1 Level
5 Review
5 Karma
Review on Zcash by Mitchell Angus
Zcash is a decentralized and open-source cryptocurrency that,s why i like
Zcash is a decentralized and open-source cryptocurrency that,s why i like
Pros
- The enterprise was funded by private investors, this means that we can exclude the situation where the blockchain is manipulated; – Nobody can take the custody on your own tokens; – High security is the main principle of the company; – The platform isn’t built on Bitcoin blockchain, so you do not need to worry about attacks realized on the highest cryptocurrency in the world – Bitcoin.
Cons
- a single Zcash coin will cost USD 458.23. Well, talking about the future, like every other digital coin, Zcash’s price is volatile and subject to constant changes. As per Poloniex statistics, Zcash had a very good time during its launch. At that time, the high demand of this digital currency led its market value to rise way above two million dollars.
