I know very little about Zcash but one question: using and advocating for privacy-focused, open source and decentralised coins like Monero/Zcash is being compromised? To me that's cypherpunk af, what's wrong with hodling BTC and using other coins for spending privately? nostr:npub12qz56plzehejkyp4waaannmnny4y4c30j8q55a3wlk49haslga2snypdx8 keeps it real imo.
Discussion
"Zidelined" is all I needed to see. It's the newest marketing term. Roger Ver loved this thing to.
zcash is not decentralized, but monero is based
people were crying about monero's reorg attacks of a pool that only reached 30% hashrate, take a peek on what zcash's hashrate look like: https://miningpoolstats.stream/zcash
not to mention the dev tax, corporate structure, desperate compliance, if zcash was truly cypherpunk it would be 100% shielded for starters, and secondly it would be traded on p2p markets and be used on darknet markets, but it's only traded and used on regulated CeXs (which use transparent non-shielded addresses by default), that should tell enough
so in Vlad's case it prob means being compromised by "pumponomics" -> shill -> coin goes up -> "I was right!!" -> sell it -> restart cycle, but not actually using in circular economies which is what actual cypherpunks would do
thanks for the info, i'm an ignorant on this matter (and many others)