While ZKPs’ Proof of Concept appeared in the 80s, they were highly inefficient due to their size.
While Zcash succeeded in making ZKPs small and efficient enough to allow transactions to be fast, cheap, and private simultaneously, there still exists one major flaw in their implementation:Toxic Waste refers to a set of random numbers generated during the set-up phase to build the Public Parameters which later allow users to construct and verify private transactions.
Let the market decide - I have great expectation of Gen Z being the most educated digital natives in sustainability as becoming discerning consumers & voters whom will naturally gravitate toward transparent 'green' producers, retailers & government.
Hi Zooko, zooko is there anyway to get the history of ZEC? Want to make sure there was never pre mine or ICO kind of sale .. convinced that best secure coin out there but need to make sure it’s not security before investing . 🙏🙏