1 Level
53 Review
-31.5 Karma
Review on Zcash by Ana A
Zcash
Zcash was developed and launched by world-class cryptographers in 2016. The underlying protocol is based on the research of scientists at MIT, Technion, Johns Hopkins, Tel Aviv University, and UC Berkeley. This has had such an impact that it has allowed a new way of conceiving computer security in the world of cryptocurrencies.
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Pros
- Completely private transactions.
- It allows the confidentiality of transactions in more rigorous ways.
- It works just like Bitcoin: the sender, receiver, and transaction value are publicly visible.
- shielded addresses to better protect user privacy.
- Low cost transactions.
- It supports a large number of exchanges and operations.
Cons
- Users often do not understand the privacy implications of protecting or removing the protection of information through these transactions.
- Slow transactions.
