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I wouldn't be so sure of that, there already exist some alternatives which seem better in some ways like Monero. I have very low trust for scam developers like

I wouldn't be so sure of that, there already exist some alternatives which seem better in some ways like Monero. I have very low trust for scam developers like the ZCash ones, I'm sure someone quite capable could take it up.

zby 10y ago
'scam developers'? A bit harsh isn't it?
- problems 10y ago
  They're running a pump and dump, sure, they made it rate limited, but a delayed pump and dump is still a pump and dump.
  - conception 10y ago
    A pump and dump that was started at John Hopkins and been being worked on for three years? Wat?
SEK3NLM 10y ago
Whoa, Monero is weak, while Z.cash has a top flight team. This isn't the poloniex trollbox. No need to talk up your investment. All of the HN crowd are quite capable of seeing the team at https://z.cash/team.html https://z.cash/team.html Are Vitalik and Gavin Anderson "Scam developers"? Matthew Green? Is he a "scam cryptographer"?
hulahoof 10y ago
So the developers are scammers because you use an alternative?
Ar-Curunir 10y ago
The people behind ZCash are definitely not "scammers"; they're respected computer scientists and applied cryptography engineers.
- problems 10y ago
  They may have some flashy names, but there's no truely provable reason to believe they're better than the fly-by-night guys who pop up on bitcoinforums with a new altcoin and dump it as soon as it's up and running. Since there's no cryptographically provable way to know they won't do this, well, we have to assume it's what they'll do. Distrust is the basis for cryptocurrencies afterall.
  - Ar-Curunir 10y ago
    Unlike those fly-by-night guys, these people have their reputations at stake; they've have not only their names associated with this project, but also their academic careers. Moreover, having worked with some of them, I can assure they're not shady no-gooders...
  - meowface 10y ago
    There's no truly provable reason to believe anyone isn't a scammer. Many supposedly reputable people in the finance industry are eventually revealed to be scammers. It's unavoidable. But these guys are much less likely to be scammers than the typical no-name GitHub/Twitter/Bitcoinforums accounts promoting a new revolutionary coin.
  - DennisP 10y ago
    Part of the reason for their share of the mining reward is to give them a strong economic incentive to stick with it for at least four years.

zby 10y ago

'scam developers'? A bit harsh isn't it?

problems 10y ago
They're running a pump and dump, sure, they made it rate limited, but a delayed pump and dump is still a pump and dump.
- conception 10y ago
  A pump and dump that was started at John Hopkins and been being worked on for three years? Wat?

SEK3NLM 10y ago

Whoa, Monero is weak, while Z.cash has a top flight team. This isn't the poloniex trollbox. No need to talk up your investment. All of the HN crowd are quite capable of seeing the team at https://z.cash/team.html https://z.cash/team.html Are Vitalik and Gavin Anderson "Scam developers"? Matthew Green? Is he a "scam cryptographer"?

hulahoof 10y ago

So the developers are scammers because you use an alternative?

Ar-Curunir 10y ago

The people behind ZCash are definitely not "scammers"; they're respected computer scientists and applied cryptography engineers.

problems 10y ago
They may have some flashy names, but there's no truely provable reason to believe they're better than the fly-by-night guys who pop up on bitcoinforums with a new altcoin and dump it as soon as it's up and running. Since there's no cryptographically provable way to know they won't do this, well, we have to assume it's what they'll do. Distrust is the basis for cryptocurrencies afterall.
- Ar-Curunir 10y ago
  Unlike those fly-by-night guys, these people have their reputations at stake; they've have not only their names associated with this project, but also their academic careers. Moreover, having worked with some of them, I can assure they're not shady no-gooders...
- meowface 10y ago
  There's no truly provable reason to believe anyone isn't a scammer. Many supposedly reputable people in the finance industry are eventually revealed to be scammers. It's unavoidable. But these guys are much less likely to be scammers than the typical no-name GitHub/Twitter/Bitcoinforums accounts promoting a new revolutionary coin.
- DennisP 10y ago
  Part of the reason for their share of the mining reward is to give them a strong economic incentive to stick with it for at least four years.