Side note: #Zcash was at $195 when I tweeted that three months ago. Today it touched $600.
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Please, for god's sake don't take my tweets as investment advice. I'm a technologist, not a stock broker. I point to the price increase because it's an interesting metric of recognition, not because I think you should buy it.
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Are you concerned about the possibility of zcash's trusted setup being compromised?
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Due to the design of the ceremony, the chance of every single participant (many known, respected, publicly identified figures) in the ceremony being compromised (which is the only way to cause harm) is close to zero. An undetected flaw in the novel cryptography is more realistic.
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The only way I can see the initial ceremony having been compromised is by a bad build distributed to all participants. But this is hard to pull off in the first place, and participants kept copies of the build on write-once media, providing for an audit trail.
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@petertoddbtc, one of the participants, finds it very hard to reproduce the binary builds (non deterministic) - at least if I understood correctly - thus making it very hard, I suppose, to verify. What am I missing? -
All such binaries are hard to verify/audit. The binaries from the first Zcash Ceremony are slightly less hard than most software.
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If all such binaries are "hard to verify/audit", why claim the trusted setup was a multi-party computation?
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Throughout the ceremony; did you have access to anyone else's secret values? No. This is why it is called multi-party computation.
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What do you think about hoarding silver and gold for when society collapses?
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If society collapses, I don't think currency is going the be the most immediate problem to solve.
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Well yeah. I was asking for a friend who is obsessed with coins. I think it’s already starting, though. What kind of bunker do you recommend?

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“asking for a friend” lol
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If you want truly secure privacy from the ground up
@ParticlProject does both#CT and#ringCT while integrating, currency, messaging, marketplace, coin exchange and trustless 2-party escrow and#dApps for truly#anonymous and#private secure settlement and communications.pic.twitter.com/tfAJUW413j
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It also accepts multiple cryptocurrencies via
#atomicswaps and decentralised exchange integration into the client node which will give enhanced indepedence of#cryptocurrency from#fiat for the practical purpose of actually buying and selling goods rather than pure speculation. -
It's a significant evolution of decentralised currency into decentralised private communications and marketplace with on-chain governance; the first practical step towards global decentralisation and greater genuine freedom.https://decentralize.today/in-depth-presentation-of-the-particl-project-b3a41923a07e …
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What do you think of bulletproof / confidential transactions (CT)? https://eprint.iacr.org/2017/1066.pdf
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Amateur cryptography
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