Earlier quoted context omitted.
You mean like Zoro?
No, because Zoro is not a villain? I was thinking of some old Bond villain.
According to Wikipedia only one bond villain ever had a Z name. That was Max Zorin.
ZCash Will Be a Truly Anonymous Blockchain-Based Currency
271–280 of 285 posts
Re: ZCash Will Be a Truly Anonymous Blockchain-Based Currency
#272Earlier quoted context omitted.
In ZCash each transaction is the same size, regardless of how large your anonymity set is.
Okay, that is an interesting perk, where could I read about that and come to the same conclusion? For some reason I don't recall the white paper explicitly saying that but it wasn't comparing itself to cryptonote to begin with.
It's a property of the zero knowledge proofs in question; they're called Succint Non-interactive Arguments of Knowledge because their size grows sublinearly with the size of the statement being proved. In the case of ZCash, the statement consists of proving things about the blockchain, and things are set up in such a way that the size of the proof used is 288 bytes, ALWAYS.
Re: ZCash Will Be a Truly Anonymous Blockchain-Based Currency
#273Earlier quoted context omitted.
An "attitude" pump, really? :) I was one of the first and most dismissive when bitcoin was released. I'm on record saying "yet another p2p currency piece of crap" one ~day after its January 2009 announcement and release. There are so many endless p2p currencies out there-- this was even the case when bitcoin was first launched-- so many that, frankly, any dismissive attitude is completely justified. You can't go arou…
I doubt that the majority of dismissive comments come from such an apparently informed perspective as your own. Many likely come from people who know a little, and who want to say something on HN, and (in true hipster fashion) take the safe route and trash the idea rather on vague hand waves, than sticking their necks out to support it. That is the attitude I believe was frustrating the grandparent.
> I doubt that the majority of dismissive comments come from such an apparently informed perspective as your own.
Maybe. You might have to admit that it's pretty funny that out of all the "overly dismissive comments" from which OP could have selected, one of the two quotes picked happens to be from someone I have pointed out as having done far more diligence than myself :).
Re: ZCash Will Be a Truly Anonymous Blockchain-Based Currency
#274Earlier quoted context omitted.
Okay, that is an interesting perk, where could I read about that and come to the same conclusion? For some reason I don't recall the white paper explicitly saying that but it wasn't comparing itself to cryptonote to begin with.
It's a property of the zero knowledge proofs in question; they're called Succint Non-interactive Arguments of Knowledge because their size grows sublinearly with the size of the statement being proved. In the case of ZCash, the statement consists of proving things about the blockchain, and things are set up in such a way that the size of the proof used is 288 bytes, ALWAYS.
is this proof the one that also cannot be formed in a trustless way?
Re: ZCash Will Be a Truly Anonymous Blockchain-Based Currency
#275ZCash requires a trusted setup, takes a 20% fee from miners, and active mixing requires 8GB of RAM. https://blog.okturtles.com/2016/03/the-zcash-catch/ http://weuse.cash/2016/06/09/btc-xmr-zcash/ If you are interested in anonymous blockchains, I highly encourage you to look into Monero. It meets or exceeds that of ZCash. And Monero's RingCT is currently implemented and in use on TestNet with a target "go-live" this J…
Thanks for these articles. Great comparison! Monero looks very good indeed.
Re: ZCash Will Be a Truly Anonymous Blockchain-Based Currency
#276Earlier quoted context omitted.
right, but we already covered that. there is no court order in the world that can compel to you to provide what you do not have. so why is the US a bad place for ZCash to incorporate?
Are you sure such argument would fly against (possibly and probably technically illiterate) judge? I'm not. Apple was a separate case, because it is publicly known and loved company, and there are very few companies that have luxury to say the same. How did that play out to Lavabit (that's a controversial example, but it's to illustrate that court doesn't hesitate to crush a company to achieve its goal)? Also, RSA sc…
Forum-shopping is a problem, I don't disagree. But Apple didn't win that case on PR, and Lavabit didn't lose that case by making smart decisions. These are not analagous situations.
If you could name a single country that would offer better protections, we might have something to talk about. Western Europe, seriously? [1]
The reason we are going in circles is because you're unwilling to trust ZCash, not because of where it's incorporated. If, like me, you trusted ZCash, it wouldn't matter to you where their articles of incorporation were filed, because you would trust that the zero-knowledge implementation would prevent law enforcement from mattering at all. If open source, audited code by some of the brightest minds in the space doesn't earn your trust, nothing will. IcelandBux won't save you.
1. https://www.theguardian.com/world/2015/may/05/france-passes-...
Re: ZCash Will Be a Truly Anonymous Blockchain-Based Currency
#277Bitcoin seems to be going through an issue at the moment where many transactions are taking hours to complete due to a large backlog. This might be transient but when I ask any questions about so what happens if volume doubles, I just get attacked for asking such questions.
It seems bitcoin just doesn't scale very well.
So my question is does ZCash? How will it cope with current bitcoin volumes? Or 10 times? Or 1000?
Re: ZCash Will Be a Truly Anonymous Blockchain-Based Currency
#278ZCash requires a trusted setup, takes a 20% fee from miners, and active mixing requires 8GB of RAM. https://blog.okturtles.com/2016/03/the-zcash-catch/ http://weuse.cash/2016/06/09/btc-xmr-zcash/ If you are interested in anonymous blockchains, I highly encourage you to look into Monero. It meets or exceeds that of ZCash. And Monero's RingCT is currently implemented and in use on TestNet with a target "go-live" this J…
Could you please explain this?
_"And Monero's RingCT is currently implemented and in use on TestNet with a target "go-live" this January."_
I couldnt find any relevant infromation on this. Does it mean that from January 2017 bitcoin will have anonymity properties of Monero?
Re: ZCash Will Be a Truly Anonymous Blockchain-Based Currency
#279Earlier quoted context omitted.
Your question was how do you defeat the 5$ wrench, not how do you tell them tax-man to f himself. If state actors use the 5$ wrench, that's illegal and consequently you have the defense of the courts to counter that behavior. Civil forfeiture is dependent on being able to "prosecute" your stuff, rather than you. So if they can't seize it, they have to go after you directly, which puts the burden of proof on the prose…
> Civil forfeiture is dependent on being able to "prosecute" your stuff, rather than you. So if they can't seize it, they have to go after you directly. The US certainly has had cases prosecuting "stuff" where said stuff is cryptocurrency. See "United States v. 178.95842915 Bitcoins" [0], which appears to be a civil forfeiture case [1][2]. [0] https://www.usmarshals.gov/assets/2016/bitcoinauction/index.... [1] https:…
To prosecute your stuff, they still have to confirm its existence. You don't have to prove it doesn't exist.
Re: ZCash Will Be a Truly Anonymous Blockchain-Based Currency
#280The article is a bit inaccurate; SNARKs weren't developed just by Eli; there's an entire group of researchers at the SCIPR lab who worked on this stuff: http://www.scipr-lab.org/
Hi. I'm the author. Thanks for pointing this out. You were not the only one. We've reworked the attributions paragraph to include all of the institutions that had a hand in this particular work. And we also tried to make it clear that the snarks they worked on were specific to the zcash project.