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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. Giacomo Zucco‏ @giacomozucco Mar 25
      Replying to @giacomozucco @peterktodd @zooko

      21) Of course, speaking of the "Team", the presence among the advisors of known scammers like Vitalik Buterin, or compromised people like Gavin Andresen, or people from Tezos...well...not the kind of face you would want involved in any serious project. At all.

      4 replies 2 retweets 46 likes
    2. Giacomo Zucco‏ @giacomozucco Mar 25
      Replying to @giacomozucco @peterktodd @zooko

      Giacomo Zucco Retweeted Giacomo Zucco

      22) Admittedly, points 1 to 8 aren't Zcash specific, but valid for every other altcoin (point 8 is satisfied by a few honest altcoin like Namecoin, Siacoin, Monero). I made (less extensively) similar points re: Ethereum (which I consider way MORE scammy):https://twitter.com/giacomozucco/status/937960339559387137 …

      Giacomo Zucco added,

      Giacomo Zucco @giacomozucco
      Ethereum has 7 main problems: 1) political centralization/censorship 2) bad technical design principles (world computer: unscalable, not private, unsecure) 3) very bad implememtation of those principles (non-deterministic solidity, etc.) 4) scammy marketing to cover for 1/2/3 ...
      Show this thread
      8 replies 3 retweets 47 likes
    3. Amir Taaki‏ @Narodism Mar 26
      Replying to @giacomozucco @peterktodd @zooko

      So basically 1) uncessary fragmentation of crypto market 2) bad management 3) trusted setup 4) links with Gavin And... Sure I can accept all those critiques but I still wouldn't call it a "worthless shitcoin". The project has some merit (even if we think it's a strategic error).

      3 replies 0 retweets 3 likes
    4. zooko‏ @zooko Mar 26
      Replying to @Narodism @giacomozucco

      Note that the so-called "trusted setup"—thus inducing a risk of counterfeiting—is necessary to provide maximal, cryptographically-enforced privacy.

      2 replies 0 retweets 2 likes
    5. Giacomo Zucco‏ @giacomozucco Mar 26
      Replying to @zooko

      I thought you could avoid it w/ stuff like zkSTARKS (aside from size considerations). My skepticisms are more around how it has been done, btw.

      1 reply 0 retweets 2 likes
    6. zooko‏ @zooko Mar 26
      Replying to @giacomozucco

      STARKs didn't exist when we made those decisions, and they are too big to fit one per txn into a blockchain, unless we can have a much higher-bandwidth blockchain (like about 100 MB per 10m block).

      2 replies 0 retweets 3 likes
    7. Murad Mahmudov  🚀‏ @MustStopMurad Mar 27
      Replying to @zooko @giacomozucco

      Can STARKs ever work on Zcash? What needs to happen for that to be possible?

      1 reply 1 retweet 0 likes
    8. zooko‏ @zooko Mar 31
      Replying to @MustStopMurad @giacomozucco

      We have to either make STARKs have shorter proof sizes or make Zcash have higher bandwidth. (Or make Bulletproofs have faster verification times or make Zcash verification-time-insensitive. ☺)

      1 reply 0 retweets 2 likes
    9. Murad Mahmudov  🚀‏ @MustStopMurad Apr 11
      Replying to @zooko @giacomozucco

      Do you think it’s reasonable to believe that Zcash can be a massive success with ZKsnarks alone? And separatelt, do you think Zcash can succeed without mandatory privacy? Appreciate your responses tremendously:)! Huge Project Fan.

      1 reply 0 retweets 1 like
    10. zooko‏ @zooko Apr 11
      Replying to @MustStopMurad @giacomozucco

      SNARKs are pretty great, but I don't like the toxic waste problem. But did you mean SNARKs vs. newer crypto tech? Or something else? As for default-on privacy, yes of course we need that!

      1 reply 0 retweets 0 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Apr 11
      Replying to @zooko @giacomozucco

      Yeah, is figuring out newer tech (STARKs, Bulletproofs etc.) life-and-death for Zcash? To what extent do you think the system could be successful with SNARKs alone? What do you think will come first, default-on privacy, or a move from SNARKs to newer tech?

      7:21 PM - 11 Apr 2018
      1 reply 0 retweets 0 likes
        1. New conversation
        2. zooko‏ @zooko Apr 11
          Replying to @MustStopMurad @giacomozucco

          Eh, I don't know. We already have a plan in motion for default-on privacy: https://blog.z.cash/roadmap-update-2017-12/ … But when exactly it will come to end-users depends on third-party wallet and service providers.

          1 reply 1 retweet 1 like
        3. Murad Mahmudov  🚀‏ @MustStopMurad Apr 11
          Replying to @zooko @giacomozucco

          Thank you for your time and your work.

          0 replies 0 retweets 0 likes
        4. End of conversation

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