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by ewillbefull
3179 days ago
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Zcash's zk-SNARKs are totally private even if that ceremony failed and even if the cryptographic assumptions underlying zk-SNARKs fall apart. I find the comparison with Bitcoin perfect. The same people trusting PoW cartels to keep their system operational are complaining that zk-SNARKs require a parameter setup for proof soundness? That doesn't really make sense to me. |
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On the face of it, that sounds very wrong. Could you elaborate on what you were saying?