Re: ***** THE ZEROCOIN SOURCE - Truly anonymous coin *****
where did you read, that they "walk away" after release? they worked 1,5 years on that, would be a little bit strange if they would do this, its their baby.
Ah, I can't find the quote now, but it was from a video where he answered questions from the public.
Basically he said
"We are cryptographers and do this as a science project. Once the open code is out there, we will walk away from it and observe what the community does with it"
To me it seems that they are more interested in getting publications in scientific journals than actually establishing a new competitive Alt-coin.
I find the project very fascinating, so I hope I am wrong about this.
Translation: Somebody else will have to take the heat when the feds come knocking with special requests.
As long as it is in the interests of science ... free market experimentation driven by curiosity will only happen where the regulation boundaries end.
A bit of a chicken and egg problem there. It will actually take a messy combination of subverting existing boundaries and creating new ones. Those boundary conditions you mention exist because it is a means to profit for some party or other.
What has happened historically is the boundaries become evermore convoluted, gray at the edges and diffuse until eventually they just dissolve
You know they are already fighting a loosing battle when the only true innovators are those in Universities doing it for 'fun' ... Goverments are stifling free market innovation and experimentation in the actual markets that most need it, this symptom makes it crystal clear. The corollary is that the massive problems that beset the financial markets is due to the obvious over-regulation of monetary products.