Post
Topic
Board Altcoin Discussion
Re: Thoughts on Zcash?
by
TPTB_need_war
on 05/02/2016, 17:26:03 UTC
One last time, before you go on permanent ignore...

Ignore me instead of admitting you are wrong about the viewkey. Or, maybe you are too stupid to realize you are wrong. Either way, you will find out eventually and feel like an idiot. The CEO of electric coin company stated there would be a view key in his AMA... an AMA in which you participated. Maybe you should practice reading comprehension.

You don't understand that Zook (the CEO) explained to me at his AMA that there is no viewkey:

In Zcash, the creator of each individual transaction gets complete control over who can view the contents of the transaction. This is accomplished by each transaction being individually encrypted by an encryption key known only to the creator and the recipient.

There is no other mechanism by which any party can gain the ability to view the contents of transactions other than getting the decryption key from the creator or the recipient of the transaction, or from someone else who has previously received the decryption key. This is a simple, implementable, secure, and understandable mechanism for controlling who can see what. We call it "selective transparency".

Does that answer your question?