So, I just went through the web page, and read through twenty+ pages of this thread, and can not figure out what sdc is promising in terms of "zk". If you could excuse me for my laziness for not digging deeper, could someone respond to three quick questions?
1. With the beta that is being tested now, are the devs planning on implementing Zerocash, Zerocoin, or something else?
2. If Zerocash, how do you set up the security parameters? This requires trusted third parties.
3. If Zerocoin, how do you set up the security parameters? Do you use RSA UFOs? If so, how where these generated, and what is their bit length?
Thanks.
hi,
shadow simply has zk-snarks and ring signatures and has its own built-in which doesnt need 3rd party and has nothing similar to zerocash, etc.
A real (not vaporware), working, ZK implementation with ring signatures
sdc dev and whitepaper will explain it in details...
by the way...welcome on board guys....nice to have new bloods here
Thanks for throwing out a clue on how SDC handles the zerocoin initial seeding parameters issue. This is the first and number one question to ask when a coin claims they are the first to implement zerocoin. SDC has done an excellent job with it's website and OP so it's a pity there aren't a couple lines of explanation to address the seeding issue on everyone's mind. There's plenty of discussion on Anoncoin's thread about Gnosis' approach. In contrast, there's no mention of handling the initial seed parameters with Zerovert and the info on this coin is so scant it smells like scam.