/biz/ - Business & Finance

If anyone is asking themselves

> Ok sounds good, but where is the catch?

Then here are some cons about ZenCash:

> ZK-Snarks, but development is slowly separating from ZCash's dev lead
> Node rewards are dropping every week, which currently is not being offset by USD value yet.
> ASIC's are causing some community issues. Although only mild ones.

> Considering this is about ROI and people will sell their rewards, it is possible that this coin will underperform the market. At some point we will hit a node equilibrium (very much as with Dash) and the sell pressure will keep us locked at a certain range. We may have already hit that price, we may not. And if we haven't you will only need 2 supernodes and zen at 70$-80$ to live off these earnings moderately comfy.

>>9001646

Treasury and ZK-Snarks are both Dash and ZCash's territory. However when it comes to Treasury, IOHK is working on a new system which eventually will also be implemented on Cardano. They also did a 50 page review on Dash's treasury system:

> https://iohk.io/research/papers/#NSJ554WR

Also, first ZK-Snark DAG incoming:

> https://zencash.com/iohk/

This coin will generate more FOMO for 2018 than most people will be able to handle.

>>9001731

What exactly does it mean? Will it let ZenCash create smart contracts on ARK? Because I do know that ZenCash has side-chains and smart contracts on them on their roadmap for 2018.

>>9001771

You bought at launch? It was under 20$ for only 2 weeks after October.

>>8978744

ZenCash is a mineable coin with a DAG in R&D:

> https://zencash.com/iohk/

ZK-Snark , with incentived nodes. Currently the SPECTRE & PHANTOM protocol is being considered which would make it both the first anonymous and minable DAG protocol.

> https://eprint.iacr.org/2016/1159.pdf
> https://eprint.iacr.org/2018/104.pdf

> In this paper we propose a new protocol, SPECTRE, that achieves high scalability. Transactions in SPECTRE can be confirmed within seconds, and the throughput can be improved by orders-of-magnitude over Bitcoin; it is limited by the network infrastructure and capacity only. The protocol thus alleviates the security-scalablility trade-off imposed by Nakamoto Consensus.

I remember these guys from 3-4 years back when I just got into /fit/, stupid but hilarious. Seeing them get into Crypto definitely marks an early investor phase. Maybe we should keep track of popular youtubers who chase marketing hypes and opportunities, and create some sort of video/price increase index so we can accurately predict the top of the next cycle and dump our bags on them. Tai Lopez must have been the first one though? When will the flood gates open?