Zcash, an untraceable Bitcoin alternative, launches in alpha
I love the idea, but...> Zcash is launching as a for-profit company.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?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.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.