Alphabay will accept Zcash starting July 1st, 2017

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With the current network status of the Bitcoin network, we believe that adding
other currencies is a must. A few months ago, we have been asked by several
journalists whether we would implement Zcash or not. We decided to move forward
and we will accept Zcash payments starting July 1st, 2017.

As usual, vendors will need to edit their listings to add this currency if they wish to
accept Zcash payments. This is done on a voluntary basis. The option to accept
Zcash will be ready starting from tomorrow.

Since the price of Zcash had been soaring in the past weeks, we believe that this
currency has good potential and rising price shows a growing interest from the
investor community, especially since the price has been on the rise since the
beginning of the year.

Until a consensus is reached in regards to the Bitcoin network scaling, we encourage
users to use additional currencies to make their purchases, to ensure that all
transactions are processed in a timely manner.

We have plenty of new features coming soon, so stay tuned! 
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Comments


[25 Points] ubermicro:

fun fact: zcash depends on trusted-set up and you have to trust for the rest of time that the people involved in creation or someone monitoring them doesn't have their keys as they can print infinite money with them. best part: due to privacy, you will never know when they do that. No big deal, just trust they say no to infinite money.


[17 Points] DaveyJonesXMR:

you guys know that zooko ( CEO of Zcash Co ) just recently tweeted that it is okay to help the LE if zcash is used for "bad" things ? Thing probably has a backdoor, act accordingly


[16 Points] Dentuam:

zcash isnt so anonymous. monero is the best anonymous coin


[12 Points] throwahooawayyfoe:

inb4 incoming pump n' dump


[11 Points] inkhead1:

Damn. I was hyped on Monero being added to Alphabay and I know it's not used a ton but I thought over time that people would realize they need to switch to Monero for this market since people are getting arrested with traced btc transactions.

Well xmr volume is still low, but then they added eth, and now zcash?? I really hope people don't switch to that as the private coin for this market. Zcash is literally like this:

1: "Hey you threw out the key right?"
2: "yeah dude we good, no one can see anything"
1: "Ok I believe you"

I mean idk about you guys but I don't really trust someone saying they threw out the key.

Anyways I'm just saying that I don't think it really should be used. If you like it though, go for it.


[9 Points] tokjingga:

Zcash privacy feature is optional so beware


[9 Points] None:

[deleted]


[3 Points] None:

sounds like d.s and the boys are making a pile on this fx crypto trading stuff .interesting , well done on the extremely fast roll out


[4 Points] None:

[deleted]


[3 Points] LibertyPattern:

Not sure if I'm gonna use this but it's great to have a choice.


[3 Points] ChadThundercockII:

what are the pros and cons of using Zcash?


[2 Points] elfer90:

nice


[2 Points] earthmoonsun:

A stronger competition between different coins is good for the crypto economy. Centralization sucks.


[2 Points] AB_NotFBI:

all these memecoins


[2 Points] Tex402:

Where does one even get zcash


[2 Points] onionland_star:

Let's not forget this iconic tweet:

https://twitter.com/zooko/status/863202798883577856

And by the way, I think we can successfully make Zcash too traceable for criminals like WannaCry, but still completely private & fungible. …


[1 Points] buxtonwater3:

Pump and dump bitches, make an extra $20 and spend it on some weed, then return back to Bitcoin before this zcash thing descends into nothingness again


[1 Points] jackxaniels:

Hmmm to get in on this pump and dump or not


[1 Points] None:

man , cant wait till they start accepting some Coinye