Post
Topic
Board Announcements (Altcoins)
Re: ⋆⋆⋆ [SDC] ShadowCash | ShadowSend v2 IS ALIVE ! ** MANDATORY WALLET UPGRADE! ⋆⋆⋆
by
MoonDusk
on 20/01/2015, 11:48:01 UTC
I really agree, I don't feel too confident in coinjoin schemes, or master nodes.  Zero knowledge is where its at.  The video left a bad taste in my mouth.  It gave the opinion of someone simply trying to sell their coin. He wouldn't even acknowledge the value of zero knowledge solutions. Instead it was his job to criticize any competition as best he can, and tell you don't look there, buy DRK instead.

When/if a usable zk solution is found some day and implemented, we can assess its value.

It's been found and implemented and you're looking at it. It's usable and easy-to-use. Ready for anon B2B. No need to take my word for it: the Zeuner Report will be in soon…


I believe search and implementation is still ongoing:

...we have said on a few occasions that we will only be utilising a basic nizkp until zk-snarks is fully out and trustless.

I'm afraid you failing to taking into account that ryno was referring to ZK-Snarks lack of ability to be setup in a trustless manner, not NIZKP (Non-Interactive Zero Knowledge Proofs) which is in use in ShadowSend v2 and is trustless.

Since that post by ryno the guys working on ZK-Snarks figured out a trustless setup which is promising if SDC decide to take this route in the future. Info here: https://twitter.com/SDLerner/status/548205708236566530

Just to clarify for you.

When/if a usable zk solution is found some day and implemented, we can assess its value.

A zero knowledge solution has been found, it is being assessed by a qualified auditor. Lets await the results.