1 Level
11 Review
5 Karma
Review on Zcash by Aabha Granit
Launched on October 28, 2016, Zcash is the clone of bitcoins; from that, it…
Launched on October 28, 2016, Zcash is the clone of bitcoins; from that, it means this digital currency is forked from bitcoin codebase 0.11. Zcash focuses on maintaining the absolute anonymity behind each transaction along with the parties and the amounts involved in it.
Because of its anonymity feature, Zcash is often referred to as “untraceable.” Like bitcoins, this crypto is powered by a decentralized blockchain. However, unlike any other digital currency, Zcash owners can completely shield all of their transactions.
Pros
- Wonderful team and great marketing strategy ongoing on this project will make it a success in the future
Cons
- Monero will simply push them off their patch with some recent updates. I also believe the govt crackdowns might affect Zec more
