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Edward Snowden: Zcash Is 'Most Interesting Bitcoin Alternative'

coindesk.com

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Re: Edward Snowden: Zcash Is 'Most Interesting Bitcoin Alternative'

#4

This article mentions Zcash, which means that folks will be showing up shortly to talk about Monero.

Every crypto-currency has it's zealots but that's not to detract from what Snowden said about Monero, labelling it "amateur crypto".

Ring signatures have been around longer than zk-snarks so time will tell on that comment.

I do however believe Zcash could be doing a better job for privacy, notably by mandating private transactions once the new "JUBJUB"optimizations have been merged [0].

[0] - https://z.cash/blog/cultivating-sapling-faster-zksnarks.html

Re: Edward Snowden: Zcash Is 'Most Interesting Bitcoin Alternative'

#6
If all you have is a cryptocurrency, then I don't think you have anything that interesting. They've proven useful for buying drugs, but beyond that they've not created many new business opportunities. I don't have an exhaustive knowledge of cryptos, but Ethereum is extensible which is interesting. GNU came out with a crypto that they say is unsuited for illegal activities. Being even more secure than Bitcoin just makes you more appealing to an even smaller set of Bitcoin users.

Re: Edward Snowden: Zcash Is 'Most Interesting Bitcoin Alternative'

#8
post #2

In case people don't open the link or miss the disclosure: Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Zcash Company, the for-profit entity supporting zcash's development.

but does Snowden have any stake?

Re: Edward Snowden: Zcash Is 'Most Interesting Bitcoin Alternative'

#9

Why does anyone care what Snowden thinks about crypto currency? He was a SharePoint administrator. I don't understand why his opinion is relevant. Don't get me wrong, I'm grateful for his sacrifice, and I think he deserves to be pardoned.

He was a coder and a lot of other things too.

Re: Edward Snowden: Zcash Is 'Most Interesting Bitcoin Alternative'

#10
post #9

Why does anyone care what Snowden thinks about crypto currency? He was a SharePoint administrator. I don't understand why his opinion is relevant. Don't get me wrong, I'm grateful for his sacrifice, and I think he deserves to be pardoned.

He was a coder and a lot of other things too.

That changes everything.
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