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Re: [GNU/consensus] ZCash (lupa)


From: demos
Subject: Re: [GNU/consensus] ZCash (lupa)
Date: Tue, 30 Aug 2016 07:54:50 +0000

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> Today's Topics:
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>    1. ZCash (lupa)
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> ----------------------------------------------------------------------
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> Message: 1
> Date: Sun, 28 Aug 2016 12:40:05 -0400
> From: lupa <address@hidden>
> To: address@hidden
> Subject: [GNU/consensus] ZCash
> Message-ID: <address@hidden>
> Content-Type: text/plain; charset="windows-1252"
> 
> Hi all,
> 
> Do you know this project? https://z.cash/
> 
> What do you think about it ?
> 
> thanks!
> 
> 
Hi,
I've have two questions:

The pages says "hide the sender, recipient, and value of all
transactions on the blockchain"
How does zcash do it?
Does it use an anonymisation network like Tor?

If zcash was the only currency how could a country get its taxes to pay
for the streets, schools, universities, teachers, police, hospital, fire
fighters, ambulance, water supply (just think of Flint-
http://michaelmoore.com/10FactsOnFlint/ ) - public infrastructure?

I'd prefer to make it mandatory to give a certain percentage of the
received money to the public good.
Maybe with the choice or cut-up into pieces to give it to:
* one country of your choice (inter regional infrastructure)
* a public regional account (your nearby local infrastructure)
* your local community-commune/village/town
which are proven official accounts
Do you think the zcash-team is open to this ethical approach?
Since the website does not say anything about taxes, i've got the
terrible suspicion that it got built as a means of tax evasion/egoism. I
think here of the Panama papers. And the capitalist incentive to evade
regional legislation/regulations.
I personally think public accounts and its transactions should be
publicly visible. People of a democratic country deserve to know what is
done with their money in the most convenient way.
As well as a right of direct co-determination as it is technically
possible nowadays.

Code is law.
Dmos
-- 
https://projectedn.wordpress.com/
https://wiki.c3d2.de/EDN
Thank you for encrypting.

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