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Review on Zcash by Xmr Lee

Revainrating 5 out of 5

Zcash is a cryptographic currency using the ZeroCoin protocol to better refineโ€ฆ

Zcash is a cryptographic currency using the ZeroCoin protocol to better refine the zero cash system that aims to use cryptography to provide improved privacy for its users.

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Pros
  • Zcash uses a zero knowledge test called zn-SNARK, a "zero knowledge, facilitated non-interactive art of knowledge". Zcash can automatically hide the delivery address, the recipient's address, and the value of all transactions.
Cons
  • Zcash is currently more centralize than it's suppose to be . There is the so also reward Fund in which the network takes 20% of the earned zcash and moves to its founders in the first 4 years. Immediately after ZEC 21 million, the "Remuneration Fund" will transfer 10% to those interested in the Zcash Foundation

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