Founders of Zcash: Zcash must be transformed into Priest of Stakes.

2021-8-3 23:53
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[Zcash Founder: Zcash wanted to become proof of stake] Financial Advertiser Golden, CEO of Electric Power Company and Zooko Wilcox Founder Zooko Wilcox, in today's blog post, Zcash private room is a proof of performance (PoW) block. found that the chains had to be broken and moved to the test. Base (PoS). Wilcox believes that while more and more people like PoW, PoS will make Zcash more useful to more people. The advantages are greater and far greater than the disadvantages and risks. Wilcox has indicated whether these changes depend on the Zcash community, but has raised several controversies. First, it was argued that it would reduce the pressure on sales as miners would not have to sell new parts to pay for production costs (such as electricity and equipment). Second, if Zcash is more powerful, it will help Zcash gain visibility. He recognized that public opinion is more important than adoption. Third, Wilcox said the proof of the law provides better security and performance at a lower cost.

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2021-8-3 23:06