/biz/ - Business & Finance

>>17032265
Smart money doesn't buy this cause inflation is high ; 30pct yearly

>>17032279
smart money waited for the bottom. (it was under $30).
smart money was around when bitcoin was a high inflation coin knows what happens next.

>>17032311
It isn't only one coin ( bitcojn ) anymore; the coins with the least inflation get holded the most; zcash isn't interesting right now; the other coins have better gain potential
L

>>17032265
>fork of BTC
>with privacy
>academically vetted
>institutional backing
>same supply as BTC
Imagine not buying at $27. We are unironically going to make it

>>17032329
sure, there are a lot of good plays in the market right now, but every oldfag respects ZEC. it's one of the only coins that matters in this market. 2020 will be a good year for those of us that bought below $30.

desu, it's easy to spot which coins are going to run hard this next wave up. oldfags are the ones that have the capital to drive the market and most of us were here early because we were interested in blockchain as a new and novel technology. The ones that stand out now are ZEC and BSV. we're not buying fucking PNK, or any other shit ETH tokens for that matter. that wave is dead.

>>17032329
>>17032279
You realize the ZEC halving is this year, and that the first halving is the most dramatic?

>>17032396
I don't think he realizes, no.

>>17032279
no one tell him

>https://cointelegraph.com/news/zcash-community-approves-new-mining-reward-distribution-scheme

This happened

EOY: $5100
Mid-February: $430
Mid-April: $350
Mid-July: $1090
Mid October: $3500

>>17033488
I fucking hope so. My poor fag stack of 20 would be looking good at 5100 EOY

>>17033503
you will make it anon

>>17033503
You only need one more anon, 21 is the magic number

>>17033488
>>17034344

>>17034344
>>17035145

Ok im at 21 lets do this

>>17035333
show me your stack and i'll buy 21 too

>>17033488
And next year?

>>17032311
>>17032344
>>17033488
>>17034344
>>17035333
This thread is blessed, everyone here will make it

>>17035333
digits as foretold in the prophecy

This coin gets me so wet

Fug, just realized it formed a massive double bottom at 25 usd. $1000 ZEC EOY?

>>17032396
heard the same about ltc halving, lol. halving doesnt do shit.

>>17036071
because nobody wants litecoin, it has literally zero features over bitcoin

>>17033488
>1090
Why not just 1000? Retard

>>17036131
nobody wants anything, yet its going up

>>17036310
you will NOT make it anon

>>17033488
Unironically its going to $8,000 EOY
cap this

Imagine unironically believing a bitcoin fork with optional privacy, a centralized dev team, a dev miners fee, non open source, and an israeli back door is going to beat Monero.

>>17037439
>centralized
there are multiple dev teams developing different clients
>non open source
the FUD is getting weaker, the goyim will start figuring out
> a dev miners fee
literally everyone is on-board with it. the people who arent forked into a worthless coin. dev teams bring 10x more value they take.
>an israeli back door
kek low tier bait even your fat overlord pony admits that ZCash's cryptography is stronger.
>Monero.
MUH DECOYS AND PLAUSIBLE DENIABILITY.

"YES JUDGE PARSONS. THERE IS A TRAIL OF EVIDENCE LEADING TO ME BUT MAYBE THAT TRANSACTION ISN'T MINE. GOOD PEOPLE OF THE JURY!"
>>17037061
based and schizopilled

>>17037665
>there are multiple dev teams developing different clients

lol to act like this isn't a centralized effort is absurd. Comparing monero's grass roots community and z cash's literal dev miners fee is a joke

>the FUD is getting weaker, the goyim will start figuring out

How is this fud? It's well known that Zcash could possibly have a back door.

>literally everyone is on-board with it. the people who arent forked into a worthless coin. dev teams bring 10x more value they take.

Oh yeah, the really outstanding zcash community is on board, how exciting. Bruh your entire community is moon boys who don't even make shielded transactions. Why is it that that the significant majority of zcash transactions unshielded? why did you ignore my criticism of optional privacy? Don't you think that people who do use shielded transactions stick out like a sore thumb due to the low anonymity set?

>kek low tier bait even your fat overlord pony admits that ZCash's cryptography is stronger

completely false. fluffy routinely takes potshots at zcash for being a corporate shill fest. zk proofs are great and zcash brings some nice research to the table but as a project it is a shitshow. And yeah, there are 100% concerns about a back door. Anybody should be wary about a "privacy coin" that isn't open source.

>MUH DECOYS AND PLAUSIBLE DENIABILITY.

And Ring CT, and stealth addresses. There is no way you can track the monero blockchain and you know it.

>"YES JUDGE PARSONS. THERE IS A TRAIL OF EVIDENCE LEADING TO ME BUT MAYBE THAT TRANSACTION ISN'T MINE. GOOD PEOPLE OF THE JURY!"

What trail would that possibly be?

>>17037061
done

>>17035145
>>17035333
Unironically for some autistic motive I have always hold 21 ZEC.

>>17036131
It went from $24 to $140 last year before dropping again. Try getting a 5x on your Robinhood account, numb-nuts.

>>17037061
You retards are fucked 14k mined per day

https://www.viewbase.com/inflation

>>17037796
first of all let me command your newfagish reddit spacing you dumb jew
>lol to act like this isn't a centralized effort is absurd
it started out with a single steward of the network which phased themselves out over the past four years. now there are three independent engineering teams, and a fund to on-board new ones
>cash could possibly have a back door.
you refer to the initial trusted setup but you are confused. first of all, since Sapling there has been a new ceremony with +100 people who would have need to collude to compromise it. and even IF it was compromised then the worst thing that you would be able to do is to inflate the supply (which would be detectable). what's more, there is a new proof system called Halo (https://www.coindesk.com/zcashs-halo-breakthrough-is-a-big-deal-not-just-for-cryptocurrencies)) that has NO trusted setup and prove the integrity of all previous proofs.
>who don't even make shielded transactions
until very recently z-transactions where very expensive, both in terms of compute and memory, and took +40 seconds. that was the heavy price of actual privacy. since Sapling it takes 3 seconds and a tiny bit of RAM. which is why z-transaction usage has skyrocketed. your criticism are all so dated jesus christ.
>completely false. fluffy routinely takes potshots at zcash for being a corporate shill fest. zk proofs are great and zcash brings some nice research to the table but as a project it is a shitshow. And yeah, there are 100% concerns about a back door. Anybody should be wary about a "privacy coin" that isn't open source.
that's the dumbest FUD I've ever seen, the zcashd client is literally under an MIT license (https://github.com/zcash/zcash)) so are all the wallets and tooling. there is ZERO proprietary software in Zcash. that's completely against the ethos of the project. and that includes the software and tooling used to generate the CRS ("toxic waste") during the SNARK setup.

>>17037796
>There is no way you can track the monero blockchain and you know it.
>What trail would that possibly be?
ok assuming you are just misinformed I suggest you watch this very short and informative talk by Ian Miers
https://www.youtube.com/watch?v=9s3EbSKDA3o
there is TON of information leaked by a decoy system. you can taint a whole payment chain backwards. it's enough to be able to use it casually but suppose you're in a court of law, the "plausible deniability" defense falls apart if there are other elements that lead to you.

Lookup: "Flashlight attacks". *all* decoy based systems are vulnerable to it.

>>17038055
>>17037877
>>17035333
>>17034344
>>17033488
>>17032344
>>17032311
the digits in this thread...

>first of all let me command your newfagish reddit spacing you dumb jew

being so obsessed with reddit you have to bring it up out of context. jesus fucking christ.


First, I'll concede that my open source data was wrong. Must have mixed you guys up with another crypto. You are right about that. However the centralized dev team is still an issue that is a plague on any crypto. A 20% miners fee is absurd, especially with your inflation.

Bitcoin reached the point it reached because of it's decentralized development and I believe Monero is following that path.

>until very recently z-transactions where very expensive, both in terms of compute and memory, and took +40 seconds. that was the heavy price of actual privacy. since Sapling it takes 3 seconds and a tiny bit of RAM. which is why z-transaction usage has skyrocketed. your criticism are all so dated jesus christ.

https://explorer.zcha.in/statistics/values

"skyrocketed"

>what's more, there is a new proof system called Halo (https://www.coindesk.com/zcashs-halo-breakthrough-is-a-big-deal-not-just-for-cryptocurrencies)) that has NO trusted setup and prove the integrity of all previous proofs.

And you guys are nowhere near implementing it.

>all your rambling about backdoor being fud

https://www.timesofisrael.com/zcash-the-israeli-developed-virtual-money-starts-to-make-its-mark/

lmfao
Also hilarious how you have absolutely no respect for monero's privacy (and you completely misunderstand it, but whatever). Because look, if Zcash was decentralized, non-optional privacy, without shady origins, then I'd be shilling it too. It reeks of jew backdoor.

>>17038504
thats shy it will moon, bc it has a backdoor and bc the founders fee is so high and because its all transparent to those with all the keys
Created by DARPA, AMZN, ARFL, ONC, israel
Bought in by JPM

XMR is just for drug dealers, criminals, terrorists and pedos
There will never been mainstream adoption of XMR
Exact opposite for ZEC

>>17038555
schizo you have honorable digits but also a mental illness. these are research grants... the cryptography people are literally from MIT, Berkeley, Technion, Columbia, Maryland etc. of course DARPA and all of these are going to bankroll the *cryptography*. if you look at the grants funding Tor that's the same circus, same thing for TLS/SSL, ECC, heck even modern public key cryptography.

>>17038504
you really aren't half as smart as you think you are. maybe you should go back to plebbit where you can shill tron, xmr, or the latest shitcoin du jour.

>>17032265
zcash inflation like 50+%

>>17038301

I watched the section of flashlight attacks. This can work for a regular mixer, but it would not work for Monero.

First, I'm not sure you understand how monero works. With cryptonote, your address never appears on the blockchain. So while you are assuming that the decoys and the correct transaction mimic the public address of the sender and the public address of the recipient, this is not the case. With cryptonote, a stealth address is derived from the person receiving monero and combined with the transaction to form a one-time hash containing a key image. This can not be traced to the sender or the recipient. So on top of the fact that there are decoys (Monero has ring sigs of 11, not 3 like the video states), you have the issue of not being able to tell where the funds are coming from or where they are going by looking at the block chain. Repeated transactions have no effect on this.

Additionally, each transaction has Ring CT that goes on it thereby censoring the transaction amount.

There are meta data leaks through KYC exchanges, issues of remote nodes possibly spying, and several mining attacks that are theoretically possible, but as of this point there is no way of tracking transactions by looking at the block chain,

>you really aren't half as smart as you think you are. maybe you should go back to plebbit where you can shill tron, xmr, or the latest shitcoin du jour.

oof, that times of israel article feels good eh? kek enjoy your jew coin.

>>17038802
Taking ring sigs of 3 is obviously a simplification for the sake of getting the idea across. no one can be that dumb.
>Additionally, each transaction has Ring CT that goes on it thereby censoring the transaction amount.
it's not censored at all. this is basically a first year undergraduate math combinatorics problem to solve. that's what you struggle to grasp. a set of 3 or 11 has little to no difference for a motivated attacker. it's fine if you are using it to buy a pornhub premium account tho. but even that verge do better i guess.
>With cryptonote, a stealth address is derived from the person receiving monero and combined with the transaction to form a one-time hash containing a key image. This can not be traced to the sender or the recipient.
you are hella confused. ring signatures give you the decoys. stealth addresses obfuscate the note. but it will be spent at some point and when it is, a moderately capable attacker can trivially identify you. that's the whole issue. the XMR shills *think* it's super hard because numbers but that's a trivial problem for anyone with a little background in combinatorics/enumeration.
>Repeated transactions have no effect on this
they do. they trim your anonymity set considerably. top fucking kek do you even understand the coin your desperately shilling?
>oof, that times of israel article feels good eh? kek enjoy your jew coin.
ah yes, monero the obese white man's coin jej

>>17038994
>Taking ring sigs of 3 is obviously a simplification for the sake of getting the idea across. no one can be that dumb.

Not the point. The video makes it seem like every transaction is a 1/3 chance of following somebodies path, when really it's a 1/11, with the more important issue of not being able to know where the path started from in the beginning.

>it's not censored at all. this is basically a first year undergraduate math combinatorics problem to solve. that's what you struggle to grasp. a set of 3 or 11 has little to no difference for a motivated attacker. it's fine if you are using it to buy a pornhub premium account tho. but even that verge do better i guess.

That's a retarded hyperbole. Also ring CT is not the same thing as ring signatures. But you are obviously a shilling zionist retard so let me break it down for you:

ring ct obfuscates the transaction amount by adding a pederson commitment.

ring sigs create the decoys.

>you are hella confused. ring signatures give you the decoys. stealth addresses obfuscate the note. but it will be spent at some point and when it is, a moderately capable attacker can trivially identify you. that's the whole issue.

no, you are the one that is hella (kill yourself west coast fag) confused.

because stealth addresses have no linkability to the person receiving them, how can you track this? How can you ever possibly track when the funds are spent? How can you prove that the funds are spent at a later time? You have no link between the two parties. There is no linkability between repeated transactions, as every transaction is unique and obfuscated.

>they do. they trim your anonymity set considerably. top fucking kek do you even understand the coin your desperately shilling?

Hilarious that a Zcash clown is talking to me about anonymity sets. Also hilarious because he thinks that there is a linkability between repeated transactions.

>>17038994
>ah yes, monero the obese white man's coin jej

imagine unironically shilling for a coin endorsed by the times of israel. I kind of feel bad for you. Except not really.

i was right. zec is the chosen one

>>17032351
>every oldfag respects ZEC
you meant to say XMR lol

I've only got 18. I wanted to buy more around 30. I fucked up.

next entry point for this?

>>17039483
$69.69

>>17032265
>Trusting jews with your money.
No, thanks.

>>17040459
Ok, ya fucking ninny. Have fun spending your silver and palladium or whatever other stupid metal you probably hold.