ZCash Will Be a Truly Anonymous Blockchain-Based Currency
There&#x27;s a general attitude to some of the comments here.<p><pre><code>  &quot;Another altcoin.&quot;
  &quot;I wouldn&#x27;t weigh the odds that this specific system really lasting
  more than 4 years out especially high.&quot;
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ZCash isn&#x27;t just another fly-by-night cryptocurrency scam. It&#x27;s a serious engineering effort that was carefully undertaken by some very well-known cryptography and security experts.<p><pre><code>  Matthew Green
  Daira Hopwood
  Taylor Hornby
  Ian Meiers
  Zooko Wilcox-O&#x27;hearn
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Every one of the names in the preceding list is or was involved in the ZCash project to some capacity. Every one of those names stands alone on their own merits.<p>Ask your cryptography expert friends what they think about ZCash. Yes, the one who are always yakking about side-channel cryptanalysis and which character device to use for generating random numbers. If you don&#x27;t have any such friends, go to ##crypto on Freenode and say &quot;Hi&quot;. It&#x27;s all uphill form there.<p>Saying the equivalent of &quot;Monero is better&quot; is little better than trolling. Let Monero stand on its own merits; being negative and hostile accomplishes nothing.<p>Saying the equivalent of &quot;Sigh! Another doomed altcoin&quot; is needlessly pessimistic. ZCash represents what <i>every other altcoin should have been doing all along</i>:<p><pre><code>  - It uses a real proof-of-work function.
  - It offers actual anonymity (an improvement over BitCoin).
  - It uses an entropy source that won&#x27;t fail open (like so many BitCoin apps did).
  - It was designed and implemented by a team of academic cryptographers
    and industry experts on secure cryptography implementations.
  - The team took their time bringing a solid implementation to market.
  - Every design decision was documented and discussed openly.
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If you have technical concerns about the protocol design or implementation, please don&#x27;t feel discouraged in sharing them. It&#x27;s the dismissive attitude that&#x27;s bothering me.