Monero has DEX support via multiple atomic swap platforms (using a protocol which I applied to Zcash years ago) and Monero will be integrated into my upcoming work, Serai, which uses over-collateralized multisigs. DEXs can integrate privacy coins if they put in the time and effort.
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Itās not good enough for it to be realistic on smartphones. It has to also be realistic on hardware.
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If Zcash users (current and prospective) had their way transparent transactions would have been banned long ago. This would be even more obvious if not for the heavy censorship on this forum that has driven away countless formerly active community members.
Unfortunately users donāt make the decisions. The trademark and protocol are controlled by the same people that receive/allocate ZEC from the dev fund each month.
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Sniped this awesome quote but I love everything you wrote! 
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Likely a rhetorical question from Zooko. He knows they canāt tell him more about that shielded address than whatās already on the block explorer.
Heās responding to the typical Monero privacy fallacy against Zcash: āThe % of private transactions = the privacy of any given transactionā which of course is incorrect.
As we know, Zcashers can use a pool and obtain good privacy for their transactions by being hidden among the other hundreds of thousands of inputs and outputs in the pool. The longer your funds sit in the pool the better. It doesnāt matter that others are using T addresses if you are using Z or U addresses, your individual privacy is as strong as that pool.
Thereby the % of transactions that are private is a not a metric for how strong a given private transaction actually is.
Now hereās a better question, when Zcash gets spam attacked by dust transactions does it have a negative impact on the privacy of transactions? No.
Does network spam affect Monero transaction privacy? yep.
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as long as our leaders and devs will get paid by corporations and USD the transparent pool will stay. i would love to see that we go z2z by default on the protocol level, but i donāt see us getting there.
Transparent Pool = Pool of Fear
The source can be any previous transaction output. Therefore, you get 100% privacy, but if your pool is one transaction, it is not very private.
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I think you misunderstood what I was saying above. The there is a difference between the number of private/public transactions taking place on the network (thatās what the tweet was referring to) and the size/privacy level of a private pool.
Does a bigger private pool offer better privacy than a small one? Yes. Due to the magic of zero-knowledge proofs once thereās hundreds, thousands, or hundreds of thousands of inputs and outputs in a pool (like there is currently in our pools) then itās literally impossible to correlate those transactions. As you mentioned, the computing power required to ābreakā the privacy of a pool with that many transactions is exponential.
All āattacksā against Zcash privacy up to this point have to do with how people interact with the private pools. The private pools themselves have never been broken.
Itās the āmetadataā of time/amount that an observer can try to make a good guess that itās the same person.
For example:
I withdraw 1.637537111 ZEC from a transparent exchange.
I send all it to my Shielded address.
Later I send out 1.637527111 ZEC from my Shielded pool to a T address.
In that situation someone can guess with high probability that they are the same person sending from the first T to the second, because itās a unique amount and T addresses are transparent.
But if I had just sent out different amounts to a T address than I had put in, then there would be no correlation between the two T addresses.
Donāt use shielded addresses as a āpass throughā use them to HODL and store ZEC. That way, later when you spend from the shielded address, the history of the coins is gone.
So to your point, yes I agree itās something that we need to do better educating people about and as things like AI start gathering data from blockchains itās even more imperative.
Donāt be fooled, itās not a simple misunderstanding on the Monero camps part. They have intentionally kept spreading this kind misinformation despite having been corrected on it by Zooko, Ian Miers, myself, and many others because itās in their best interests to do so. This friction between XMR and ZEC is nothing new.
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Yes itās as old as the world. When you have a clearly inferior product (like Monero), you have to resort to defamation against your main competitor. And since most people donāt feel the urge to do their own due diligence, they usually get caught up in the propaganda.
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I just want to chime in here as a recent new investor to ZEC.
I used to own Monero and stored it outside of an exchange. I found it uncomfortable and even moreso when I tried to access it it took me a few days to figure out how to recover it using a combination of the hardware wallet and the Monero desktop wallet. It was frankly a nightmare and as much as I want to support Monero I just canāt go through that user experience again where on multiple occasions I thought my funds were irrecoverable.
My point is, if zcash is really going to deprecate the t-addesses, please make sure you have proper hardware wallet support for z addresses. I can live with exchange delistings as long as I know I can hold and store and send my zcash. I donāt know how relatable this is here, itās probably only relatable to semi-simps like myself.
Thatās my only request if the community does choose to deprecate the t-addresses, but I have to say I think itās probably a bad idea in the big picture. Itās a wonderful technology zk-proofs and storing your funds in a shielded pool; that pool will grow over time as the demand for it increases. It increases by increasing the utility as zooko references later in the tweet thread discussion:
This is a major USP that you canāt have with deprecated t-addresses.
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Anoset size example
keep t-addresses, but make zcash private by default on the protocol level
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The problem is they are too few users using shielding address and as exchanges force you to go to the public, this means de-anonymization because of low use.
Usage of t-address does not compromise the privacy of the shielded pools. @ytrezq I think youāre confusing Monero-style privacy with Zcash.
A Zcasher using shielded transactions and transparent transactions on Zcash at the same time, is similar to Monero users using both Monero and Bitcoin at the same time (which many do in the Monero community, afaik).
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I donāt understand what youāre suggesting here. It seems like thereās some confusion about what it means to have a āt-addressā.
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i am not sure what you mean here, but overall it needs to be pointed out that zcash in generell is confusing to new users. all those different transaction/address types are a mess - compared to other privacy chains like monero.
nobody should have to learn about what wallet will not expose my transaction to anyone.
we are building solutions to a problem that could easily be solved by going z-z. mainly out of fear to not get the paycheck by the end of the month. (orgs, devs,ā¦)
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I have a question: would the unified address be a combination of a transparent address with a shielded address? If I didnāt misunderstand, I believe that one day the transparent address will be abandoned and we will only have the unified address.
A unified address can combine a transparent address and a shielded address, but it doesnāt need to (i.e. it can have only shielded addresses).
I think the goal is to only have unified addresses yes, but it seems unlikely that everyone will migrate to them.
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Itās up to us to build that migration path. We have a chance to do things much better with the deprecation and replacement of the zcashd wallet.
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Error. It the matter of insecting what goes in and out of the shielded pool in terms of amounts. Among a set of mouses, if an elephant goes in and then an elephant goes out then it s very likely it s the same elephant who entered.
Currently you have to de shield to sell you Zcash on exchanges.