$111.91 0.58%
ZEC · 38w

Merger between Ethereum and ZCash would be interesting, tweets Vitalik

When Vlad Zamfir, a researcher at Ethereum Foundation, asked on Twitter, if anyone could name two projects that would make the first blockchain merger, Zooko Wilcox, founder and CEO of ZCash, was quick to answer that he loves he loves the idea of merger between Ethereum and Zcash, which would eventually make 3 chains: the Original ZCash Blockchain, Original Ethereum Blockchain and lastly the new merged chain.

At Crypto 2018 @VitalikButerin used “ETH❤ZEC” as the hypothetical example, which pleased me. His conclusion was it won't happen because it would result in 3 chains, not 1. My conclusion is: that's fine! See also https://t.co/4gqoS0B3cJ — zooko (@zooko) September 23, 2018

Zooko also revealed that Vitalik wasn’t happy much happy with the idea. To that Vitalik replies, that it is not because its impossible but because it will be too complicated. He compares the merger to corporate merger times ten.

“Ethereum’s POS can be combined with sharding and use ZCash’s zk-SNARKS implementation to validate the transactions”, says Vitalik. That said, a merger that's explicitly okay with 3 coins would be interesting. One idea would be for "Zcash Frontier Edition" to merge ETH and ZEC coin balances and combine ETH PoS + sharding with ZEC first-class snark integration, and then "Pure Zcash" could be more conservative. — Vitalik Non-giver of Ether (@VitalikButerin) September 23, 2018

He then clarifies that he finds the idea of merging ZCash and Ethereum interesting. Vitalik also reveals how Ethereum will be merged with ZCash. According to Vitalik. Ethereum’s POS can be combined with sharding and use ZCash’s zk-SNARKS implementation to validate the transactions.

The Future

One of the biggest problems with this merger is what happens to the original chains and their tokens. Do they work side by side of the new chain or do they stop working and the user gets the merged tokens? Until the community comes to a consensus for the existing chains, a me...

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