Cryptocurrency: zk-SNARK Privacy Coins, Why and How They Work

[grarpamp]

On 6/19/19, Punk <punks at tfwno.gf> wrote:
>> https://z.cash/
>
> 	is that the thing that requires a 'trusted'(LMAO!!) 'setup'?

No, that would be the Fiats, and shitcoins like Facebook Calibra Libra,
staunch anti-privacy junk like BTC and BSV, thousand other
pointless, broken, central, surveilled, censored, feature laden,
shitcoins and tokens.

No, go read the actual docs on what the [now independant]
zk parameter generation projects are doing, and what they model.
Find with any search, or follow the Sapling links.
https://z.cash/upgrade/sapling/

Distributed, private, uncensorable, scale... if any of those
are not true for a coin, it's going to have serious problems.

Nothing wrong with true cypherpunk cryptocurrencies [1],
or with metals and chickens. All three have their issues
and strengths too. Use whatever you want.

Or be a basic bitch and keep on exclusively using Fiat,
shitcoins, and worshipping Govt and this dude's feet...

https://news.slashdot.org/story/19/06/19/145254/he-says-he-invented-bitcoin-and-is-suing-those-who-doubt-him


[1] There might even be a few worthy candidates
out there by now... so go find and post them here.