Zcash Mainnet Milktoast Privacy

zec-milktoast.md

Zcash Shielded Supply is less than 0.5%

This command shows a transparent supply of 8.7M ZEC:

./zcash-cli gettxoutsetinfo
{
  "height": 830867,
  "bestblock": "0000000002b0ef5add3356f537eb4f6ef0c6d32f7ac0928d7c3e84f326fb8be7",
  "transactions": 1045827,
  "txouts": 16147776,
  "bytes_serialized": 446222859,
  "hash_serialized": "aafac5cf4b84f17bdf996f7a5b17b4a30b6f86c6ddd0da387b4946cd4e2dea2f",
  "total_amount": 8700243.65402680
}
# data from CHMEX

and since ZEC has 9.1M current supply, that gives 0.49% shielded supply (zsupply percentage).

This is unacceptable from an organization that spends over 1M USD per month? Why are funds not spent enforcing privacy on mainnet? Having such a tiny percentage of shielded funds renders them mostly defenseless to blockchain analysis. They are not real privacy.

Hush has 10.5% shielded supply currently

We are currently the only Zcash Protocol coin with a live-updating zsupply % on our website https://myhush.org/supply and we currently have the highest zsupply % of any non-z2z coin, behind Pirate and Arrow. In November 2020 we transition to z2z and our countdown is here: https://myhush.org/halving

hush-cli gettxoutsetinfo
{
 "height": 226953,
 "bestblock": "000000018056194602178ef751f9307f2bd8bbcd9e7c8d6ce068562d298069f9",
 "transactions": 129086,
 "txouts": 468909,
 "bytes_serialized": 17858799,
 "hash_serialized": "26efffa4cf68b9a63a1229bd2e7edac69084c4c42f4a5bf840179e1da79f9083",
 "total_amount": 8065525.12301624
}

Since Hush has 8.06M HUSH in shielded addresses, that gives HUSH a zsupply % of 10.5%!

z2z coins

Pirate currently has about 99% zsupply

I am honored to say I helped create Pirate and since Hush and Pirate share an immense amount of code, we consider her a sister ship, and the races have begun! We hope you have been practicing hard!

Pirate was the first z2z coin and currently has 99.92% zsupply!!! Almost all of it's current 156M supply is shielded.

komodo-cli -ac_name=PIRATE gettxoutsetinfo
{
"height": 886578,
"bestblock": "000000012993d42e6c732641e0c403791daebc5a9e761b485492fed08d738cf4",
"transactions": 129295,
"txouts": 185385,
"bytes_serialized": 10582120,
"hash_serialized": "8688634f6601a54953e20224c7941244443574d4a4859c189e6251c92a903a54",
"total_amount": 268518.08573661
}

Arrow is 2nd in shielded percentage

Arrow currenly has 37.5M supply with 1.69M in coinbase mining addresses which gives a zsupply of 99.49%!!! Right on the tails of Pirate, Arrow was the second coin to ever go z2z and is much newer than Pirate. One of the main differences is that it is GPU instead of ASIC mineable.

./arrow-cli gettxoutsetinfo
{
  "height": 594432,
  "bestblock": "000013f41f252038d53628554aaa076a5f5df74bf3deaca745881e632223a315",
  "transactions": 541916,
  "txouts": 605752,
  "bytes_serialized": 33987750,
  "hash_serialized": "10d882b2457478a564d147e762dd15ff79550c2f34f1c1a40b0fdcc63fd97d1d",
  "total_amount": 1694019.01903109
}