ZCash added on AlphaBay on July 1st

[go4crypto]

Zcash price does not seem to be reacting to this event so far. Let's hope some rise is there after the fact.

[dennyd999]

Just putting the letter "Z" in the begining of your transaction enables ZeroKnowledge Proof and your transaction can not be visible.

If 90% of ZCash users dont use anon transactions then those 10% that use it stands out. And this block chain analysis will trace them easily.   That is a difference between optional anonymity and an anonymity.

I think those who need annonimity will select it for their wallets.

You can not send transparent transaction to annonimous wallet. You will have only 1 option,only annonimous sending.

It will be easier,faster and chiper than using Bitcoin mixer.

[Febo]

Seems you had not understand anything I wrote. Please first stop by what will EU put 5 billions euros in. So what actually is a blockchain analysis.  https://bitcoinmagazine.com/articles/project-titanium-eus-plan-decloak-cryptocurrency/
ZCash transactions that are selected to be anonymous will not be anonymous because of those that are selected to be transparent. It is that way today and will be way more in 5 years from now when thee will be lots of analysis tools made and available for everyone to use.
Transactions can be anonymous only if all transactions are anonymous.

[dennyd999]

I get your idea man, but I can not agree with it.

Because you can not send transparently to annonimous wallet.

If I provide you adress with Z letter it is annonimous. If you will send it as T adress,transparently. Nothing will hapen because there is no such adress created before. There is only Z adress created by me and provided. And it is invisible ,because blokchain of z are not transparent.

And EU authorities can give whatever big money,but they have no chance against zk-snark.

they start effectively trace Bitcoin


Thats why alphabay adding Monero and Zcash.
They also not recommend to use Bitcoin anymore.

[bitstomake]

"The ceremony used a multi-party computation protocol with the property that the resulting parameters are secure unless all of the participants were dishonest or compromised during the ceremony."

pretty much sums it up.

[dennyd999]

"The ceremony used a multi-party computation protocol with the property that the resulting parameters are secure unless all of the participants were dishonest or compromised during the ceremony."

pretty much sums it up.

Alphabay definetly made researches from their specs.bussines depends from it. No reason to make false agreement.

[Question123]

Zcash coin is very promsing coin so i think the price of this coin will reach 1000 dollars before end of thid year 2017 or maybe in the next 2018. But we dont know what will the price of the zcash. Today is july 1 and do you think today zcash will increase because of your new have been posted. I cant wait see zcash increasing the price so hurry up buy zcash coin now yo make a lot of profit. Hold it and keep it.

[bitstomake]

"The ceremony used a multi-party computation protocol with the property that the resulting parameters are secure unless all of the participants were dishonest or compromised during the ceremony."

pretty much sums it up.

Alphabay definetly made researches from their specs.bussines depends from it. No reason to make false agreement.

Wow, AB goes down pretty much the exact moment they implement ZCash..

[Febo]

"The ceremony used a multi-party computation protocol with the property that the resulting parameters are secure unless all of the participants were dishonest or compromised during the ceremony."

pretty much sums it up.

Alphabay definetly made researches from their specs.bussines depends from it. No reason to make false agreement.

Wow, AB goes down pretty much the exact moment they implement ZCash..

https://mobile.twitter.com/zooko/status/863202798883577856

Seems ZCash is putting in backdoors.

http://www.torontosun.com/2017/05/31/36-people-arrested-in-hells-angels-raids-in-quebec

[cryptimus prime]

Wow, AB goes down pretty much the exact moment they implement ZCash..

I dont believe really in coincidences.
ZCash company statement was they would like to try to filter criminal transactions.

So maybe a backdoor is inside Zcash?

[tokeweed]

So in a way, is Zcash some sort of honey pot then?  That would be funny.  Especially the part that Zcash lead the feds to AB's doorstep, if true.

[c789]

"The ceremony used a multi-party computation protocol with the property that the resulting parameters are secure unless all of the participants were dishonest or compromised during the ceremony."

pretty much sums it up.

Alphabay definetly made researches from their specs.bussines depends from it. No reason to make false agreement.

Wow, AB goes down pretty much the exact moment they implement ZCash..

https://mobile.twitter.com/zooko/status/863202798883577856

Seems ZCash is putting in backdoors.

http://www.torontosun.com/2017/05/31/36-people-arrested-in-hells-angels-raids-in-quebec

Here's the quote from the CEO of Zcash (link above):

And by the way, I think we can successfully make Zcash too traceable for criminals like WannaCry, but still completely private & fungible

Why anyone uses anything but Monero for private transactions is beyond me. BTC is a public ledger and is not anonymous, and mixers won't hide transactions. Dash isn't private, nor is Zcash (https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php).

[Cart]

I think Monero is also good. But ZCash being added gives it a lot of publicity also!

[tokeweed]

I think Monero is also good. But ZCash being added gives it a lot of publicity also!

What do you mean 'also good'?  It's the f*cking best anon cryptocurrency out there.  Please do your research and only listen to the people who actually try to question the crypto status quo and are skeptical on what these 'oracles' try to feed us.

You could disagree with their opinions and ideas, but at least they're giving you something to think about.

[Krimster]

I think Monero is also good. But ZCash being added gives it a lot of publicity also!

What do you mean 'also good'?  It's the f*cking best anon cryptocurrency out there.  Please do your research and only listen to the people who actually try to question the crypto status quo and are skeptical on what these 'oracles' try to feed us.

You could disagree with their opinions and ideas, but at least they're giving you something to think about.

13 Kb per transaction, minimum. Sure, it is completely awesome LOL.

[sui_generis]

13 Kb per transaction, minimum. Sure, it is completely awesome LOL.

Most of that is from something called a "range proof".  They've already figured out how to reduce the size of range proofs by almost 50%. This will take effect after the next hard fork. Furthermore, in the future most users will be running light nodes, which won't need to store range proofs. So the fact that most transactions are currently 13kb is not a very good argument against Monero.

[bitstomake]

https://mobile.twitter.com/zooko/status/863202798883577856

Seems ZCash is putting in backdoors.

If the main developer is saying that.. pretty damning evidence

[dennyd999]

This all make Zcash bad investment for sure.

After Bitcoin will activate Segwit more new future will come including confidential transactions.

That will make Zcash,Monero and Dash less competitive.
I think Zcash is allready burried after Alphabay get busted by police.

Monero can fall in price too.

[comp]

Zcash killed alphabay. The markets are soon going to adopt monero, just like wallstreet

[Febo]

Zcash killed alphabay. The markets are soon going to adopt monero, just like wallstreet

Some are already adding like Wall Street Market , Trade route market and Zion. Probably some more, but I dont know.  Hansa will add Monero after multisig will be ready.