Post
Topic
Board Altcoin Discussion
Re: Thoughts on Zcash?
by
geotom
on 19/08/2016, 08:02:06 UTC

Thanks for the link. I'm sure there will be some money to be made from this (it is being hyped but various folk in crypto - good luck trading it for the first few months though). However it is EVERYTHING that crypto shouldn't be.

USgov VC funded, not trustless,  for the benefit of a single private entity, not decentralised, high hardware requirements for client (this is never going to take off as an exchange medium in China, Africa, S America if you can't use a mobile phone to make payments).

Adding the fact that the golden key could break anonymity (whatever the article says) and could be used to magic wand coins into existence and that we have to trust that all copies have been destroyed?

Fishy.