ZEC: This placement is kind of interesting】

Did you see that news?—Zcash’s private transfers have been compressed from 3 seconds to within 200 milliseconds, and proof generation on mobile is now 14x faster.

Honestly, in the past I would just swipe past upgrades like this. No matter how nicely they’re marketed, have they really been rolled out? Are users actually using them? But this time, I looked twice.

Why? Because 3 seconds versus 200 milliseconds may look like just numbers, but the real experience is completely different. Back in 2017, I got burned by a coin with a similar issue—slow transfers, terrible user experience. Users simply couldn’t wait, and the ecosystem collapsed overnight. Three seconds is barely tolerable on desktop, but on mobile it’s a disaster. Asking users to wait 3 seconds on their phones for a private transaction? 95% just give up and switch to those “good enough” coins.

200 milliseconds is different. This speed is already close to “invisible.” For users who truly care about privacy, it means private transactions finally have mobile usability for the first time—not “it kind of works,” but “it actually works.”

But the question is: how many new users can this bring? I’m not sure. The regulatory pressure on privacy coins over the past few years has been obvious to everyone. Even if the technology is great, if exchanges delist it or payment channels get blocked, user growth is just castles in the air. What are the big players doing now? I haven’t seen clear signals of large-scale accumulation from on-chain data, and I also haven’t seen signs of heavy selling. Everyone’s watching and waiting.

ZEC is down 73% from its all-time high, and the valuation is indeed low. But a low valuation doesn’t automatically mean it will rise. The market cares about whether things can actually be implemented—not whether it’s cheap enough. If this tech upgrade really opens the door to mobile privacy payments, the business logic will click. If it’s only technical showmanship, then it’s the same old story—watching the show.

So what’s my mindset right now? To be honest, I’m itching a bit, but I haven’t acted yet. What about you—are you brave enough to follow this round?