What fraction of ZCASH are now anonymous notes ?

[dinofelis]

I have the impression, looking at the chain explorer, that ZCASH is not being used as an anonymous coin.  Most transactions if not all are "standard bitcoin style" transactions, with open sender and receiver, and amount.

Suppose that I want to use ZCASH to be anonymous, am I then the only member of the "perfect" anonymity set of ZCASH ?

How to find out somewhere how much of ZCASH is in notes ?

[dinofelis]

I'm going to bump this.  Anyone knows how to find out (website ?) ?

[vlom]

Currently about 20% of #zcash transactions currently involve JoinSplits (aka shielded transactions).  see:
https://twitter.com/secparam/status/793581866259517440

[dinofelis]

Currently about 20% of #zcash transactions currently involve JoinSplits (aka shielded transactions).  see:
https://twitter.com/secparam/status/793581866259517440

And how does one check that ?

Because if I'm looking at

https://explorer.zcha.in/transactions

then in "shielded" there's mostly nothing.  At 20%, I should on average see one in five transactions with a shielded amount.

EDIT: in fact, if you look at the shielded values, at this point, I see 107 pages of the 1841 or something having shielded values, of which many are ridiculously small.  This puts us rather at about 6% of transactions, and very small amounts.

You can see that on the block explorer by ordering the transactions according to shielded value.

(BTW, I don't understand how one can DISPLAY the so-called "shielded value" of a transaction without telling us how much it is.... but I must be misunderstanding something here).

[FruitBucket]

If the majority of the transactions are not anonymous than this is quite bad for the coin. The default should be anonymous transaction such that even non-technical users receive the full benefit of this technology. I hope the zcash team will fix this in the future.

[g3rszpi]

I have the impression, looking at the chain explorer, that ZCASH is not being used as an anonymous coin.  Most transactions if not all are "standard bitcoin style" transactions, with open sender and receiver, and amount.

This is because 80% of the people doesn't use it because of the anonimity. Most people just send it right away to an exchange keep it there for a few day/hours then sell. And so on..

[dinofelis]

If the majority of the transactions are not anonymous than this is quite bad for the coin. The default should be anonymous transaction such that even non-technical users receive the full benefit of this technology. I hope the zcash team will fix this in the future.

This (together with the bungled (to be) trusted setup) is my main problem with ZCASH: the fact that anonymity is an option, which is actually hard to put in place.  That said, this is probably due to the fact that the computation of an anonymous transaction is very computation-heavy (takes minutes on a high-end laptop).

It is why, at the moment, I still largely prefer monero as the reference in anon coins.  ZCASH should, as you say, have been compulsory anonymous.

But most crypto is not about using crypto in any case, but just about having betting tokens on exchanges.  I already said that a few times, but for most crypto  "usage", one doesn't even need a block chain, but just an IOU on an exchange.  Poloniex could invent non-existing coins, and have them traded without devs or block chains, just accounts of IOU on the exchange. 

[vlom]

But most crypto is not about using crypto in any case, but just about having betting tokens on exchanges.  I already said that a few times, but for most crypto  "usage", one doesn't even need a block chain, but just an IOU on an exchange.  Poloniex could invent non-existing coins, and have them traded without devs or block chains, just accounts of IOU on the exchange. 

you are right. this is the sad truth. lets launch en exchange an trade IOU coins.
a lot of traders don't even have altcoins wallets installed i think. they just have a BTC wallet.

[Zer0Sum]

But most crypto is not about using crypto in any case, but just about having betting tokens on exchanges.  I already said that a few times, but for most crypto  "usage", one doesn't even need a block chain, but just an IOU on an exchange.  Poloniex could invent non-existing coins, and have them traded without devs or block chains, just accounts of IOU on the exchange. 

you are right. this is the sad truth. lets launch en exchange an trade IOU coins.
a lot of traders don't even have altcoins wallets installed i think. they just have a BTC wallet.

A CFD (Contract For Difference) exchange would have to be settled with pricing from a live coin exchange...
Without a live coin exchange providing price discovery anyone with $$$$$ could just short any coin to zero.

[bbc.reporter]

Didn't Bitmex have a CFD or a tradable instrument for zcash before it was listed in the exchanges? I remember some people in the forum were mentioning that they were worth 100 mBTC or something around that value. My question is if I bought 5 zcash coins for 100 mBTC and then the prices at the exchanges started trading crazy pricing each zcash coin at over 5 bitcoins, will I then be able to sell my CFD zcash at 5 BTC each?

[dinofelis]

Apparently the rate of anon transactions over total transactions is more or less constant:

180 pages on 2767 have shielded values which is 6.5%.