Review on Zcash by Douglas Cachazo
Zcash ZEC: Crypto with private transactions and its own blockchain.
Cryptocurrency that is based on the Bitcoin protocol with 100% private transactions and has its own blockchain. The operation is recorded but the sender of the currency, recipient and the amount are hidden, thanks to its ZKP knowledge protocol, but that privacy is decided by the user. That is, the one you choose to hide. On the other hand, multiple approval transactions are allowed, a transaction of this modality will require the approval of two or more parties for the funds to be released. This is ideal for businesses, these types of multiple transactions are not private.
Something attractive for miners is that from this year the reward percentage for miners will be 100%.
The exchanges that operate with Zcash we have: Coinbase, Binance, Kraken, Bitrix, Airtm, Geminiy, Changelly others.
Current price is around 82 dollars.
Pros
- Stable currency with an upward trend.
- 100% anonymous transactions
- Has its own blockchain
- Fast transactions with low fees
Cons
- Although it is accepted in the main Exchange, there are many who do not accept it.
