1 Level
14 Review
14 Karma
Review on Zcash by Miota Belly
Zcash provides encrypted memo fields that offer an opportunity of deliveringโฆ
Zcash provides encrypted memo fields that offer an opportunity of delivering messages to the recipient of the transaction that only a view key holder can see. This can be used to deliver simple messages, or such things as payment code sand confidential or commercial information.
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Pros
- Zcash is a encryption currency based on a decentralized blockade designed to make transactions more personal than the Bitcoin block. ZEC (Zcash token) transactions, such as Bitcoin's, are published in a public Blockchain, but unlike Bitcoin.
Cons
- Zcash allows users to explicitly disclose private information. Zcash provides two types of keys: "View Key" and "Spreadsheet". While the latter is used to spend, the first one is used to allow some people to see information about your transactions. Review Keys can be used to audit or share information without being revealed anywhere.
