Review on Zcash by Gabriel Medina
Corporate ZCash
ZCash is a decetralized project. ZCash's open source code is based on the original bitcoin base.
ZCash is a digital currency, or cryptocurrency, like bitcoin. With ZEC, you control the information you share. Shielded addresses and their associated balances are not visible on the blockchain.
Its structure is designed to process thousands of P2P transactions quickly and safely.
Payment disclosure and special view keys can be used to share transaction details with trusted third parties, for regulatory compliance, or for audits.
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Pros
- Maximum offer and controlled issuance.
- It can function as a digital financial instrument with selective privacy.
- It does not require ASIC equipment to mine.
- Your ZEC cryptocurrency can be mined.
Cons
- Selective privacy.
- It has gradually become a corporate entity, which differs from its essence of decentralization.
- Anonymous cryptocurrencies are subject to regulations and are highly susceptible to volatility.
