Many reasons...
Almost no one uses Zcash let alone shielded (doesn't exist on the darkweb either)
Zcash isnt "battle-tested" (outcome of point above)
Zcash is transitioning into Proof-of-Stake
Zcash is not technically fully open source
Vulnerable centralized corporation (Electric Coin Company)
20% dev tax on mining (Founders Reward)
Computationally expensive (Slow performance for shielded txs)
Not fungible (Same problem as Bitcoin, distinction between shielded vs unshielded)
Fixed supply (Same potential future security problem as Bitcoin)
IP addresses isn't hidden by default from other nodes on the network (No Dandelion)
Zcash community in general and in my experience is way more receptive to being compliant and changing things for regulators
That being said, their researchers have contributed a lot to privacy tech, and I'm not opposed to using z-2-z if you can find anyone who accepts it or pays with it. But goodluck with that. Let me know if you find anyone because I can't.
Biased take below, I know, but still much of it is true:
https://moneroinfodump.neocities.org/#ZcashBlackpill
SaberhagenTheNameless / Saberhagen The Nameless
npub14a6…z6rn
2024-06-29 10:46:46
in reply to nevent1q…gkj9
Author Public Key
npub14a6q6xvt4wuv0wpdpfr336e4fweldtu6np3ehpw55h83xuw2h2zsgyz6rnPublished at
2024-06-29 10:46:46Event JSON
{
"id": "2e6105011e951f1a66c87be3fab44163f596f7a5a6c7c5e3758f40a858deb55a",
"pubkey": "af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85",
"created_at": 1719650806,
"kind": 1,
"tags": [
[
"t",
"zcashblackpill"
],
[
"e",
"2bce4e97328cc5e9251b9907c9c117fd43c91374034e21e5874ed4157b0743a8",
"wss://nos.lol/",
"root"
],
[
"e",
"c2b0b52c7b1e72b21c66df7e3ab24ee1e59ff48a8799b161bd5f4670db9e4d8a",
"wss://nos.lol/",
"reply"
],
[
"p",
"d30ea98ea65e953f91ab93f6b30ea51eb33c506f87d49f600a139aef00aa9511",
"",
"mention"
],
[
"p",
"b133bfc57bed61c391d4e8f953b906c7f1709c438d91c75fb6daf79449d5789d",
"",
"mention"
]
],
"content": "Many reasons...\n\nAlmost no one uses Zcash let alone shielded (doesn't exist on the darkweb either)\nZcash isnt \"battle-tested\" (outcome of point above)\nZcash is transitioning into Proof-of-Stake\nZcash is not technically fully open source\nVulnerable centralized corporation (Electric Coin Company)\n20% dev tax on mining (Founders Reward)\nComputationally expensive (Slow performance for shielded txs)\nNot fungible (Same problem as Bitcoin, distinction between shielded vs unshielded)\nFixed supply (Same potential future security problem as Bitcoin)\nIP addresses isn't hidden by default from other nodes on the network (No Dandelion)\nZcash community in general and in my experience is way more receptive to being compliant and changing things for regulators\n\nThat being said, their researchers have contributed a lot to privacy tech, and I'm not opposed to using z-2-z if you can find anyone who accepts it or pays with it. But goodluck with that. Let me know if you find anyone because I can't.\n\nBiased take below, I know, but still much of it is true: \nhttps://moneroinfodump.neocities.org/#ZcashBlackpill",
"sig": "3ff0e0b62c8617a25da3e7798fe5b1bbd28677ebaf523db99dfb646b8e527a6b13ea851f85ac5cb779e80149e39188a34b93073f7a28c4dbd9be5e55b943b60b"
}