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by OrpheanBeholder 3521 days ago
> Is this the one that forked off BitCoin due to differences centered around how it didn't make its investors/founders enough money

You must be thinking of something else. Matthew Green has said he would have much rather got this implemented in BitCoin.

ZCash forked off of BitCoin because BitCoin core wouldn't accept it. The proposed solution was a "side chain" to BitCoin. Side chains have been being talked about since around 2009, and that's all that is happened: talking. There is no code and no agreement on how they should work.

The fork happened when it became apparent that this would never make it into Bitcoin in any form.

1 comments

Hi. Who are you? You're saying a number of things which are outright untrue, and I think it would be helpful to know who I'm speaking to here.

Matthew Green was _insistent_ about making an altcoin. I believe can substantiate this with DKIM-signed emails by Google, if it's actually being refuted. He was especially concerned about difficulties monetizing any other path.

In particular, later I begged for access to the efficient SHA256 circuits which had been created and benchmarked as part of their publications, which were held back from publication with libsnark. ... so that I could begin working on applications of them with Bitcoin, only to be blown off.

> and that's all that is happened: talking. There is no code and

https://github.com/ElementsProject/elements sidechain right here.

> Matthew Green was _insistent_ about making an altcoin

"Let me reiterate, I would 10,000x rather have put Zerocash in Bitcoin." - https://twitter.com/matthew_d_green/status/78154154453702656...

> He was especially concerned about difficulties monetizing any other path.

"Rewards doesn't even start the discussion. I'd have done it for free just to see it used." - https://twitter.com/matthew_d_green/status/78153489377171865...

admittedly he does bring up monetization: "And even when you got the code, nobody ever answered the problem of how you pay miners and devs." https://twitter.com/matthew_d_green/status/78154634460341043...

>sidechain right here.

"Last I checked - a few months back - it was just a bunch of ideas. No code on main." "And more importantly, no schedule on when it was going to go live. You can't build something that doesn't exist." - https://twitter.com/matthew_d_green/status/78154605479791821...

"A cynical part of me came to think the whole thing was just a put-on designed to squash competing coins." - https://twitter.com/matthew_d_green/status/78154720002742681...