The Zcash Anonymous Cryptocurrency [video]

Re:The Zcash Anonymous Cryptocurrency [video] by meowface on Sunday January 08, 2017 @06:12PM (#13352678)

I think that's a fair share given the amount of work that's gone into it.

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Re:The Zcash Anonymous Cryptocurrency [video] by kneel on Sunday January 08, 2017 @06:27PM (#13352755)

First time I've heard of this practice, it's a very very large percent of the pie. Makes me wonder why they don't just mine?

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Re:The Zcash Anonymous Cryptocurrency [video] by nickik on Sunday January 08, 2017 @06:45PM (#13352844)

The alternative is premining. The went for this model because it it more transparent.

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Re:The Zcash Anonymous Cryptocurrency [video] by plasticmachine on Monday January 09, 2017 @04:01AM (#13355005)

Really? So Bitcoin and Monero only work because of their premine...?

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Re:The Zcash Anonymous Cryptocurrency [video] by biafra on Sunday January 08, 2017 @08:06PM (#13353244)

Although I think it is obvious. I mention it anyway. The founders fee that goes to the developers is meant to fund the development for the next four years.

If you don't like that, there is already the Zclassic fork wihout the founders fee.

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Re:The Zcash Anonymous Cryptocurrency [video] by plasticmachine on Monday January 09, 2017 @06:17AM (#13355525)

You know that it's forked from Bitcoin right? What portion of the tax is being given to the Bitcoin developers?

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