Correct me if I am wrong, but to generate a Zcash coin you need to send a bitcoin to a escrow account, and to redeem it they will send a bitcoin from the escrow account to where ever you want?<p>I would be much more comfortable with generation being tied to destroying bitcoins or simply running yet another blockchain and letting the market deal with exchanges from BTC to Z.<p>Looks like they made some very cool progress though.