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Review on Zcash by Koshal Saxena
ZCash has performed really well since it was created in 2016 and has…
ZCash has performed really well since it was created in 2016 and has established itself as a top 50 cryptocurrency. In fact, in late 2017, it reached an all-time high price with a market capitalization of over $2 billion! This has since gone down, but it is still worth well over $1 billion.
Pros
- ZCASH is a decentralized and open-source cryptocurrency that provides strong privacy protections, ZCASH team is great, ZCASH has a secure transport layer. I love this project.
Cons
- This view key can also be shared with other users such as regulators or law enforcement, which would allow them to audit transaction history. However, the user would need to voluntarily agree to this, which a criminal probably wouldn’t.
