I’ve been this morning watching a live video with Linda about Zcash and tried to ask her one question at the end of the live stream but the chat feature from Youtube was really problematic!
The question is, to Linda or any other person:
Since in the video you spoke about ZCash reaching everybody, what’s the plan for ZCash to reach billions of people offering cheap transactions and simple to use wallets?
During the video Linda spoke about the light wallets and I wonder if there is any technique to implement SPV wallets for Z transactions without wiving away your privacy, that is, sending and receiving Z transactions without running a node.
As a user, no matter how geeky I am, I really don’t want to run a node. If ZCash can scale the way Bitcoin Cash will, leaving all the heavy load to the miners, it’ll be by far my favourite coin. SPV wallets is a must have if ZCash were to scale by increasing the block size as eventually running full nodes will require a relatively high effort (not that it’s easy now for an average person).
For any person interested, this two videos from the Bitcoin Unlimited developers are great:
- SPV wallets:https://www.youtube.com/watch?v=MvM055u4bm4&t=1329s
- 1GB block size in home based machines https://www.youtube.com/watch?v=5SJm2ep3X_M