Starting promising users complete anonymity cryptocurrency Zcash postponed to a later date due to the need to give more time to independent auditors on an in-depth analysis of the code.
This was announced by the project manager Zuko Wilcox.
The original release version 1.0 Zcash was scheduled for 5 September, but now the launch rescheduled for September 26. It is not excluded that will be reviewed and the date.
"Looking at the fact that you are very close to what you are doing your own hands, you always remember that you are planning to do. And often Exploits share our plans and what you get in reality ", - quotes Wilcox CoinDesk.
According to him, after the collapse of The DAO need to pay more attention to safety issues becomes even more apparent. It is noteworthy that the company owned Wilcox Least Authority at the time audited Ethereum security code.
"I regret that we did not do a good enough job to issues such as the situation around The DAO, there were as little as possible", - said Wilcox this week in his speech at the conference Blockchain + Digital Currencies, organized by the publication American Banker.
For this reason, he believes it is imperative that developers cryptocurrency worked with third parties. Despite the fact that his own team of 16 people Wilcox calls and world-class experts, the decision was made to hire two independent firms. Their names will be published simultaneously with the publication of the conclusions. The same scheme of work has been used in the audit LeastAuthority Ethereum code.
The object of special attention of the audience will be to study that part Zcash code, which is responsible for the anonymity of the sender and the recipient of funds, as well as concealing the transaction amount.
In total Zcash project has attracted $ 1 million in venture capital investment from companies like Pantera Capital, Digital Currency Group and Fenbushi Capital. Among individual investors of the project called the CEO and co-founder of AngelList Naval Ravikant and well-known entrepreneur Roger Ver.
It was announced in January of this year, The launch of the alpha version Zcash. Among others, the project praised former CIA officer Edward Snowden - in his words, Zcash may be a response to the risks that are open and available to anyone who wishes to write blokcheyne Bitcoins.