I was interested in zcash right up until the point I discovered privacy opt-in and nobody was opting (dubious philosophy of zcash coin co and zooko only sealed the deal). You can be excited by snarls, but like vaccines, privacy works with the herd effect or not at all.
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If the market was healthy but it is not and Bitmain has shown numerous times that they are willing to abuse their monopoly for economic. If competition improve, possible entries from Intel or Samung , we may reach a place where the open market functions as it should.
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Multiple smaller Cryptonight coins were attacked by ASIC miners as the larger coins left see ETN and Masari. Reducing hash power is an irrelavant if the hash power leaving is no longer compatible with the network.
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