still too centralized and compliance -friendly

Privacy shouldn't be optional, also I hate where it comes from.

zcash the technology is very impressive. zcash the currency is not good

If you were a darknet market admin, would yuo use my project if I have declared I will comply with authorites in the early days of the project? if a good project was dissmised by the overall market that needs it; that means it was not a good project. the deeper you go into this, the more you realise it's the community that makes a thing itself and not the tech.

What do you mean when you say where it comes from?

I'll quote the wiki: "To generate revenue, 10% of all coins mined for the first four years were automatically distributed to the Zcash Company and the Zcash Foundation." It's an israeli shitcoin.

The privacy tech is very cool. The compliant culture, circumstances, and decisions made around the coin not so much... (mining tax, single pool controls ~70% of hashrate, headed to PoS, default transparency, no default network level privacy for nodes, centralized company, most devs doxxed, no p2p markets, etc)

#asknostr