A word of caution with Zcash

If you are buying into the hype of Zcash just due to massive pump, please know what you are getting into
1) The core engineering team (not for profit) behind zcash had a feud with parent company bootstrap following a bitter dispute recently. As such developers don’t agree with corporate handling of the project.

2) The team during their initial launch intentionally designated 20% of all mining rewards to early investors and founders out of pure greed.

3) The above point holds true even now that it’s heavy backed by few corporates like Electric Coin company and Grayscale. The very reason Grayscale supports its ETF’s.

4) The infinite minting AI bug issue was due to flaw in the design privacy pool which wasn’t discovered for 3-4 years allowing infinite minting of counterfeit tokens

5) The belief that zcash is private in itself is an irony! Zcash privacy is optional unlike Monero which includes privacy by default -a much better project. Zcash had the optional feature just to appease to regulators and exchanges for marketing purposes

6) Above all you should get skeptical if the price keeps going up everytime especially with recent surge driven by a few corporate people.

At the end of the day, it’s your hard earned money ???? and put it in something which is community driven, useful where project team genuinely cares for it.