Zcash with Proof of Stake

[Blockchain Mechanic]

I'm just curious, has anyone tried this before ? If yes and it failed or it won't work for some reason, could you explain why ? I'll admit i have not taken the time to study how Zcash works but perhaps a few pointers would help me get a quick start and see if it is feasible.

[thejaytiesto]

I'm just curious, has anyone tried this before ? If yes and it failed or it won't work for some reason, could you explain why ? I'll admit i have not taken the time to study how Zcash works but perhaps a few pointers would help me get a quick start and see if it is feasible.

As far as I know all proof of stake coins have the "nothing at stake" problem, which is a bigger problem than any of the proof of work coins could ever endure, which is why I never invested in NXT or any other coin that uses proof of stake. Therefore, I do not see Zcash improving at all by switching to PoS model. Their biggest problem is the supply release, which caused a mega bubble and now an stagnating price, and the fact that you must trust devs deleting the masterkey.

[Blockchain Mechanic]

I'm just curious, has anyone tried this before ? If yes and it failed or it won't work for some reason, could you explain why ? I'll admit i have not taken the time to study how Zcash works but perhaps a few pointers would help me get a quick start and see if it is feasible.

As far as I know all proof of stake coins have the "nothing at stake" problem, which is a bigger problem than any of the proof of work coins could ever endure, which is why I never invested in NXT or any other coin that uses proof of stake. Therefore, I do not see Zcash improving at all by switching to PoS model. Their biggest problem is the supply release, which caused a mega bubble and now an stagnating price, and the fact that you must trust devs deleting the masterkey.

Uhh... ok. Not gonna jump into that trap.

My question is technical. Is there a reason why or why not for PoS and ZKP to work together ?

[Ayers]

I'm just curious, has anyone tried this before ? If yes and it failed or it won't work for some reason, could you explain why ? I'll admit i have not taken the time to study how Zcash works but perhaps a few pointers would help me get a quick start and see if it is feasible.

As far as I know all proof of stake coins have the "nothing at stake" problem, which is a bigger problem than any of the proof of work coins could ever endure, which is why I never invested in NXT or any other coin that uses proof of stake. Therefore, I do not see Zcash improving at all by switching to PoS model. Their biggest problem is the supply release, which caused a mega bubble and now an stagnating price, and the fact that you must trust devs deleting the masterkey.

Uhh... ok. Not gonna jump into that trap.

My question is technical. Is there a reason why or why not for PoS and ZKP to work together ?

it would lead to more centralization and not equi distribution, of the coin, as they stated their motto is coins are created equal, and you need to distribute the coins first and this would be another problem

[Blockchain Mechanic]

I'm just curious, has anyone tried this before ? If yes and it failed or it won't work for some reason, could you explain why ? I'll admit i have not taken the time to study how Zcash works but perhaps a few pointers would help me get a quick start and see if it is feasible.

As far as I know all proof of stake coins have the "nothing at stake" problem, which is a bigger problem than any of the proof of work coins could ever endure, which is why I never invested in NXT or any other coin that uses proof of stake. Therefore, I do not see Zcash improving at all by switching to PoS model. Their biggest problem is the supply release, which caused a mega bubble and now an stagnating price, and the fact that you must trust devs deleting the masterkey.

Uhh... ok. Not gonna jump into that trap.

My question is technical. Is there a reason why or why not for PoS and ZKP to work together ?

it would lead to more centralization and not equi distribution, of the coin, as they stated their motto is coins are created equal, and you need to distribute the coins first and this would be another problem

Once again, my question is from a coder's pov, not an economist. As far as the "problems" with PoS, PoW Zcash and anything else, i am not delving into that argument, i feel ill just thinking about that because each system has it's pros and cons. So i'll leave those problems to an Economics Mechaninc I'll just focus on technical feasibility rather than economic logic ie i'd rather focus on the mechanics of how the blockchain works with those two ideas/technologies hand in hand.