My concerns about Zcash are: 1) Scalability. Can it break up

Question

My concerns about Zcash are: 1) Scalability. Can it break up

transactions between just the people trading like Bitcoin LN does, or will it get bogged down as more people use it like Monero and ETH?
2) Who is making the decision to switch it to PoS and if they can do that, what kind of power do they have over it?
3) If transaction fees are zero, how is mining getting paid for? And why would miners be incentivized to include resource-expensive transactions in blocks instead of just mining empty blocks?
4) If mining us funded by block rewards with new coins, then it just has perpetual inflation, and will lose out to deflationary money.
5) It's switching to PoS, which itself is a problem, and shows that the developers behind it don't understand the economic issues of PoS, or the security concerns with it

#blockchain #cryptocurrency #english #zec

0

22.03.2022

6 ответов

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Tim

Fred Hiel
Please share the paper, I would like to know how P...

It reduces inequality by reducing barrier for those who want use their zec to earn more zec. Surely 10% reward (for exemple) from 10 stacked zec is not the same as 10% from 10000 zec staked. But both can profit from 10%. Maybe it’s more about equity than equality, I don’t know the right word. But invest in asics it’s not a low entry barrier

0

22.03.2022

Bruce Wagner Автор вопроса

Tim
It reduces inequality by reducing barrier for thos...

I want to buy some asics to mine zcash. Which one should I buy?

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22.03.2022

Sunzec

Fred Hiel
Please share the paper, I would like to know how P...

Here is a tweet thread in regards to PoS https://twitter.com/bobanmil/status/1427994219529048066

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22.03.2022