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.
A for profit company with closed source code controlling the initial key for a zerocash like currency is a regulatory nightmare. This is especially the case in the United States where the company would be considered an MSB by FinCEN and be subject to AML/KNC reporting on transactions. If something approaches "Fedcoin" this would be it. Any kind of centralized distribution of the coins by an administrator will make the administrator an MSB subject to AML/KNC reporting. Please read the FinCEN guidance.