CoinDesk (@CoinDesk): RESEARCH: @Zcash is rebuilding how a shielded chain stores state, and the throughput gains follow from that rather than the other way around.
Estimated coin impact
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RESEARCH: @Zcash is rebuilding how a shielded chain stores state, and the throughput gains follow from that rather than the other way around. Today a private wallet finds its own funds by trial-decrypting the chain's encrypted outputs one by one. That cost grows with every new user.