Alphabay (Large drug hosting website)

GoogleCat
GoogleCat

Alphabay (Large drug hosting website)

Just added Zcash, what did they mean by this?

Is Zcash the new bitcoin?

All urls found in this thread:

reddit.com/r/DarkNetMarkets/comments/6d7q81/alphabay_will_accept_zcash_starting_july_1st_2017/
twitter.com/zooko/status/863202798883577856

King_Martha
King_Martha

I'm amazed this darknet is still around and didn't exit scam by now

Fried_Sushi
Fried_Sushi

Without the darknet, you wouldn't be here. The Darknet is still the major driving force behind Bitcoin.

LuckyDusty
LuckyDusty

zcash's zero knowledge proofs will lead to its replacing of bitcoin

Dreamworx
Dreamworx

Read up on monero XMR coin.

Soft_member
Soft_member

The dark net is what bitcoin is mainly used for. It's not going away anytime soon.

Bidwell
Bidwell

is there a way I can view whats on the darknet with out actually having to use tails and get onto it?

I'm just curious what everything is going for these days

PurpleCharger
PurpleCharger

Just download tor it's not illegal to look at it.

Gigastrength
Gigastrength

I read that downloading or using tor puts you on a list as an extremist

TurtleCat
TurtleCat

Everything that doesn't follow the "Rules to be a Good, Unquestioning Sheep" puts you on a list.
You're on Veeky Forums, you're already on a list.

JunkTop
JunkTop

fair enough

Boy_vs_Girl
Boy_vs_Girl

You mean the new elite list?

MPmaster
MPmaster

Reading Linux journals will get you put on a list.

And alphabay are the lowest risk to exit scam. They're operated by Russian carders, their government don't give a shit what they do as long as they're not targeting their own citizens.

Ignoramus
Ignoramus

download it at a public library

Methshot
Methshot

I seriously don't understand why zcash doesn't get more attention here, now is the time to mine and buy up zcash, it's gonna explode in three years once slow start share holders portion is done

Harmless_Venom
Harmless_Venom

It's finally building up now

iluvmen
iluvmen

damn right, I expect a lot out of it. It's biggest criticisms are the founders fees, but after 3 years that'll be gone and nothing matches anonymity (which is what these coins serve as at the end of the day, it will be there only value over USD and big banks in the long run)

plus it's got a normie friendly catchy name

TreeEater
TreeEater

are you mining or holding? both?

I just started mining today. I've been waiting for a worthwhile coin to lure me into jumping down the cryptocurrency hole, so just gonna see how it goes I guess

Carnalpleasure
Carnalpleasure

tfw zero presence on the darknet

am I gonna make it, gang?

TalkBomber
TalkBomber

Can anyone give me a quick rundown on zcash?

TalkBomber
TalkBomber

Pros:
Driven by a team of serious developers and cryptographic experts. Uses zero knowledge proofs for complete and untracable anonymity, unlike bitcoin which can in fact be traced back. This can't be easily implemented in bitcoin either.

cons:
people flip shit over the founder fees. For the first two years, founders get 20% of mined coins, for the next 2 they get 10% of mined coins, then nothing. Which is understandalbe, but if this coins gonna be around awhile, it could use some solid developer incentive in it's infant stages. Then after that it's fair game, and that's when I think it's really gonna shine.

Supposedly they also had a pump and dump esque early start, so it got a lot of shit for that in conjunction with founders fee as being a ponzi

AwesomeTucker
AwesomeTucker

Additionally, Bitcoin is loosing ground all the time. It's only still around because of it's initial ancestral status and fame, but it's being simply out-teched. Zcash imo has potential for rock solid and practical footing in the market.

/end shill

viagrandad
viagrandad

not on Livecoin
not on C-cex
Where's it at?

Skullbone
Skullbone

I know i could google but is it deflationary? What exchanges is it on?

SniperWish
SniperWish

every popular exchange. Bitfinex, poloniex, bittrex. Not your shitty livecoin and ccex with zero volume

CodeBuns
CodeBuns

What are you talking about? There have been tons of exit scams on the darknet.

It just happens that drugs are so cheap on there that people will take the risk. Plus more security has been added on different marketplaces.

Ignoramus
Ignoramus

I could also use google, but "deflationary"? It uses the same method of coin production and market cap as bitcoin, so perhaps that will answer your question.

MPmaster
MPmaster

On ab do you deposit coins on the site to use? Cos if so there are sites that don't do that. And I know a safer site than ab.

cum2soon
cum2soon

I didn't mean the whole darknet I just meant Alpha Bay.

Evilember
Evilember

They make enough off transactions so they don't have to. Plus they aren't from a western country like the other guy said, so they aren't trying to make a bunch of money really quick and get out before their government cracks down on them.

RavySnake
RavySnake

reddit.com/r/DarkNetMarkets/comments/6d7q81/alphabay_will_accept_zcash_starting_july_1st_2017/
heres the news it was announced on the 22nd

Harmless_Venom
Harmless_Venom

Read the comments btw. This is pretty interesting: twitter.com/zooko/status/863202798883577856

w8t4u
w8t4u

This coin confuses the fuck out of me. First it gets a partnership with Goldman Sachs then it gets added to alphabay, these two things don't seem particularly compatible.

hairygrape
hairygrape

so maxes out at 21 million coins?

Poker_Star
Poker_Star

It is odd, but I don't think Goldman Sachs cares much as long as they make a profit. Goldman Sachs was one of Obama's major campaign contributors, but they also gave Romney a ton of money as well.

Flameblow
Flameblow

beyond anonymity is it a safe store of value like bitcoin? Sounds a lot better than monero, which I am heavily invested in currently but willing to sell. Have any links? or a slack invite?

RavySnake
RavySnake

see "And by the way, I think we can successfully make Zcash too traceable for criminals like WannaCry, but still completely private & fungible. …"
t. jewish zcash dev

MPmaster
MPmaster

How does it compare to Monero though ?

Skullbone
Skullbone

I think so but don't listen to me man I'm a retard, but apparently we're both too lazy to google and hunt around lol

This speaks volumes to it's potential for success though

any links for what? More info? And what precisely do you mean a safe store of value like bitcoin? I think it's better than monero, yeah. But I mean what isn't volatile?

didn't monero dev do a shitty pump and dump to his own coin? Zcash has real devs, not retards.

AwesomeTucker
AwesomeTucker

Also, zcash is pushing zcash + eth, which I think is great for both parties and the whole crypto health as a whole.

WebTool
WebTool

that's not a jew dev that's the CEO. Makes you think whether the coin has a backdoor or not.

Bidwell
Bidwell

Why is this any better than Dash?
Its run by a legit for-profit company, thus its susceptible to regulations. Also one of the devs has stated that its possible to compromise the system to track individual interests. These things don't seem like a good foundation for something that will be used primarily for shady shit. It also seems like (((they))) want it to succeed, considering the external funding. Perhaps its a honeypot for criminals.

Nojokur
Nojokur

Perhaps its a honeypot for criminals
i agree. nice pup.

viagrandad
viagrandad

gets big jews on board
says he can make zcash traceable for criminals
gets picked up by alphabay
seems like a good way to demonstrate how he can work with law enforcement to catch criminals while showing the jews how amazing his coin is.

happy_sad
happy_sad

Did you know that alphabay was shilled on evolution before they exit scammed? They were the only ones allowed to do so for one month then took in all the refuges after evo jewed everyone.

PackManBrainlure
PackManBrainlure

ets a partnership with Goldman Sachs then it gets added to alphabay, these two things don't seem particularly compatible.

Its JP Morgan and no they are not using the zcash chain they will use the tech to secure their own blckchain.

RavySnake
RavySnake

It doesnt have a dev whose twitter handle is fluffy pony. I am not sure thats a negative in this shithole though. Seriously you retards just look at Zokoo Wilcox wiki page and see who and what he worked on.

Stark_Naked
Stark_Naked

this

Evil_kitten
Evil_kitten

Ive been mining since the start if you have any questions ask senpai...

Emberburn
Emberburn

Zclassic will surge on the back of zcash. like ETC due to ETH

TurtleCat
TurtleCat

Built on top of bitcoin code.
21 000 000 total supply

2.5 minute block times block reward 12.5 ZEC
by comparison
BTC 10 min block time 50 BTC minted (at the start)

Added to both poloniex and bitfinex from launch name me one other coin that did that.

All other anonymous coins use obfuscasion to hide transaction ZCASH use zero knowledge proofs meaning that the ledger is encrypted.

Strongest development team in crypto today.

Will have halvings like bitcoin every 4 years.

Faster than bitcoin.

ASIC resistant only GPUs can mine. No chinese mining cartel like in bitcoin. Truly decentralized mining.

CPUs can mine but cant compete to GPUs -> No CPU botnets (wink wink monero)

TL DR Its basicaly a faster more private bitcoin without the mining cartel to impede development.

StonedTime
StonedTime

just on poloniex and bitfinex you know the 2 largest exchanges?

ZeroReborn
ZeroReborn

There are people in this thread right now who are so fucking new, they font even know about the monero exit scam that alphabay pulled off.

I'm legitimately surprised anyone would dare breathe that name here again

haveahappyday
haveahappyday

Oh forgot to mention market cap is a little over 300 mil so plenty of room to grow. Ive been mining and accumulating since the very start and Im not selling until mcap surpasses on bilion.

w8t4u
w8t4u

alphabay = evolution exit scammers

Nude_Bikergirl
Nude_Bikergirl

wait what happened? I remember when they added monero it went up from like 80 cents to 8 dollars

iluvmen
iluvmen

yeah missed the boat back then

Sharpcharm
Sharpcharm

redpill us

whereismyname
whereismyname

ZEC pumps 100% before announcement
CEO openly talks about adding backdoors
(((trusted setup)))
not knowing ZEC is a honeypot
Have fun giving your trading history to The Zerocoin Electric Coin Company.

TurtleCat
TurtleCat

When dark net markets added Monero, there was a pump and dump since Polo traders are subhuman retards that always buy into hype. A DASH fanboy at CoinTelegraph got buttblasted and wrote an article about it, complete with Reddit "sources".

Need_TLC
Need_TLC

This coin will blow up after the first of july. Surprises me that there hasn't been on a run on this. This coin will actually get used (idc that its being used by shady cunts),

People hyped the fuck out of ZEC after Forbes posted that article about them lol and they now think this coin is overvalued so they are not buying, but this thing will only go up from now.

MPmaster
MPmaster

Why though? I'm 18 and know plenty of people that buy drugs over the dark net and they all use bitcoin for it. It doesn't make sense. Monero is practically designed with this purpose in mind and yet these dumbasses continue to use Bitcoin which isn't 100% anonymous and private.

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