1 Level
14 Review
4 Karma
Review on Zcash by Gulak Adebayo
Zcash is a cryptocurrency designed to use cryptography to provide our usersโฆ
Zcash is a cryptocurrency designed to use cryptography to provide our users with greater protection against other cryptocurrencies such as Bitcoin. The Zerocoin protocol was improved and transformed into the Zerocash system, which was then developed in Zcash crypocurrency in 2016.
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Pros
- Zchash payments are displayed in a public block, but users can use an optional privacy feature to hide the sender, the recipient, and the amount that is made Similar to Bitcoin, Zcash has a total fixed delivery of 21 million units
Cons
- Peter Todd, one of the six participants in the Zcash installation ceremony in 2016, expressed doubts about the integrity of the software used in the ceremony, saying the process should not be called multiparty computing. exploiting malicious software in a reliable configuration would allow the attacker to cope with the unlimited currency zcash
