@DocumentingZEC

Follow along as Zcash $ZEC goes from underground cypherpunk money to global super currency.

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Joined December 2020
  • Tweets3.1K
  • Following86
  • Followers4.8K
248Media
BREAKING: @Snowden is John Dobbertin! He helped launch Zcash! #Zcash $ZEC
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Documenting Zcash 📄🛡 retweeted
Coinbase 🛡️
@coinbase25 Apr 2023
Shields Up 🛡️
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Cash app = Web2 cash Zcash = Web3 cash
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Nate ⓩ🛡
@nate_zec20 Aug 2022
Love to see ppl digging into to how censorship and privacy interact in consensus protocols! An important take-away for Zcash design: if miners censor all shielded txns, they would be preventing themselves from receiving their own mining revenue!
Nate ⓩ🛡
@nate_zec20 Aug 2022
Replying to @angela_walch @zooko @lrettig
I believe you are asking if miners (more generally block producers) can discriminate between shielded vs transparent transactions: yes. Zooko is pointing out discriminating against "all shielded" is very different than fine-grained discrimination against specific users. Right?
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zooko🛡🦓🦓🦓 ⓩ
@zooko20 Aug 2022
Hello, anti-censorship crypto frens. By far the best—and possibly the only—defense against consensus-layer censorship is end-to-end encryption on L1. Fortunately for future generations, end-to-end encryption has already been deployed, battle-tested, and upgraded…on Zcash.
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zooko🛡🦓🦓🦓 ⓩ
@zooko18 Aug 2022
Hey everyone who cares about censorship resistance in blockchains, you should really pay attention to Zcash architect @least_nathan. Nate is one of those people who says a thing in an understated way, and just once, so it is easy to miss. Don't do that. xitter.cf/least_nathan/status/15…
Nate ⓩ🛡
@nate_zec18 Aug 2022
Privacy is normal and necessary for humans: dignity, interpersonal relationships, business, free association… Then there are the fungibility / monetary motivations… But as a third category, it's also a lynchpin for base layer consensus security censorship & MEV resistance.
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Peter Van Valkenburgh
@valkenburgh18 Aug 2022
4/ I'm beginning to think that building on chains that don't have base layer privacy will have pretty poor shelf-life. All the more reason to add programmability to protocols like Zcash, or build new networks with a mixture of Ethereum's flexibility and Zcash's privacy.
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Peter Van Valkenburgh
@valkenburgh18 Aug 2022
Replying to @davidmarcus
I think it's somewhat naive to think that any network where certain transactions can be identified as belonging to, e.g., North Korea will ever be able to carry on being censorship resistant. xitter.cf/valkenburgh/status/156…
Peter Van Valkenburgh
@valkenburgh18 Aug 2022
I'm getting that old feeling where I'm headed to school and still haven't done the homework for the day. Except the homework is base layer privacy for cryptocurrencies and the school is all the laws that will crush anything with censorship resistance but no privacy.
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Nate ⓩ🛡
@nate_zec18 Aug 2022
Privacy is normal and necessary for humans: dignity, interpersonal relationships, business, free association… Then there are the fungibility / monetary motivations… But as a third category, it's also a lynchpin for base layer consensus security censorship & MEV resistance.
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Peter Van Valkenburgh
@valkenburgh18 Aug 2022
I'm getting that old feeling where I'm headed to school and still haven't done the homework for the day. Except the homework is base layer privacy for cryptocurrencies and the school is all the laws that will crush anything with censorship resistance but no privacy.
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Suddenly everyone will realize why privacy and fungibility is required at L1. #Zcash $ZEC
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Starting to think the best design choice for a blockchain is: L1 = private fungible hard money L2 = programmability #Zcash $ZEC
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I used to think programmability should be L1 but moving funds privately into a L2 seems good enough. Keeps the base layer more simplistic.
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Brian Armstrong
@brian_armstrong17 Aug 2022
Financial privacy should be the norm. People don't like getting their page views tracked by companies running ads - but don't realize their lack of privacy is so much worse in financial services.
Dan FinIay@danfinlay16 Aug 2022
Starting a thread of reasons you might want financial privacy. - You're buying birth control and are afraid it might become illegal at a later date. - You're paying dues at a religious institution that may be the target of hate.
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Anyone want to test a UA transaction with me? I just created my first address. u1tce4lhdnayxp2vue0ctmkstxw7cpgruw4ep736e4av7amax0n7dzdcrmnjsts4hdk7z0d50dx7pz3ya7mqjcmfemcr4zuye2yvtnpe46 #Zcash $ZEC
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My first UA tx ever. Thank you! So awesome! The new build of Zecwallet seems to work well. #Zcash $ZEC
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Gary Weinstein 🛡
@Gary_Weinstein_16 Aug 2022
I’m excited to join the @electriccoinco as Head of Global Regulatory Relations to continue a career dedicated to supporting organizations that drive financial inclusion.
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Non-fungible digital money is a bad idea. We're about to find out how bad 😬 Zcash $ZEC fixes this.
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LifeMathMoney
@LifeMathMoney15 Aug 2022
Why you need privacy in crypto. Imagine what happens if people figure out who the owner of this address is.
Crypto Crib
@Crypto_Crib_15 Aug 2022
This wallet bought 150k Ethereum 5 and a half years ago for $1.5M… It’s now worth $290M 😮
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Dan
@robustus15 Aug 2022
Ok, this is literally Zcash. And that's why Zcash's approach is so robust... *Can't* censor, cuz miners simply have no idea what addrs are in the mempool (for zaddr txns).
Dan
@robustus15 Aug 2022
Are there any zk mempool solutions where miners/validators *can't* know what addresses are involved in the blocks they're creating/validating?
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