Review on Zcash by Rupanshu Kumar
Zcash is a decentralised peer-to-peer cryptocurrency that provides users with…
Zcash is a decentralised peer-to-peer cryptocurrency that provides users with highly sought after privacy options. Originally, it was forked from the Bitcoin blockchain and shares the same tried and tested network as well as a limited supply of 21 million coins. Unlike many other cryptocurrencies, there is a company behind Zcash called the Zcash Company, where 10% of all Zcash that is mined within the first four years is given to company stakeholders until the year 2020. I'm really excited to see how this privacy coin performs in the upcoming years.
Pros
- Due to its privacy features it is fungible, meaning that coins are ‘cleaned’ of their history as it cannot be traced.
Cons
- No cons for me yet
