Review on Zcash by Albert Smith
Zcash blockchain
Like Bitcoin, Zcash is based on blockchain technology and is a decentralized currency. This means that transactions between two people or a company are conducted with the utmost security and funds are transferred, and both parties make their transactions without the need for a third party.
The founder of this currency has done a lot of research in this field and published it in a not so short process. Originally, zcash is a kind of Zerocoin protocol that has been slightly developed and turned into Zerocash, and then its security has been greatly increased and it has become something we know.
So the main difference between this currency and its main competitor, Bitcoin, is the level of security, which is an important issue in the transfer of digital currency.
Like Bitcoin, ZCash has about 21 million units available, and it's interesting to note that in the first year, 20 percent of it was called the Finder Award, which was exchanged by investors and developers.
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Updated 3 years ago
Rating changed from 3 to 2
zcash has been one of the trends for the past few years, but there has not been much talk about this currency for a long time. Of course, many miners are still operating on this currency network.
The currency is not even in the top 50 in coinmarketcap and is currently ranked 63rd. If this trend continues, it will not be long before its ranking goes even higher than 100, and this is not good at all.
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Pros
- It promotes the growth and excellence of online business and user privacy.
Cons
- zcash increases crime and increases the sale of illegal goods.
