Review on Zcash by gemma soubi
ZCash
The zcash token is known as the ZEC symbol and is based on blockchain technology and a decentralized network, so that transactions can be done with the utmost security and without the intervention of others.
Zcash, like Bitcoin, Bitcoin Cash, and Bitcoin SV, has a limited number of coins, and 21 million coins are offered over a period of 131 years. But the difference between zcash and bitcoin is that the reward for creating blocks in Zcash is almost 4 times higher than for bitcoin, because its blocks are created in 2.5 minutes.
Zcash co-founder Zuko Wilkax believes that if we consider Bitcoin as the http protocol, zcash will be the same as https. This means that zcash is designed to be more secure in transactions and to better protect the user's privacy.
It should be noted that although both transactions are stored in the Chinese blockchain, the security of the network is so high that data such as transmitter information, 1 receiver and the amount of money transferred remain hidden.
Zcash developers say that zcash is a new digital currency blockchain that enables confidential transactions in the public blockchain. This digital currency enables new businesses, customers and new software to hide data that they want to hide from others while using a global blockchain.
Pros
- It doesn't just use one technology to increase security, it uses several encryption technologies simultaneously.
Cons
- can't find
