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just saw the zcash documentary 'starring' zooko and i think zec is honestly going to at least 50-100B, violently when i entered crypto for the first time in 2017, zcash was the first coin i ever studied, even before bitcoin itself ofc i could only understand half of the whitepaper bc i don't have a PhD in cryptography, but i still was studying for an informatic engineering degree, so i could grasp the potential of the project and in fact, a month after i bought into that tech (and bought the coin on kraken), jp morgan announced they would use zcash's underlying tech, ZK-SNARKs, in their blockchain pilots or whatever zec was the first coin with which i made money by simply holding and selling, not trading a few days later, i bought a new computer and transformed it into a mining rig to mine zec i was not doing it for the money, but for the tech i wanted to help make a future with private, decentralized money possible i mined a lot of zec, but i eventually had to sell all of them bc i was broke at that time, trying to also make a business out of a startup that built a small mining farm and organized education events for cryptocurrency enthusiasts and curious life was though back then, and the bear market erased all my capacity to support zcash but zec was always there, in the back of my mind i was deeply convinced that zcash would be what bitcoin had to be, but for some reason couldn't bitcoin was and is plagued by heavy anarchy that makes so hard to do any change ever - i wasn't there for the zerocoin debate, but i witnessed the months-long debate for segwit and the block size war that ended up with the bch and bsc forks it's true that bitcoin is decentralized money, but it's also no-one's money incentives are not properly aligned if people that made 10000x are still influencing the future of the project - they're no hungry for progress anymore, they just want to maintain the status quo and newcomers, instead, want everything and fast, and that's bad as well bc ofc why should it be good zcash, on the other hand, has a system to align incentives bc a portion of tx fees fund continuous development that will inevitably change over time and always be replaced by people hungry for the best outcome possible, always this bull market is not over, it's not as we expected: money is rotating all into zec, bc recent developments and integrations weren't and still aren't fully priced in, and the gap is now closing but also, the more zec in shielded, the more privacy is solidified, and zec's value increased: so we can say there's a correlation between zec in the shielded pool and zec's price right now 30% of zec supply is shielded, so maybe zec should be 30% of btc? may be far fetched, but maybe not? this would put zec's fair value at 33k and zec's fair market cap at 539B it that'd be the case, it would mean zec's trading at a 98.8% discount nfa dyor

zec is what bitcoin should’ve been

I'm giving away 0.1 $ZEC to 5 random people to spread awareness around zcash post your shielded address here, follow, rt and like to be more visible

other strong reasons why zec is going to 1000$ violently now and it’s 99% discounted bc its fair price is 33k: 1) zec sell pressure is relatively low bc you can literally count it: 20% of the tx fees, that are in the low 10k txs every 24h, go to the development fund, and all the companies working on zcash at least SEEM to have fairly low operating expenses 2) there’s no way to see what people are doing with their zec in the shielded pool, which is one of the biggest pools of supply, so you can’t literally be afraid of what people are doing, just mind your own business 3) zec value has been repriced completely bc of a CHANGE IN FUNDAMENTALS bc ZK is now extremely cheap and fast (remember that vitalik funded zooko’s new zcash venture) 4) zec is available to buy from virtually any chain, and that was not possible before september, so access to the coin has been 10x’d 5) zec is riding the wave of privacy precisely now bc the eu and many other countries all over the world are zeroing in on activity control for users, undermining the first principle of the internet itself: freedom to communicate zec is exploding bc the entire world is now repricing the whole market to protest a 1984 utopia

i've been deeply thinking about SOL vs. AVAX like, the coins have roughly the same market cap / fdv ratio (AVAX is even better at 0.93 vs. SOL's 0.9) AVAX has a max supply of 720M while SOL has infinite supply (!) so how is SOL traded 10x more than AVAX? something is missing, and that's what i want to find out, hopefully this week i've been crafting multiple scenarios and analyzing different metrics but i guess it must have something to do with validators on SOL having a higher incentive in staking, hence buying more and more SOL lock stake it ofc throughput on the chain is something that needs to be included, but L1 validator fees on Avalanche will grow exponentially in the next 2-3 years - almost 13K AVAX per year are burned on this alone RIGHT NOW

i just realized that many of the best cryptographers in the world have worked or are working on zcash zcash it truly what bitcoin should've been

zec is on a pretty clear pattern here, and it seems very different from the past - every time is starts to go higher, it goes up by 1.5-2x - when it reaches the top, it aims for the top one more time before breaking it - the next low is the top of the run before it's been doing this twice now, from 75$ to 170$, then up to around 295$, then down again to 170-180$, then up again to the same 295$ the local bottom of last week was the 298$ on oct 30, and now it's going up to 500, probably stopping at around 520$ now, then going back down to retest the trendline at 380-400$, then up again (one more time i think) to 1,000$ the pico top should be around 1,200$ in mid december mark my words

zashi only has 20k users twenty out of millions of crypto users and billions of humans so early

i can be the mert of avalanche but you need to follow me bc i only got 3.6k followers lol need at least 10k to even make my tweets go around a bit

better late than never, after 5 years lol

everything will be aligned on avax avax9000 was a test in coordination for integration imagine being incentivized to stake your avax to get rewards, but you get your lst and you are then incentivized to put it into liquidity pools that get so big that are able to absorb the biggest price impacts then imagine avax inflation goes down so much and burn goes high so much that there’s only reasons to buy and not to sell avax everyone in every ecosystem that crosses avalanche incentivized to buy avax for some reason imagine continuous avax distribution that fuels a slew of new apps that don’t care about chain selection multichain also means anychain imagine avax being the token around which everything works hard to execute, but don’t see why it’s not doable it’s economy engineering and integration engineering it can be done!

true no need to bias with a specific chain or narrative but there needs to be a narrative for everything avalanche is the world's interconnected computer

on avalanche, there's still A LOT of coins to be minted avalanche already has a lot of adoption, but just not on the c-chain, and it's not the end goal i believe the goal is for many chains to use avalanche tech on their L1, and hope that the pressure of 1.33 avax / month / validator will be enough in a world with thousands of chains each having multiple unique validators but there's not a strong correlation between adoption of avalanche tech and price of avax price needs to go up, how? we're discussing this and much more in the new AVAX economics working group dm me if interested in brainstorming - we don't want non-interactive participants for now, this is a high signal discussion on the future of the avax token for the community

I'm giving away 0.1 $ZEC to 5 random people to spread awareness around zcash post your shielded address here, follow, rt and like to be more visible

i've been deeply thinking about SOL vs. AVAX like, the coins have roughly the same market cap / fdv ratio (AVAX is even better at 0.93 vs. SOL's 0.9) AVAX has a max supply of 720M while SOL has infinite supply (!) so how is SOL traded 10x more than AVAX? something is missing, and that's what i want to find out, hopefully this week i've been crafting multiple scenarios and analyzing different metrics but i guess it must have something to do with validators on SOL having a higher incentive in staking, hence buying more and more SOL lock stake it ofc throughput on the chain is something that needs to be included, but L1 validator fees on Avalanche will grow exponentially in the next 2-3 years - almost 13K AVAX per year are burned on this alone RIGHT NOW

zec is what bitcoin should’ve been

just saw the zcash documentary 'starring' zooko and i think zec is honestly going to at least 50-100B, violently when i entered crypto for the first time in 2017, zcash was the first coin i ever studied, even before bitcoin itself ofc i could only understand half of the whitepaper bc i don't have a PhD in cryptography, but i still was studying for an informatic engineering degree, so i could grasp the potential of the project and in fact, a month after i bought into that tech (and bought the coin on kraken), jp morgan announced they would use zcash's underlying tech, ZK-SNARKs, in their blockchain pilots or whatever zec was the first coin with which i made money by simply holding and selling, not trading a few days later, i bought a new computer and transformed it into a mining rig to mine zec i was not doing it for the money, but for the tech i wanted to help make a future with private, decentralized money possible i mined a lot of zec, but i eventually had to sell all of them bc i was broke at that time, trying to also make a business out of a startup that built a small mining farm and organized education events for cryptocurrency enthusiasts and curious life was though back then, and the bear market erased all my capacity to support zcash but zec was always there, in the back of my mind i was deeply convinced that zcash would be what bitcoin had to be, but for some reason couldn't bitcoin was and is plagued by heavy anarchy that makes so hard to do any change ever - i wasn't there for the zerocoin debate, but i witnessed the months-long debate for segwit and the block size war that ended up with the bch and bsc forks it's true that bitcoin is decentralized money, but it's also no-one's money incentives are not properly aligned if people that made 10000x are still influencing the future of the project - they're no hungry for progress anymore, they just want to maintain the status quo and newcomers, instead, want everything and fast, and that's bad as well bc ofc why should it be good zcash, on the other hand, has a system to align incentives bc a portion of tx fees fund continuous development that will inevitably change over time and always be replaced by people hungry for the best outcome possible, always this bull market is not over, it's not as we expected: money is rotating all into zec, bc recent developments and integrations weren't and still aren't fully priced in, and the gap is now closing but also, the more zec in shielded, the more privacy is solidified, and zec's value increased: so we can say there's a correlation between zec in the shielded pool and zec's price right now 30% of zec supply is shielded, so maybe zec should be 30% of btc? may be far fetched, but maybe not? this would put zec's fair value at 33k and zec's fair market cap at 539B it that'd be the case, it would mean zec's trading at a 98.8% discount nfa dyor

i can be the mert of avalanche but you need to follow me bc i only got 3.6k followers lol need at least 10k to even make my tweets go around a bit

better late than never, after 5 years lol

i just realized that many of the best cryptographers in the world have worked or are working on zcash zcash it truly what bitcoin should've been

zashi only has 20k users twenty out of millions of crypto users and billions of humans so early

zec is on a pretty clear pattern here, and it seems very different from the past - every time is starts to go higher, it goes up by 1.5-2x - when it reaches the top, it aims for the top one more time before breaking it - the next low is the top of the run before it's been doing this twice now, from 75$ to 170$, then up to around 295$, then down again to 170-180$, then up again to the same 295$ the local bottom of last week was the 298$ on oct 30, and now it's going up to 500, probably stopping at around 520$ now, then going back down to retest the trendline at 380-400$, then up again (one more time i think) to 1,000$ the pico top should be around 1,200$ in mid december mark my words

on avalanche, there's still A LOT of coins to be minted avalanche already has a lot of adoption, but just not on the c-chain, and it's not the end goal i believe the goal is for many chains to use avalanche tech on their L1, and hope that the pressure of 1.33 avax / month / validator will be enough in a world with thousands of chains each having multiple unique validators but there's not a strong correlation between adoption of avalanche tech and price of avax price needs to go up, how? we're discussing this and much more in the new AVAX economics working group dm me if interested in brainstorming - we don't want non-interactive participants for now, this is a high signal discussion on the future of the avax token for the community

took some time off social today to focus on actual work on the avax economics leading this group made me get a collection of inbound feedback all kinds of players on avalanche it’s clear to me that there has been a big momentum accumulating to work on some adjustments to the avax economics as i understand, the past year has seen different entities working on specific modules of the avalanche consensus and execution environments to prop up revenue and increase validator count i took so many notes in the past two days that i still need to process, but i’m so excited that this is all coming together really, avax is a 20$ coin for just so long

other strong reasons why zec is going to 1000$ violently now and it’s 99% discounted bc its fair price is 33k: 1) zec sell pressure is relatively low bc you can literally count it: 20% of the tx fees, that are in the low 10k txs every 24h, go to the development fund, and all the companies working on zcash at least SEEM to have fairly low operating expenses 2) there’s no way to see what people are doing with their zec in the shielded pool, which is one of the biggest pools of supply, so you can’t literally be afraid of what people are doing, just mind your own business 3) zec value has been repriced completely bc of a CHANGE IN FUNDAMENTALS bc ZK is now extremely cheap and fast (remember that vitalik funded zooko’s new zcash venture) 4) zec is available to buy from virtually any chain, and that was not possible before september, so access to the coin has been 10x’d 5) zec is riding the wave of privacy precisely now bc the eu and many other countries all over the world are zeroing in on activity control for users, undermining the first principle of the internet itself: freedom to communicate zec is exploding bc the entire world is now repricing the whole market to protest a 1984 utopia