> The secret key (“cryptographic toxic waste”) generated during this phase can be used to steal money - currently in the form of creating counterfeit coins, stealing from everyone collectively.<p>> As one of those participants, here’s my account of what I did to ensure that secret was destroyed.<p>Regardless of what he did or did not do to destroy this secret, doesn’t this make ZCash inherently non-trustless? If we trust that these people are honest, why not just have them sign messages with their keys to resolve double-spends, rather than build an elaborate system on top of this trust?<p>In other words, the ZCash crypto might be trustless itself, but if it’s employed on top of a base that requires trust, what’s the point in the first place? The weakest link is at the base.<p><i>“If you just trust me, I have some really cool trustless crypto to show you”</i>