Dan

How Zcash has survived to this point is a miracle tbh

privacy is similar to decentralization in that pursuing it for its own sake is not effective. it must enable something tangible in the context of a monetary asset on an L1, it enables fungibility, security, and censorship resistance as well as providing the implicit social framework for the miners the full backing of the entire L1 then reduces counterparty risk, which onboards serious capital, which then grows the anonymity set, which then helps onboard more serious capital, which then reinforces the monetary properties privacy becomes the network effect that enables the money itself. I don't see how else you can scale the separation of money and state. this is why zcash has the potential to be a generational project

@crispheaney Working on this.

why cant i borrow against ZEC on solana yet

@simononchain A man can dream

@txds_ ways 2 go

Lads, it's time to liquidate Garrett Jin

zodl

Encrypting value exogenous of the base asset is very very hard to grow. Goes for quantum proofing too. This is ultimately why I believe in Zcash and its ability to scale.

zk cryptography is the unlock to get financial self-sovereignty, human agency, and censorship-resistance. It brings together strong privacy, scalability and post quantum security. All cryptocurrencies will reorient accordingly. Your leaderboard is changing.

Near team deserves it all. I haven't worked with a better Foundation / L1. What Hyperliquid did to crypto perps, NEAR will do to crypto spot trading.

Applications to attend the ZODL Summit are still open to high-value contributors. We have limited spots, and already have more applicants than we can take. We'll be picky. The Summit will focus on adoption and ecosystem partners, the NU7 roadmap, Tachyon, post-quantum Zcash, and PIR opportunities, among other things.

@fluidual its gunna get cheaper anon

@txds_ albeit at x4 the price for v4

Venice and DIEM is access to AGI

@EmersonDickie @Parkk___ shielding stablecoins is mental masturbation, railgun only works via eth

@txds_ @Parkk___ Railgun design is compliant with regulation… Bro has no idea what he is saying

I like Railgun, but $93m TVL isn’t interesting to me. Thats the issue with majority of these privacy protocols. They aren’t able to attract capital to enable privacy at scale. This is why Zcash wins and continues to win

@EmersonDickie @AvgJoesCrypto Therein lies the problem. Fragmentation kills privacy, multiple networks focused on different things with different assets all unrelated to the protocol's token. EVMs can/will have their layer of privacy, idt it will be competitive to something like zcash though.

@txds_ @AvgJoesCrypto Imo, if you think railgun won’t get adoption, then I don’t see how you think EVMs broadly get their layer of privacy. Are you betting that EVMs don’t have a layer of privacy ? Or that users won’t opt in to using it if it is an option that is easy to use / user friendly ?

@EmersonDickie @AvgJoesCrypto TVL is exogenous of the asset, but yes, I'll be following

@txds_ @AvgJoesCrypto Sir you don’t know what you are talking about. It’s literally infra that will be integrated with your favorite EVM wallets and apps. There’s no chicken and egg problem and “reliant on team shipping” is terrible take the fact you even mention that is insane 😂

@RailgunIntern @AvgJoesCrypto My critique is TVL is stagnant and needs to grow. I hope Kohaku changes that and folks commit ETH to the pool.

@txds_ @AvgJoesCrypto So you're critiquing the 93M in tvl and 70%+ staked and 5.2 cumulative private volume because its not as big as zec? That's opportunity. Re clarity PPOI is the closest thing to dynamic + compliant private defi today and very much research has gone in to this exact study.

@Parkk___ Because there's $93M in railgun and regulation is coming to DeFi and each chain will have their own version of privacy. Liquidity will continue to be fragmented. NEAR has the best shot of pulling something off because of its architecture.

@txds_ Why do you think they aren’t able to attract capital?