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Zcash (ZEC): Does Privacy Create Value? | Daily Crypto IQ 👀

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Live tonight at 8:30 PM New York time. Zcash promises private digital money. Does that make ZEC a valuable asset? Tonight’s Token Autopsy covers shielded payments, the Zodl wallet, mining and supply, development funding, the Ironwood security upgrade, and what NU7 could change. We finish with the complete Daily Crypto IQ Scorecard and updated Token Autopsy Leaderboard. Educational content—not financial advice. #Zcash #ZEC #CryptoPrivacy #TokenAutopsy #DailyCryptoIQ #UndergroundCrypto DISCORD https://discord.gg/kkj88m7cYv My Email [email protected] Trading View https://www.tradingview.com/undergroundcrypto?aff_id=166436 Kindra https://app.playkindra.com/r/undergroundcrypt My MemeX Proflie https://app.memex.xyz/profile/834952 Yakkamon https://yakkamon.com/?code=8HTQ88 Sunflower land https://sunflower-land.com/play/?ref=UndergroundC Palau digital residency ID link https://rns.id/?rc_by=ZQ5u8930 Grass- https://app.grass.io/register/?referr... Bitmart -https://www.bitmart.com/invite/7Q757g Coinbase https://coinbase.onelink.me/2ysS/v0yg... stake.com stake.us/?c=Y25vgtJ2 ChainGPT https://app.chaingpt.org?referralcode= Ledger https://shop.ledger.com/?r=8f4b8ddc4a6a Weex https://weex.com/register?vipCode=5gghe Chainers https://quest.chainers.io/loyalty?referral_code=BMMFUH1F zee-verse https://zee-verse.com/sign?referral_code=MCXBI8PQG6

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Written from the stream's auto-generated captions.

Show transcript (286 sections, auto-generated captions, expect typos)

0:47You okay? >> I love you. I love you. I love >> A thing that we just holding on to something. A thing >> What's up everybody? Welcome to the Underground Crypto G Cash Show back at you with the Token Autopsy Report series that we're doing right now. We're going to be going over, you guessed it, Zcash

5:23today in case you missed the title, in case you missed the thumbnail. How are all my undergrounders going? Man, have I been busy. My lighting looks different because it is. My lamp that I use on this side broke 2 minutes before the stream. I went to turn it on and then a big spark and it is no more. So, we're going to rock with this. Is this better? Is this worse? Can you see me? Can you not see me? Do I need more light from over here?

5:49All right, we're going to rock with it either way. Who all is in my chat? What's up? What's up? CCP Strug a Heart in the building. Melissa dropping my links for me. I know she'll be working tonight a good bit. And of course the Thrifting Lawn, who could that be? As you can see, I have actually changed the game board. We're going to need to reset board. Welcome in, Blues Guy. Welcome. Welcome

6:24to the show. Board has been reset. We're going to be going over Zcash tonight. As you can see, I did redo the game board. I know I just said that, but I just want to make sure that's clear. And now you can feel free to roll. We're going to be talking about Zcash in this falling wedge for a minute here. I was just looking at on Uh let's look at it on the monthly. It's

6:52going to make a lot more sense on the monthly here. See, it's falling. Actually, the 3-month probably make it a lot more clear. Got this falling wedge-like price action. Of course, nice big measured move would be this whole length of the pole there. If you got the life for vision, if you know what I'm talking about. But anyways, Zcash is the topic of the night. You know I got some nice slides made for you, some good visual

7:15representation, and we're going to get into the nitty-gritty of that Zcash. It's got 19.3 billion dollars in its market cap. 21 million max supply. And it is 1,142 dollars at this current moment. That is subject to change. What do I want to tell you? Well, imagine you hire someone to repair your roof. You pay them.

7:47They receive the money. Sensible arrangement. Civilization briefly functions. Now, imagine that payment also gives them a starting point for investigating your other transactions, your savings, and the other people you regularly send money to. That is an uncomfortable feature of the public financial records. Zcash begins with a reasonable objection.

8:16This is a making a case for Zcash. Proving a payment is legitimate should not require turning someone's finances into public entertainment, or that everybody gets to see them. And that catches my attention because privacy has ordinary use. Businesses have competitors. Employees have salaries. Families have medical expenses. None of those people need any origin story or ability to see each other, right? We need some discretion.

8:51But tonight, we have two different investigations that are really going on here. First off, how well does Zcash deliver private digital money? How private is it? Second, what connects that usefulness to a lasting demand for Zec, Z E C, the actual token. So, you have Zcash, that's the product, right? The privacy. Then you have Zec, Z E C, that is the ticker for the actual coin.

9:20And along the way here in our two different uh breakdowns that we're doing, right? Our two different investigations, we need to discuss serious vulnerabilities that were disclosed this year, the Ironwood upgrade that followed after it, and the wallet formally called Zcash. That is z a s h i. And proposed changes that would not be mistaken for features that are already running. When we do our token autopsy,

9:47we grade it based off of what is going on right now, not promises they've made out into the future. So, Zcash has substantial engineering behind it. It also has substantial questions that need answers. Let's follow the evidence. And let's just scroll down to the bottom here. We can see our categories, smart contract, privacy coin, layer one, zero knowledge, proof of work. All good things, made in the USA. That's a good one.

10:19But if you come all the way to the bottom, you will see markets. And you can see there are eight pages of places that you could buy this. Let's just hop to page two. And if you didn't know, this is CoinGecko. I like to use CoinGecko. We got We got to go and on down here in the chat. Who's guy? This is This is CCP's character. Don't get lost in it.

11:01Just for the record. All right. So, all the different markets, there's lots of places you can buy it. The reason why I'm showing this to you right before we kick off the actual deep dive is because I want you to know that any coin that you're interested in and you're having trouble finding it, come all the way down to the bottom and you can go centralized exchange if that's more your jazz. If you're a little bit more

11:23advanced, decentralized exchange. And you can go spot. If you're like, oh, well, I only want a perpetuals contract on a centralized exchange. Or I only want a futures contract on a decentralized exchange. You get it? You can really figure out what you're looking for on any coin on CoinGecko, bottom of the page after you clicked on the coin that you wanted. And that is our little teaching lesson for

11:50the moment here. Let me pull up our notes here on the token autopsy. Roll call. Roll call, roll call. Who all is with me before we kick this thing off? I wanted to wait to do Zcash on a day that was maybe a little bit more popping. But it's just such a good coin, I really want to go over it. And by such a good

12:21coin, I mean everybody's crazy about it. Is it really that great of a coin? That's what the token autopsy is all about. Sat seeker, welcome in, welcome in. And before we kick off here, let's go ahead and kick off that mini game. I just want you guys to know All right. I'm going to do a couple of things real quick before we really kick off this part. Open the Discord.

12:51Yeah, I got some housekeeping to do. I got some housekeeping to do real quick before we really kick this bad boy off. Some things I want to tell you about. I've been I've been grinding, I've been working hard. Almost everything that I've been trying to get done for a long time, I'm getting it all done. So, I'm really fired up about it. First off is that we have a website. I do have a

13:17website. This is the main hangout just for anybody who doesn't know. I was posting about things going on behind the scenes. Let's see who liked that. Oh, that was me. Um update updated game board, but this is what I really wanted everybody to see real quick. We have 10 more visuals that you don't know about yet. And you don't know about them most likely cuz you don't check out

13:46the Discord. The main hangout in the Discord, best place to catch what's going on other than maybe my ex and when I'm live, right? So, check out these new ones. I'll give everybody a minute to drop them in. And then, of course, we got to start the games. So, SatSeeker we had the board game last time you were here, right? Just wanted to make sure. We're starting the token autopsy in just

14:15a couple of minutes. I just wanted to give everybody a moment to look at a few things there. And then, I want to start the actual game. Auto wild on. That should get everybody rocking and rolling there. If you drop something in the chat, you will automatically get some free spins. So, you should be able

14:44to just type in {exclamation point} roll just like I did there from the account that I'm monitoring with. And uh we've just upgraded some things. Now, we have visuals. SatSeeker, I don't know the last time you were here. We got visuals, we've got uh 10 mini games that roll. At first, we only had five. I don't know what version you saw. But anyways, we're about to kick off here. As soon as I show you a couple more things. I keep wanting to hop right into

15:18it cuz I don't want to waste too much time. But at the same time, I really do want to show you a couple of things. The first one is going to be the website. And then I'm going to need to get us back to the right place. So many things going on now with the Streamer Bot and everything. I got a lot going at one time. I got to find it all. Let's see.

15:50All right. So here we are. Go over here. Grab the one tab. Just launched a really big campaign. We should reach almost 2 million people. And yes, I had to pay money for that. It was not free. So if you like the fact that we got rid of the odds, the odds, the ads, right? Then go ahead and smash that like button. Make sure you're subscribed. Jump in the Discord. And come

16:19to our new website, right? We got the merch, but that's not even the best part, right? So you'll see three different places. One, take your crypto IQ test. You have quiz up here you could click. And at the bottom down here you have the crypto IQ. And this is a quiz that has been built. And you got beginner, intermediate, and advanced. Can you beat all three? Can you beat all three of them?

16:53I built this for a campaign that I'm going to be doing for the channel. I'm super stoked about it, honestly. But you come in here and you pick one. You got 30 seconds to answer each question. Like what is a Satoshi? Huh? Smallest unit of Bitcoin. I'm not going to run through all of them because I don't want to give it all away. And of course you have like the Degen advanced stuff. Can you beat all the

17:18levels? That's what I want to know. And test your crypto IQ, it gives you a crypto IQ score at the end of it, too. And when you get to the end of it, here's something. When you get to the end of it, you can post it on X, you can post it in the Discord, stuff like that. So, I just wanted to point that out. One of the things that I've been grinding and building here. Let's see, what else do I have to show you? We have new merchandise. Yep, let's

17:50show you that real quick. Let's go to the merch. You guys asked for a few things. I want to make sure that you got them. We have socks for the Blues guy. Specifically for Blues guy, got the socks. Then we have the winter hats that Reliable J asked for. We've got this super dope bandana. Uh Melissa asked for a bandana. And then of course, we have the merch that you guys

18:15already saw. We got the hoodie, the hat, the shirt. I feel like we're missing missing a couple of things here. Oh, the coffee cup. I love the coffee cup. And the mat. I meant to order the mat and the coffee cup uh yesterday and I didn't get to, so I'll be ordering those tonight. I'm going to get the mug and the mat. Melissa already placed her order. Couple other people already placed an order. I look forward to If you get some

18:43merch, if you place an order and you get some merch, post it in the main hangout. All right, I'm done with that. And please support all the time and energy. Like I said, I just ran a big campaign for the channel that cost real money. So, please buy a membership, have a membership. $3 a month goes a long way. And don't forget you get free custom emojis that you can even use as your tokens, right, on our game. The board is bigger, the pieces are bigger.

19:15I'm going to show you. So, you type piece. Oops, that is not the word piece. And then any emoji that you want. I'm going to be the flame. And you will see that that pops up. There you go. That's all the housekeeping and stuff before we get started. Now we're really going to kick off, but I I always forget to say that stuff. So, make sure you like and subscribe. So, Zcash. This is the token

19:41autopsy. Not to be long-winded, but it's all focused around the token. We're going to answer a lot of questions and we're going to spend some time deep diving what the products are, what the project is, what does it do, does it deliver what it says it's going to do, all that fun stuff. But remember, the point is that this is the most highly valuable information I feel like I could give you near the bottom, close to the bottom of the market, even

20:05though we moved up a little bit. 2 years from now, this is probably going to feel like the bear market still, comparatively, right? And does an ecosystem, a project, a company, its product deliver anything for the token associated with that project or ecosystem, right? The products that they build make an ecosystem. The token is floating around somewhere. Is it used for gas? Is it utility? Does it even have any relevance

20:36at all? Well, that's going to determine how much value is captured by that token and winds up in the market cap. Buybacks are great. Burns are better. Buyback and burns are better. So, there's a lot of things to to sort out here. If you don't know your tokenomics, your tokenomics, right, the economics of a token, then you're probably not as sharp of a speculator in this market as you may think you are or want to be. So, with all that said, never financial advice,

21:04this is crypto research. Private money. Zcash. A sec question about value, though. The open situation here is that imagine you were paying a contractor and giving them a starting point for investigating all your other transactions and your savings. And that is an uncomfortable feature of public financial records and transparent blockchain, right?

21:32So, we almost need applications like this, right? A contractor gets paid, that's on the public ledger, and other records become visible because you could just go track that wallet. Now, that kind of goes two ways. This is really talking about you being a regular person. You pay a contractor or anybody, right? Pay anybody. It's really on the On the blockchain it's just a wallet sending money or a transaction to another

21:59wallet. But now we have two wallets. We have the wallet that we paid it to, and then we have our wallet, both exposed, and now people could track and see what other wallets we're holding, how much money we got. It is important if you have a lot of money, especially. So, Zcash begins with a reasonable objection. Verifying a payment should not require publishing unnecessary financial information. Should be able to just do it and stay safe.

22:30Let's check in the chat. Make sure we're up to date. If you're just rolling in, say something, get some free rolls on our digital board here. Play the mini games. Win you some more rolls. And you could win $10 in free cryptocurrency. Where's my sat seeker at? Struggahart, who wants to win $10 in free crypto? CCP's been killing it with this lately. It's super dope.

23:00And hopefully we'll get a couple like reliable J in earlier. All right, let me lock in here. So, what are we actually investigating? First, how well does Zcash deliver private digital money? Second, what connects that usefulness to a lasting demand for Zec? Zcash, the company, the treasury, the product, right? Whatever we discover about its ecosystem

23:27and the company behind it. And then Zec, when you see ZEC, that is referring to the coin. I really want that to be clear, so you don't get turned around. Air sad seeker. What's up? I just want to see if you were still here. Hit some of those visuals real quick. My favorite one is probably splash. Exclamation point before whatever you type. Type in {exclamation} point splash. That's my favorite one. Anyways, businesses,

23:54employees, and families have ordinary reasons to want financial discretion, okay? People say, "Oh, why do you want privacy if you have nothing to hide?" It really doesn't take that long of a thought process to realize there's bad people in the world. If you have anything, they would like to take it from you. All right, luckily for me, I don't have nothing. But, they would like to take it from you if you really got something, millions of

24:18dollars or something, and they will come after you. So, any information you give them is just helping them. A useful privacy product still needs its monetary thesis examined. Zec is a native coin. Native Zcash does not have an Ethereum contract address. Transparent and shielded transactions have different privacy properties. And remember, we are learning together as a community. I'm not trying to stand up here and act like I'm the smartest person

24:49ever. But, I would like to raise my own crypto IQ. One of the big pieces of this channel is that we raise our crypto IQ together and then as we raise our crypto IQ, this is the long-term vision, we all begin to niche out into different areas. You know, I love me some DeFi gaming. You might be all about the privacy, ZK, you know, roll-ups, that kind of stuff. Maybe you want to be into, you know,

25:17private money like Zcash and other things like Horizon and there's a few others that you can mention, right? Monero. And then we come back to the community in the Discord and we sharpen each other and help each other one, you know, when the bull run and these these bullish moments for crypto pop off, you're going to see, you know, decentralized exchange popping. Well, if we have somebody in the Discord who's highly focused on

25:44decentralized exchanges and opportunities there, they're going to be our go-to guy. If we see, again, DeFi gaming popping off and there's maybe somewhere that you can make some money, well, you're going to want to turn to somebody who's big into it. That would be me. And so on and so forth. So, what you may not know is that viewing keys can disclose specified information without spending

26:10authority. Zcash is now Zodl. It's like Hodl but with a Z, Zodl. A shielded pool balance is not DeFi total value locked or a user count. Zcash remains proof of work, which means it can be mined. Just like Bitcoin. Cross-link is proposed and experimental rather than an existing mainnet staking product. So, it's not out yet. These

26:43distinctions prevent us from counting the same claims as utility, revenue, and adoption all at one time. And we are really only going to score what is up and operational today. And we can do updates at later times. I want to hit that hit that splash. So privacy coin on a label inspect what the actual transaction conceals. So just cuz it says privacy coin, we still have to know the tech behind it and how good it is. A

27:23larger shielded dollar balance separate Zcash coin Zcash coin balances, price changes, and migration. I always tell myself I'm just going to say Zcash and not tell you that it's the coin. I can't help myself. An upgraded announcement is that check published rules and activation statuses. And the term audited needs to be inspected independent review. Disclosure and remediation, and they need to be constant and updated.

27:56Reliable J in the building. I told you he would be here. I was just saying Reliable J would come through. Why? Cuz he's super reliable. It's in the name. All right, this coffee is starting to kick. It's been a long day, guys. All right, what is the problem, right? Well, the problem is that public transaction records can be exposed more than someone intends to share. There you go. That one's easy to understand. The shift here is that cryptographic proofs

28:24can verify payments while concealing sensitive details. Zero knowledge, anybody? Pretty sure that's what the Z stands for in the Zcash. Zero knowledge cash. The payoff of all of this, this whole token autopsy that we're doing, is that we can evaluate the working product and then test whether it actually uses and creates sustained Zcash token Zec demand. Privacy still depends on the wallet,

28:55route, and external services. I said that so weird cuz I said both at the same time. Zec is the coin. Somebody out there doesn't know that. Zcash is the network, Zec is the native money. Launched in 2016, so there we go. We got a token generation year at least. It is an independent blockchain rather than an Ethereum application token. So, it is built on its own thing. It's not built on Ethereum.

29:24Zec is the transferred asset in the unit used for network fees. So, we're going to start hopefully getting into some utility about the Zec token. Removing Zcash coin, right? Removes the money around which the network operates. So, if you didn't have the coin, nothing would really be happening. And that's a good thing. That means utility.

29:50That means like super good utility for the token. It's a great start. But, it doesn't mean that it's going to go up, even though I think we're going to get a good score out of it because it has gone up a lot. Which means what? There must be some token value capture for the token. And that raises our crypto IQ and hopefully makes us better speculators in

30:15the market just off the research, never financial advice, I tell you. So, a public address can become a durable financial identifier. Connecting that address with a person or business can expose associated payments and balances. And as I was just saying in the very beginning, remember when I pay you, both of our balance both of our wallet addresses become exposed, not just mine. That is what privacy coins are all

30:45about. So, Zcash's shielded mode protects information that transparent notes. The investment question is how much demand exists to hold this particular private money. Maya is a hypothetical freelance designer. We're just using an example here. And Maya, she wants to receive payments without inviting clients to inspect unrelated business activity. She wants

31:18her privacy. A compatible shielded wallet lets her receive and later make shielded payments. What's up, Blues Guy? Thank you for the super chat. Don't forget that we do have super chats. And Blues Guy, you got a free roll. You get a free roll depending on how much you send in for a super chat. $2 super chat gets you one free roll. So, when we start doing the bigger

31:46giveaways, that might be more and more valuable, right? So, she still keeps invoices and businesses records. Privacy does not retire the accountant. A fully shielded payment differs from a transparent withdrawal followed by shielding. And remember, uh Okay. Too many things at once. Let me do this real quick. Blues Guy says, "Dedication

32:14and hard work. Keep it up, UG." Absolutely, I will do that. Just wanted to make sure I did not skip reading it because you were nice enough to send in super chat. And remember, that supports the channel. I spend way more than I'll probably ever make anytime soon off of this channel. So, it would be nice if I could recoup a little bit of the money I spend. Support your boy. Throw a super chat. Get one of those memberships

32:40and help us continue to grow so that I can do three shows a day cuz that's what I'd really like to do. The payer's wallet and withdrawal service affect what is exposed. Protecting later activity does not erase records already observed at an earlier step. I shouldn't made sure not to take a break in between reading these, but they're all on the screen. If you need to make a little more sense

33:05of them, I know I stopped to read the chat. It says, "I can't play that, bro." You could do anything you put your mind to, blues guy. But remember, if you say you can and if you say you can't, you're still right either way. Transparent and shielded. I know you can put an exclamation point and type in r o l l and hit enter. I know you can do that. Transparent and shielded, right?

33:28Transparent, relevant addresses and amounts are publicly visible. That means transparent. Everybody can see it. Fully shielded means the sender, the recipient, and the amount are concealed from public chain observers while validity is checked. So, here's here's the really interesting thing about this, right? Hit that coffee. The interesting thing about this is that you

34:01need to be able to validate on a blockchain that what is happening is legitimate, right? And you don't want to be, wink wink, optimistic about it. No, you want to be fully aware of what's going on, zero knowledge. But the problem is in order to validate things, you got to have information. So, there is this sophisticated mathematical way that they are able to validate

34:32who the people sending the stuff is, how much is being sent. Like if I'm a service in a blockchain and it cost X amount of dollars in order for me to give you whatever service, well, it's got to be verified that you paid me what I said and not half. Well, it can do all of that, zero knowledge proofs, roll-ups, whatever, and not give away the information to anybody. It's pretty cool. And it is the

34:59evolution of things like optimistic optimistic roll-ups. Not to be confused with the project optimism, although that is what it is built on, but the technology is optimistic whatever, optimistic roll-ups, optimistic proofs. Well, we've evolved to zero knowledge proofs, zero knowledge roll-ups, and there's other applications that it could be used for. Crossing this boundary, right? The transparent side and crossing amount can

35:25be visible whenever it's exposed. That's why you need zero knowledge. But a zero knowledge proof, I got ahead of myself explaining. I do this all the time. L E O double O Zo says Zcash is my favorite. I bet it is. Uh double O Zo, have you been here since we had our digital board game? Type in {exclamation} {point} roll, like like it's one word, {exclamation}

35:51{point} r o l l, and you'll get a free roll on the board. We have a digital board game. We give away $10 in free cryptocurrency. If you won, I could send you some more Zcash. I'd send you $10 in Zcash. We do this every night. And I hear you, blues guy. I hear you. I see you texting me. So, again, a zero knowledge proof verifies a statement without exposing the underlying private information. That's the biggest takeaway. For a

36:28payment, the rules require authorization, valid funds, and valid spending. The public does not need the complete financial history to check those rules. Proving age eligibility without handing over your address and driving record, payment privacy is what a blockchain reveals, and internet privacy is what connections and services reveal. Right? So, there's different layers in which the privacy hides certain things.

37:00Identity privacy, what records or disclosures connect activity to a person, right? Like driving record. Strong cryptography does not independently secure every device or external service. So, they're saying the chain might keep you private, but of course, your devices and things, that's a different game. That's on you. There you go, and watch it roll. If you put {exclamation point} peace,

37:29like I'm about to do right now. I'm going to show you an example, double o zo. I've been waiting for you to come in the chat. Uh I missed you, bro. Welcome back. But, if you type in peace, and then whatever emoji you want, here, I'm going to do I'm going to do the strong arms. It's one of my favorite. So, type in {exclamation point} peace, space, and then whatever emoji you want, even the custom emojis

37:52if you have the membership, and it will change your peace on the board. And yes, I am the thrifting ron. That is uh my new YouTube channel that I will be doing some things on. Right now, I am just putting out some reels. As you guys know, full-time eBay reseller. And then of course, a bunch of other platforms, but we don't have time for that. Privacy boundaries. Let's get back to the deep dive. And I'm glad that double o seven zo came on the Zcash one

38:23cuz it's your favorite and you're actually who I thought of when I went to when I went to make this whole token autopsy tonight. So, I was hoping you would catch it and I hope we find out how much we can trust Zcash or how much we can't. We got to figure it out, right? We got to figure out is there any vulnerabilities here and is their token value captured for the token? Is it going to continue to go

38:49up? That's what we want to know. Or should we be bouncing on it? I don't own any Zcash, just so everybody knows. I love to be transparent about it. I don't own Zcash. Anyways. So, privacy boundaries, right? An exchange may know the user's identity. KYC literally stands for know your customer. Well, where are they storing all of this information that they know about me, right? That's the question. And what happens when somebody gets a

39:17hold of it because Ooh. Data breaches happen, I swear, every 3 seconds. What company what giant company doesn't have a data breach? And you don't have a choice. Data breaches at your electricity company, data breaches at your water company, your internet company, your phone company. Just put anything that you that a lot of people use like cell your service, water, electricity. It's been compromised at one point or

39:42another. It doesn't mean every single one of them has, but most of them have, all right? And that means your data's just out there. A network operator may observe connections and information, right? So, a destination chain may publish the final payment. Zcash's migration specifications acknowledge correlation risk involving visible pool transfers and network information. Viewing keys, all All Keys hold up in a

40:16lot of different places here. A viewing key can provide visibility without spending authority. Let's go back to our example about Maya. Maya may share appropriate information with her accountant while retaining control of the money itself. A full viewing key can expose much more than a proof of one payment. So, in September, Zatl, which used to be Zashi, is now called Zatl, updates added incoming and full unified viewing key

40:53export with authentication and privacy warnings. Ironwood, which is an update by the way, it's live. Got the hiccups. I hate when that happens. I just ate so much food before I hopped on stream. I was starving. Then you have this NU6.3 activated in July 28, 2026. Now, when you see something like this, it's

41:18usually a proposal in a DAO that got passed and then later became implemented. That's how that usually works, but I don't know about Zcash. I don't know if they have a DAO, but I'm assuming they probably do. It introduced a new shielded pool following the Orchard vulnerability, which we will get to shortly. The original Orchard pool is restricted at this time. Migration into Ironwood passes through

41:44accounting controls intended make supply integrity independently verifiable. So, that means that they have come up with some kind of solution. So, it's now you got to move, is what I've gathered so far just off those couple sentences. Now, you got to move that money through uh a verifier, right? So, if somebody minted a lot of coins using that exploit, they're going to see it. So, a pool here is cryptographic

42:12accounting system. It's not a lending pool. It does not automatically pay yield. So, don't be confused every time you see the word pool to think that it's always associated with yield, right? Or liquidity cuz it isn't always the case. So, migration and security hardening are part of the current Zcash story because of the huge news story that came out. An explanation that ends at Orchard's 2022

42:44launch misses important developments. Zatl is a self-custody wallet, right? Was formerly known as Zashi. Users control their keys, right? Not your keys, not your crypto. Convenient wallets turn sophisticated private technology into something ordinary people can operate. The wallet connects shielded payments and swaps, cross-chain payment routes, and hardware wallet support. The wallet company, the network,

43:16and owning Zec token, Zcash token, Zcash coin, Zec are three different things. That's something you should be fully aware of when you're using it. Don't just group it all together and then say Zcash like it's all one thing. Crosspay is a product, right? And it lets a sender fund a payment with a shielded Zec. While the recipient receives another supported asset, Near intense

43:46supplies the conversion route. So, Near coming in here, right? Maya, back to our example. This is our our person here. Maya can pay a supplier who wants a stable coin without requiring that supplier to adopt Zcash. Quotes, fees, liquidity, and external systems become part of the route. This is how it expands its product and expands its capability. How many of you guys hold some Zcash? Of course we know double 07 does

44:18does but who else? Love to see people playing the mini games. Who's taking home that $10 in free cryptocurrency tonight? Hey sat seeker was on it. CCP just barely edged you out. I think he got that one. And remember if you really want some extra rolls, you can do that with the super chat function. So what cross pay does not transfer? What is cross pay not do? Well, it

44:51doesn't transfer the destination asset keeps its own properties, right? And a public chain payment remains public on that destination chain. So this is talking about moving things, right? Interoperability expands usefulness of course like I was just saying the product then expands with cross pay its capabilities expand which means more people can use it for more applications just makes it more useful. It's common

45:19sense. While adding dependencies that require inspection. So although this is all common sense and it's very useful, it does add new points that could break. We've seen a lot of things break. So we need to know is this safe? Is this not safe? Is this a new risk factor? So the recipient's public ledger does not become a Zcash shielded pool. So if you send something, all right, you may be protected

45:51from being exposed your information, right? Because you're using Zcash product. But wherever that goes once it crosses the border, right? Interoperability, things working together with each other. Once it goes over there, if that's a public ledger and it's not tran- and it's not shielded, right? Then it's then you can see it. That's, you know, there's no way around that. They would have to like change everybody else's product and

46:17that's not how things work in business. Uh Sassy says no Zec. No Zec for you. No Zec for me either, so I feel you and I wish I would have bought some. Just looking at it at like what? $400? And I was starting to think, ah this is getting pretty low. Man, if this thing goes to like I always do that. Now, don't worry, I was buying a few other things, but I'm like, ah if it went to like maybe like 300, I'd just scoop like a whole one and I did the same thing

46:47with VVV. Finnish token. I was like, ah if it could just go a little bit lower, I'll throw $100 at it and then it popped. Everything popped before I could get those numbers, right? But that's okay, I did scoop a few other things. In March 2026, Zcash reported more than 600 million in wallet facilitated Zec swaps since October 2025. So, in this time period here. And this is company reported cumulative

47:15activity. So, this is self-reported, right? Got to keep that in mind. It is not an annual revenue, profit, unique customer or proof that users retained Zec token. Ledger announced native Iron Wood shielded support on September 23, 2026. Its announcement specifies Ledger wallet desktop is now got an integration for Iron Wood when it comes to Zcash. They kind of have to do that. Mobile support was still forthcoming in that

47:48announcement. Working integrations, of course they matter, but repeat use and retention remain in stronger long-term test of a product. Transaction fees, users paying for the block inclusion, that's what a transaction fee is. Block subsidy, block subsidy is newly issued Zec tokens supporting mining and development. So,

48:16development grants are resources to build and maintain the ecosystem. You know, get yourself associated with these terms. Of course, company financing is an easy one, capital for a separate business, not automatic Zec holder income, that's the distinction you want to know. Zec company financing has nothing to do with the Zec coin itself. Zodl, the product, the wallet, reported more than 25 million in financing. That is funding

48:46for the company, not profit for the coin holder. Very, very different things. It does not establish Zcash protocol revenue or give Zec holders company equity. Transaction fees incentivize miners. Ordinary holders do not automatically receive them as a dividend. So, if you're mining, you can get some, right? But, you don't just get some because you hold the token, right? No dividend. If you're coming from that trad fi world, you're

49:21very familiar with a dividend. No dividend here. Zec is the native asset used for transfers, fees, and issuance. Talking about utility, right? It is a central point to the payment network's operation. So, you got sends, fees, the Zec coin issue, and it's right in the middle of everything. That establishes a real role and real utility. It does not establish

49:47the correct price that it should have or future demand or investor returns. That is yet to be seen, but so far so good. 000 will tell you about that. 0070, I have like seven different ways I like to say your name and I can't keep I can't keep them straight, man. Your name is dope. So, temporary demand. Buy Zec, make a payment, convert out. Persistent demand, right? So, one was

50:15very temporary, is probably used for one type of application, they got what they wanted, they got out. Persistent demand is retained Zec token between transactions because of privacy, acceptance, and liquidity and are useful, right? So, you want persistent demand. That holds up a reason for something to exist. A stronger monetary thesis requires evidence of secondary or second

50:41behavior. So, we have the working balance example. Hypothetical illustration, right? Not talking about my life here. A service processes 1 million monthly using rapidly recycled balances. It may require much less than 1 million to remain held. Payment volume and monetary demand are therefore different. This is conceptual example, not a measured Zcash statistic. Maximum

51:15supply, 21 million. Where have we heard that number before? Current target block interval, 75 seconds. Subsidy, right? Current scheduled subsidy is 1.5 Zec per block per allocation. And approximate scheduled issuance is about 1,800 Zec coins daily at target spacing, meaning the blocks fire when they're supposed to and not, you know, the time

51:43between blocks and things doesn't change, right? So, actual block arrives unevenly. So, basically what we're saying here is here's the math for it. 86,400 seconds divided by 75 and then times that by your 1.56 gives you about 1,800 sec, right? What we're saying is that when we talk about how many seconds in between blocks, it's approximative, right? Approximative, right? It's not an exact.

52:13Sometimes there's a little less, sometimes a little more. That's an average. Just so everybody knows. It's not always exactly that way. It's an average. And it can vary per chain. So, the cap limits eventually quality, right? New coins can still enter circulation before the maximum is reached, right? Obviously, until the maximum supply of 21 million is reached, new tokens will be coming in at some point.

52:40Current block subsidy allocation. So, who's receiving new coins that come in? Well, being a proof-of-work coin, this should be kind of a no-brainer. It's miners. And not people under 18, but the people that dedicate resources to keeping the blocks moving, validating the system, the blockchain. Those are miners. 8% went to Zcash community grants.

53:09That's for building and getting developers and people going, right? And 12% coin holder controlled funding framework. Don't know what that means quite yet. Let's get into that shortly. All right. So, these are not shares of newly issued subsidy. The funding trade-off, right? Continuing resources help maintain and develop an ecosystem. Pause. This is where I want to say something that I think is important. A lot of times you hear about

53:39subsidy, right? Where the company, the treasury, somebody somewhere is paying for things to go on. It's a reward. Or it's a grant, so that developers can go cuz somebody's got to pay a developer. A developer is not going to develop anything. That's just how that works. This is common business in anything tech-related, you know, software, I guess that's still tech, but you get what I'm saying. Big tech stuff, think

54:07about robotics, right? Or building cars. If I was going to start a new car company, right? How much massive amounts of money would have to be raised and then spent before a physical car with our name and logo on it ever drove down the street. It would be an insane amount of money. And you can ask Ford and anybody who's ever done it. It is expensive, even in the time

54:34that they were in. So, the point here is that continuing resources help maintain and develop the ecosystem, and that's a highly necessary thing for a new product, right? But at some point, it's got to stand on its own without all the subsidy, without all the reward. If the reward goes away, and nobody wants to do anything with it, then it's not useful. That's my point. In conclusion. So, newly issued coins can be sold to

55:03cover operating costs. The main supply issue is continuing issuance rather than modern token concentration near venture capitalist cliff, right? Again, main supply issue is continuing issuance rather than a modern tokens concentrated near-term venture capital cliff. So, what we're saying here is the supply issue is that more tokens are coming out and being emitted into the circulating supply more than just

55:35venture capitalists are about to get all their coins and sell them. Predictable supply is easier to model. It is not the same as zero selling pressure though. Just because there's not a bunch of venture capitalist doesn't mean that there's no selling pressure. As we've seen at a huge pump, what happens when coins have huge pumps? Well, people begin to take profits. And if the market looks like it's going to turn away from the bullish nature that

56:00it's in, the bullish time that it's in, whatever time frame, then more people begin to sell because they want to sell at the top, not the bottom. And then they're hoping it dips. Once you sell, you hope it dips like 80% so you can buy back in, right? But that doesn't usually happen. The point is just because you don't have a big venture capitalist, you know, unlock of tokens to sell on you doesn't mean there's not sell

56:23pressure. Ownership and control. Zec, Zcash token on top. Smash that like button. A transparent rich list cannot reveal all beneficial ownership of a privacy coin. One exchange address can represent many customers. And this is our pretty normal lesson on addresses and just numbers that we get as metrics a lot of times from different projects. They could be like, "Oh, we we just hit 1 million active addresses."

56:54Well, that doesn't mean that there's a million active users. What if there's a bot that has 100,000 active addresses or a swarm of a gigantic bot, you know, a gigantic network? That could be large portions. What if on the flip side? So, that would be a lot of addresses being one person. What happens when one person is a lot of addresses in the fact of like a

57:20centralized exchange wallet that represents probably hundreds of thousands of people? You have to use um your crypto IQ whenever you're thinking about that. And speaking of that, if you're just hopping in here, you're new 007 or stats, I built a crypto IQ test. It's easy, intermediate, and advanced. Can you beat it? It's on our new website. If you don't know what I'm talking about, in the Discord, in the

57:51main hangout, it's posted there. It's posted there again on the website you can go to. And then, of course, all the links are all there in the link tab as well. So, keep that in mind. But, go check that out, and I'll show it off when we're done with this. So, ownership and control. Shielded holdings limit our ability to map concentration. There's a double-edged sword here to privacy, although I think I'd choose privacy

58:20every time. Missing visibility does not prove evenly distributed ownership. It just means that we don't we don't know. That's what it means. Governance has several layers here. Proposals define possible change. Just like the whole Iron Wood upgrade. Developers implement the software. So, first we propose something, then it is considered and voted on, and then it happens. That's usually how it goes. Community and coin holders

58:48input influence decisions and funding. Network participants adopt the rules. A grant vote does not automatically control every consensus rule. Zondax, the wallet, continues work previously performed by the departing ECC team. The Zcash Foundation develops infrastructure including Zebra. And remember that they did have that large amount of developers leave Zcash at one point. Shielded Labs contributes

59:20protocol and security network. The network continued during organizational disruption while replacement discovery infrastructure was deployed. So, everything kept working, I think is what they're really trying to get you to understand while they had to fix things. It's like an airplane. It's flying, you got to fix the engine, but you can't land and turn off the airplane. Competitive moat. This is one of my

59:44favorite categories because something could be doing really well, but if it's competitors are easily going to be able to copy them, then how long are they going to be doing very well for? That's a high crypto IQ question. So, Zcash combines privacy research, deployed proof system, selective disclosure, and wallet infrastructure. These are all things that it has to it, right? Then we'll get

1:00:10to how well it can defend those from its competitors. The complete functioning ecosystem is harder to reproduce than a slogan, right? Just cuz they say privacy coin doesn't mean that that's an easy thing to just build overnight. Open-source cryptography can be reused cuz it's open-source. Means anybody can see it. Zcash's or Z Zex, right? The coin. I just want to make sure I'm saying that clear. Zex's durable advantage must include

1:00:40things like execution, confidential liquidity, and adoption. Competitive choices. Well, Monero emphasizes mandatory transaction privacy and continuing tail emissions. Zcash combines transparent and shielded modes with capped monetary supply. And if you're saying something to me in the chat and I didn't see it, I'm very sorry. Let me scroll back for 1 second. Most sweet people just playing our board game. Love to see that.

1:01:18Why does it look like Blues guy is super far ahead. Or is that the start? Did it change where the starting square was? What do you guys think about the new board? Is it easier to see? So, privacy systems around existing asset and conventional payment tools also compete for users. Remember, we're talking about competitor and its ability to fend them off. Different designs create trade-offs. No universal winners established by this

1:01:50comparison. It's like apples and oranges a lot of times, you know, you choose to do something one way, I choose to do it another way, we both end up at a similar result, not even the same result, but a similar result. Who's to say which one's better? A lot of times it comes down to application and what the customer wants to do. Who's going to have the the product that they decide to use,

1:02:13right? The 2026 Orchard issue. We're going to get into it, right? So, a serious flaw was privately disclosed May 29th, 2026. The response included temporary Orchard restrictions and corrective upgrades. And this was a big deal when it happened. Developers said exploitation could have enabled double spending within Orchard. But they don't know because it's all private and they can't see what happened. Their investigation

1:02:43reported that there was no evidence of unauthorized value creation or an impact on the total supply. But again, they can't see it because it's private. It's a double-edged sword of privacy. It's usually great. Until something broken happens inside of there and we can't see the blockchain to know if it did or didn't happen. How does that shake up regular dumb money residential, right? Retail, that's the word I was looking for. How does it

1:03:13shake up retail's confidence in stuff? Because they're not going to look. They're not going to raise their crypto IQ. They're not going to know anything about anything. They're just going to read headlines until a headline says, "Everything's good, bro." And then they're going to go, "Great. Now I can relax." Because I finally got a headline that said everything is fine. It's a sad reality, to be honest with you. But not

1:03:37you guys. You guys are here raising that crypto IQ. That's why we're family. Response in residential risk, right? Iron wood subsequently added a new pool and further safeguards. This is what they upgraded to fix the problem. Effective remediations deserve credit. The severity of the original flaw still deserves a meaningful deduction. And of course, are there any other flaws that we don't know about? And of course, that goes for every blockchain, not picking

1:04:05on Zcash, cuz we've seen it in other places. And who's finding these? It's AI, not your average person. But also, who do you think's going to be exploiting these small problems? Or these small little windows of opportunity that could in they could equal very big exploits. But they're probably relatively small in the code and things that the average person would probably never comb through enough to find. But AI is finding them,

1:04:30but AI is the one that's finding them to protect against other AI, right? It's a crazy world nowadays. Specialist engineering and review reduces risk. They do not eliminate the possibility of future defects, which is really what I was getting at. Proof of work makes miners central to the blockchain production. Uh I really love proof of work, but I don't think that every This is just a a random side salad statement here, but I

1:04:58think it's worth saying. I love proof of work. I love proof of work coins, just like that original Bitcoin ethos. But I don't really feel like every blockchain needs to be proof of work. That's just my opinion. Uh some of them do better with other consensus models, consensus how a blockchain functions, mining concentration, operating costs, and the security budget matter. So, we went proof of system, consensus and minor,

1:05:25and node implementation. And now, we're into decentralization and security. Oh, somebody sent a gift. Where did Where did that go? Daelin Carr, 8:30, says it's my money and I want it now. J A G Wentworth, right? Says go team. Uh to you, Daelin, if you type in {exclamation} {point} roll, anytime you chat for the first time in a stream, you'll get two free rolls on our digital board game, if you didn't know what was

1:05:59going on here. And just type in {exclamation} {point} roll, and you got two free rolls. So, you can go ahead and roll on the board game. And then, there's mini games going on. And those mini games will give you more rolls. Whoever gets the farthest in the board game, yes, you can do multiple laps, will win $10 in free cryptocurrency, come back to the show Monday through Saturday, and you can just keep winning. You can

1:06:25give If If you can beat everybody else. Also, if you drop a super chat, you can get a roll, depending on how much money you send in a super chat. $2 super chat gets you one roll, and it's up from there. Just so that I explained things, somebody hit them with a visualization, right? Where are we at? I got to type my favorite one. {exclamation} {point} splash. Let's go.

1:06:51So, decentralization and security. These are all, if you didn't know, the competitive mode decentralized security token about like These are all the categories in which we score and grade and give that token autopsy score, right? And at the end, we'll show all the ones we've ever done and their scores. So, proof of work matters. Miners central to blockchain production, right? So, proof

1:07:16of work is really miners that are keeping the whole system running by solving a mathematical equation and updating the blockchain. All right, I didn't mean to turn that into a lesson in mining. Mining concentration, operating costs, and security budget matter, of course. Transaction privacy and resistance to chain reorganizations are different properties. This is going to get a little technical. This is decentralization and security. Bear with

1:07:43me. The NU 6.3, which was the proposal that got approved that later happened, right? Specifications identifies Zebra as the expected upgraded validator implementation while Zcash is depreciated. And that is Zcash with a D at the end. Concentrating implementation risk. So, this is fancy jargon for some security stuff that they did, right? A Zec listing, the coin listing does not guarantee shielded withdraw support.

1:08:20And regional access and withdraw functionality differs. Of course, this is liquidity and exit. Swap routes depend on external liquidity and infrastructure. Bridged Zec coins add bridge and destination chain risk. The ticker does not transfer every native privacy property. So, once you get out of the ecosystem, you send it somewhere else, it's no longer in the ecosystem that's

1:08:49private. I know somebody isn't going to quite understand that. Once you leave the products and the ecosystem and the blockchain that is Zcash, right? Then you're somewhere else and whatever rules apply is what applies. If you go to Ethereum, you're dealing with Ethereum. If you go to BNB, you're dealing with BNB. This should be rather obvious.

1:09:14So, regulatory facts here. The foundation announced in January that the SEC closed its investigation without recommendating and recommending enforcement against it in that matter. So, this was a a US SEC matter. This is a narrower This is narrower than a blanket approval of Zcash, right? So, there was an issue and whatever that specific issue was, the SEC closed its investigation and said, "We don't need to worry about

1:09:43enforcement on this issue." It's not a free path for everything that Zcash is or is going to do in the future. The EU AML rules generally apply from July 10th, 2027 and restrict specified anonymous or obs- obs- obs- obfuscation accounts at regulated providers. I just looked at the word and I was like, "I know how to say this, but I'm going to absolutely mess that up." All right. The concern is access, right? The wording is not a blanket prohibition

1:10:17and individual processing privacy software or Zec, right? So, the concern here is access. Uh CCP, Il- Ilhan Omar's biggest fan. I'm here for Somalia. All right. He's he he he's a whole comedy skit, I tell you. Love that CCP in the chat. All right, valuation without a revenue function. So, Zec token is not a claim on a software company's earnings. It's monetary thesis depends on demand

1:11:00for scarce private money. Inspect persistent balances, right? Reoccurring payments, accessible liquidity, and confidence in supply integers or integrity. Kind of the same thing. Dollar valued balances can rise with price. Transaction counts can include migration and operational activity. What is live? Well, Iron Wood, Zatl, the wallet, usability and disclosure improvements, and Ledger's

1:11:32desktop shielded support. These are live. They've been shipped. What Inu 7 proposes, right? So, this is proposed, not actually implemented or live. Target block spacing changes from 75 to 25 seconds. The per block schedule subsidy adjust to prevent issuance over time. Three times as many blocks does not mean three times as much new Zcash is going to be emitted daily. At the October 19th snapshot, ZIP 259

1:12:07for if the people who really want to be specific that may watch this later, still lists mainnet activity as waiting assignment. So, here we are. Current 75 seconds, proposed 25 seconds per block. So, of 100 hypothetical fees, 40 remaining available to the miner, 60 are removed from the current um circulation. This is the proposed fee mechanism, right? Not what's live now,

1:12:36what is proposed. Is that basically 60 or 60% are removed from current circulation. That's kind of bullish. That sounds like burning, doesn't it? The the sustainability mechanism provides for later algorithmic reissuance. So, it's not gone forever. This is interesting. It's an interesting idea. Take it away, give it back, take it

1:13:02away, give it back. This is proposed be recycling. Not a permanent burn or holder dividend. So, the difference is although it may be getting burned, it's not permanently burned. Cross-link remains experimental. It's more like a buyback at that point. >> Huh? >> Cross-link proposes a finality layer alongside proof of work. It is intended to strengthen protection

1:13:28against chain rollbacks. Feature network tests do not equal mainnet activation and do not describe the Zec token ownership as existing entitlement to cross-chain staking income. Better usability makes private digital money practical. If a user retains balances, privacy demand can become persistent Zec demand, right? So, demand for privacy becomes a persistent demand for the Zec token,

1:13:59the Zcash coin. The capped asset. So, let's talk about the bullish, the neutral, and the bearish. The capped asset. Basically, if you didn't understand anything that I had said up to this point, this is what you want to hear. The capped asset is central to the network rather than an optional government

1:14:20governance attach attachment like a lot of coins are where the actual coin is just floating around, it's used a little bit for governance rights, so you could vote, and it has no utility. That's not Zcash, right? That's not Zec. Zec is the opposite, tied directly to everything going on. You have to have the Zec coin. That's bullish because that means utility. Connecting all of our fun words here so that you can really paint a picture. The

1:14:48assumption to prove is continuing financial use of this particular asset. Will people continue to want to use it? The strongest counterargument. Many people want private payments without wanting prolonged Zec price exposure. So this is where you almost get into like would should Zec have been built as a stable coin? I've never heard anybody say this, but

1:15:21it makes a lot of sense. Because all those people might want to do private payments, do you want to be exposed or hold long-term your money in it because you are going to be subject to the fluctuation. And they may prefer a stable unit of account or use Zec coin very briefly for what it does, but they don't want to sit in it. So like

1:15:49what was it? It was like $1,300 or $1,400? Imagine you had a million dollars you were going to move around, but you you needed to do it privately, right? And so you buy Zcash, it's $1,400 a coin. And then for whatever reason, you're a big business, something like that deal hasn't gone through yet, you just wanted

1:16:11to have it ready. And in the meantime between then and now, it's $1,100. That means you just lost $300 for every You get it? For every coin that you have, you lost 300 bucks. That's a lot of money. That's a lot of money to lose, right? And people are not going to want that risk. Now, if you're at the bottom of the bear market, somebody might buy a million

1:16:38dollars and hold it. Cuz they're looking for that somewhere near the top of the bull market if they're smart. But as far as skipping all the investment type stuff and going into more uh remember never financial advice, that was just an example. Um but actually going into more of the like product and using it, you're not going to want to hold it that long. You're just going to use it for what you use it for, get out, get back

1:17:00into stable coin. So, the strongest counter argument to everything we just said in the bullish case is that people may want privacy payments without wanting that prolonged exposure to the actual coin. They may prefer a stable unit of account or Zec briefly. What you'd want to look for is a lot of volume without a lot of market cap retention. So, if a billion dollars goes through it in a day,

1:17:26but the market cap doesn't keep that billion dollars, well, then you should see people are using it. You'll see volume, but you won't see a gain in market cap. And that challenges holding demand without disproving payment usefulness. This is classic tokenomics and token autopsy stuff. Product highly useful. Demand to hold it and continue to go up and everybody wants to hold it, that could be different. Especially when we

1:17:58do hit the top of a market and we turn around and we go down, you're not going to want to be holding this thing. Disproving payment usefulness, in my opinion. The bull case needs evidence that users retain Zec, not merely pass through it. What would weaken this thesis? Of course, reoccurring serious vulnerabilities. If we have a lot more stories like that, money might move somewhere else, like say Monero.

1:18:24Narrower or more expensive access, price goes up to use it. Use denominated by immediate conversion or use is dominated by immediate conversion, right? You don't stay in the coin. Governance disputes repeatedly obstruct maintenance and upgrades. Too much arguing going on in the governance can really hurt things. Shielded use and retained balances growing across multiple measurements. That would strengthen things. Independent security

1:18:52work supporting confidence. Reliable wallets integration and payment routes, and of course safe protocol execution and clear economics. Three reasons you would want a coin. Spending demand. I need to make a payment. Holding demand. I want a balance for the future use. And income demand. Holding or committing it, like staking, right? Provides an economic distribution. You want that

1:19:23yield. That's kind of what they're saying. So, Zec has a clearer spending utility. A stronger monetary thesis needs holding demand, right? Ordinary ownership is not a claim on mining or company income. And not to be long-winded, we'll skip that example there. Shielded supply is not total value locked. Shielded supply is Zec coin inside privacy accounting pools. DeFi total value locked is assets

1:19:53deposited in the financial applications such as lending or liquidity contracts. So, it needs to be deposited to be TVL. Shielding does not automatically create yield alone or spending lock, right? It's just being shielded. That's it. A pool balance is also not a unique person count. How the scorecard breaks down. Wow. It It started off so good, too. I wonder what its final score is going to be.

1:20:28I don't actually know what the final score is, just so everybody knows. Sometimes I do, but I didn't make it that far when I was setting up the notes. So, how the scorecard works? Well, you have utility and value capture. Probably the two most important. I think that when it comes to our categories, it starts most important and then goes down. Second most important, third most important, fourth most and so on and so

1:21:00forth, right? Utility killed it, 20 out of 20. Value capture, 20 out of 20. And I think it actually deserves those scores. Tokenomics, 15. And competitive mode, 15. Security, 10. Catalyst, 10. Risk and unanswered questions, 10. Oh, that's just showing you how it works. I got ahead of myself. I thought I got like almost a perfect score. I was like,

1:21:26"Whoa, that's crazy." It actually got a 19 out of 20, which is super close. That's funny. Yeah, I totally got ahead of myself there. And we going to have it's already started in the Discord. There is going to be a complete setup with all of the different different token autopsies, the slides to go with it, the written information, the show, all of that stuff, right? And the what

1:21:52you may not know, because I think it's a lot of nice information there, right? And the what you may not know will eventually be like a preview and a lot of this stuff when we get to 40. When we do 40 token autopsies, the information, all collectively and nicely put together for you, is going to go behind a paywall. It'll just be $3. It'll be the membership. If you have a membership on

1:22:17the YouTube channel, then you're going to be able to see it. That's how that will work. But, as of right now, it's free and the The will still be up on YouTube, so you know, what you're paying $3 for is having everything organized and having access to the um the complete list of the scores of every

1:22:39token autopsy altogether for you, right? So, utility 19 out of 20. 13 out of 20 for value capture. Tokenomics and supply a 12 out of 15. Competitive moat 13 out of 15. Security and decentralization a five out of 10. That's not very good, actually. Catalyst actually really good, eight out of 10. And risk and unanswered questions, only a four out of 10. So, its score wound itself up a 74. What

1:23:17I noticed is that even the projects most people would consider good in our token autopsy only really usually land above a 70 somewhere. But to get above 79, aka 80, is a rarity. Two tokens have passed the token autopsy. Now, unless you're like a hardcore person who only wants to put their money in a couple of things, in my opinion, anything above 70 is

1:23:49worth investigating, right? Anything with a 70 score and higher. Here's how this works. 0 through 63 is purely speculative. 64 to 78 gets a watch verdict, and 79 and above gets a pass. So, Chainlink and Aave. Chainlink just barely got it. Barely got it. Got a 79. And Aave got an 82. But Sky, Hype, Pendle, and Tron very

1:24:23good. Pendle was actually supposed to be taken off. Cuz that was a show we were supposed to do and I was I was something happened. I don't even remember what happened that day. But something happened and I wasn't able to do the show. Doesn't happen very often, right? I'm here for you 6 days a week most of the time. That is 8:30 p.m. New York time Monday

1:24:44through Friday. Saturdays are at 10. Aerodrome 76. I'm just I'm just going to read the ones that are above the 70, right? Jupiter Polygon, Lighter, Zcash now included in that. Flare, which I'm super bullish on Flare. After doing the token autopsy, I can say that because I know where all the pieces on the board are. Tau 72, Filecoin 71 and then of course 70, that's up to you, right? I love V V V. I'd love to get it

1:25:14on a big dip, right? Please have a bad news article about V V V so I can pick that thing up at $5. But then again, who knows if it would ever recovery. It's all tongue in cheek. I'm kind of just kidding. I don't actually want to see that happen. So we're at 25 token autopsies. Really, I think 24 because I don't think Pendle ever actually happened. 000 says Zcash to 5K. Yeah. I mean, it could happen. It definitely

1:25:44could happen. Don't Don't get me wrong. So again Zcash gets a 74 out of 100. It gets a watch verdict, but don't let that get you down. The token autopsies are hard to pass. Like they're very hard to pass. You really have to have all the ducks in a row and not just like we have a buyback and burn. So we're good. No, that's not how that works. Not around here. Not on my watch. Private digital cash has an understandable purpose and Zec,

1:26:14the coin, is central to the product. Strong privacy and engineering does not settle sustained holding demands, security, assurance, or access. Respect the product. Examine the monetary thesis. Keep proposed upgrades in the proposed column. Don't just start putting them into what the project is when it isn't because they haven't happened yet. Financial privacy matters. Selective disclosure is useful. Better

1:26:42wallets can turn sophisticated research into practical tools. Users still need confidence in security. Access and the usefulness of retaining Zec token. Are people going to hold it long term? The 74 reflect substantial utility and meaningful unresolved risks at the same time. Zcash gives people a reason to hold Zec. The next test is giving them a durable reason to keep it long term.

1:27:11And then of course we have a bunch of the places in which we got the information, which is great, but I feel like you don't want to read those right now. Am I right? Am I right? What do I want to show off? I want to show off our website. That's what I want to show off right now. Cuz I know a few more people are here who weren't here before. Specifically double 0 zo. That's who I want to show this to.

1:27:36I know it's double 0 7 zo, but double 0 zo just just sounds fire to me. Anyways, crypto research for people who read the tokenomics. And you know what we're about. Here's latest videos that are posts, right? Latest drops. A link to all videos. Obviously you're on YouTube, you don't need that, but it's everything together. Merch. Now, why did I bring this website up? One, I want to show you the merch cuz we have some super dope merch, and

1:28:00there's more merch than this by the way. I'll go to that in a minute. But what I really wanted to show you guys was our crypto IQ quiz that I built. How good is your crypto IQ? I know a lot of people think their IQ is pretty high, but let's find out. So, test your crypto IQ, there's a button at the top. There's a quiz button up in the corner. And if you scroll down, there is a spot that says take the quiz. You click that and bang, you're here.

1:28:28Three different categories, can you pass all of them? Don't just skip to the advanced one. Start with the crypto fundamentals. Then you have DeFi and Web3. Right, automatic automated market makers, staking, L2s, stablecoins, bridges, tokenomics, and then you got the DGen or the advanced, right? MEV, restaking, oracle risk, rugs, governance, and security. So, what I would like you to do, if you pass one of

1:28:57these, when you get to the end of it, right? It'll prompt you to join the Discord or the YouTube. Obviously, you guys have already done that. This was built for my campaign that I just launched to make sure people know about our channel and what the point of our channel is, right? And to attract real crypto people. And it's piggybacking off of popular trend where there was a lot of

1:29:22companies going around with IQ testing and you would take the quiz and then you get to the end and then they want to charge you like $5 to like see the results or whatever. No money here being charged, but the point is at the end of it, it's going to give you a link to the YouTube or the Discord or both. But, at the bottom it'll say post to X. So, if you have a Twitter account or X, when you get your score, hit post to X and then tag me in

1:29:50that so I can see it. And that's what I think we'll be doing or you can screenshot it and put it in the Discord, the main hangout, whatever you want to do. I would just love to see how people do against this. What's your crypto IQ? And you only get 30 seconds for each question. So, there's a bit of a time constraint. You can't just go look it up. You better be quick on the draw if you want to go look it up.

1:30:18Dylan Carr says nice. Who is going to win our $10 in free cryptocurrency? So, let me say this, too. If you win the $10 in free cryptocurrency, you're going to want to join the Discord, DM me with a contract address where you want the money to be sent to. What type of money you want to be sent? USDT? Do you want XRP? Do you want Ethereum? Do you want Zcash?

1:30:51And then, of course, if necessary, you got to tell me the network. Like say you want Ethereum on base network, which is a layer two of Ethereum. You have to tell me that the contract address that you gave me is a base ecosystem, right? If you give me the wrong information, and I send you the $10, I'm not going to just send you more just because you gave me the wrong information, because this is a test of your

1:31:18crypto IQ. But honestly, I'll I'll I'll work with you and make sure that we got it right. If you're not sure about it, just ask me, especially if you won. I want to make sure you got paid out. The other thing I want to show you, I know I did it at the beginning of the stream, but for one, I really love the merch, and for two, uh we added new stuff,

1:31:45and I want everybody to see it, cuz not everybody who is at the end of the show was at the beginning of the show. So, we started with the t-shirts. You got like a high quality, right? Heavy cotton, and a more light quality what I would wear because uh it's hot as heck in normally. Not right now, but normally. Probably still be hot to most of you guys. For us, it's great. So, you got 35 32

1:32:11and 35 T. And then you got the mug. And the mug actually has two different I'm psyched about this mug. I'm I'm going to order it in just a minute here, actually. Is that you get one logo on one side, right? And a different logo on the other. So, it's pretty dope with a black inside and the black handle. I thought that was pretty cool. And then you guys asked for more stuff. So, what else was original? We got

1:32:38stickers. We got the desk mat. I made that because I really need a new desk mat and I don't really have one. So, I actually made this for myself. But, you could get a cool one, too. Then we got the hoodie if you live somewhere cold and of course the classic dad hat tee. And then you guys asked for winter hats, socks for blues guy, a bandana for Melissa. So, I went ahead and made those as well. If there's any other merch material that you would like

1:33:04us to have. This is just our Genesis drop, right? This is just the first Genesis. I have other logos. I have other There's going to be a lot of merch, to be honest with you. But, I don't want to roll it all out at one time. But, if there's a type of merch, like you're like, I want I don't know. Ankle socks. Like it just something else, right? Something I don't have here and you want it. Let me know and I will

1:33:26make it just for you cuz we're underground crypto family, right? And then of course, last but not least, follow me underground crypto over on X, on Twitter, on whatever you want to call it. You know what it is. x.com is what the actual HTML is. So, this posted pretty good. Bots in Eden. anybody hear about this? The AI bots got their own little

1:34:01pump.fun. It's called bot.fun. It's actually pretty funny. Right? Here it is, bot.fun. If you want a quick link to it, it's pinned at the top of my uh X if you want to check it out. Of course, we're showing off some of the merch. And I post about all kinds of things. This is kind of an update on a continued thread about syrup. I think it's all highly interesting, but

1:34:33that's because I love DeFi and I love the space and I love to know what's going on. The other thing, throw a 111 in the chat if you remember the game Panzer Dog that we used to play. Now, if you're here often, you know what I'm about to say. Play Kendra rebuilt the game. And it's called Ironwake, and it is way better. Way better than Panzer Dog ever was. And so, I'm pretty psyched about it if you

1:35:03can't tell. You come into like a quick play, choose your map. You could choose four different types of games, 3v3 or 5v5. We can open it up so that you guys can play as well. If anybody would like to come in, here's the room, right? Copy the link. I come over here and I drop that link on you guys so that you guys can join. And you know, we can play and we can have a game going while our digital game

1:35:32goes as well. It's pretty awesome. So, if anybody wants to join me real quick, there you go. 000 says that bandana bandana is nice. I thought so. That band I Melissa asked for the bandana, right? And so, like, she's the mod and she always is so helpful. She's always here when she can be. If she's literally not at work, she's here for us. And uh I had to make sure it was on point for her.

1:36:03So, I was checking y'all out on X. You got a pretty good swing. Oh yeah, you saw saw me golfing with the lifer. That was a lot of fun. I should probably pull that up, right? Just real quick. Can I do that? There we go. I mostly want to see how much reach that thing got. He posts so much, it's going to take me a second to find it most likely. There we are.

1:36:38Hey. And I had never been golfing before, right? You can't see the ball, so who knows how far it all went. For all you know, it went a million million miles. And then of course, he was showing me how to kind of pop it up. Oop. Up on the green. It was a ton of fun, man. I had a blast. It was super dope.

1:37:10Just wanted to show that off. It was the first time I ever went golfing as as I just said. But anyways, make sure you follow me over here. Who knows what cool stuff we might pop off. And then of course, Play Kendra is always building cool stuff. He He tags me and we're integrated into a lot of stuff that he does. We love to represent Kendra. Number one D5 game on

1:37:33Robinhood as far as I know. And if you really haven't been here in a while, um I have my third child. So, I have a lot going on. We will be getting back to all the D5 gaming and stuff. Right now, I'm just playing a little bit of game in here, right? Oh, it looks like nobody wanted to join me. Let's roll. I'll go in with the AI bots. Maybe I got to show the game off a little bit before anybody wants to join

1:38:00me, right? But anyways, uh we'll be doing a little DFI gaming sometimes at the end of the stream, but for the most part those DFI gaming streams will be coming back. We were for a while doing a stream and then we would end this Token Autopsy stream and we would immediately go to our gaming stream. We will continue

1:38:31to do this. What happened? Oh, man. I like lost lost the ability to move my tank. This 5 v 5 is is kind of wild. Thank you, Zo. I appreciate you. And yep, I had already had a boy and then a girl and then I just had another boy. So, you know I'm blessed. Although my daughter has been really fussy lately and I had a little bit of a fever for a

1:38:57few days. As a parent, you you worry. Even though I'm pretty sure she's fine and it's all going to be okay. Had to take her to the doctor today. Ate up most of my day, but I still I managed still managed to uh build a website and email chain list, all kinds of different things that we've been building. The IQ test, set up a campaign on X. Shoutout to Grok Bot.

1:39:26If you got a lot of projects or thing you things you've been trying to get done or you just want to put your like life on like automated mode, Grok Bot is so easy to use. Like so easy. It's what we all thought the AI agents were going to be and they just like never really were. Something you could actually have do something. That's what Grock Bot is, right?

1:39:54Come on. We winning out here. First I got to just got to fight this heavy hitter. Oh, he he had back up coming. Come on. Got him. Got him right at the last second. CCP says wow, you have three kids. Congrats. Kids are real wealth. Absolutely. I agree with that completely. Especially when it comes tax time, if you know what I mean. No, I'm

1:40:22just playing with you guys. I know people like that. But I appreciate you guys. And I appreciate everybody being here. And I just love my people. I'm a people person. So if you're watching this stream, you got questions, you want to reach out, you want to DM me, I I on a normal day I'm going to be able to get to you and say what's up and answer your questions.

1:40:47Don't ask me what to do with your money cuz I won't give you that kind of advice. But anything else, feel free to ask. Or if you just want to say what's up, feel free. Struggle Heart just messages me his delicious food when he's getting some tacos or something and I love that. I love to see what people got going on and he always manages to message me when I'm like hungry and thinking about

1:41:11food and then I just get a picture from Struggle Heart of like some dope looking tacos or something. I'm like, "Dang, bro. How did you know I was this hungry?" I don't know what viewer queue is. Crypto scramble. CCP is on it. He is very good at this board game. I got to give him credit for that. Lambo Hit him with the Lambo.

1:41:53Let's see what our XP is. Blues Guy is number one, CCP number two, Sat Seeker number three in our XP. Blues Guy is going to be number one cuz he's sending a super chat. Well done. Well done. Let's run another round of this 5 V 5. What plan do you have for Grock Bot? Dude, this interactive game board, I built that with Grock Bot. The uh quiz,

1:42:26I built that with Grock Bot. Um the organization of the Discord, built that with my Discord Bot through Grock Bot. Um all the merchandise, uh well, getting it all like put into the store and everything, did that with Grock Bot. It's just everything, man. What What How What am I not doing with Grock Bot is a better question. My other business, automating listings and stuff like that,

1:42:56Grock Bot. Grock Bot is phenomenal. It's $30 a month. $30 a month. I'm talking not paying attention. I got to emote. But for $30 a month to basically put your life on automation, come on. You can't beat that. You know what you could do? You could take all your bills and you could put

1:43:23just reminders, right? You don't have to give it information. You don't have to like make it pay your bills, but you could. You definitely could do that for most things. But, basically just have it remind you all that stuff. Anything that you are having trouble getting to or remembering or or whatever you want done, maybe even for your job or your business, Grockit got it. And I'm just

1:43:48saying this because of how incredibly useful it is. I don't have a link. I don't have an affiliate link to shill you or anything of that nature. It's just super dope. Don't worry, there's enough people on the internet with a Grockit affiliate link to shill you. But, if you are thinking of signing up, uh let me know and I will go get an affiliate link. But, yeah, I've really been enjoying it. There's There's like nothing it can't

1:44:16do. It's incredible. When it put together the the the the ad campaign that that quiz I built for it, the quiz to do the ad campaign, when it built the ad campaign in the X manager and gave me the whole breakdown of like what it did and how it did three different categories to It was It was insane. And then it maximized my money to the point where like for not that much money, relatively, a

1:44:46little over $100, let's say, reaching 2 million people, super dope. Now, we'll see how it goes. That's intended. That's what's intended for it, right? We'll see what actually happens. Let's run some 3v3 ranked, right? I think I've figured this out enough to actually uh fight some people. Let's go with that 3v3 ranked. See if we can't can't win some.

1:45:18It says, "Okay, I'll check it out." Yeah, it's super dope. And if you have any questions, message me cuz I'm highly familiar with it. And remember, if you use it, use the voice to that voice to text function. Sorry, I just drank a huge sip of coffee. Um, use the voice to text function. Don't type everything out. That's what makes it tedious. Make it easy. Make it simple.

1:45:46Let's see. Can we even find a 3v3? This game is so brand new. Let's make a post about this. When said that he was going to make this game, I was super excited. I had no idea it was going to be as good as it is. Absolutely knocked it out of the park. Exclamation point. But, it's new and not a lot of people know about it and I need people to play

1:46:44this with. So, if you love some Defi gaming, if you love Kendra, then check this out and let me know. Of course, it always spells Kendra wrong. >> There you go. Live posting. I don't know who that is, but maybe Oh, they got Dexter in there? No, they know about Dexter? Oof. Anybody know what Dexter is?

1:47:54I can never remember if I actually bought some Dexter or not. It's a long shot. Let's just put it that way. Struggle hard. Glad to see you're still here. And yeah, I'm trying to think of what other announcements I have. Um What One thing I'd love to say is I'd love to see people a little bit more active in the Discord.

1:48:17I know we're all busy. Don't get me wrong. But it's a great place for us all to stay connected. Don't feel like you have to have like the most amazing thing to say. Struggle hard, you can post pictures of the tacos you're eating. People will love that. It's a place it's underground crypto, right? It's not to be overly formal. Now, that doesn't mean come in there cursing up a storm and making us look

1:48:41bad, but like don't be overly formal. Tell us what you got going on with your life. Tell us how you got into crypto. Tell us what you're thinking about right now. You know what I mean? How you're feeling about the market, this that or the other. Check out as well Satseeker if you look in the links here. Let's swap over here. I want to show this off. Let's go to hopefully Satseeker's still

1:49:04here. Go to the Discord. So, when I'm posting tons of stuff over here, I know everybody's busy. No sweat if you missed it. Posting some stuff about uh my reselling business cuz I always tell every people at you know, at the end of the stream I got to go. I got a bunch of work to still do even though it may be midnight or close to midnight. So, I still wanted to show off a little bit

1:49:28uh what exactly I have going on. So, Sat Seeker's got some cool stuff. Let's go to the TA channel. Now, Sat Seeker has a channel and what he's doing is this really interesting 5,000 to one Bitcoin. Hopefully, I got that right. But, um check it out. He has a cool channel. He does a lot of TA and stuff like that. Of course, I'm a lifer. So, if you really love TA, don't sleep on the Crypto Lifer channel and that

1:49:55goes for Sat Seeker as well. If you don't know who the Crypto Lifer is, uh you should. But, I have a feeling you do and also um I've seen you do TA, obviously. I've watched some of your videos. You definitely have your own style, but you definitely seem like you know what you're doing. Anyways, just don't sleep on what we got going on over here. We got the DeFi Hangout with all kinds of news. Again,

1:50:18it's different than anything I post anywhere else. So, if you follow me on X, don't feel like, "Oh, I don't need to look at the DeFi Hangout news because I've already seen it all." Totally different stuff I post over here and it's for my degens. It's for my DeFi people who really love Web3. Of course, we got GameFi where we talk about games. Here we are talking about Iron Wake. Then, you have the board game down here

1:50:44where you have all the rules and everything. If you don't have access, if you don't have some of these tabs, please let me know and I will have it taken care of super quickly. And I just remember Blues guy said he doesn't have access to uh the rules on the game board or maybe he doesn't know where it is. It's under GameFi. We recently reorganized everything if you didn't know.

1:51:11All of that fun stuff. Social media, again, here's where some posts are if you want to quickly look at the Sat Seekers channel or Seekers channel. But also, social media is for us all to stay connected, you know? Post your um post your social media if you want us to follow you. If you want to stay connected, you want to see my I want you to see my posts, but I want to see your

1:51:37posts, too. So, go ahead and post that over there. And then, of course, Health is Wealth where we post what we got going on. Still Nasty. I haven't seen Still Nasty in a while. I got to comment hit and make sure that he's doing well. Anyways, the other thing that I really want you to know is that the Crypto IQ quiz you can get to quickly. It has its own tab. If you don't know how to get there and

1:52:03you don't know what the website is, but if you don't know what the website is, come to the links that you need. It's all organized for you. Of course, they're all up here. They're all posted. But, if you want them nice and organized, got exchanges that we work with. Weeks kind of my favorite. Little bit of fees. Coinbase. If you don't have a Coinbase account, I don't know what you're doing. Coinbase is the easiest thing I've ever

1:52:28used. If you just want simple easy use, Coinbase is it. BitMart, actually I need to take BitMart off cuz they went out of business. Anyways, ignore BitMart. Of course, Ledger wallets. If you want a Ledger wallet, I still use Ledger wallet. Do not let the news around the Ledger wallet nonsense scare you. What happened was real, all right? Let me just tell it straight. But, it had nothing to do with Ledger. A

1:52:53third-party company who is a distributor, right? Who buys them from Ledger and then sells them, right? But, is considered like a trusted source, actually went into the devices and implanted a piece of hardware in an eSim so that it could communicate the information out when you set it up. That is called fraud. And that fraud had nothing to do with Ledger. Also,

1:53:20it had nothing to do with the Ledger technology. And Ledger has responded. Matter of fact, let's show this off in a minute. I'll pull that up. Ledger responded with a brand new device. Very interesting stuff. So, I got to I got to shout out Ledger a little bit cuz I think they did the right thing. And then also, remember they didn't do anything wrong. It was a third party.

1:53:41It's like if I went and bought a bunch of any type of hardware wallet and I knew what I was doing and I manipulated them in a similar fashion or something, something that gave me the ability to get information and then I sold them to you on a third party like eBay. And you bought it and then I stole your money. Is that really the company, the hardware wallet that I bought's fault? No. And remember, it was also customers in Southeast Southeast Asia.

1:54:07So, I live in America. Most of you guys don't live in Southeast Asia, I don't think. And hopefully, you did not buy one of these wallets. Anyways, Web3 games. We show off a lot of Web3 games. Matter of fact, I got to give my Twitter bot I'm sorry, not Twitter bot. Discord bot. This link. And you will see that integrated pretty

1:54:49quickly. Anyways, so that was a web 3. You have your earning social. Shout out me max. And then of course your casino that I still like to mess with. That's all there. We haven't done a casino game in a long time. I think I I will do that here very soon. Look at that, right before your very eyes. Iron wake added in by the bot. And then of course I do want to also

1:55:25shout out if you see This is my normal, right? This is me normally. And when you see the bot, it should say bot. Yeah, underground. This is the bot. Just so you know. All right, I think that covers everything that I wanted to say about the discord. Don't sleep on the discord. We're only going to be implementing more stuff for you to check out.

1:55:50Now let's hop over to ledger real quick. I want to look at the new ledger device. products Here we are. So this is the new ledger Adam. Seems pretty cool. How do I check it out? Yeah, discover. I want to discover this Adam. I'm like it's a phone? I'm so confused. Wow, it is like an entire cell phone.

1:56:26That's pretty crazy. This is pretty sick. So I think this is actually integrated on your regular phone. I'm I'm a little lost. I know I just heard about this product coming out, right? Of course, if you are going to buy any ledger or anything and you want to support your boy, please use my link. I honestly don't remember what they give me, but I know they give me something. So get privacy and control plus everyday

1:56:55app and ease. Don't be This is all about um agentic networks and AI agents. It's somewhat in no response to what happened and things, but not really because it was already being built. So, no money moves without your personal physical approval. Ledger Adam protects you automatically managing transaction logins and sensitive data. Secure it when it matters most. Every time you're about to approve the transaction or set agent

1:57:25permissions, Ledger OS operating system takes over the whole screen. Quantum by Quantum ready by design, a huge narrative, of course. It's got the privacy switch. Cut the cameras on and off. I think this is like a whole cell phone. I'm I'm not even sure. I'm like, is this a product? Yeah, this is like a whole cell phone. So, you got exclusive founder pricing. Uh $50 BTC voucher, premium protect This thing is cool, though. I It's not out

1:57:55yet, I guess. You got to reserve it. You can put a $100 refundable deposit down. Again, this whole thing is built about agentic networks and stuff, right? Ooh, I want the clear one. Clear one would be fire. And then, of course, here's all your specs. It's pretty dope. I got to say, I like it. All right, I'm running another round of this Iron way. Oh, let's run it on

1:58:45Let's refresh this. I'm like, why is this not working? >> Run another round of this. Just fire. Fire all day. Oh, I almost got the spot. Where you guys at? Somebody captured the spot. All these bots. I need all bots on the Just never stop moving or they will get you. All right, we captured it. I liked it in this type of game, it

1:59:54moves, right? Yeah, it moves once you capture it. Which is nice cuz it like moves the fight somewhere else. Hide behind this box, right? Oh, we secured it, which means I don't need to sit here. Secure the spot. It's like capture the flag except for the flag moves. Ooh, don't let them steal my Let's go. We got the shield. Now I'm ready to run up in this spot.

2:00:34Oh yeah, let's hit that E. Emitter thing. I don't know what it does, but it does something. Yo, what is this little thing that pops up? It's super annoying. What? It just kicked me out. Was that Oh, no, it put me back in. Nice. I do like too when you like for whatever reason disconnect and you go back in as long as the round is still running you

2:00:59can get back in. See, does it always air drop something? Don't steal my air drop. Ooh, we got some flaming shots. Regroup. Play Kendra says is that 5 b 5? Saw your tweet. Yeah, it is. I got hardpoint 5 b 5. I think that's my favorite right now. I need more people to know about this game so I can run some uh some ranked.

2:01:44Tried to run some ranked rounds and there wasn't wasn't like enough people or something. Saw a lot of the stuff that you had shipped here recently in the last day or so, but I haven't got to get on Kendra Arcade and stuff and really see it. The pool table looked dope. I saw the post pretty quick. I'm not sure if you would implemented that Play Kendra or if that's coming, but either way it was pretty cool.

2:02:10Dang, I really wanted that. That air drop. The bots never want to get on the spot, but they always steal your air drop. I know, I'm a rapper. Ooh, he had that perfectly timed. Almost like he was some kind of bot. I love the speed, but man, no damage. Just out here licking shots. Lickin' shots. What you all know about

2:02:50that? What you all know about that? A duppy man. Sorry. Sorry. The Jamaican side of me came out a little bit. I apologize. My label tells me that's bad for business. Just kidding. It's just me. Everything you see that I do it is just me and Crockpot. Come on.

2:03:38Yeah, that's already on. I thought so. But I didn't want to say it was and then give people the wrong information. Of course, I love D5 Friday because that's generally when I get to do the most D5 gaming of the week cuz there's a lot of stuff going on and we're super busy all of the time. Pop back over. Bang. Bang. Love that. Absolutely. Oh, man. Iron Wake is at least 10 times better than Panzer

2:04:15Dogs ever was. What's going on with Yakuman? I'm going to hit this. Some stuff to claim. I'm just stacking it. I think I'm supposed to have already opened this stuff, but I have no time to look at that stuff. Shout out, of course, to Sunflower Land where I upgraded to a new island where everything is an NFT, by the way. Just want to show off I finally made it to the desert island. I just want to

2:04:48show off the desert island and it's tiny and I have to re-upgrade again and I'm back to a tiny island. But let's go check out Kendra's stuff. Sunflower Land for another day. What happened? I went to Kendra. There we go. Again, there's 10 new visuals, if you didn't know. Let's check it out. I wasn't planning on doing this tonight, but let's do it. At least as quick as I can. I say quickly, but y'all know me. It It

2:05:22probably won't be quickly. I need to make a new character. Oh, there was some house upgrades, right? Oh, no, it was new furniture. It was new furniture. Hit that house. The house had already got like a whole overhaul. You said there was like 31 pieces of furniture? There's no way I can fit 31 pieces of furniture in this little tiny house, though.

2:05:59Oh, what was that? Decorate. All right. In your home, we got four items. I have all my items implemented shop. Let's get to shopping. A mountain of gold. I need a mountain of gold. $10 in Kendra. You're crushing my dreams. And it's burned. I love that, too. I need to build a I need to build Yeah, I need to build a bigger house. No, I need to buy a bigger house.

2:06:38I got to think it through before I spend. So, now we have 13,000 gold. Ah, this is where I can move everything. It's kind of fire. Think I want I want this. Yeah, yeah, yeah. Let me have that. And what do I do to want to turn it? Okay. This is confusing. I need it to stay in one spot while I turn it.

2:07:10There we go. I want it right under this window next to my bed. So, when I'm sleeping I can keep an eye on all my money. Dope. What do I have in the bank though? Oh, I got 27k. 27 gold, 27,000 gold in the bank. Nice. Hit that amount and we are off. Oh, not this guy. Me and Melissa fought this guy I think before the upgrade. And yo, he was way too difficult.

2:07:44It was very hard to kill him. And then at any point you can put {exclamation point} board and it will tell you and anybody can do it. It'll tell you who is in the lead. CCP You believe CCP hasn't got a full lap yet? That's wild. Blues guy was on spot 23.

2:08:17See, Blues guy figured out how to play it. I had faith in you. I had faith in you the whole time for the record. I knew you could do it. All right, let's run over to that arcade real quick. I love the visual upgrades that have been going on lately. I don't know if you've had another one, but it looks even sharper than the last time. I haven't been in the casino in a while. I might need to go over to the casino.

2:08:51All right. I like being on the mount though. I feel like it makes this room fuller. So, the billiards game, is that in the casino? Did I get it mixed up? Is that my fault? Kindred party is a lot of fun. And the Kindred originals. Huh, I think maybe I'm supposed to be in the casino. I might have got that backwards. Where is the pool table?

2:09:30Maybe I'm not understanding. I thought there was an actual pool table. I swear there was an actual Oh, let's get the free spin. I couldn't roll in a long time. Huh, I haven't done anything. It seems to be working. Free spins, we got two left today. I want to hit that jackpot. Let's go. I like that you get two free spins now and not just one free spin. It's pretty sick.

2:10:09So, jolt stack. Okay. I know that game. Originals. I should have high score on pretty much everything in here. Kinja party, I know that one. Coil. Oh, yeah. I believe he changed Coil. Ooh, got my own tail. All right, let me get out of here. Oh, that's why.

2:11:11That's why you hadn't made the full app yet, right? Dang, Z Z P got 13 tokens? That's crazy. So, what y'all think of the token autopsy tonight? About Zcash. Did anybody learn anything about Zcash? These pinball machines are like they're way too small. Oh, that's high score. I'm lost. Where is the pool table?

2:12:02I'm definitely missing something. Is there another level? Maybe there needs to be like an upstairs. Yeah, let me out. Sad seeker. What's up? What's up? I don't know if you were here when I was showing off your post in the Discord telling people to check you out. Yo, where's the pool table? There's like a lounge or a hangout or

2:12:35something. Maybe that's what that is. The trading floor? I could go look at the post, but it's also way more fun. Oh, this looks so much nicer than it did before. This is sick. Let's get off the mount. Trading floor. Now it looks all very royal. Like how you have Kindred on every side just for anybody who didn't know. And of course

2:13:03it's a bit of a red day. When do we go uh when do we go virtual reality, Kindred? Cuz I'm here for that. Oh, we got to put that we are live. So people know that we are live. And live right now. Okay, how do I get out of here? I want out. Yo, whoop whoop whoop. What's going on here? Go away. What's going on?

2:13:35All right, I should be able to go out the door. There we go. Where do I buy a nicer house? Oh wait, this is the tailor. He does not have nicer houses. The bank, the blacksmith, and the market. Must be the market, right? Property. That's what we want. We already got the cozy appointment. So 20 apartment appointment. Beach house, island villa. So we might as well just save up 75,000

2:14:16gold for the beach house, right? Is there really another move or the Isles villa? I think that's the move right now. I wanted to play pool. Where is the bill the billiards? I'd love to see more people playing Kendra right now. Kendra cup going on. I am pretty tired. I don't know if I have it in me to play any more games tonight.

2:15:00So, let's do some Twitter doom scroll real quick. All right, if you have rolls, use them. Uh because we're going to be wrapping up the stream soon and I want to announce the winner. If I gave you a thousand right now to buy an altcoin, which one would you choose? Probably flare. There I think that there is a um I think there's like a 30-second delay

2:16:04in between rolling. Try it again. I think if you do too many of them I think it's a safety to try to not let it get overwhelmed. Yo, what is this? I don't even know what this is. It's wild. The movement was cool. Why does everybody want to do these pixelated characters? I I think that I think that sucks.

2:16:46TCP, try the roll again. I think you're winning anyways. I see as it degree that's hilarious. I hope whoever stole my Amazon package was also planning on being a RuneScape bot for Halloween. Hilarious. I don't know anything about RuneScape really, but I get it. I get it. How how all my Hexagons holding up? PulseChain gang, how y'all holding up

2:17:26right now? Oh, that felt amazing. What else we got going on out here? Some botting. They're using bots to save injured people. All right, that's interesting. >> Hopefully X doesn't put anything too crazy on here. Pixels online. So we're going to defy Oh, who's that? I think that's me. Check it out.

2:18:23New web 3 game. Farm session. Why does everything have to be farm? Might come up with your own ideas. We've done farm too many times. I can only have can only have so many farms, right? Cross between pixels and sunflower land. We already have sunflower land. Stop making farms. I'll take chimp champs over any more farms. Our testnet beta is now open on Robinhood. Explore the island, dig for

2:18:56treasure, go fishing, meet champs. All right, chimp champ. I want to copy link address. There we go. Let's go post that in the discord. Under game five. New game. I'm posting this for myself so I can come back when I want to check it out. Exclamation point disclaimer. I have not actually checked this out yet. And we'll delete it if it's no good or

2:19:37if it's junk. Be wary and know that if you click on links on the discord, it is at your own risk. All these people building games with uh with Claude. Very interesting. The problem is when everybody has their own game, who's going to play other people's games, right? He hold hold the tension. Hold the tension.

2:20:12Why does he look so shaky with that knife? Why is this robot worried about his fingers? Oh oh, the guy has to come back and fix it. That's pretty funny. This is This robot cuts stuff like like a scared child. He's like the new guy in the restaurant, if you know what I mean. If you've ever worked in a restaurant, yeah, prep cooks and stuff. You got like a new prep cook. He's crushing it. This is exactly what a

2:20:44a new prep cook in a kitchen does right here. I think they modeled it off of a guy's first day in the kitchen. Pretty funny. Meanwhile, you got this guy who's about to dice an onion in seconds. Okay, we could be moving a little faster, my guy. Let's move a little faster. Cut it in half. Yeah, peel it. And throw it in an onion in an onion chopper, right?

2:21:22Yeah, I would have did that in advance. Just Just get into the Right? Teaching people how to cut. Just Just do it already. Just do it already. If you like me, comment if this guy's taking too long. I just want to see the the opposite, like a human just like dice out some stuff super fast. Yeah, that's hilarious. Florida man rents a Corvette for the weekend, installs NOS in the parking lot, takes

2:22:00it street racing, and wins. America's dream is live well, except for this looks like it was done in the '80s. Yo, this is sick. Uh GTA 6 better have a car inspired by these boosts. Where I get my news from? It's pumping, it must be real. Hilarious. When you really only want D5 gaming stuff. And then he walks into like the wall. Yo, this portal jumping

2:23:06looks super fire. We're just Twitter doom scrolling right now. Says no roll. Let's see something. Let's see something. Let's ask the bot. We're live right now. I have somebody who has been rolling and playing the game the whole time and then suddenly is unable to roll. It's so funny. I'm I'm pretty sure I

2:23:48know exactly what it's going to tell me and I should have just did that right away. So here, I'm going to just fix it myself real quick before I have the bot actually tell me. Bang. All right, now try. Struggle heart says, "Thanks again. Later, everybody." All right, struggle heart. You leaving us? I get I guess I can accept that.

2:24:18Sat seeker says, "Appreciate shout out. Absolutely reliable J still in the building. Shout out to my kindred. The pool table is the furniture for your home." I misunderstood the post. CCP, type roll for me. Pulse right now. Is this Richard Heart? Pretty funny. All right, let's come up over here. Let me do Maybe YouTube banning you? I don't think

2:25:42so. I don't think they just ban you for Oh, just typed oh YouTube banning me. Why would YouTube be banning you? And if they were banning you, then how come you would be able to How come you be able to type everything else, you know what I mean? Oh, no. There you go, right? Oh, YouTube thinks you're spamming. Yeah, I guess you are typing a lot, but

2:26:26that's really silly. I mean, I get it, but come on now. How can we have an interactive board game if they get mad when people play the board game? All right. It has hit 11:00 p.m. and like always, I have a bunch of stuff to do. I still have a bunch of work to do and it's almost midnight. And I'm sure I'll have to get up early. So, I hope everybody enjoyed the token autopsy. I appreciate everybody being

2:26:57crypto family. All the stuff we're building lately, hopefully everybody is caught up on all of the stuff. Smash that like button, subscribe. I don't know how many times I can say that in a stream, but I'm going for a record. I'm going for a world record here. So, let's announce the winner. I I think I know who it's going to be. I also want to try out all the visuals.

2:27:25Three laps. Three laps. So, but I'm going to try out like all the visuals real quick cuz I haven't got to do that yet. I built them last night after the stream and I didn't get to test them all. So, let's do that real quick. I'm going to go pull it up. Shout out to CCP for winning. You know how to collect if you want to collect. That's your own business. I'm not going to twist your arm to take my money.

2:27:52Let's go to What do I want to do? Discord. And let's go to the board. Go to our new stuff. Bang. Here we are. And let's try some of these out. Personally, I think the new board looks way better. Frozen on my phone. Why Why am I frozen on my phone? There we go. Only on my phone am I frozen. What's up

2:28:44with that? Hey, there's the Lambo. It should say wind moon. That should have been for you. Come on. Let me get to the chat. All right, fixed it. Hey, Reliable J hitting my favorite one. I guess I'll just watch you guys do them, right? Not going to make it. For some reason I think the quality looks sharper without that other

2:29:57Why is that like a dinosaur and not a bull? Hey, look pig. Play Kindred's on the board. Oh, the board looks so much nicer. I don't actually get to look at it. 007 Zoe, he never picked a piece though. Liquidated. Yeah, that's sick. Go team. Let's see. So, we did bull, bear, we did air drop. Oh, I want

2:30:51to do air drop. Oh, somebody just did air drops. All right. Lambo. All right, which one haven't we done? Laser? Somebody's done laser before. I've seen that one. Just want to make sure everybody's familiar with all of them. I think the one I thought would be most popular that I haven't seen a lot is fireworks. Laser eyes.

2:31:24Yeah, that I I that one. I like laser eyes. That one's dope. Coin rain is a good one. A lot of the visuals are pretty solid, honestly. Make it rain. Got some Bitcoins in there, but those other logos don't match. Yep. Oh, I got rugged. I went two, went back three. That's not fair. Let's hit another roll. There it is. All-time high. It went off.

2:32:22It worked, CCP. It just took a second. There's a delay. There's like a 20-second delay between the chat. Turning the game off. And we'll hit winner one more time just to throw it up there. Congrats to CCP for winning once again. He crushes this game. Super dope. And we'll be back 8:30 p.m. New York time tomorrow with another

2:33:00token autopsy in the Discord. Somebody Somebody give me a coin you want me to go over. Otherwise, I'm going to pick coins I want to go over. But, I want to go over coins you guys want to go over. I just happened to have Zcash up my sleeve because I knew 007 Zo had done well with it and was a fan of it. So, I pretty much did that for him even though he never asked me to do that. Other than that, everybody have a good

2:33:26night. We are going to reset the board on the way out. Everybody have a good night. Stand your ground. Stay crypto. I will catch you in the next one, which is tomorrow. Come back. Figure out what we're going to be doing. Oh, yeah. That's what it is. Sat seeker token. I knew there was one I was going to do Monday for somebody. You just remind me. Okay, tomorrow we're going over Canton. And I'm going to write it down so I

2:33:53can't forget. All right. I went to write it down and I realized I had already wrote it down. But I'll try not to forget. Canton token on top. See you tomorrow. Thank you for reminding me, Sat seeker. Appreciate you. Stand your ground. Stay crypto. Catch you in the next one. Later. You're welcome. Catch me in the Discord. Somebody tell me what they're actually looking at nowadays.

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