bullish vibes, hawaiian shirt. not financial or fashion advice
Florida, Puerto Rico
Joined August 2024
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Reason #107 to choose Zcash:
Zooko is a genius.
A man poured most of his money into a struggling tech company, went through a divorce, and started sleeping in a parking garage. He went on to help build Zcash.
– In the 1990s, Zooko Wilcox was already working on digital money, long before Bitcoin existed.
– He worked at DigiCash, an early attempt to build electronic money. The company failed, but the idea stuck with him.
–He kept exploring decentralized systems and privacy technology.
– Then Bitcoin launched in 2009 and showed the world that digital money could work without a central authority.
– But Bitcoin had a problem: its transactions were visible on a public ledger.
– In 2013, a group of researchers began working on Zerocoin, a proposal to bring more privacy to Bitcoin.
– The research evolved into a new cryptocurrency called Zcash.
– Zooko was asked to help lead the project. He initially turned it down.
– By the summer of 2015, he'd invested most of his money in another company he founded, Least Authority, and was going through a divorce.
– He wanted to stay in Boulder so he could keep taking his children to school. At times, that meant sleeping in his car in a parking garage.
– He eventually committed to the Zcash project.
– On October 28, 2016, Zcash launched, using advanced cryptography to let users shield transaction details.
– And the privacy work hasn't stopped.
– Today, Zcash developers are tackling another challenge: future quantum computers.
– Zakura has proposed giving every ZEC swap through NEAR Intents its own viewing key, limiting how much transaction history a compromised key could expose.
– A man who spent decades working on digital money helped turn a privacy research project into a live cryptocurrency.
Imagine if he'd given up when things got difficult.
In the very near future, privacy will be the most important feature of money. Study Zcash
NEW: MASTERCARD $MA LAUNCHES STABLECOIN SECURITY TO HELP BANKS DETECT FRAUD, SCAMS, AND SANCTIONS RISKS IN STABLECOIN PAYMENTS BEFORE FUNDS MOVE ON-CHAIN
Zoro 🛡️ retweeted
they won’t use bitcoin. ai agents aren’t retarded enough to use a fully transparent ledger, especially one doing only 7 tps
they’ll all be using zcash doing 50k+ tps
The currency network that Ai agents use should be worth more than Bitcoin. And it won't be stablecoins.
- @CryptoHayes
People of the #FranceRiots
Instead of staying in the fiat currency standard that robs you of your money and wealth, switch to the best private, digital, global currency in the world
Zoro 🛡️ retweeted
We’ll have a ceremony.
The most secure, most sophisticated cryptographic ceremony that’s ever been performed.
- Zooko
In a few days Zcash celebrates the 10 year anniversary of The Ceremony. Listen to the story as told by @Radiolab radiolab.org/podcast/ceremon…
Zoro 🛡️ retweeted
Balaji explains why Zcash is finally having its moment
“The technology did work 10 years ago but it took a while for the proofs to work on mobile, for example. The cryptography had to evolve”
“The usability of it had to evolve. Everything had to work on mobile. Apple had to make that easier for things to work. A lot of crypto regulations had to move forward”
“There were a lot of things that were both technical and social and geopolitical even and now I think it's hit its moment”
“Most crypto projects, if they fail, they fail because they go too capitalist. They market it too hard and it just does the Burj Khalifa formation”
“Zcash for a long time had the opposite problem of being too PhD which I see often in biotech”
“Zcash almost wasn't commercial enough in some ways. It was so pure but that's good because it actually works”
“People were in it for a long time for more than money and so now it is very good money”
