I just noticed something kinda insane about
@zksnarks_ 😭
They sent 0.0001 ZEC to my shielded Zcash wallet with the memo.
Then I checked the transaction…
0.0025 ZEC fee.
If they did the same for ~10,000 wallets, that’s 25 ZEC in fees alone.
At ~$1,578/ZEC, that’s roughly $39,450 just in transaction fees 💀
Plus the ZEC actually sent.
Spending ~$40K+ just to make sure the distribution is done properly and onchain is a pretty wild detail.
They really said: privacy has a price.