Re: Edward Snowden: Zcash Is 'Most Interesting Bitcoin Alternative'
https://www.coindesk.com/edward-snowden-zcash-is-most-interesting-bitcoin-alternative/
Surprised that Zcash's price hasn't spiked.
Surprised that Zcash's price hasn't spiked.
It has... But the thing is that ZCash founders are taking a cut from mining profits and there is a hard fork of ZCash called ZClassic that is currently operating which doesn't take the cut. ZCash founders essenitally get 2.1 mil ZCash for doing nothing.
Plus, ZCash's privacy is optional. It can operate just like bitcoin, and every transaction can be seen.
I think bitcoin is adequate if ZCash only has optional privacy anyways, as long as you use a bitcoin mixer and don't reuse bitcoin addresses there is very little chance you'll get traced.
Edward Snowden is lier:
I do not think that good spy can trust TRUSTED SETUP options. Shortly to lunch zkSNARK they needed to have a CODE. This CODE is a key to all transactions when they are hiden (when you send it with Z in adress, so everyone can see that you hiding something )
Developers say that CODE was destroyed.
We need to trust developers.
It is very naive to think that everyone around is so stupid. This bansters and govs attemp is very silly. JP Morgen attemp to control transactions and hiden transactions is impressive but hopefully it will not succes
Obviously Edward Snowden love cash. I mean not Bitcoin Cash. Plain cash. OMG you know what I mean right?
