21/ I also don’t believe the path to 10T will be driven by ‘average people’ but rather entities and individuals with large amounts of wealth. And, as I said, in my view, those people don’t care about blockchain tamagotchis and quirky DAOs.
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i don't think there's a mathematical proof that the trusted setup backdoor has not been exploited, and low hash rate means double doing vulnerability
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Hashrate going up fast now that ASICs are involved. Trusted Setup dangers are overexaggerated. They have 30+ participants now, and as long as 1 is honest there is no problem. They all have to collude for there to be a problem, which is absurd.
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Finally, if/when they move to STARKS, there is no trusted setup involved.
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sure, in the future zec may be good money, but to recommend it at this stage as sound money over etc makes no sense to me
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Later it might not be as cheap anymore. This inflationary, pre-Overwinter, pre-Zcon0, pre-Sapling, pre-mandatory privacy, pre-great UX, pre-Wallets with Z-txs, pre-STARKs even, might be a good time to invest in some.
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I thought we were talking about sound money properties not investment opportunities... US based company centralising the decision making and development of a form of sound money? there are plenty better options
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"Centralize then Decentralize" is the only way to even think about challenging bigger coins, especially if you are dealing with complex cutting-edge technology. This allows you to be more nimble and work faster to catch up, early on. Zero knowledge cryptography isn't simple.
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sure but future promises are plenty. I'm sure there's a fixed cap xmr fork somewhere, nano is capped and instant, litecoin, etc. it's fine if you brought it up cause you believe in it, but I found it odd you put it next to BTC as 2 forms of sound money. zec is still a young alt
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