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.
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.