Review on Zcash by Gino Boy

Name: Zcash
Item: Zcash
Rating: 5

September 03, 2018

Zec's fundamental philosophy is consensuality. Currently the Zcash Company (CEO…

Zec's fundamental philosophy is consensuality. Currently the Zcash Company (CEO: Zooko Wilcox) is effectively leading development of the science, the protocol, and the reference client, as well as public communications and many other important tasks. In the long run the newly formed Zcash Foundation is expected to take over some of these roles, especially education, consumer protection, and the advancement of science. For now they say that they intend to keep letting the Zcash Company do its thing.
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Pros

Privacy, security and ease of transactions without the pocknosing effects of a third party or the government.

Cons

The monetary base going back to the founders had better utility if been used to push the project forward. This is a stumbling block to me, and a scenario that needs to be addressed.