Rodney (@cryptojourneyrs) “Holy hell zcash:native is getting annihilated. I look for 3 things when an asset” — TopicDigg
Holy hell zcash:native is getting annihilated.
I look for 3 things when an asset is dipping..
1. Is that market red? ✅
2. Is there bad press? ✅
3. Is there an issue with the core mechanic of the project? ✅
Unfortunately Zcash has all three going against it.
Lower :/
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Zcash has unparalleled cryptographers, security engineers, and security researchers. And the community is heavily focused on continuous improvement and hardening the network. That's why it engages world class security researchers to look for bugs. And that's why the recent potential exploit was found. It wasn't by accident and it's a vote of confidence, not a cause for alarm. When it comes to any L1, there will be bugs. What's important is that there are world class researchers focused on hardening the network and staying ahead of the bad guys. This has always been and always will be the dynamic of building software that is secure. Onward.
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