A fork of z.cash/bitcoin but better?
Making anything better than bitcoin has been proven impossible.
But a collective has started an initiative to implement better fundamentals of the z.cash/bitcoin fork.
“in early stages of concept/development and open for anybody to contribute”
1) address the “trusted setup” (periodic audit coin supply)
2) make anonymous transactions compulsory
3) no founder’s reward (z.cash has 10% founders reward)
By developers and no funding from 3rd parties.
Can it succeed without corporate funding?
With these changes being implemented for a fair but privacy driven protocol, can it grow like bitcoin?
Driven by innovation and science.
Just make a project interesting enough so that they are actually willing to help. attracting al talent since 2009 #bitcoin
— Joposhi Hartomato (@JopHartog) September 30, 2016
Will there be enough interest? or are privacy alt-coins a dying breed?
Let the crowd decide.
Will bitcoin be the silent sleeper with a 2nd layer privacy feature?
With features like Tumblebit being developed on top of the bitcoin protocol.
Bitcoin might be the #1 privacy coin sooner than later, with 2nd layer implementations.
The simplicity yet stable and powerful features bitcoin has and the 2nd layer privacy implementations that are soon to be released in the near future.
Are “privacy” cryptocurrencies needed for more shadow/illicit activity? Or a hedge against bitcoin being regulated?
z.cash “trusted setup”
z.cash “trusted setup” is unable to verify coin supply, is it going to be the next DAO?
A digital dollar concept where you don’t know how much the “federal reserve” has printed into existence?
the “federal reserve” which is not federal nor has any reserves, only debt.
We will see how this “trusted setup” plays out.
Investors, traders and miners are waging their bets, so grab your popcorn: its going to be a spectacular show.
What are you thoughts? Tweet us @CoinTimes_Tech
Disclaimer: Author owns bitcoin