News for hackers. Stuff that matters.

A comment on ZCash (formerly Zerocash/Zerocoin) technology preview.

Re:ZCash (formerly Zerocash/Zerocoin) technology preview by ebbv on Friday February 05, 2016 @02:40PM (#11044021)
Correct me if I'm wrong but this is a for profit company telling me to use the currency, no commodity, they created and control in order to have privacy?

How about I just stick to actual money?

[ Parent | on HN ]
Re:ZCash (formerly Zerocash/Zerocoin) technology preview by mangeletti on Friday February 05, 2016 @02:53PM (#11044126)
I don't think they will actually control anything, once it takes off; just like no single entity really controls Bitcoin.
[ Parent | on HN ]
Re:ZCash (formerly Zerocash/Zerocoin) technology preview by ebbv on Sunday February 07, 2016 @09:58AM (#11053017)
> just like no single entity really controls Bitcoin.

That's just not true. The core developers do control it. Look at the problems its having with the blockchain limit. Yes in theory anyone can fork it and people can run the fork, but that theory has now been tested and it failed.

Similarly, if ZeroCash took off, the "official" devs would be the ones to control it. And they're a for profit company on top of it. I can't think of a worse idea than that. A commodity "currency" that is controlled entirely by a for profit company.

[ Parent | on HN ]
Re:ZCash (formerly Zerocash/Zerocoin) technology preview by mangeletti on Thursday February 18, 2016 @10:47PM (#11131397)
You mean like the US Dollar?
[ Parent | on HN ]