Post
Topic
Board Altcoin Discussion
Re: Thoughts on Zcash?
by
CoinHoarder
on 05/02/2016, 19:15:26 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?

You are either an idiot that lacks reading comprehension, or you areally bacracking in an atempt to avoid admitting that you were wrong by alluding that you were talking about a global viewkey (or backdoor.)

He clearly states several times that there is a view key per transaction, but not a global view key or back door. So I don't know why you keep saying therw is no viewkey, because there very clearly is.

If you really were using the term viewkey, as in them including a backdoor, then they have stated multiple times there will be none. That is a misuse of the word viewkey, at least in the way it's used around here referencing crypto note coins, and no one would know what exactly you were or are referencing by calling it such.

You are an even bigger idiot for suggesting they include a backdoor, effectively dealing a death blow to their company before it even gets started. For someone with as much business acumen as you claim, you are showing no to little business sense.

I know you will claim that the government will shut it down if they don't include a back door, but luckily not everyone is as willing to bend over for the government like you. It is fine if you want to be a pansy and give into the government's violations of human rights, but that doesn't mean the rest of us have to.