Announcing Ycash, The First "Friendly Fork" of the Zcash Blockchain

All: One or two forum members have recently posted negative comments about the Ycash team to this thread. I just wanted to let everyone know that Ycash development is proceeding as planned, roughly following our published software development roadmap.

We are very excited about our highest priority projects:

  1. Porting the very important light client work from the ZecWallet team to Ycash.
  2. Implementing a new light client server based on Intel’s SGX secure enclave technology. (This project is inspired by–and based in part on–the ZLiTE paper).
  3. Bringing shielded Ycash transactions to mobile devices (both Android and iOS).

The current market price of YEC does not affect these important projects. All work is being funded outside of the Ycash Development Fund (YDF), so no YDF coins have been spent to date.

Also, note again that the Ycash Foundation is a nonprofit, and all the software development work funded by the Ycash Foundation is publicly available on Github pursuant to open source licenses. Other coin projects–including Zcash–are welcome to use that work under those licenses.

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