Quote from: coinfanman on November 05, 2016, 09:31:12 AM

Quote from: bobabouey2 on November 04, 2016, 09:08:38 PM

Interesting series of tweets by Peter Todd on the zcash founder mining reward:

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It's not a matter of what's fair or not, it's a matter of what's good for the ecosystem

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e.g. 20% is so high it's a significant help to a 51% attacker.

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Equally, tying reward to market cap isn't necessarily ethical - can lead to scam incentive

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And like it or not, @zcashco is very likely to be seen by regs as soliciting investment.

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I should add a writeup of this concern to the disclaimers on my trusted setup post.

https://twitter.com/petertoddbtc/status/794331782241984512

His write up should be interesting!

Did he not even know what he signed up for as trusted person? Unbelievable. This Zcash is truly a total
corporate scam. He should resign immediately rather than write disclaimers, which most people do not
read, just see his name. Once zcash goes down, he and others will also go down. Gavin is already down
the drain for earlier actions.

People they believed in this farce to the point of buy into 1 zcash for 3299 bitcoin. After a week see the scenery:

It was a total deception Angry