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8 Karma
Review on Zcash by Mirza Ahmed
Zcash has partnered with Ethereum to help introduce zk-SNARKS to the larger…
Zcash has partnered with Ethereum to help introduce zk-SNARKS to the larger platform as part of the Byzantium upgrade. It also partnered with JPMorgan to introduce a zero-knowledge security layer (ZSL) into JPMorgan’s Quorum blockchain.So, you can't but love this project.
Pros
- While bitcoin still has something of a reputation among the general population as an anonymous cryptocurrency, it’s anything but. By building on top of bitcoin’s core code and introducing zero-knowledge proofs, Zcash is able to offer users the chance to hide the sender, the recipient and the value of transactions on the blockchain but at the same time allow fully encrypted transactions to be confirmed as valid.
Cons
- Unsurprisingly, coins that allow privacy and anonymity also gain popularity with the criminal underworld.Such links to criminal activities can hamper the public perception of a coin and limit its widespread use.
