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This will be massively labor-saving for a key cryptocurrency use-case: exchange operators who "get hacked" won't have to worry about whether they sufficiently h
by al2o3cr 11y ago
This will be massively labor-saving for a key cryptocurrency use-case: exchange operators who "get hacked" won't have to worry about whether they sufficiently hid the outbound funds... ;)
- desireco42 11y agoExcellent point! :)
- ewillbefull 11y agoOne of the most important properties of Zcash is "selective disclosure." Effectively, you can audit and perform proofs-of-solvency with the same security as in other cryptocurrencies. But yes, if someone on the inside "steals" the money, nobody will figure out where it went.