[ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial)

[scolary23]

One of the things i like more from ZEC is that Zcash utilizes this ‘zero-knowledge proof’ in its core technology called zk-SNARKS

Due to its implementation of zk-SNARKS, there are two different types of Zcash addresses. T-address and Z-address. T-address means the address is transparent or public. Z-address means the address is private or hidden. The t-address works the same way with a wallet address in the bitcoin blockchain. All transactions are visible on the blockchain explorer. But, when you start utilizing the z-address, the public won’t be able to observe any information except during shielding and deshielding (where partial information can be revealed due to the involvement of a t-address).

T-address and Z-address of a wallet address are interoperable. So, ZEC coins can be sent from z-address to t-address and vice versa.


ZEC is one of the coins to hold for the future same with Monero and Dash, be sure to keep some in your bag.

agreed. Personally as someone who loves BTC I love the option of having t addresses as well. The best of both worlds. If you need privacy and know how to use the Zcash network you will be able to cover your tracks better than any other coin. All this FUD about "optional" privacy is unbelievable. Yes, having optional privacy is an issue for new users who are technically challenged and dont know how to access Z addresses....but I imagine this will begin to change as Z addresses are pushed out to mobile and exchange wallets in the near future.

Well, I do not agree. Take Monero and also get very anonymous transactions without any problems with address types. Also, Monero is older and more reliable for me personally. But this is just my opinion.

To whom it is more convenient. As far as I understand now, from anonymous and serious coins, these are Monero Dash and ZEC.
Which is better for everyone to decide for himself, who is more convenient to use.

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[taibas]

One of the things i like more from ZEC is that Zcash utilizes this ‘zero-knowledge proof’ in its core technology called zk-SNARKS

Due to its implementation of zk-SNARKS, there are two different types of Zcash addresses. T-address and Z-address. T-address means the address is transparent or public. Z-address means the address is private or hidden. The t-address works the same way with a wallet address in the bitcoin blockchain. All transactions are visible on the blockchain explorer. But, when you start utilizing the z-address, the public won’t be able to observe any information except during shielding and deshielding (where partial information can be revealed due to the involvement of a t-address).

T-address and Z-address of a wallet address are interoperable. So, ZEC coins can be sent from z-address to t-address and vice versa.


ZEC is one of the coins to hold for the future same with Monero and Dash, be sure to keep some in your bag.

agreed. Personally as someone who loves BTC I love the option of having t addresses as well. The best of both worlds. If you need privacy and know how to use the Zcash network you will be able to cover your tracks better than any other coin. All this FUD about "optional" privacy is unbelievable. Yes, having optional privacy is an issue for new users who are technically challenged and dont know how to access Z addresses....but I imagine this will begin to change as Z addresses are pushed out to mobile and exchange wallets in the near future.

Well, I do not agree. Take Monero and also get very anonymous transactions without any problems with address types. Also, Monero is older and more reliable for me personally. But this is just my opinion.

To whom it is more convenient. As far as I understand now, from anonymous and serious coins, these are Monero Dash and ZEC.
Which is better for everyone to decide for himself, who is more convenient to use.

The difference is that Monero has all transactions anonymous unless you add a memo.
Sending from one wallet to another in Monero will be anonymous.
Bytecoin is also worth mentioning as anonymous - Monero is a fork of bytecoin.

[VeeTeaSee]

Zcash looks so good to me
i still think it can go down to 27$
but not trying to catch the absolute bottom 

[PrivacyBob]

im new to Zcash
why it has the longest consolidation in crypto history
is it because of the big inflation and early hype?

[mR.k0fka]

Yeah, I thought same 2 yrs ago.
And then I realized........

What did you realize exactly?

....then I realized they are here only for the money and dev tax.

they are clearly not doing it for the dev fund only
remember that ECC could make a lot of money by taking other jobs on the side - i am sure that people reached to them with propositions

[mR.k0fka]

im new to Zcash
why it has the longest consolidation in crypto history
is it because of the big inflation and early hype?

Welcome.
i don't really know what the reasons are, but if you are new you have much less worries.. i guess you came in a good time

[Raja_MBZ]

This is an extremely interesting thread related to the ZCash's Founders' reward debate:

https://twitter.com/AriannaSimpson/status/1183800353252413442

A must-read if you're following ZCash!

[CjMapope]

This is an extremely interesting thread related to the ZCash's Founders' reward debate:

https://twitter.com/AriannaSimpson/status/1183800353252413442

A must-read if you're following ZCash!

gonna check it out, thx for the link!
tbh, between the no bounds greed of the founders with their 20% Tax from miners, and the constant selling out to cooperations, toxic waste problems, etc etc
almost seems zcash is a meme at this point, its just lucky people aren't tecky enough to see it
market has spoken i suppose tho, 25$ and falling, gonna be a good pump hehe

[JoenNL]

This is an extremely interesting thread related to the ZCash's Founders' reward debate:

https://twitter.com/AriannaSimpson/status/1183800353252413442

A must-read if you're following ZCash!

gonna check it out, thx for the link!
tbh, between the no bounds greed of the founders with their 20% Tax from miners, and the constant selling out to cooperations, toxic waste problems, etc etc
almost seems zcash is a meme at this point, its just lucky people aren't tecky enough to see it
market has spoken i suppose tho, 25$ and falling, gonna be a good pump hehe

Zcash is more useable than BTC. Who wants to wait 5 hours to get some gas or goods? Zcash can have confirmed within an hours time only

hey! i didn't follow this project for a long time, i mined it in the early days.. But is it still asic resistant?

[TimeTeller]

This is an extremely interesting thread related to the ZCash's Founders' reward debate:

https://twitter.com/AriannaSimpson/status/1183800353252413442

A must-read if you're following ZCash!

gonna check it out, thx for the link!
tbh, between the no bounds greed of the founders with their 20% Tax from miners, and the constant selling out to cooperations, toxic waste problems, etc etc
almost seems zcash is a meme at this point, its just lucky people aren't tecky enough to see it
market has spoken i suppose tho, 25$ and falling, gonna be a good pump hehe

Zcash is more useable than BTC. Who wants to wait 5 hours to get some gas or goods? Zcash can have confirmed within an hours time only

But still a lot of crypto users don't know the benefits of using ZCash up until now especially the new ones.
Maybe they need another round of good promotion highlighting the benefits of zcash?
Or maybe not. Their 24-hr trading volume alone in various exchanges is giving the notion that they are still doing great at the moment.

[MATHReX]

hey! i didn't follow this project for a long time, i mined it in the early days.. But is it still asic resistant?

Not at all.
ASICs have been available for Zcash for some time now from Bitmain, Innosilicon.

[Sincere_]

Picked up some ZEC at current prices this am I think it could go lower but have to jump back on with this is a great price but even lower will be even better. Wish I caught that dump on coinbase to I think it was $18-19 anyone know what happen it was like a flash dump when I tried to buy it went back to $30 something which was weird. And I think it was only at coinbase

[VeeTeaSee]

Picked up some ZEC at current prices this am I think it could go lower but have to jump back on with this is a great price but even lower will be even better. Wish I caught that dump on coinbase to I think it was $18-19 anyone know what happen it was like a flash dump when I tried to buy it went back to $30 something which was weird. And I think it was only at coinbase

the dump on coinbase was a bug in the chart
you could not really buy for that price

[Raja_MBZ]

What's the current time?

This is absolutely amazing! Good work Zooko!

[DosManos]

is there a way to check how many t address holders there are and what amount of coins they have?

thanks in advance

[Cimmy_revenger]

ZEC ( ZCASH )Will be listing on exchanger INDODAX
November 13, 2019
Source
https://twitter.com/indodax/status/1191973605409742849?s=19

https://www.instagram.com/p/B4g8rReAKDy/?igshid=rxb261r1xb7q

More information https://blog.indodax.com/zcash-monero-listing-on-indodax/

[Godex_io]

Anonymous exchanger GODEX added shielded addresses for depositing Zcash:
https://medium.com/@account_94523/shielded-address-fulfilling-zcash-potential-f2f9635226ec
https://godex.io/exchange/?coin_from=zec&coin_to=btc

[Karto]

is there a way to check how many t address holders there are and what amount of coins they have?

thanks in advance

explorer.zecmate.com/rich-list

and more useful info at

coinmetrics.io/charts

[IlyaVak]

Altcoinlog about Zcash



Detailed review of the Zcash project, development team and development prospects. Available pools for tuning, operating exchanges where you can buy coins.

Article in Russian.

https://altcoinlog.com/what-is-zcash/

[Raja_MBZ]

LOL, this meme never gets outdated - ZEC reached a new all-time low yet again today!