Is it just me or is there something depressing about all this?
Ethereum just checked that part of a Zcash transaction was legit
The testnet for Ethereum's next big update has successfully verified an important part of a transaction with the virtual cryptocurrency Zcash, bringing the dream of making the blockchain network more privacy-focused just a tiny bit closer to reality. In blockchain protocols such as Bitcoin, all the nodes have to validate all …
COMMENTS
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Thursday 21st September 2017 10:52 GMT gudguy1a
Depressing & Scary
Yes, it is somewhat depressing.
And it is also scary, because I work in Intelligence & Cybersecurity and I am one of that think long and hard about security - criminal activities, malicious activities, etc... While privacy is a VERY good thing, it is not such a good thing when it comes to anonymity where criminal elements dwell/crawl/slither.... And certain government activities, pick a government (i.e. US Attorney General wanting a web site to turn over web site info so they can track all those individuals {& yes, that particular AG is a slime bucket - allegedly...})
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Friday 22nd September 2017 07:28 GMT Anonymous Coward
I want crypto currency to work. No bullshit I really do. And when I say really work I mean I'd like for some flavour of crypto currency to become popular, mainstream and probably most importantly, easy enough for joe public to use for it to become a credible contender / competition against the traditional establishment of "real" banks.
I do understand that software needs to be perfected until fit for purpose but the sorry situation is that it's now 8 years since crypto currency was invented as a concept and the whole crypto currency industry (if it can be called that) is still stuck in the fannying about stage..exactly like the rest of the software industry.
There's no hope for mainstream adoption until things stabilize.
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