Discover and read the best of Twitter Threads about #Zcash

Most recents (9)

Both @placeholdervc & @BlocktownCap support decentralizing governance of #Zcash dev funds to a 2-of-3 multisig, but diverge in % of new $ZEC supply that should be allocated over the next 4 years.

What's your preference for % allocation to Zcash dev funds from 2020-2024?
@placeholdervc @BlocktownCap For context, the 3rd option (Linear decline 20% -> 10%) is new & would look something like follows:

2020-2021: 17.5%
2021-2022: 15%
2022-2023: 12.5%
2023-2024: 10%

Following the 2nd halving, this could then march linearly from 10% to 5% of new $ZEC supply to dev funds and so on
@placeholdervc @BlocktownCap @BlocktownCap's proposal: forum.zcashcommunity.com/t/blocktown-de…

@placeholdervc's proposal:
forum.zcashcommunity.com/t/dev-fund-pro…

Both firms agree the % allocation is ~arbitrary as the fund's $ amount is so dependent on $ZEC price, but what's key is the legitimacy of the decision. Hence the poll 🙂
Read 3 tweets
0/ 'Twas all happening on Wednesday in the world of #crypto/#blockchain! Below, I've put together a 25-part thread featuring all the best happenings in the space from the past day or so. Let's do this!
1a/ ⚖️ @MakerDAO [ $MKR / $DAI ] announced the MakerDAO Foundation underwent a major restructuring. Why? To "provide stronger support to help the Dai Credit system navigate an increasingly complex and ever-changing regulatory and competitive landscape." medium.com/makerdao/intro…
1b/ Ⓜ️ All Maker-related entities are part of the Maker Ecosystem Growth Group, a conglomerate of subsidiaries housed under the Cayman Islands-domiciled Maker Ecosystem Growth Foundation. It's temporary and "will dissolve once MakerDAO has achieved its decentralization goals."
Read 36 tweets
0/ The level of daily activity that takes place in the #crypto and #blockchain space never ceases to amaze me.

Below, a 22-part thread full of project announcements and other ecosystem events from the past ~24 hours. Enjoy!
1/ 🚀 @DharmaProtocol- and @CompoundFinance-powered @Bloqboard introduced its 'Offers to Lend' feature!

Now, lenders can offer to lend $BAT, $DAI, $REP, $WETH and $ZRX in a P2P-manner from their @MetaMask_io wallet. Can be done in under a minute!
2/ 🙋‍♂️ Hong Kong-headquartered @CryptoCom appointed Tyson Hackwood (@tysonius) to its leadership team as senior vice president and head of global merchant acquisition.

Previously, Tyson led @PaypalHereAU and @Braintree's Asia-Pacific region. Big hire! prnewswire.com/news-releases/…
Read 25 tweets
0/ Such a full-on 24 hours for the #crypto/#blockchain space! When is it not?

Too much to take in? Fear not, I've got you covered, and have put together a thread of 24 events - one for each hour? (🤷‍♂️) - that caught my eye. Let's go!
1/ 🤝 @FantomFDN [ $FTM ] partnered with @Danfoss, a multi-billion-dollar #energy/#IoT manufacturer & service provider.

The Denmark-headquartered company will work w/ #Fantom to "explore the possibilities of accelerating the development of the microgrid." medium.com/fantomfoundati…
2/ 🆕 The @AERGO_io team published the mother of all blog posts. And why not! For it unveiled both the AERGO Chain Alpha & the AERGO pre-testnet.

Click through for more on their consensus algorithm (i.e., BFT-dPOS), Client SDK, and what's next for #AERGO. medium.com/aergo/releasin…
Read 25 tweets
0/ Lots of #CryptoNews as always! Below is a look into some of the eye-catching happenings in the #crypto and #blockchain space over the past 24 hours or so...
1/ 📝 @Ethfinex's #0x-powered #EthfinexTrustless hybrid DEX listed @MakerDAO [ $MKR / $DAI ], @SpankChain [ $SPANK ], @AttentionToken [ $BAT ], @AI_Autonio [ $NIO ] and @AugurProject [ $REP ].

Trade instantly vs. a highly liquid, centralized order book: trustless.ethfinex.com.
2/ 🔛 @GetGitcoin unveiled 'Kudos', an easy way to show appreciation and build relationships in open source.

Each Kudos is ltd. edition, sovereign to #Ethereum's #blockchain, with a custom art piece your collaborator can show off on their #Gitcoin profile (or #ERC721 wallet).
Read 25 tweets
0/ A weekend whip-around of the #crypto and #blockchain space to help you get up-to-date on all the latest...
1/ 🦖 @ConcourseOpen's @SettleFinance - a web-native OS for decentralized finance - announced November 12 as its launch date!

Learn more: docs.settle.finance
2/ 👀 @TimothyJCoulter's world-leading #Ethereum development framework - @TruffleSuite - is flirting with the 1,000,000 lifetime downloads milestone.

Will undoubtedly mark a symbolic moment for the @Ethereum ecosystem. Right as #Devcon4 approaches, too!
Read 24 tweets
@claudiorlandi @rbkhmrcr @AarhusUni @uclisec Abstract:
* QuisQuis provides both a relatively small state footprint with comparison to ever growing chains Zcash & Monero (similar to Bitcoin UTXO set)
* QuisQuis provides plausible deniability - a user can deny he's part of a tx (in contrast to Zcash, similar to Monero)
@claudiorlandi @rbkhmrcr @AarhusUni @uclisec Proofs are reasonably computationally light (much lighter than Zcash's zk-SNARKs), and small in size (~13kb, still larger than Monero's post-bulletproofs which are 3.7kb).
@claudiorlandi @rbkhmrcr @AarhusUni @uclisec Me:
Scalability (smaller state footprint): better than #Zcash & #Monero, definitely not better than #MimbleWimble.
Privacy: same as Monero & MW, worse than Zcash in theory, better than Zcash in practice (small usage of shielded txs due to overhead).

CC: @grinMW @beamprivacy
Read 4 tweets
1\ In 6 hours, #Bulletproofs become mandatory on the #Monero mainnet.

I don't remember being this excited about a hard fork in a long time. The article below gives you the full picture as to why, but I will try to summarize it in this thread.

medium.com/digitalassetre…
2\ Disclaimer before I begin: A couple of weeks ago, I shared some of the findings of our report on #Zcash and many in the community (incl. @fluffypony) perceived it as an attack on @monero.

- It wasn't. In fact, we see vibrant experimentation and development in Monero.
3\ #Bulletproofs is one the most important technologies deployed on a mainnet this year. It can be applied to many proof systems to increase privacy and efficiency, as it reduces transaction sizes (& fees) by as much as 80%.

To fully appreciate this, let's clarify a few things:
Read 16 tweets
1/ @alexhevans recently dug into the numbers behind forks of #Bitcoin, #Ethereum, #Monero & #Zcash.

Main conclusion: Value can’t be forked away as easily as people like to think. placeholder.vc/blog/2018/9/17…
2/ Secondary conclusion: Despite parent #cryptonetworks retaining users, devs & value, the child forks trade at (puzzling) relative valuation premiums.
3/ To follow are graphs and conclusions from @alexhevans that are relevant to specific actors or ratios (if you're not a fan of long form writing 😉)
Read 11 tweets

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