"Yes, chef!" - ECC Weekly Update for April 19

Which results in fragmentation, illiquidity, security, and overall mission?

No, what I mean is that the market has clearly ā€œvotedā€ for Zcash instead of Ycash. Now, maybe there are extenuating circumstances there, but the result is clear: Zcash has the liquidity and security, and the fragmentation does not meaningfully impact the success of the project.

Yes, however, I can’t think of a fork that has ever been successful on any chain (ETH doesn’t really count, IMO).

It would be interesting for ECC to market Zcash as a product. Create a project based on Zcash and earn money from it.

make Zcash as a prototype, an experiment, on top of everything you implement in Zcash, features and such, make the product available for sale and charge a royalty for use.

Regarding the privacy of Zcash and the applicability of the blockchain, what could be done to improve the real world, bringing greater security to processes?

Zcash would continue to be a cryptocurrency, but ECC would have a business product to finance Zcash and its evolution, the more Zcash evolves, the more the business product will be robust and full of features.

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This is what @joshs is attempting to do by introduction of the wallet. That essentially becomes the destination of the product(s). If you search around you will find the proposal.

Unless you mean something like Signal or ZECPages?

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People are chomping at the bit to switch from signal to bloat a blockchain with messages that take some time to round-trip and cost ā€œmoneyā€. Zecpages and other social media ideas will be making tons of money with ZEC memos with just a few tweaks, I’m sure. And at 250,000 transactions a day throughput, everyone in the world could make a single post or message every 32,000 days so that sounds like a good architecture /s

But, seriously.

Maybe if there was some social media site or app that people could fund with ZEC to do scalable, offchain ACID things like livestreaming and e2ee messaging and post content anonymously … we could build up something like that maybe. Fund balances with ZEC but not try to do every action in ZEC memos … eh, it would never work. Why? Rule of thumb: imaginary things can always be cooler than real things. Something that is actually buildable wouldn’t meet the high bar of far-fetched flights of fancy; so, anything buildable would be rejected. Best thing to do in this industry is to hype up vaporware, not release something real that will fall short of people’s imaginations.

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Came back to this, and think you might be on to something. :student: