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MustStopMurad's profile
Murad Mahmudov 🚀
Murad Mahmudov 🚀
Murad Mahmudov  🚀
@MustStopMurad

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Murad Mahmudov  🚀

@MustStopMurad

Cryptocurrency Analyst. Bitcoin, not Blockchain. Angel Investor. Previously @Princeton.

New York, NY
Joined March 2017

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    1. lvi‏ @astrocytew Jun 21
      Replying to @MustStopMurad

      when did zec become sound money? their hash rate is terrible. why not ETC?

      1 reply 0 retweets 1 like
    2. Murad Mahmudov  🚀‏ @MustStopMurad Jun 21
      Replying to @astrocytew

      Sound Money is more about monetary policy. 21M just like BTC.

      1 reply 0 retweets 1 like
    3. lvi‏ @astrocytew Jun 21
      Replying to @MustStopMurad

      etc is capped too

      1 reply 0 retweets 0 likes
    4. Murad Mahmudov  🚀‏ @MustStopMurad Jun 21
      Replying to @astrocytew

      To me, mathematically guaranteed privacy is more important than dApps.

      1 reply 0 retweets 1 like
    5. lvi‏ @astrocytew Jun 21
      Replying to @MustStopMurad

      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

      2 replies 0 retweets 0 likes
    6. Murad Mahmudov  🚀‏ @MustStopMurad Jun 21
      Replying to @astrocytew

      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.

      1 reply 0 retweets 0 likes
    7. Murad Mahmudov  🚀‏ @MustStopMurad Jun 21
      Replying to @MustStopMurad @astrocytew

      Finally, if/when they move to STARKS, there is no trusted setup involved.

      1 reply 0 retweets 0 likes
    8. lvi‏ @astrocytew Jun 21
      Replying to @MustStopMurad

      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

      2 replies 0 retweets 0 likes
    9. Murad Mahmudov  🚀‏ @MustStopMurad Jun 21
      Replying to @astrocytew

      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.

      1 reply 0 retweets 1 like
    10. lvi‏ @astrocytew Jun 21
      Replying to @MustStopMurad

      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

      1 reply 0 retweets 0 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Jun 21
      Replying to @astrocytew

      "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.

      5:25 PM - 21 Jun 2018
      • 2 Likes
      • Shill Magician BMac
      1 reply 0 retweets 2 likes
        1. New conversation
        2. lvi‏ @astrocytew Jun 21
          Replying to @MustStopMurad

          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

          1 reply 0 retweets 0 likes
        3. Murad Mahmudov  🚀‏ @MustStopMurad Jun 21
          Replying to @astrocytew

          Nano, Litecoin, Ripple, Stellae, IOTA are all obsoleted by the Lightning Network. ZEC privacy guarantees are stronger than XMR’s.

          1 reply 0 retweets 0 likes
        4. lvi‏ @astrocytew Jun 21
          Replying to @MustStopMurad

          this is a huge speculation. LN now and in the near future is only for very small transactions and if it ever goes beyond that the fees will likely reflect it. what's wrong with Monero's privacy?

          1 reply 0 retweets 0 likes
        5. Murad Mahmudov  🚀‏ @MustStopMurad Jun 21
          Replying to @astrocytew

          ZEC has stronger theoretical privacy guarantees than XMR / more advanced encryption technology. In fact it’s full maximum encryption (ZEC) vs. obfuscation (XMR)

          1 reply 0 retweets 0 likes
        6. lvi‏ @astrocytew Jun 21
          Replying to @MustStopMurad

          what are you talking about? can you describe in more technical terms?

          0 replies 0 retweets 0 likes
        7. End of conversation

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