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Review on Zcash by Eze Gold

Revainrating 4 out of 5

Zcash is a peer to peer (P2P) cryptocurrency like Bitcoin. But unlike Bitcoin…

Zcash is a peer to peer (P2P) cryptocurrency like Bitcoin. But unlike Bitcoin, its sole priority is to focus on private, anonymous, and fungible transactions that Bitcoin can’t-do.

Zcash was forked out of Bitcoin and launched in October 2016, and it was previously known as Zerocoin. It is based on a special cryptographic protocol that shields a sender’s information, a receiver’s information, and the amount transacted between the two parties.



Pros
  • The ability to cloak how you send money and your identity is of great importance and this is certainly a sale point for Zcash and their community
Cons
  • Criminals and bad actors might see this as a getaway for their activities, and this doesn't work well for the mass supporters if crypto

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