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by bestbuyer__ 1430 days ago
Indeed. But I wouldn't consider ZCash to be in the same category as Monero, not with the way it was pre-mined, the sketchy key ceremony, the developers' willingness to co-operate with law enforcement, and the unshielded-by-default transactions.
2 comments

I'm out of the loop. Why does it matter if they cooperate with police? That would be like signal's big brother, right? If it is secure then there's nothing to really give them. I did hear they are removing the unshielded wallets and fixing the ceremony process fwiw.
Because the main use-case of a privacy coin is for illegal transactions such as drug sales on the dark web, so co-operating with law enforcement entirely defeats the point.
note that if they lied in the ceremony process, the only thing they could do is undetectably mint zcash. they would not be able to deanonymize shielded transactions
That's not a very comforting thought...