Okay so this is not
http://z.cash (which is the inferior zerocoin) and apparently is the
real Zerocash! Wow. I am happy to see this in open source. Real progress at last. Maybe this is the reason for the dump of Monero?
I am happy to see this because I want to use something like this and also because I do not expect them to get the details correct on mining (no one has yet!). So there will be an opportunity to integrate this open source into a better block chain.
Major opportunities right now in crypto. Pick who you want to work with and pick carefully. I am looking for a few good men.
They are the same
The Zerocash protocol is being developed into a full-fledged digital currency, Zcash.
I don't know what happened. Last time I thought I loaded that page, I was looking at two young developers one of which was Asian. I need to sort out my confusion. I am very perplexed as to what I accidentally loaded last time.
This is what I had seen before and I have no idea why the wires in my brain crossed and throught it was z.cash I had recently view before (perhaps I am just overloaded with so many technical issues in my mind at the moment and I just woke up). Apologies for the unnecessary noise due to my error.
That is Zerocoin, not Zerocash. Zerocoin is a mixer only for sending coins to your self and delinking, thus it is subject to all metadata correlation breakage the same as for Monero (Cryptonote coins and ShadowCash and everything else!).
Only Zerocash hides everything and thus is immune to metadata correlation. Zerocash mints zerocoins (which are not the same as the coins in Zerocoin). Zerocoin was created by some of the same people who created Zerocash, but they are totally different technologies. Zerocash is much more powerful anonymity because all the coins and all the actions (e.g. transfer payment to another) are totally hidden in one big blob.
With that being said, it's still unproven technology, and I think there are some issues with launching the currency in a trustless manner, so for now Monero is probably most bestest.
It is not even clear if Zerocash will work in a real world implementation for scalability and DDoS reasons (and maybe other issues).
But none of that absolves the fact that Monero is fundamentally (mostly) useless for the reasons I stated upthread.
A for-profit coin company, i dont care what they make, iwill never trust them.
Agreed that is the opportunity to beat them by open sourcing their code. But you will also need my block chain technology to make the big win.
moreover RingCT will move Monero closer to Zcash
Sorry no. It is still not immune to meta-data and the theoretical combinatorial analysis. Not reliable. Not realistic.
We need to move forward. It is up to you, I know my thinking and priorities on this matter.