Zcash, an untraceable Bitcoin alternative, launches in alpha
I love the idea, but...<p>> Zcash is launching as a for-profit company.<p>That's their downfall right there. With someone visible to track they've given up the game before they started. Real people running real companies are really vulnerable. The real test of a security system is its weakest link. And that link is almost always a person. Right?<p>IMHO the subtle political reason Bitcoin has gotten as far as it has is because it's creator has remained anonymous, and not tried to visibly profit from it.<p>Why do I think that? Because governments are very territorial about their money. Banks too. The regulations for banks are pretty tough, as you may know, Know-Your-Customer edicts and such.