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errol.sol ⛏️

errol.sol ⛏️

@ErrolFern24

SOV hunter

Katılım Haziran 2022
599 Takip Edilen93 Takipçiler
errol.sol ⛏️
errol.sol ⛏️@ErrolFern24·
The upside of $ORE against $ZEC is better. Own both if you ask me. Ore already has all the ingredients for a 10x: Cash flows, revenue, narrative. It can achieve 10x faster than zec. Low mcap, fun mining and a strong/building community. HighOre.
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errol.sol ⛏️
errol.sol ⛏️@ErrolFern24·
I think there will never be another major coin that will run the way $BTC did in 2016. First, there was only bitcoin and a few coins at the time. Now there are like millions of tokens with an ever growing competition. This industry is diluted.
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errol.sol ⛏️
errol.sol ⛏️@ErrolFern24·
I tried mining $ORE for the first time, and ngl, it feels mining a digital commodity and you are like inside a mining tunnel which they called "grid". This is mining is a business. Holding some for now as I think its a better SOV play than $ZEC or $BTC.
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errol.sol ⛏️
errol.sol ⛏️@ErrolFern24·
@Fiskantes @mattytay For now it could be illiquid. But later who knows. Not a shill here. Just wanted people to learn more about $ORE
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fiskantes ⭐️🩸
fiskantes ⭐️🩸@Fiskantes·
@mattytay In other words - pls stop shilling such illiquid stuff thats so easy to move (esp under my comments) I think you are better than that
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fiskantes ⭐️🩸
fiskantes ⭐️🩸@Fiskantes·
Hear me out Bitcoin, but scalable, quantum resistant and private
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errol.sol ⛏️
errol.sol ⛏️@ErrolFern24·
$ORE is now a better and a lower risk SOV play for me than $ZEC. I also think it has a better potential on the longer term of things.
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Don
Don@schwanald·
I mean could a crazy man make the case this is one big ass cup and handle 😂 $ZEC
Don tweet media
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mert
mert@mert·
since this comes up every few months, a refresher: - first, there *is* a way to prove the bug wasn't exploited, more on this below - the fundamental tradeoff in a strict privacy pool is that if there's a bug, it could be utilized without immediate detection. this is the same for almost all privacy protocols without audit keys and with circuits - it's similar to any other crypto bug, like defi, in that something could be exploited and moved to a different chain. there are bugs lurking all over defi, blockchains, and all software at all times. the difference is that given the privacy, it's obviously harder to detect timely - note that this has always been the case with any of these things (and zcash isn't unique here, the other notable privacy project you're thinking of also has the risk of counterfeit bugs), so nothing is "new" except for the fact that understandably not everyone knows the technical tradeoffs - in zcash, you have guardrails to detect this so the supply would never increase past 21M *but* the ppl in that pool would get shafted unless there's social consensus, which would admittedly be messy - recently, the zcash core teams have been increasingly using advanced tools and hiring external security firms to audit themselves to keep improving security - this is also why it's harder than it sounds to just add privacy to an L1 or L2 (without audit keys) because you want a high concentration of security researchers and cryptographers looking at this at all times. it's also why "dino" projects are interesting because they've survived this long. - now with this new effort, one of these was a hit and the team immediately patched the bug they found - you can be reasonably sure that it wasn't exploited given a number of signals, but you can't definitively prove it unless either: i) the turnstile is triggered ii) the wallets start pointing to a new pool to migrate (there have been 3 such migrations in the past for example) which would then prove this luckily, there has been work on creating a new pool that's provably sound, formally verified, and quantum proof this whole time with @TachyonZcash (which is also how I first got introduced to zcash) so once that migration is done, you will have full certainty
mert@mert

almost all privacy protocols have a variant of this same thing this same FUD comes back every 5 months as new people learn how privacy pools work (and curiously it mostly comes from xmr ppl who are also vulnerable to counterfeit bugs lol) in theory, with a zk privacy protocol (not just zcash), you could have a bug in a circuit that inflates supply provided someone extremely sophisticated finds it and somehow exploits it undetected (the difference between a regular defi exploit is that it's harder to detect) the new information since last week is that the team has ramped up redteaming their own circuits with a ton of new advanced tools and teams specifically for this purpose and patched the bug in the process (I actually thought people would find this bullish but I'm retarded clearly) on zcash, you can catch this with a turnstile such that the total supply is not inflated and the attacker is stopped but that would effect withdrawals from that specific shielded pool until social consensus you can probabilistically claim there was no exploit though not definitively because the turnstile would've triggered and probabilistically an attacker would've sold by now or the several other run ups, and the fact that the very best security people from all over couldn't find an issue for years, but nothing has changed as this was always the case it's also why "just adding privacy" on a different chain (without audit ability) is not as easy as it sounds because you want the very best people working on this at all times and that was the point of this I get this makes some people uneasy, so there will be a network upgrade to allow anyone to verify the integrity, coming up (see zooko's post) this is why project tachyon is going to be such a banger. not just because it will be quantum proof but because it will be a new pool (which will definitively prove this wasn't exploited), but because it will be formally verified, simpler, and provably sound anyway, im shielding and chilling see: x.com/ebfull/status/…

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MR SHIFT 🦁
MR SHIFT 🦁@KevinWSHPod·
The more people get depressed The more I get bullish You can sell me all your coins 🤝
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errol.sol ⛏️
errol.sol ⛏️@ErrolFern24·
so whether $ZEC goes to zero or $50,000 today, we can't sell our zec because intents swap, exchanges deposits/withdrawals are suspended? zillions. 😂
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battbot🛡️
battbot🛡️@in4crypto·
zcash is almost worth 1% of bitcoin 👀
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errol.sol ⛏️
errol.sol ⛏️@ErrolFern24·
$BTC capitulation seen at 1 hour chart. Bounce imminent. $ZEC looks for potential breakout TODAY.
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Dev 🧪
Dev 🧪@zkDragon·
@KookCapitalLLC It’s been up the whole time. Install @vizorwallet and send me an address the block explorers weren’t given the update in time, so they had higher downtime
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kook 🏝️
kook 🏝️@KookCapitalLLC·
despite being 'better bitcoin' $zec network has not produced any blocks for ~5 hours wow shocking
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errol.sol ⛏️ retweetledi
Om7eth
Om7eth@Ombaba77·
$ZEC = next-gen $BTC $NEAR = next-gen $ETH $HYPE = next-gen $BNB
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errol.sol ⛏️
errol.sol ⛏️@ErrolFern24·
@monerify How much is your unrealized losses on xmr and your gains if you just have bought zec?
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errol.sol ⛏️
errol.sol ⛏️@ErrolFern24·
My gut tells me the pattern for $ZEC is cup and handle and not head and shoulders. Breakout today or tomorrow. Zillions.
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Milk Road
Milk Road@MilkRoad·
Brian Armstrong: Crypto started like HTTP - totally transparent, everything on a public ledger. Now it needs to become HTTPS (private). His solution: optional private transaction types on default-open chains. Coinbase acquired a company called Iron Fish in 2025 to build exactly this for Base. FT @Brian_Armstrong @KevinWSHPod @Coinbase.
Milk Road@MilkRoad

Raoul Pal: No major financial institution will use public blockchains at scale without privacy. That's the blocker. Ethereum and Sui are both now building permissioned privacy into their base chains. Privacy that regulators can unlock when needed, but nobody else can see. FT @RaoulGMI @RealVision @Jamie1Coutts

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