks means that with smart contracts zcash transactions can be integrated on ethereum blockchain. It is like an independent exchange so that the users can choose to create anonymous tokens and verify Zcash transactions on the Ethereum blockchain. I don't see how this is bad for zcash, since it will generate more demand for zcash. Read here https://blog.ethereum.org/2017/01/19/update-integrating-zcash-ethereum/. This reminds me of DAO tokens which convert to ethereum. The only problem could be if there is a vulnerability used by some hacker like DAO, which is quite probable since even now zcash wallet has a ddos vulnerability, monitored closely by the developers. However, the
'bad' news didn't affect the price and even a big pump occured yesterday (again).

After integration, will ZEC still be anonymous?
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April 19, 2017, 05:50:31 PM
 #914

It seems their non-issue FUD paper on XMR put out by an "academic" on their team (hello, conflict of interest, and hello desperation) may have resulted in cheaper XMR. If this is the cause, I suppose thanking the Z-team is in order since I just bought a nice order of XMR at a nice price...all without having to trust any people in a trusted setup.

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
truxton
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April 20, 2017, 08:12:40 AM
 #915

Dev of Z cash wants in on the Blocknet Decentralised exchange: https://twitter.com/zooko/status/854841822417498113
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April 26, 2017, 06:05:59 AM
 #916

Dev of Z cash wants in on the Blocknet Decentralised exchange: https://twitter.com/zooko/status/854841822417498113

If that is implemented, that is good for the trading.
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April 26, 2017, 06:40:25 AM
 #917

Dev of Z cash wants in on the Blocknet Decentralised exchange: https://twitter.com/zooko/status/854841822417498113

If that is implemented, that is good for the trading.

Yes that is a good news for all the traders who are holding Zcash but there are literally no pumps or dumps and fluctuations in the market of Zcash. The starting price was too high with respect to Bitcoins and mining of Zcash may be profitable right now.
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April 26, 2017, 05:56:14 PM
 #918

Zcash trust fund soon guys
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April 27, 2017, 03:32:44 AM
 #919

Zcash trust fund soon guys

Sounds great. Happy to have Zcash on my wallet now.  Cheesy

Stay positive. Good things will happen.
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April 27, 2017, 09:51:17 AM
 #920

i don't know why all the hating on zcash it's a great coins, just need the time to get rid of that stupid 2 coins per block to the dev bullshit, in 4 years that amount will go all to the miners after that you will have a true coin, i like the anonimity of zcash more than monero at the moment, and the value is not so good because the production per day is very high and miners are making a tough pressure on the buyers walls

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