Need to change blockchain location to external drive. I tried to use aliases, changing the .conf, and tried to open the app in terminal with -datadir= following it. Nothing is working or I must be doing something wrong

Why don't more people use ZEC going into DeFi is a question beyond me. To me privacy and DEX should be an essentil partnership. Ethereum has security but no more privacy than BTC. As far as I know there is no way to get XMR onto Ethereum and until then ZEC is the most private and anonymous option. I REALLY think that ZEC is not only undervalued but underutilized. I know that getting ZEC shielded is too many steps but once there it's not that bad.

Thanks to RenVM and RenBridge it is super easy to mint renZEC on the Ethereum blockchain which can be used in DeFi. I have yet to find anywhere with the yield farming or much for liquidity pools but privacy has been my focus not farming gains. It has been interesting exploring this because I was able to get into UNI and get ETH without my ID needing to be verified anywhere along the way. Personally I have only done KYC with 1 exchange and I would like to keep it that way. All of this aside I would like to share the steps it would take to ensure privacy going into DeFi on Ethereum with ZEC.

Step 1: Buy ZEC. Now for me I exchanged for it through Exodus Wallet because it is a no KYC exchange option(refer back to my note of only 1 KYC done). But I will use the example for a user from Gemini exchange as they just added the shielded withdrawal option.

Step 2: Shield it. You will need a shielded address compatible wallet and for this I would suggest ZECwallet Lite if you don't want to run a full node. It is what I use and I think it is perfect for what I need in my privacy coin wallet.

Step 3: Create a new t-addr. For this I use my laptop, phone and iPad for various wallets. In order to keep it fresh you can have one time use addresses or use the same one for DeFi, just keep it seperate from your main wallet for maximum privacy. A note here is make sure you don't send the same amount to renZEC as you sent to the shielded address, this is to avoid a time/fund correlation giveaway.

Step 4: Send to RenBridge. From here you just go to RenBridge and link your ethereum wallet to mint renZEC. It takes about 15-25 minutes for all confirmations to go through.

Step 5: Go do DeFi.

Step 6: Cash out. So you had some fun and made some gains and now you want to cash out. How do you get the money back to your exchange? Well you first swap your tokens or ETH or whatever you got from Uniswap to renZEC. Then you send the renZEC to RenBridge simply reversing the process, send renZEC to RenBridge and receive ZEC to your ZEC wallet. This is where I am yet to find out if shielded addresses are compatible. For now the best option for privacy is again creating a new, one time use wallet. Or use the same one it is up to you. But ultimately you want it back to your z-addr which does not need to be different everytime, just the t-addr should be one time use. From there you can send to your exchange t-addr or in the case of Gemini and I believe Coinbase Pro as well you can send from a shielded address.

I am still exploring this scene and the DeFi space more and learning every day. This process will change as new developments come along but this is process I found that works. I am surprised there aren't more users of ZEC into DeFi. I wanted to share my learnings so far just in case anyone else had the same questions as me about privacy in DeFi, RenVM and renZEC.

I see the market cap for renZEC is pretty low still but obviously there are some people developing and using it. I have a few questions about it while also just seeking general information for anyone else that has experience with it.

Have you used renZEC or done the process of wrapping ZEC in Ren Bridge? What are the technical risks and ways I can fuck up or is it fairly straightforward?

If not, are you interested in it or looking into the concept at all? Why or why not?

Can renZEC be shielded ZEC wrapped? Bringing shielded ZEC to DeFi would be game changing kind of stuff. I think privacy coins and DeFi make sense. It would be on an Ethereum smart contract so obviously the DeFi usage would not be private because Ethereum is not but to be able to deposit and withdraw shielded ZEC is good enough because then it would only be traceable as Ethereum based renZEC not actual factual ZEC. Unless for renZEC the shielded address needs to be known.

Just sharing a list of Telegram channels that I personally use. Feel free to add-on.

Trading:

• @GoldenTrades (Signals and strategies explanation)
• @StockTechnoFundaIdea (Stocks ideas)
• @Share_market_Trading_Tipss (aTips)

Economics:

• @entrepreneurialjourney (Group for sharing thoughts about startups, but lots of spam)
• @startupsi (Business ideas)
• @wallstreetjournal_news (World economy)