Zapa Labs Solves PoS transition for Zcash?

LaymanFrankz · May 6, 2022, 10:51am

Hi Zodlers,

So I was lucky to read on twitter that someone created, to the best of my knowledge, PoS version of Zcash… is this true? I know that @zooko has reached out to him through twitter.

Repo: GitHub - zapalabs/zapa

tokidoki · May 6, 2022, 11:24am

To answer your question, I don’t think so.

The project developer also announced the project on Discord. It’s a Zcash fork on Avalanche, currently still in development. I’m not sure how does it work as I’m not familiar with the Avalanche ecosystem. Hopefully something cool turns out from it.

aiyadt · May 6, 2022, 6:15pm

It’s great to see someone experiment with Zcash node & tech running as a subnet under Avalanche. ZAPA validators also need to become an Avalanche validator on main-net which requires locking in 2000 AVAX ~$120,000.

github.com

zapalabs/zapa/blob/master/tokenomics.md

# ZAPA Tokenomics

ZAPA is the native coin of the Zapa subnet. All transactions strictly involve the sending and receiving of ZAPA. 
It's possible other chains will exist in the future for transacting other assets privately, but as of this writing,
ZAPA is the only coin which gets transacted on the ZAPA subnet

## Overview

Zapa is an Avalanche subnet, and as a consequence, Zapa maintains independent state from the Avalanche primary network chains while sharing common validators with 
the primary network chains. See [Subnet FAQ](https://support.avax.network/en/articles/6158840-subnet-faq) for more information on Avalanche subnets.

![Validator](./validator.png)

Above is a view into how a Zapa validator fits into the overall network. Each Zapa validator must also validate the Avalanche primary network. As a reward
for also validating the Zapa chains, Zapa validators earn ZAPA detailed below.

## Validator Rewards

Validator rewards are divided into two components, transaction fees and a block reward for producing a block. Each ZAPA transaction has a flat fee of 0.00001 ZAPA. Currently, each
block producer receives a reward of 10 ZAPA. Currently, supply is capped at 21 million ZAPA with a descending block reward structure.

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I’m excited about this experiment and look forward to how much value can be locked inside a private shielded network running under a public network & avalanche consensus mechanism. ZAPA is a huge improvement over pass-through privacy tech like Sherpa Cash. https://sherpa.cash/

Zcash on the other hand is moving ahead to trustless pools & building Shielded Assets, and ZEC integrations with the crypto ecosystem continue to grow every day.

Shawn · May 6, 2022, 9:17pm

Interesting stuff