Group 1 - Monero (XMR) has surpassed $650 and continues to rise as traders shift away from Zcash due to internal governance disputes, indicating a significant rotation within the privacy-coin market [1] - XMR reached approximately $670 in the last 24 hours and about $579 during the early Asian session on January 12, maintaining a long-term rising trend since 2020 [1][2] - The price of Monero has encountered strong resistance near $600, suggesting a cooling momentum after a rapid rally, but the overall trend remains positive as long as it stays above the rising support zone around $300 [2] Group 2 - Zcash (ZEC) is experiencing pressure from governance disputes and control over key ecosystem assets, leading analysts to label it as "the portfolio killer" [3] - ZEC has faced heavy resistance between $470 and $500, aligning with key Fibonacci levels, resulting in a pullback after a strong rally earlier this month [3][4] - The price of ZEC has broken below the lower edge of its rising channel, indicating that sellers are currently in control, and the market is likely to see a deeper retracement rather than a quick recovery [4] Group 3 - Attention has shifted to the $300–$320 zone for Zcash, which represents prior support and the base of a larger move; a bullish reaction at this level could signal a potential upward trend [5] - The conflict within Zcash governance arose during discussions about outside funding and the potential privatization of Zashi, a self-custodial wallet for private transactions, with the Electric Coin Company (ECC) stating that recent governance changes hindered its operations [6]

RT sacha (@ssaintleger)keep a shielded zec account on zashi that covers approx 1 month worth of expenses (slightly more to handle any short term depreciation)pay for everything from that by routing though neartop it up halfway into the month for the next monthreclaim your sovereignty(if we can get even 1% of the world to do this then tachyon style scaling is needed) ...

Privacy & Cryptocurrency Landscape - Potential for privacy coins legalization due to changing political administration [1] - Dissatisfaction with bundled supply controlled coins, favoring coins with open market access [1] - Debasement trade driving search for alternative stores of value (SoV) [1] Zcash & Technology Advancements - NEAR intents facilitate easy cross-chain payments using Zcash as a shielded vault [1] - Zashi offers improved user experience for Zcash wallet [1] - Project Tachyon aims to scale Zcash by 100x [2] - ZK tech improvements contribute to the viability of privacy solutions [1] External Factors - European Union's aggressive push against privacy through spending limits and surveillance [1] - Disillusionment with Bitcoin core and its institutionalization [2] - Zcash's issuance reduction [1]

btw, there's a reason why this is happening nowi) the prior admin would never have allowed privacy coins, with trump we actually have a chancepeople are in jail for writing privacy code yet we're pardoning scammers — we can use this time to actually legalize private moneyii) issuance reductioniii) NEAR intents make using Zcash as your shielded swiss vault super easy, can make cross-chain payments with a clickiv) Zashi shields your ZEC by default and is 100x better UX than any prior ZEC walletv) Project Tach ...

disappointing wake-up sign how many Bitcoin people have lost the plotpromoting off-chain databases instead of blockchainssome brief counters for the reader, even though the OP is clearly bad faithi) started talking sub $18, I can assure you I'm not underwater or need exit liquidity. if that were the case, I could launch a shitter on Solana for a fraction of the effort or would've sold by nowthis is not a trade, it's a voteii) if you use zashi — which everyone does — the privacy is not opt-in, it's the defau ...

RT juzy (@juzybits)why zcash?- Satoshi said Bitcoin would be much better with privacy- institutional and government capture of BTC- rising global surveillance- Bitcoin Core refusal to support privacy- OG bitcoiners revisiting the "what Bitcoin should have been" argument- ZEC's technical superiority over XMR- the Zashi/Intents UX unlock- shielded supply going parabolic- major early Bitcoin figures now supporting ZEC- ZEC being one of the few PvE assets this cycle ...

Product Launch - Zashi 下周发布，支持直接兑换为屏蔽的 ZEC [1]

Core Insights - Zcash (ZEC) has regained interest as a leading privacy coin amid increasing financial regulations, positioning itself as a "freedom currency" that offers true financial privacy through advanced cryptographic technology [1][2] - The recent surge in Zcash's popularity is largely attributed to a statement by Naval Ravikant, highlighting Zcash as a safeguard against Bitcoin [1] - The report aims to explore Zcash's technology, infrastructure, and the catalysts behind its resurgence, while noting the volatility of its token price [1] Zcash Overview - Zcash is a privacy-focused digital currency launched in October 2016, operating on a proof-of-work blockchain with a fixed supply cap of 21 million coins and a predictable halving schedule [1] - It features fair distribution with no pre-mining and is decentralized, not relying on intermediaries [1] Privacy Standards - Zcash employs zk-SNARKs, allowing transactions to be verified without revealing sender, receiver, or amount details, providing complete transaction encryption [2] - The creation of zk proofs ensures that sensitive data remains confidential while confirming transaction validity [2] Transaction Types - Zcash offers optional privacy, allowing users to choose between transparent and shielded transactions through a dual address system [4] - Shielded transactions keep all transaction details private, enhancing the fungibility of ZEC [4] Major Upgrades - Zcash has undergone three significant upgrades to enhance its cryptographic technology and efficiency: - Sprout (2016) demonstrated the feasibility of privacy on public blockchains but had high computational requirements [5] - Sapling (2018) improved performance, making private transactions feasible on everyday devices and introduced features like diversified addresses [6] - Orchard (2022) achieved trustless privacy and scalability, supporting batch transactions and future second-layer solutions [7][8] Upcoming Upgrades - The Crosslink upgrade aims to introduce a hybrid proof-of-stake layer to enhance network throughput and security [9] - The Tachyon project seeks to significantly improve the scalability of Zcash's privacy protocol [9] Comparison with Monero - Zcash positions itself as a currency with optional privacy, while Monero offers default privacy in every transaction [10] - Zcash's privacy can be selectively disclosed for auditing, whereas Monero's privacy is always on, leading to different user experiences and compliance implications [10][12] Market Dynamics - The introduction of Zashi, an official Zcash wallet, has significantly improved user experience and contributed to the growth of shielded transactions [12][13] - Zashi's features include a user-friendly interface and support for multiple funding pools, leading to a dramatic increase in the use of shielded transactions [15][17] - The integration of Crosspay allows for cross-chain transactions while maintaining privacy, further driving user adoption [19][23] Importance of Privacy - As governments increase monitoring measures, Zcash has emerged as a hedge for users concerned about privacy erosion, appealing to both ideological and practical investors [24][25] - The upcoming halving event in November 2024 will reduce the issuance of new coins, potentially tightening supply and increasing demand [26][28]

RT Josh Swihart 🛡 (@jswihart)Step one: download ZashiStep two: swap a bit of your unshielded assets to ZECThe rest takes care of itself🐰🕳️ ...

RT ZachXBT (@zachxbt)1/ As part of my work I like to test out privacy products and figure out what works and what doesn’t so I can abuse any design flaws for my investigations.With the recent hype around Zashi & its Near Intents integration I tested it for Zcash. ...