29 Jul '16, 5pm

Zcash Delays Untraceable Cryptocurrency for Additional Audits

Zcash Delays Untraceable Cryptocurrency for Additional Audits

The launch of the genesis block for a new cryptocurrency designed to make real the anonymity once thought to be offered by bitcoin has been delayed once again. Zooko Wilcox, early cypherpunk and founder of anonymous cryptocurrency startup Zcash, told CoinDesk yesterday that his startup will likely be pushing back the mining of its blockchain in order to give multiple third-party auditors the time to perform in-depth code analyses. In the aftermath of the the fallout surrounding the collapse of The DAO , a short-lived, much-hyped application on the ethereum blockchain, the value of such precautions are more apparent than ever. And Wilcox should know. His security firm, Least Authority, was commissioned to perform an audit of ethereum 's code. While it is widely agreed that the collapse of The DAO was not the result of a problem with ethereum itself, Wilcox wants to take fur...

Full article: http://www.coindesk.com/zcash-delays-genesis-block-crypto...

Tweets

@d4nmeatsix Service 28/29, from Elm Grove it wi...

buses.co.uk 06 Aug '16, 7am

a = Time at Vicarage Way. * = On Schooldays operates up to 5 minutes later. Services 28, 29, 29B are Limited stop between ...