█████ ***** THE ZEROCASH SOURCE - Truly anonymous coin ***** █████

[durrrr]

What makes this coin truly annonymous? does this mean this coin could never be taxed by the irs? this would be an awesome idea then

[Ebrelus]

They have a great goal. I hope they can make it. And we will know if it is a break throu when we will get to know code and how it will work.
They don't need to rush. Most important is to see it well desiged, finished and working.

[TTM]

What makes this coin truly annonymous? does this mean this coin could never be taxed by the irs? this would be an awesome idea then

It make your transactions encrypted, but it will not help you evade tax. If you exchangers or retailers report your purchases to IRS (yeah probably they will do that), you would be taxed.

[LiteCoinGuy]

ZeroCash: ZeroCoin meets SCIPR-lab

https://www.youtube.com/watch?v=l7LSSE0bRRo

[tslimx]

ZeroCash: ZeroCoin meets SCIPR-lab

https://www.youtube.com/watch?v=l7LSSE0bRRo

Wow thanks, just when i couldn't sleep an had a urge to check the thread you gimme some goodies to look at

[LiteCoinGuy]

How Two Alt-Coins Could Shape The Future of Bitcoin

http://cryptocrimson.com/2014/04/two-alt-coins-shape-future-bitcoin/

The second digital currency worth noting, which also provides enhanced security for P2P transactions is Zerocoin, which is specifically mentioned in Vessenes’ letter. Zerocoin, according to the their website, is different [ ], as this particular digital currency would act as an “extension” to bitcoin and while the coin has yet to launch its future remains vague. I say vague in that Zerocoin’s original plan is outlined below; however, I must note that Zerocoin now has plans to implement their own version of the coin as opposed to being simply an add-on to the bitcoin network that will likely be launched by May 18th as an independent digital currency. Vessenes letter; however, may change things for the digital currency as privacy becomes a growing concern for bitcoin.

...

[pizzaboy69696969]

Can't wait for this, hopin' for some announcements soon!

[Lordoftherigs]

Is it going to launch in may ? In the article it says 18th May ... can anyone confirm this ?

[LiteCoinGuy]

Is it going to launch in may ? In the article it says 18th May ... can anyone confirm this ?

i guess we will have some more infos in may (hopefully) but i dont think that the launch is in may.

[yayayo]

Is it going to launch in may ? In the article it says 18th May ... can anyone confirm this ?

i guess we will have some more infos in may (hopefully) but i dont think that the launch is in may.

Hope to hear from this project soon again. The homepage did not see updates for a longer period. Would be sad if the project was abandoned.

ya.ya.yo!

[LiteCoinGuy]

Is it going to launch in may ? In the article it says 18th May ... can anyone confirm this ?

i guess we will have some more infos in may (hopefully) but i dont think that the launch is in may.

Hope to hear from this project soon again. The homepage did not see updates for a longer period. Would be sad if the project was abandoned.

ya.ya.yo!

 i dont think its abandoned . but you are right, they could give more infos about their work.

[LiteCoinGuy]

i heard we will see new infos on the 18. May. stay tuned 

[yayayo]

i heard we will see new infos on the 18. May. stay tuned 

That's great, looking forward to it. I hope they will provide a clearer release plan soon.

Another question that interests me is the distribution method. Will it be mining only or some crowdfunding? A distribution that allows broad participation would be best.

[LiteCoinGuy]

The new zerocash protocol is faster & hides how much you transact, not just where it came from. We are presenting it at IEEES&P next Tuesday

https://twitter.com/secparam/status/465972761333346304

[surfer43]

We'll be presenting our Zerocash paper on Tuesday at the IEEE S&P (Oakland) conference in San Jose. Full paper & website up next week.

https://twitter.com/matthew_d_green/status/465963763028340736

[nakaone]

The new zerocash protocol is faster & hides how much you transact, not just where it came from. We are presenting it at IEEES&P next Tuesday

https://twitter.com/secparam/status/465972761333346304

i mean it is nice and so.. but this is not anonymity - I think it is probably a useful extension to btc, but I expected much more. anyway let us wait for the whitepaper

[nagatlakshmi]

How to use the software?

[pizzaboy69696969]

[cryptobuddy]

Important ANN:

We received news from the Zerocoin Team itself that they have abandoned the zerocoin project. Zerocoin is now a dead project. We had started implementing their library to Libertycoin hoping to implement a fully functional and stable version when they released more updates. Unfortunately, there is nothing we can do now. We will start removing the zerocoin library that we added to the code, and we will consult with our developer if there are other anonymizers we can deploy in the future. For the time being we will realease an update removing zerocoin from our code, and Libertycoin will remain as a great X11 100% proof of stake coin with 16.5 Million units.

About implementing the Zerocash
We will certainly study it, and if we consider it stable we will do it. They have already abandoned one project, so we don't want to take the risk of implementing something unstable that could be abandoned in the future. We paid a high price with zerocoin.

Thanks for you guys clarifying this.

Today Libertycoin dev has decided to remove the Zerocoin code from the Libertycoin. Then Libertycoin will be same as other X11 POW/POS coin, e.g. Badgercoin.

[SL1M]

litecoinguy why you deleted my post? it was a serious comment