Is this the real redpill. ETH with anonymity built in.
There's a pre-ann thread made in Feb 23 2017, so very recent. Is anyone betting on this? Interested in honest opinions, I'm not shilling.
Thread details how it works somewhat. I guess I will read the white paper and update. The thread just says it's zero knowledge proof concept, so called zk-Snarks.
https://bitcointalk.org/index.php?topic=1802128.0
Honestly looks a lot more appealing thanMonero solely because of the already existent ETH hype.
I took up the oath
I looked for ways to avenge us both
I perused the white paper they linked on zcash and am still not clear how this would differ from zcash and if it would be a brand new coin or if this is an actual use of the eth smart contract.
I'm very surprised there's no /biz/ hype about this.
>>1834673
>https://bitcointalk.org/index.php?topic=1802128.0
How do you invest or buy coins?
>>1834998
>am still not clear how this would differ from zcash and if it would be a brand new coin or if this is an actual use of the eth smart contract.
>am still not clear ... if it would be a brand new coin or if this is an actual use of the eth smart contract.
No idea, the thread doesn't say. Some anon here mentioned it and another scoffed at zk-SNARKS being anonymous. The theory seems sound enough. I'm just thinking it could be huge. Nobody is talking about it which means it's not well known, but also means not much actual info.
Whoever responded to the thread seemed clear on what this meant, I don't follow this stuff really so it was beyond me. They are clear it's a pre-ann and no ICO will happen, so presumably nothing happening yet.
Even ethereum creator gave them props me thinks https://twitter.com/vitalikbuterin/status/837907587794255872
>>1835151
>https://twitter.com/vitalikbuterin/status/837907587794255872
>Zcash
This is why I'm confused, Zcash is already a thing, trading under ZEC and worth ~0.03/btc right now.
Here they make it seem like Vitalik is already affiliated with the Zcash team.
https://z.cash/blog/zksnarks-in-ethereum.html
Honestly I thought I was a turbo autist, but I have no idea what tf this actually means at a high level.
bizump
Found some good info
https://www.slideshare.net/FengRenTsai1/zksnarks-in-ethereum-and-baby-zoe