Review on Zcash by Flourish Titilope (Abesther)

ZCash is a cryptocurrency with a decentralized blockchain that tries to provide anonymity to its customers and their transactions. As a virtual forex, ZCash is like Bitcoin. Like Bitcoin, ZCash has code that is open source, but its predominant variations are within the level of privacy and thrift that each offers. Bitcoin became a pioneer within the open economy; However, ZCash tries to keep the same form as Bitcoing, but with data protection and fungibility as an established feature. Fungibility refers to the ease with which one good can be replaced by another.



Money, be it thousands of gold or a fiat currency like the US dollar, is fungible because it can be exchanged for something else. With consumer devices prone to fraud and theft, gold is stored in underground vaults and fiat currencies require constant vigilance from state coffers and critical banks. The theft resulted in all transactions being completely obvious and 100 percent traceable. Unfortunately, Bitcoin's disapproval of privacy is also a bug it has tried to fix. Some of the authentic Bitcoin customers mistakenly believed that the use of Bitcoin became anonymous due to the pseudonymization of the pocket addresses. However, the criminal movement towards darknet websites like Silk Road has proven that each one is only a small number of statistics to uncover a real identification in the pockets of Bitcoin. Zcash offers private operators the option of “selective disclosure”, which enables consumers to view the tariff for auditing purposes. with cash laundering or tax regulations. "Transactions are auditable, but disclosure is under the control of the participant. To accommodate the public debate and decision-making in this issue, RAND Europe has investigated the use of cryptocurrencies for illegal or fraudulent purposes and has specialized in Zcash. On behalf of Electric Coin The company that developed and preserved Zcash is taking a look at providing new insights to law enforcement, lawmakers, regulators and others interested in cryptocurrencies.



Zcash is less present on the dark internet, suggesting that Zcash is as much The option for dark internet customers is perceived as less attractive and is used much less frequently compared to other cryptocurrencies, particularly Bitcoin and Monero. Illegal sports may not recognize the Zcash career model at all and the fee in the functions may no longer be. In everyone other case Zcash Privacy Maintenance Ace is unaware or unsure of this.