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by neuro_imager
3189 days ago
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A couple questions: - Aren't zerocoin and zerocash two different currencies? Did you mean to say zerocash in your previous comment? - If what Matt Green is saying is true, is there a way to create a backdoor in Monero or any other new crypto that comes along? - One of the reservations that I have around z-cash is the "don't roll your own crypto" mantra even if you are an experienced, academic cryptographer? Is z-cash inherently more risky because its using newer crypto? |
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It's not about rolling own crypto. My understanding is that zcash is more risky due to the newer concepts involved.
This is all theoretical right now anyways. Without more support for shielded transactions, it isn't feasible to use zcash to clean Bitcoin or other cryptocurrencies. Exchange volumes of XMR-ZEC are also too small from what I can see to make stacking them useful.
That said, we are reconsidering things. We will probably add zcash as a payment method sometime this week.