Quote from: PovertyByte on March 23, 2017, 04:13:33 AM

@groovy1962

ZCash is alluring for many reasons but it is developed by a company. It's growth and development is less organic than how Bitcoin came up. ZEC just got propped onto Poloniex on day 1 with a hype train for it is Bitcoin 2.0 and we all know the Poloniex effect by now. That slow start emission was a way to jack the price up early. Honestly looking at it if I was a dev I'd be selling all my ZEC early while the price was effectively manipulated and pumped up early for lots of BTC and than buy back in when it is cheap. 10% of all ZEC to ever be mined going to a small group of people is a very high amount of wealth if this were to reach world changing high value. 20% of the first 4 years of mining is 10% of all ZEC to exist due to the halvenings upon halvenings every 4 years. It's something how saying 20% for the first 4 years only downplays the magnitude.

The clones do not suffer in the same way LTC does. LTC only offered 4x quicker block time to speed things up. There was no special interest and possible centralization motives in the development in either coin so LTC just became silver compared to gold.

ZEC devs are a closed group. It's not for the people by the people. It's for the little people, by the big people. ZCL is more of a community coin. Without any radically high founders tax on ZCL they managed to develop a windows wallet before the super professional and well compensated ZEC team. Why are these guys paid so much to continue developing the coin?

Oh one more thing. People like to attack Dash over the instamine and how Evan has 500,000 instamined coins. Well 500k out of 18 million when Dash hits its total circulation is only 2.7% of the total Dash circulation actually. That's nearly 1/4th of 10% in the case of ZEC's pseudo dev instamine

After 4 years it will not be paid by the ZEC miing. So at that time, it could be developed by a larger community.