Why I'm against ZSAs: 1. Aleo, Penumbra and others already have shielded assets with little success. 2. For any actual ZSA use case, a smart contract chain will always be a better fit. 3. Expands Zcash's attack surface and complicates the codebase for years to come. 4. Dilutes ZEC's value proposition. 5. Success scenario is actually dangerous: stablecoin issuers gain kingmaker power over forks by choosing which chain holds "their" asset in case of a hard fork. 6. Stablecoin issuers require blacklisting, freezing, and surveillance features—the opposite of what Zcash stands for. 7. Opportunity cost: every hour on ZSAs is an hour not spent on core privacy, UX, and adoption. The best case for ZSAs is weak. The worst case compromises what makes Zcash worth building. Zcash 🛡️

Name & Symbol: Aleo ($ALEO)
Address: 0x6cfffa5bfd4277a04d83307feedfe2d18d944dd2