ZK-Snarks - highly problematic privacy approach that you seek-consider alternate tech?

[zumbatan]

HI HCash! FIrst, let me say what a great value add you bring to the blockchain world with your project!

But in the community there are doubts concerning the highly important matter of privacy. Bitcoin, Ethereum, IOTA, the whole blockchain market is basically eyeing on a simple and trust-less way of achieving private transactions. But yet you speak of implementing (as i read in your paper) the ZK-Snark solution. Why? EVeryone tries to get away from trusting ->to trust-LESS, and yet you choose this tech?

Or are you still in the brainstorming process which tech to use in the future? Because look at this astonishing troublesome facts (yes, undistputable facts) of ZK-SNarks : 1 requires a one time trusted setup to generate initial parameters 2 Incorrect implementation or leakage of trusted setup parameters can lead to forgery of coins and creation of coins out of THIN AIR 3 Money/Coin Supply cannot be audited, therefore forgery can be highly difficult to detect, it offers tooo much intransparency, unneccessary and dangerous.

Now Ii am just some guy one of millions. But maybe you give a thought how to achieve similar goals by a tech which does not rely on a "trusted setup" or "trusted initial parameter inputs"

Privacy ideas without trust are for example currently ZK-Starks, or Styx, or Monero or Stealth addressses, but you know more I bet.

THank you for considering?! And best of luck:)