http://www.wired.com/2016/01/zcash-an-untraceable-bitcoin-alternative-launches-in-alpha/
Sounds like vaporware but we'll see.
Sounds like vaporware but we'll see.
Quote
For its first four years online, a portion of every mined Zcash coin will go directly to Wilcoxs Zcash company and a smaller portion to a non-profit hes creating to oversee the Zcash code and community longterm. Wilcox says that he plans for 1 percent of Zcashs currency to ultimately go towards that non-profit, and 10 percent to be paid to the for-profit startup.
sounds like the typical instiminted story, nothing more than a money making scheme imo, i have great respect for some of the people involved but have they removed the backdoor ?with ZeroCash, the people than create it can exploit the initial parameters and sign bogus transactions to give themselves unlimited free coins, it looks like instead of finding a solution for this, they have embraces it as a means of making themselves rich
