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Author Topic: Thoughts on Zcash?  (Read 123376 times)
vapourminer
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what is this "brake pedal" you speak of?


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November 01, 2016, 03:37:22 PM
 #581

I was expecting for anoncoins to be outlawed sooner or later and now they fund them instead?

"if you cant beat them..."
cunicula
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November 01, 2016, 03:45:56 PM
 #582

Quote
Thoughts on Zcash

Zcash is implemented as an inferior crypto 1.0 blockchain, they are making the same mistake that bitcoin made.Even though you use DAC(decentralized autonomous company) then there is no point of privacy.
so better way is to be away from such projects..

quite often in life you will get projects like SYNC and ZCASH whose dev will mint money from you.
btcmerich
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November 01, 2016, 04:35:22 PM
 #583

Quote
Thoughts on Zcash

Zcash is implemented as an inferior crypto 1.0 blockchain, they are making the same mistake that bitcoin made.Even though you use DAC(decentralized autonomous company) then there is no point of privacy.
so better way is to be away from such projects..

quite often in life you will get projects like SYNC and ZCASH whose dev will mint money from you.

very well said. zcash is not bringing anything new to the table and also on top of this they want to make fast money. So i stay away until we get no blockchain based no fee crypto comes along that is decenterlized

Spacemarko
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November 02, 2016, 08:14:01 AM
 #584

what is the latest working nvidia miner?
lokojones
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November 02, 2016, 05:08:16 PM
 #585

the most funny coin ever created... personally I dont think anyone with right mind would buy this right now apart of pump brigade, which is great becouse they will
loose a lot of bitcoins:)

this stupid price cant last for long they dont have enough bitocins to buy them all and keep price on this level...

when slow reward get finish, around 30 days plenty of new zcash will hit exchange and price will get fucked nicely...

supply is super low right now thats why the can control the price! 

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classicsucks
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November 02, 2016, 06:27:59 PM
 #586

I'm glad to find this thread on Zcash. I was having trouble getting complete information on the project, the specs for the coin, and its privacy aspects. After an hour of reading, I have concerns about:

* Grant funding and Israeli military connections
* "golden" master keys - dafuq?
* Developer subsidy built in
* Excessive positive hype and ridiculous initial trading prices
* a bug which is causing unconfirmed transactions for miners (https://github.com/zcash/zcash/issues/1705)
* The way this Zooko creep cracks his knuckles nervously (https://youtu.be/O8QA6Nvg8RI?t=5377)

I think I'm done here...
ccminer.net
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November 02, 2016, 09:23:24 PM
 #587

I'm glad to find this thread on Zcash. I was having trouble getting complete information on the project, the specs for the coin, and its privacy aspects. After an hour of reading, I have concerns about:

* Grant funding and Israeli military connections
* "golden" master keys - dafuq?
* Developer subsidy built in
* Excessive positive hype and ridiculous initial trading prices
* a bug which is causing unconfirmed transactions for miners (https://github.com/zcash/zcash/issues/1705)
* The way this Zooko creep cracks his knuckles nervously (https://youtu.be/O8QA6Nvg8RI?t=5377)

I think I'm done here...


Israeli, USD and EU connections fuck all of them
THIS COIN IS THE BIGGEST SHIT EVER SEEN IN CRYPTO SO FAR!!!
matejbilahora
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Community built, Privacy driven


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November 03, 2016, 02:23:55 PM
 #588

Is it true that more pools means more mining? Saw that some are not receiving their mined coins, by the way I am still waiting for my first transaction mined on suprnova at sell rate of 50btc for 1zec. How difficult it is to create mining pool?
ccminer.net
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November 03, 2016, 02:52:24 PM
 #589

Is it true that more pools means more mining? Saw that some are not receiving their mined coins, by the way I am still waiting for my first transaction mined on suprnova at sell rate of 50btc for 1zec. How difficult it is to create mining pool?

50 btc for 1 zec LOL what a joke
samspaces
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November 03, 2016, 02:53:08 PM
 #590

I'm glad to find this thread on Zcash. I was having trouble getting complete information on the project, the specs for the coin, and its privacy aspects. After an hour of reading, I have concerns about:

* Grant funding and Israeli military connections
* "golden" master keys - dafuq?
* Developer subsidy built in
* Excessive positive hype and ridiculous initial trading prices
* a bug which is causing unconfirmed transactions for miners (https://github.com/zcash/zcash/issues/1705)
* The way this Zooko creep cracks his knuckles nervously (https://youtu.be/O8QA6Nvg8RI?t=5377)

I think I'm done here...


You can add that the whole hype reason, untraceable transactions, don't work.
jabaguru
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November 03, 2016, 04:07:57 PM
 #591

This is a scam coin. The price is high to make people use their BTCs to buy, but some time later the price down a lot! I don't think it's a good deal. I won't use my BTCs to exchange into this Zcash, looks very artificial for me.
classicsucks
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November 03, 2016, 04:43:55 PM
 #592

I'm glad to find this thread on Zcash. I was having trouble getting complete information on the project, the specs for the coin, and its privacy aspects. After an hour of reading, I have concerns about:

* Grant funding and Israeli military connections
* "golden" master keys - dafuq?
* Developer subsidy built in
* Excessive positive hype and ridiculous initial trading prices
* a bug which is causing unconfirmed transactions for miners (https://github.com/zcash/zcash/issues/1705)
* The way this Zooko creep cracks his knuckles nervously (https://youtu.be/O8QA6Nvg8RI?t=5377)

I think I'm done here...


You can add that the whole hype reason, untraceable transactions, don't work.

heh, that's unfortunate isn't it? You'd think the Mossad would test their software better.

Dabs
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The Concierge of Crypto


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November 03, 2016, 05:17:52 PM
 #593

You don't need a new coin to "anonymize" your bitcoins. There's coin join, join market, coin shuffle, confidential transactions, and the usual mixers, laundries, and any shared wallets (exchanges, game sites). Anonymity is so overrated.

btcmerich
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November 03, 2016, 06:16:25 PM
 #594

it would be nice to know why Israeli airforce has invested into this bullshit tech. what do they want to achieve?
European Central Bank
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November 03, 2016, 06:22:15 PM
 #595

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

get their enemies into it and then open up that back door and clean them out. saves a few bombs and some jet fuel too.
Atmintan
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November 03, 2016, 07:02:27 PM
 #596

Is it true that more pools means more mining? Saw that some are not receiving their mined coins, by the way I am still waiting for my first transaction mined on suprnova at sell rate of 50btc for 1zec. How difficult it is to create mining pool?

50 btc for 1 zec LOL what a joke

When there is enough supply in a few months, the ZEC price will reduce to between 0.1 to 1 bitcoin.
neguinho
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November 03, 2016, 08:45:48 PM
 #597


Here mining cloud https://www.zerocashcloud.com/?ref=13

Hueristic
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Doomed to see the future and unable to prevent it


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November 03, 2016, 09:52:03 PM
 #598


LOL, requires JS.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
FrannWilder
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November 04, 2016, 12:13:43 AM
 #599

You don't need a new coin to "anonymize" your bitcoins. There's coin join, join market, coin shuffle, confidential transactions, and the usual mixers, laundries, and any shared wallets (exchanges, game sites). Anonymity is so overrated.

Indeed we already have a lot of options we can take these days so why would we need it, I think its just not needed these days...
Maybe in the future when its more known or something.
hyc
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November 04, 2016, 01:47:41 AM
 #600

You don't need a new coin to "anonymize" your bitcoins. There's coin join, join market, coin shuffle, confidential transactions, and the usual mixers, laundries, and any shared wallets (exchanges, game sites). Anonymity is so overrated.

Indeed we already have a lot of options we can take these days so why would we need it, I think its just not needed these days...
Maybe in the future when its more known or something.

Unfortunately the majority of those options don't actually work. I.e., they don't give you anonymity or privacy.

https://www.cryptocoinsnews.com/govt-realized-bitcoin-not-shut-says-u-s-federal-prosecutor/

The only one that actually works, here and now, and into the future, is XMR.
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