On
@Zcash :
-30 year strategy from Electric Coin Company
@ElectricCoinCo
-Zcash community is organic
-Is literal state of the art blockchain technology
-Not a memecoin, has real utility
-Current low inflation, previously high inflation
-Price stability (Zcash has traded between $20 and $77 dollars for 3 years, with higher highs on the monthly chart
-Improved coin distribution
-Decentralized Infrastructure: 4 entities, Bootstrap is a 501c non profit that is parent company of ECC || ECC(Dev fund, owned by bootstrap, primary development vehicle) || Zcash Foundation is a 501c non profit charity that operates independently of ECC/Bootstrap (Dev Fund) ||
@ShieldedLabs labs (funded by donations)
-Even if all that shut down zcash would continue to exist
-Zashi is a gamechanger(mobile wallet with shielded transactions and a built-in DEX powered by NEAR Intents
@NEARProtocol )
-Founder(
@zooko ) has deep lore in crypto, working on hashcash in 1997 which precedes BTC, engaging with Satoshi Nakamoto on early bitcointalk forums
-
@halfin Hal Finney, an early BTC contributor and Zerocoin follower, had a passion for privacy and open source software.
-ZK-SNARKs evolved from
@ZerocoinProject 2013 design to address scalability and efficiency
-Satoshi was interested in adding zero-knowledge proofs but lacked the technical know how at the time, tech now exists today
nitter.app/zooko/status/175470168…
-Zcash uses real encryption / privacy tech / moon math, not a mixer or obfuscation, true fungibility (See btc blacklist for ex.)
-Everybody who owns zcash today is a totally different mindset person than the main trend of chasing memecoins, utility over hype
-Privacy is good, that's why we have curtains and doors.
-All coins are distributed to true believers
-Is FATF Travel rule compliant
-9 Year birthday coming up in 1 month.
-Shielded transaction growth is going parabolic (from 4% in 2017 to over 20% supply shielded now 2025)
-Trusted setup eliminated with Halo2 (2022)
-Epic trusted setup ceremony, multiple participants generated random values for ZK-SNARK's, requiring at least 1 to destroy their secrets
-Edward Snowden was involved in the Trusted setup Ceremony under the pseudonym John Dobbertin
-Proof of stake in coming 2026
#zcash $zec
I told him about how Satoshi and Hal and the others had tried to fix Bitcoin’s privacy problem with zero-knowledge proofs, but that it was too early. It would be about three more years before zero-knowledge proofs were developed (by the Zcash team!) to be practical.
⤵️