1 Level
12 Review
28 Karma
Review on Zcash by DAT NGUYEN PHAT
As we’ve stated above, the price is not random. The big money can quickly push…
As we’ve stated above, the price is not random. The big money can quickly push the price up or down with just one click of a mouse, and currently they are chopping it back and forth making the smaller traders nervous. But don’t worry and don’t get rid of the money that you store on your Zcash wallet, as these big investors are just preparing for much higher prices and higher profits.
Pros
- The cryptocurrency market is really difficult to predict, but it’s always a good idea to look at some of the reasons why a coin might grow in value and the reasons why it might not. Firstly, ZCash has done really well to form a partnership with major financial institution JP Morgan, who are looking to install the Zero-Knowledge Proof protocol into their own blockchain project. Having a large organization such as JP Morgan show interest in ZCash gives the coin huge credibility.
Cons
- Zcash is all about privacy. It is a decentralized and open-source cryptocurrency. Unlike Bitcoin that allows all its users see all the transactions that have ever happened within the network, Zcash allows you to fully protect the privacy of your transactions. This is the improvement that the project adds above bitcoin.
