Register and share your invite link to earn from video plays and referrals.

genzcash
@genzcash
Sci-fi money
230 Following    4.6K Followers
25 second blocks coming to Zcash in 2 weeks.
Tyler Winklevoss explains why he believes privacy is a fundamental human right “I see privacy as the boundary where government stops and your freedom and self-sovereignty begins. So it's this really important boundary” “We have this enshrined with the Fourth Amendment, to some extent the Second Amendment and encryption is a peaceful, nonviolent Second Amendment that protects you and your space and your privacy” “Government tends to go just one way like more surveillance, more trampling on your rights, more coercion, more violence” “This is a mathematical way to stop that and to stifle that and really uphold the American values and ethos in our Constitution” “Privacy is a human right”
Show more
.@maxdesalle: “Bitcoin was never banned, and there's a good reason for that. The state didn't need to. And if you think about it, if a state were really worried about Bitcoin, it would have figured out a way to ban it, but it didn't. And the reason for that is because with AI and with increasingly better surveillance algorithms, Bitcoin is turning into a true surveillance machine. And compared to CBDCs, which are very unpopular, people willingly buy into Bitcoin and willingly enter this 360 degree panopticon. And there's only one currency that they would really have to ban, and it also happens to be the one currency in the world that they cannot ban, and that's Zcash. And the reason why is because Zcash, unlike Bitcoin, is private. And money that can be seen can be seized, but when you make it private, that stops being the case. So, you can't ban Zcash for many different reasons, and you can't ban holding it, because holding Zcash is just having a seed phrase, and that seed phrase is just a piece of text which you could either memorize, or you could write it on a piece of paper, or you could represent it as an image digitally. So you can't ban holding it. You can't ban receiving it because similar to a seed phrase, an address is a piece of text which can be communicated through encrypted channels, can be represented through a QR code. That's just impossible to ban. It's free speech. You can't ban spending it because even if you were to successfully remove Zcash from all stores, all restaurants and block it there, as long as a single cryptocurrency is accepted at one of these places, you can still spend Zcash because you can swap your Zcash in one transaction over to the currency accepted and pay that way.”
Show more
.@cameron: “We filed today for a Zcash ETF. 13 years ago we did the same thing for a Bitcoin ETF. The price of Bitcoin in 2013 was $100. 13 years later, this is the sequel, and we filed for the Winklevoss Zcash ETF. And so we’re excited about that, and just to give people access to this asset class who may want to buy Zcash in a brokerage account because they can’t hold Zcash, the asset, and they want exposure to privacy, which is an asset, and it’s a declining asset. It’s a very precious asset.”
Show more
Zcash's shielded pool just printed its highest weekly count in over four years and the fourth-highest on record. Last week: 62,812 private transactions. The only weeks that have cleared more are the three from the summer-2022 blow-off: - 135,389 in late June - 80,732 in early July - 64,795 in early August
Show more
Dev Ojha (@zkDragon) explains how Zakura is rebuilding Zcash infrastructure for scale: 0:00 - Why Zcash needed a new full node 3:01 - The path to 50,000 TPS 7:02 - Building the most hardened Zcash node 8:35 - What’s coming next
Show more
Dev explains why Zcash is meaningfully different today because of Ironwood’s quantum recoverability and formal verification “I think it's meaningfully different to be a Zcash user today than literally six weeks ago” “Quantum recoverability and formal verification with Ironwood means that you can just get funds in Ironwood and go away for a decade and know your money's still safe” “A quantum computer can't steal it because the pool will get frozen and you can still move your funds out after the fact” “That's what quantum recoverability is and you know there's no undetectable bug left. That's what formal verification proves”
Show more
Dev Ojha (@zkDragon) and I discuss the NU7 coin-holder vote (activating Nov 5). 0:00 - Record high vote 0:35 - NSM issuance smoothing 1:52 - NSM reissuance start date 2:47 - Sprout deprecation 4:34 - Faster block times 4:46 - NU7 scope and readiness 5:35 - How voting works
Show more
Personally there are only three things about ZEC that keep me as a 6+ year holder 1. @zkDragon 2. @zkDragon 3. Only ZK protocol attacked at scale and can realistically fund defenses
Being a zcash user is qualitatively different today and 6 weeks ago. Both on security, and UX
“It is meaningfully different to be a Zcash user today than literally six weeks ago.” Dev Ojha (@zkDragon) joins me to discuss Zcash’s security and UX improvements since Ironwood went live: - A quantum-recoverable, formally verified shielded pool - Proving optimizations - Onboarding links from @vizorwallet - Ledger integration for shielded ZEC
Show more
just two casual dudes talking about zcash nbd if you don't believe me or don't get it, I will convince you trillions
Zcash labs sponsored the Dallas event where Joe Allen and Lonsdsle debated. They handed out some $ZEC to attendees. Not bad. Obviously I’m not shilling crypto here. Just reporting the facts.
I found a version of zcash:native which: - broadcasts your entire transaction history to the whole world - is not quantum secure and has no credible path to be - has no real plans to scale the chain to support global usage Oh and it trades at ~60x the market cap of Zcash.
Show more
@matthuang Point two is akin to saying that shareholders shouldn’t control a corporation. It anoints trusted third parties off-chain using pleasant-sounding words like “community.” It creates sybil attacks and unending politics. Blockchains are markets, not democracies or aristocracies.
Show more
Shielded ZEC support for Ledger hardware wallets is now live on Vizor desktop and mobile.
Announcing our funding agreement with @Ledger. The agreement supports the work required to integrate the new Zcash Ironwood pool into Ledger devices. As a result of this agreement, Zcash coin holders will be able to use their ledger devices to self-custody their Zcash in the latest Ironwood pool. We are committing USD 80,000 toward this integration and are excited about the impact this will create for the Zcash coin holders. Forum post in the comments 👇
Show more
The zcash coin holder vote results are in! Record high participation levels, 2.4M zec voted, and for context the pool had 3.6M zec at snapshot height. Record high (66%) levels of participation! The results!
Show more
Conjecture Institute is proud to announce the Lead Sponsor of our upcoming Defend the West conference: Zcash! While Bitcoin works wonders as a digital store of value, it simply does not offer users privacy. Zcash, on the other hand, has precisely those attributes necessary to serve as a digital medium of exchange that cannot be tracked or surveilled by nosey neighbors, governments, or any other nefarious third parties. Without the option of privacy, no person, economy, or society can ever be truly sovereign. Free. Creative. Zcash fixes this.
Show more
It pays to be a @Zcash miner again. Weekly miner rewards just printed ~$8.8M. Almost all of it is still block subsidy. Fees barely register.