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Will McEvoy

@will__mcevoy • 5,555 subscribers

CIO @cypherpunk Investing for @cameron + @tyler at @winklevosscap Interested in entropy

Shorts

When people in the FBI tell me that they'd much rather have criminals use Bitcoin than $100 bills, it suggests that maybe it's not quite working the way it was supposed to. - Peter Thiel

When people in the FBI tell me that they'd much rather have criminals use Bitcoin than $100 bills, it suggests that maybe it's not quite working the way it was supposed to. - Peter Thiel

81,464 просмотров

.mert on privacy as a network effect: "Privacy is a network effect, the more people use it, the more private it gets, which pulls in more people, which shrinks counterparty risk." Zcash is only getting stronger.

.mert on privacy as a network effect: "Privacy is a network effect, the more people use it, the more private it gets, which pulls in more people, which shrinks counterparty risk." Zcash is only getting stronger.

17,613 просмотров

.@vladcostea on Zcash: "To a great degree, Zcash is like Bitcoin in 2013: the enthusiasm, the adoption happening in such a short time, and the mistakes along the way that strengthen the protocol but also scare away some market participants." Early.

.@vladcostea on Zcash: "To a great degree, Zcash is like Bitcoin in 2013: the enthusiasm, the adoption happening in such a short time, and the mistakes along the way that strengthen the protocol but also scare away some market participants." Early.

19,049 просмотров

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.Arjun Khemani on the Zcash counterfactual: "If Zcash had been developed before Bitcoin, and Bitcoin came along in 2016, nobody would use Bitcoin. Privacy would be normal at that point." Bitcoin's head start wasn't a better design. It was a better date.

.Arjun Khemani on the Zcash counterfactual: "If Zcash had been developed before Bitcoin, and Bitcoin came along in 2016, nobody would use Bitcoin. Privacy would be normal at that point." Bitcoin's head start wasn't a better design. It was a better date.

25,436 просмотров • 21 дней назад

.mert on Zcash's future: "The next upgrade is a formally verified, quantum-proof and more scalable shielded pool in Tachyon. One of the most bullish possible network upgrades I've seen in the history of crypto." Zcash is unstoppable private money.

.mert on Zcash's future: "The next upgrade is a formally verified, quantum-proof and more scalable shielded pool in Tachyon. One of the most bullish possible network upgrades I've seen in the history of crypto." Zcash is unstoppable private money.

73,931 просмотров • 3 месяцев назад

.mert says Bitcoin's earliest figures wanted privacy from the start “People don't know this: Satoshi, in the first Bitcoin post, directly linked zooko🛡🦓🦓🦓 ⓩ, one of the co-founders of Zcash” “Hal Finney was also a supporter of Zcash. He knew Zooko, he followed the project, and he tweeted things like, ‘Looking to add anonymity to Bitcoin’” “There's a forum post from way back in the day about adding privacy to Bitcoin using ZK — but ZK was very early, not proven at all. And Satoshi himself says something like, ‘This would make for a much more effective and efficient implementation of Bitcoin. I'm just not sure how to get around the double-spending problem’” “Most of the reason blockchains today are transparent is that they couldn't get around the double spend problem without knowing how much everybody has at all times” “Technology evolves to fix such gaps. And now we do have the tech”

.mert says Bitcoin's earliest figures wanted privacy from the start “People don't know this: Satoshi, in the first Bitcoin post, directly linked zooko🛡🦓🦓🦓 ⓩ, one of the co-founders of Zcash” “Hal Finney was also a supporter of Zcash. He knew Zooko, he followed the project, and he tweeted things like, ‘Looking to add anonymity to Bitcoin’” “There's a forum post from way back in the day about adding privacy to Bitcoin using ZK — but ZK was very early, not proven at all. And Satoshi himself says something like, ‘This would make for a much more effective and efficient implementation of Bitcoin. I'm just not sure how to get around the double-spending problem’” “Most of the reason blockchains today are transparent is that they couldn't get around the double spend problem without knowing how much everybody has at all times” “Technology evolves to fix such gaps. And now we do have the tech”

33,968 просмотров • 1 месяц назад

.mert on why he believes in Zcash: "While there are still people in jail for writing privacy code, this is the time to make the push. Zcash embodies what the cypherpunks built crypto for: cryptography for individual rights and privacy." The original thesis is still intact.

.mert on why he believes in Zcash: "While there are still people in jail for writing privacy code, this is the time to make the push. Zcash embodies what the cypherpunks built crypto for: cryptography for individual rights and privacy." The original thesis is still intact.

67,653 просмотров • 2 месяцев назад

.mert on why Zcash's privacy isn't privacy for its own sake “In Zcash's case the privacy isn't privacy for its own sake — it's to enable a better monetary property for that asset. One thing you might think of is fungibility” “If a coin has history and you can see its provenance, there is a case in which you will not be allowed to use that coin because of its history. Whereas cash is devoid of all information. If I give you a $5 bill, you don't see anything about where it has been” “One thing people might have missed in the Ironwood upgrade is that it is now quantum recoverable. You've probably heard the panic about Bitcoin's quantum readiness — Zcash is quantum recoverable today, and quantum proof toward the end of autumn” “A store of value fundamentally requires a low entropy channel. Entropy is defined as surprise — you don't want to be surprised. You want to be able to just store it somewhere, and that's that” “Zcash is also scaling: 75-second block times going to 20 seconds, with a target of a few thousand TPS”

.mert on why Zcash's privacy isn't privacy for its own sake “In Zcash's case the privacy isn't privacy for its own sake — it's to enable a better monetary property for that asset. One thing you might think of is fungibility” “If a coin has history and you can see its provenance, there is a case in which you will not be allowed to use that coin because of its history. Whereas cash is devoid of all information. If I give you a $5 bill, you don't see anything about where it has been” “One thing people might have missed in the Ironwood upgrade is that it is now quantum recoverable. You've probably heard the panic about Bitcoin's quantum readiness — Zcash is quantum recoverable today, and quantum proof toward the end of autumn” “A store of value fundamentally requires a low entropy channel. Entropy is defined as surprise — you don't want to be surprised. You want to be able to just store it somewhere, and that's that” “Zcash is also scaling: 75-second block times going to 20 seconds, with a target of a few thousand TPS”

19,657 просмотров • 1 месяц назад

.mert on what's coming to Zcash after Ironwood “The biggest one in the works: block times are currently 75 seconds, and we're going to get that down to 20 —over a 3x improvement in performance” “People might've missed there's actually a new node client for Zcash. In Solana, the ETH guys used to talk about ‘Solana only has one client.’ Zcash now already has client diversity — no single point of failure in the node software” “Tachyon will introduce a new shielded pool with a much simplified ZK circuit — formally verified, of course — and that reduces the magnitude of risk another order of magnitude” “Ironwood is quantum recoverable, meaning you can recover from a quantum attack. Tachyon will be quantum proof, meaning it cannot be quantum attacked at all” “Performance, quantum proofing, formal verification, auditability — all these different things coming before the end of the year”

.mert on what's coming to Zcash after Ironwood “The biggest one in the works: block times are currently 75 seconds, and we're going to get that down to 20 —over a 3x improvement in performance” “People might've missed there's actually a new node client for Zcash. In Solana, the ETH guys used to talk about ‘Solana only has one client.’ Zcash now already has client diversity — no single point of failure in the node software” “Tachyon will introduce a new shielded pool with a much simplified ZK circuit — formally verified, of course — and that reduces the magnitude of risk another order of magnitude” “Ironwood is quantum recoverable, meaning you can recover from a quantum attack. Tachyon will be quantum proof, meaning it cannot be quantum attacked at all” “Performance, quantum proofing, formal verification, auditability — all these different things coming before the end of the year”

21,500 просмотров • 1 месяц назад

.@zkdragon on his Zcash origin story: "Zcash is part of what got me into cryptocurrency... I worked with a professor at UC Berkeley who's also one of the founding scientists of Zcash, Alessandro Chiesa." Zcash attracts the smartest minds.

.@zkdragon on his Zcash origin story: "Zcash is part of what got me into cryptocurrency... I worked with a professor at UC Berkeley who's also one of the founding scientists of Zcash, Alessandro Chiesa." Zcash attracts the smartest minds.

13,513 просмотров • 23 дней назад

.mert on Zcash: "It went from top 100 to top 20, top 15, depending on the day. Next up is top three." Privacy is becoming more and more valuable in the age of surveillance.

.mert on Zcash: "It went from top 100 to top 20, top 15, depending on the day. Next up is top three." Privacy is becoming more and more valuable in the age of surveillance.

40,085 просмотров • 2 месяцев назад

.Chamath Palihapitiya on surviving deplatforming: "What that requires is extreme privacy and a monetary system that can be shielded." Sounds like Zcash.

.Chamath Palihapitiya on surviving deplatforming: "What that requires is extreme privacy and a monetary system that can be shielded." Sounds like Zcash.

41,833 просмотров • 3 месяцев назад

.Dev 🧪 on the Zcash roadmap: From 3 TPS today to 660 TPS post-quantum private. That's really our target.

.Dev 🧪 on the Zcash roadmap: From 3 TPS today to 660 TPS post-quantum private. That's really our target.

42,048 просмотров • 3 месяцев назад

.mert: "The next pool will be provably sound. The math in the ZK circuit will be mathematically proven. Risk drops orders of magnitude." Zcash is at the forefront of security research.

.mert: "The next pool will be provably sound. The math in the ZK circuit will be mathematically proven. Risk drops orders of magnitude." Zcash is at the forefront of security research.

35,507 просмотров • 3 месяцев назад

.Ansem 🐂🀄️ on Zcash: "Zcash has a lot of the same features as Bitcoin, but it's quantum resistant and it's also private. The early believers in Bitcoin were the early believers in Zcash." Zcash is encrypted Bitcoin.

.Ansem 🐂🀄️ on Zcash: "Zcash has a lot of the same features as Bitcoin, but it's quantum resistant and it's also private. The early believers in Bitcoin were the early believers in Zcash." Zcash is encrypted Bitcoin.

26,671 просмотров • 2 месяцев назад

.Arthur Hayes on why Zcash is his second biggest bag: "Big tech, big government, AI, they will know everything about us. Cryptographic privacy with money is super needed. That's why Zcash is my second biggest bag." Surveillance is the default. Zcash is the exit.

.Arthur Hayes on why Zcash is his second biggest bag: "Big tech, big government, AI, they will know everything about us. Cryptographic privacy with money is super needed. That's why Zcash is my second biggest bag." Surveillance is the default. Zcash is the exit.

32,614 просмотров • 3 месяцев назад

Mert on what most of crypto missed about Zcash: "Zcash is the first team on Earth to have deployed ZK in production. The people behind it are literally the best in the world. Some are still working on it." Ten years of world experts on one problem. The moat is the people.

Mert on what most of crypto missed about Zcash: "Zcash is the first team on Earth to have deployed ZK in production. The people behind it are literally the best in the world. Some are still working on it." Ten years of world experts on one problem. The moat is the people.

31,284 просмотров • 3 месяцев назад

The future of crypto is private.

The future of crypto is private.

23,408 просмотров • 2 месяцев назад

.mert on Zcash: "Zcash pioneered ZK-SNARKs, the first production system on the planet. The whole internet runs on cryptography, yet the financial system makes no use of it. Privacy is the missing piece." Zcash is winning.

.mert on Zcash: "Zcash pioneered ZK-SNARKs, the first production system on the planet. The whole internet runs on cryptography, yet the financial system makes no use of it. Privacy is the missing piece." Zcash is winning.

14,867 просмотров • 1 месяц назад

.Sean Bowe on why Zcash has never needed a privacy upgrade: "We've never done a privacy upgrade in Zcash because we haven't had to. Our protocol already used ledger indistinguishability from the very beginning, and that captures every single privacy problem on-chain we need to worry about." Zcash had maximum privacy from day one.

.Sean Bowe on why Zcash has never needed a privacy upgrade: "We've never done a privacy upgrade in Zcash because we haven't had to. Our protocol already used ledger indistinguishability from the very beginning, and that captures every single privacy problem on-chain we need to worry about." Zcash had maximum privacy from day one.

24,567 просмотров • 3 месяцев назад

.mert on Zcash's privacy stack: "It's fully vertically integrated, network level, miner level, metadata level. Privacy is the absence of leaks, and unless you build the pipes to stop them from the start, they'll show up." Zcash is irreplaceable.

.mert on Zcash's privacy stack: "It's fully vertically integrated, network level, miner level, metadata level. Privacy is the absence of leaks, and unless you build the pipes to stop them from the start, they'll show up." Zcash is irreplaceable.

13,641 просмотров • 1 месяц назад

.mert on Zcash: "The new pool will be quantum recoverable, with full quantum-proofing within the year and a jump to a few hundred TPS. This is private internet money that cannot be taken from you. The team's been shipping since day one." Zcash is in wartime mode.

.mert on Zcash: "The new pool will be quantum recoverable, with full quantum-proofing within the year and a jump to a few hundred TPS. This is private internet money that cannot be taken from you. The team's been shipping since day one." Zcash is in wartime mode.

16,323 просмотров • 2 месяцев назад

.Josh Swihart 🛡: "Zcash is peer-to-peer electronic cash, the vision of Satoshi with the Bitcoin whitepaper. But Bitcoin was missing encryption. It was missing privacy. Zcash is like Bitcoin, but with encryption, with privacy."

.Josh Swihart 🛡: "Zcash is peer-to-peer electronic cash, the vision of Satoshi with the Bitcoin whitepaper. But Bitcoin was missing encryption. It was missing privacy. Zcash is like Bitcoin, but with encryption, with privacy."

16,852 просмотров • 2 месяцев назад